For sale by deadline private treaty closing 12:00pm, Wednesday 10 July 2024 (unless sold prior) at Level 3, 50 Kitchener Street, Auckland Central.
A must-see with future development upside!
Rarely do you find a carefree investment that represents a low-risk position whilst providing the potential for future redevelopment. And all this at such a comparatively reasonable price! Our vendor is clear – he wants this sold. Do not make the mistake of not considering this property. Be bold and your fortune is assured.
• Established 50-room boarding house on a Business - Town Centre zoned site
• Strong demand, fully booked at 100% occupancy almost all the time
• A quality property, routine maintenance has been a feature of the ownership
• An excellent sitting manager of the last 12 years wants to stay on
• Returning approximately $260,000 net per annum
• Possibility of a double-digit yield