Tender (Unless Sold Prior by Private Treaty)

On the Mount Roskill Sandringham border, this fee simple, free-standing boarding house presents a rare opportunity for savvy investors. Currently generating a phenomenal rental income exceeding half a million dollars per year, this fully equipped, low-maintenance property is something that those with a nose for business will be quick to snap up.

• With major upgrades completed-including a new roof, re-wiring, and enhanced security systems-the property is in tidy condition and primed for continued success.

• Tenants are currently secured through government based schemes ensuring a steady and reliable stream of income.

• Beyond its strong returns, the large land holding offers future potential for those with a vision.

• Whether you continue to capitalise on its high yield rental model, or explore alternative development options, this is an investment that works for today and tomorrow.

• 13 double rooms and 17 single rooms

• 3 full bathrooms, 6 additional WC's

• 8 off-street parks

Opportunities like this don't come often-get in touch to secure your stake in one of Auckland's most stable and lucrative property sectors.