503 Otumoetai Road, Otumoetai, Tauranga, Bay of Plenty

This is a truly once in a lifetime investment opportunity in a very sought after location. 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.

This 13 bedroom plus an office and 3 bathrooms with a separate toilet facility was formally a rest home for the retired, the property has since been operating as a RSE and long term accommodation for over 50's. Resource consent allows for 20 seasonal workers from March 1st to October 31st and 14 occupants outside those times providing the term is longer than 3 months.

Annual Fire safety and Building Warranties in place to ensure long term protection and to make your investment transition even easier, there's an opportunity to purchase this property with furnishings and fittings in place, including some of the amazing tenants that would love to stay on.

If you're looking for an investment or a business opportunity which is low energy and cash positive, this could be it. Get in touch today for information or an opportunity to view.