Marketed by Kun Hong
Price by Negotiation
Marketed by Kun Hong
Rare Investment Opportunity!
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.