Sold
503 Otumoetai Road,
Otumoetai, Tauranga City
NZD 1,460,000
Property details
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Agents
Ray White Bayfair: Distinction Realty Limited Licensed (REAA 2008)
12 Girven Road, Mt Maunganui Tauranga City 3116
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Chattels
- Dishwasher
- Light Fittings
- Floor Covers
- Blinds
Cash Positive Investment
Price is exc GST.
This is your opportunity to own a home and a business in an outstanding location.
Currently returning over $4500 per week as a boarding house, the home offers a rare opportunity to gain a very attractive yield.
Featuring 13 bedrooms plus an office and 3 bathrooms with a separate toilet facility, the dwelling was formally a rest home for the retired, the property has recently been operating as boarding accommodation for over 50's.
Annual Fire safety and Building Warranties in place to ensure long term protection and to make your investment transition even easier, the purchase for this property comes with all furnishings, fittings and boarding agreements in place.
Easy commuting with Beach Road, Cherrywood Shopping Centre, Local schooling of all levels and Bus routes within walking distance and an easy commute to arterial routes to get you to the larger town centres.
For more information please visit the link - https://rwbayfair.co.nz/BYF31978
This is your opportunity to own a home and a business in an outstanding location.
Currently returning over $4500 per week as a boarding house, the home offers a rare opportunity to gain a very attractive yield.
Featuring 13 bedrooms plus an office and 3 bathrooms with a separate toilet facility, the dwelling was formally a rest home for the retired, the property has recently been operating as boarding accommodation for over 50's.
Annual Fire safety and Building Warranties in place to ensure long term protection and to make your investment transition even easier, the purchase for this property comes with all furnishings, fittings and boarding agreements in place.
Easy commuting with Beach Road, Cherrywood Shopping Centre, Local schooling of all levels and Bus routes within walking distance and an easy commute to arterial routes to get you to the larger town centres.
For more information please visit the link - https://rwbayfair.co.nz/BYF31978
Explore the area
School catchments
- Matua School Primary Years 1-6 State 0.93km
- Ōtūmoetai Intermediate Intermediate Years 7-8 State 1.3km
- Pillans Point School Primary Years 1-6 State 1.6km
- Ōtūmoetai College Secondary Years 9-15 State 1.6km
- Ōtūmoetai Primary School Primary Years 1-6 State 1.7km
- Bellevue School (Tauranga) Primary Years 1-6 State 1.9km
- Te Kura o Manunui Primary Years 1-6 State 2.8km
- Tauranga Primary School Primary Years 1-6 State 3.5km
- Te Wharekura o Mauao Secondary Years 7-15 State 3.8km
- Bethlehem School Primary Years 1-6 State 3.8km
- Tauranga Boys' College Secondary Years 9-15 State 4.2km
- Bethlehem College Composite Years 1-15 State integrated 4.9km
- Gate Pa School Primary Years 1-6 State 5.0km
- St Mary's Catholic School (Tauranga) Primary Years 1-6 State integrated 5.0km
- Tauranga Girls' College Secondary Years 9-15 State 5.1km
- Tauranga Intermediate Intermediate Years 7-8 State 5.2km
- Mount Maunganui Primary School Primary Years 1-6 State 5.5km
- Tauranga Adventist School Full primary Years 1-8 State integrated 5.6km
- Te Puna School Full primary Years 1-8 State 5.7km
- Mount Maunganui College Secondary Years 9-15 State 5.9km
- Te Kura o Te Moutere O Matakana Composite Years 1-15 State 8.1km
- Aquinas College Secondary Years 7-15 State integrated 9.5km
- ACG Tauranga Composite Years 1-15 Private 11.8km
- TKKM o Te Kura Kokiri Composite Years 1-15 State 14.1km
- Papamoa College Secondary Years 7-15 State 15.2km
- Te Puke High School Secondary Years 9-15 State 20.7km
- Katikati College Secondary Years 7-15 State 23.0km
- Matamata College Secondary Years 9-15 State 36.5km
- Matamata Christian School Composite Years 1-15 State integrated 37.1km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Billy Russell
Billy Russell
503 Otumoetai Road, Otumoetai 3110
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Billy Russell
503 Otumoetai Road, Otumoetai 3110