Listing Description
Investment Opportunity - 9.7% return asking price
54 Maata Rd, Eltham, South Taranaki, Taranaki
Asking price $3,600,000 + GST (if any)
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Capital value (CV) | $2,910,000 |
| Property ID# | IET468 |
| Agency reference | TFP2023004 |
Description
Total Focus Property has been appointed to market 54 Maata Rd Eltham South Taranaki.
Tenanted by Sound Care Limited - a specialist operator in the aged care sector with multiple sites throughout New Zealand.
This is a turn-key investment opportunity with high returns, and has the potential for growth from the limitless demand for quality aged care.
Don't miss the chance to secure a solid investment in the future of New Zealand’s healthcare.
Features
Certified for 41 beds
Premium asset
Established tenant
Opportunity for further expansion (subject to any necessary approvals)
Desirable retirement location
Property details
Section 1.0102Ha
Floor 1,150sqm
Additional buildings
There are 2 houses (4 bedrooms each) on the property and they are both separate to the rest home.
Capital Value
Land $2.745m
Improvements $165k
Total $2.910m
Note: Property Details and CV as at 1 Sept 21 sourced from http://www.rpnz.co.nz.
Annual Rent $350,000.00 plus gst per annum
Asking Price $3.6m plus gst if any (to be sold as a going concern)
For further information or to organize a viewing, please contact Paul Charlesworth 027 280 9551.
