Buyers $1,200,000+ NZD

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186 Fitzherbert Avenue West End, New Zealand

This residentially-zoned 874m2 section is in a prime location centrally based between Massey University and the city square. Beautifully presented 273m2 eight bedroom, two bathroom and four toilet home that is currently operated as an accommodation business. The space includes a commercial kitchen and separate dining area. The current owners have operated the facility for the past 25 years very successfully with part time help and with little marketing. The property current has a 10 years lease in remaining (Estimated Gross Yield: 5.31%). If you are looking for a great investment to add to your portfolio, with a future potential as a large family home or opportunities to develop a well-situated plot of land in this vibrant provincial city, you need to talk to me now.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 2
  • Partial Bathrooms: 0
  • Property Type: Other
  • Home size: 0 ft2 / 0.00 m2
  • MLS: BU76162
  • Web ID: JDSDCY
  • Status: Current

Property brokered by

Property Brokers

+64 6 356 5122

Presented by Catherine Richardson

  • 06 280 2924

Contact Catherine Richardson

Contact Agent


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