Immaculately Refurbished Accommodation Facility

12, Tara Road, Henderson, Waitakere City

Price On Application

Proposed Usage
Office
Floor Area
267.00 m²
Land Area
802.00 m²
Description:
Property ID
1c1wx0r

- Freehold standalone residential investment property
- 14 bedroom boarding house or alternative accommodation facility (six rooms with private ensuite, 8 single rooms)
- Immaculately refurbished and ready for occupation (offered with vacant possession)
- Estimated Net Income $125,000 p.a. (after expenses and management)
- Convenient location in quiet residential no-exit street
- Turn-key opportunity for astute residential investors and accommodation providers

A rare opportunity to secure a turn-key, fully refurbished residential investment property. Previously used as a boarding house, this 14 bedroom accommodation facility has been completely upgraded and now offers eight single and six ensuite rooms, along with communal dining, living and laundry facilities.

If operated as a residential boarding house, the property has an estimated net income of $125,000 p.a. ($193,000 p.a. gross) however the property will lend itself to a number of potential accommodation requirements and users. Located on a quiet residential location, well located for public transport and amenities, this accommodation facility will serve to take advantage of the huge demand for affordable, quality residential accommodation in Auckland.

All astute residential investors and accommodation providers must inspect this immaculate turn-key opportunity

For Sale by Deadline Private Treaty (unless sold prior) closing at 4:00pm, Thursday 12th April 2018. Asking price $1,780,000 + GST (if any) .

Enquire about this property

Henderson Area