Marketed by Kun Hong
Price by Negotiation
Marketed by Kun Hong
Rare Investment Opportunity!
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
Positioned on a generous land parcel, the property also offers future development potential for those with foresight. Whether you continue to maximise the current high-yield setup or explore alternate uses, the upside here is undeniable.
This is more than just an investment-it's a strategic opportunity in one of Auckland's most established and dependable rental markets.
Opportunities like this don't come often. Act now to secure your place in Auckland's high-return investment landscape.
Property ID RMU42360
* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.