36 Bedroom accommodation facility

. 36-bedroom within nineteen (19) fully furnished residential units
. Notional long-term rental income estimated to be up to $692,000 per annum
. Total combined floor area of approximately 1,252sqm
. Long-term residential investment or workers accommodation opportunity
. Excellent corner-site location with immediate access to SH6

ALL OFFERS INVITED

This is an exceptional opportunity for investors or owner-occupiers to purchase a fully furnished, modern multi-unit residential facility with huge potential and flexibility.

Designed to provide various sizing configurations, the property is ideally suited to long-term residential accommodation with notional income estimated to be up $692,000 p.a. A full rental appraisal is available upon request.

The 19 individual units comprise a mixture of configurations; these include one-bedroom, three-bedroom and four-bedroom designs. Each unit is fully furnished, well-appointed and benefits from ample on-site parking.

There is potentially an opportunity for purchasers to add value to the site, with an additional portion of land positioned toward State Highway 6, which has a scheme plan available for additional units.

Considering the strong fundamentals of the property and huge demand for residential accommodation in the region, this is a desirable opportunity that should be considered by all investors
and owner-occupiers.

For further information, please contact:

William Gubb
64 21 145 6811
william.gubb@bayleys.co.nz

Ting Xie
+64 21 066 0860
ting.xie@bayleys.co.nz

Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz