Listing Description
Rare Commercial Accommodation in a Residential...
11A Buchanan Street, Devonport, North Shore City, Auckland
Price by negotiation
Details
Attribute | Value |
---|---|
Property use | Hotel/Leisure |
Agency reference | 1470667 |
Description
Built as a single dwelling in 1924 and converted in the 1980s, these two self-contained studios offer an array of appealing options. On a separate title from the two-level house in front, they are available to purchase along with the house.
Favourably consented for commercial accommodation in a residential zone, they have been operated as Devonport’s only motel for 30+ years, successfully attracting tourists, business travellers and other visitors. You can continue operating this established business for a healthy income boost or consider offering longer-term rentals. Alternatively, it’s perfect for multi-generational living, or simply a space from which to work, removed from the main home. A bonus for many will be the large workshop/shed.
The owner has advised the income as circa $80,000 per annum. There may be potential to increase this with a tight operator.
A rare find in the heart of Historic Devonport village, 5-minutes’ walk from the beach, parks, library, cafes/bars/restaurants, New World supermarket and a fast ferry service to the CBD.