Distinction Realty Limited Licensed (REAA 2008)
Real Estate Agents
- Listing #:
- BYF31978
- Listed:
- 20 days ago
Deadline Sale (unless sold prior)
Money, Money, Money Money, MONEY!
503 Otumoetai Road, Otumoetai, TaurangaOther
-
- 13 Bedrooms
-
- 3 Bathrooms
-
- 286m2 Floor Area
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- 660m2 Land Area
About this property
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.
Disclaimer - This property is being sold by deadline sale and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
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