Rare Investment Opportunity - This Could Change Your Life!
This property has been on the market for some time, and I've received a lot of interest since then. However, it's not a property for everyone. So please, do your homework before contacting me. Once you've done that, I'd be happy to schedule a meeting with you before arranging a viewing.
Property category: CASB - Commercial Accommodation Suburban. This property type may be considered an acceptable investment under the Business Investor Visa (subject to approval by an Immigration business specialist).
Located on the border of Mount Roskill and Sandringham, this freehold, free-standing boarding house presents an exceptional opportunity for the bold investor with vision. It's not your everyday property-this is a serious income-generating machine that's already ticking all the right boxes.
Currently returning over $500,000 per annum in rental income, this low-maintenance, fully tenanted asset offers strong, stable cash flow, with tenants secured through government-supported accommodation schemes, ensuring ongoing reliability and minimal vacancy.
Property Features:
13 double rooms + 17 single rooms
3 full bathrooms + 6 additional WCs
8 off-street parking spaces
Compliant with Healthy Homes Standards
Meets all regulatory requirements for boarding houses
New roof, rewiring, and modern security systems recently completed
Purpose-built and well maintained, requiring minimal upkeep
Opportunities like this don't come often. Act now to secure your place in Auckland's high-return investment landscape.
