Property main details

13
3

Home For Sale

  • Sold For $1,460,000
  • Home and Income

Specifications

  • Property Type
    Home and Income
  • Building
    286 m2
  • Land
    660 m2

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

Chattels

  • Light Fittings
  • Dishwasher
  • Floor Covers
  • Blinds

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

503 Otumoetai Road Otumoetai, Tauranga City
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