CALLING INVESTORS.
A substantial property consisting of a four bedroom home with two living areas, six studio units and six one bedroom units on 2618m2 of land. A separate laundry and a swimming pool. The site lies nicely to the North hence is very sunny. This ex motel has a proven rental history and long term records are available. The current earning potential is $200,000 per annum. Located not far from shopping and supermarkets and a regular bus service passes the gate. Tauranga's growth forecasts would show good potential in this property. Please call for details.
Tenders Close: Wednesday 23 May 2018, 3.00pm at Ray White Bayfair, 12 Girven Road, Bayfair, Mount Maunganui (unless sold prior)
Features:
Sloping Section Contour
Northerly Aspect
City Views
City Sewage
Town Water
Street Frontage
Above Ground Level
See all features
Property ID:
BYF23512
Building:
390m²
Land:
2,617m² / 0.65 acres