503 Otumoetai Road, Otumoetai, Tauranga, Bay Of Plenty

Price is exc GST.

This is your opportunity to own a home and a business in an outstanding location.

Currently returning over $4500 per week as a boarding house, the home offers a rare opportunity to gain a very attractive yield.

Featuring 13 bedrooms plus an office and 3 bathrooms with a separate toilet facility, the dwelling was formally a rest home for the retired, the property has recently been operating as boarding accommodation for over 50's.

Annual Fire safety and Building Warranties in place to ensure long term protection and to make your investment transition even easier, the purchase for this property comes with all furnishings, fittings and boarding agreements in place.

Easy commuting with Beach Road, Cherrywood Shopping Centre, Local schooling of all levels and Bus routes within walking distance and an easy commute to arterial routes to get you to the larger town centres.

Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.