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West End 186 Fitzherbert Avenue, West End

8 Bedrooms2 Bathrooms8 GaragesID BU76162
Buyers $1,200,000+

Calling for all investors

This residentially-zoned 874m2 section is in a prime location centrally based between Massey University and the city square. Beautifully presented 273m2 eight bedroom, two bathroom and four toilet home that is currently operated as an accommodation business. The space includes a commercial kitchen and separate dining area. The current owners have operated the facility for the past 25 years very successfully with part time help and with little marketing. The property current has a 10 years lease in remaining (Estimated Gross Yield: 5.31%). If you are looking for a great investment to add to your portfolio, with a future potential as a large family home or opportunities to develop a well-situated plot of land in this vibrant provincial city, you need to talk to me now.
CHATTELS  Fixed floor coverings   |   Drapes   |   Mirrors   |   Blinds (motor driven)   |   Ceiling Fans   |   Central Vacuum   |   Dishwasher   |   Gas Hob   |   Microwave   |   Range Hood   |   Refrigerator   |   Security Lighting   |   Smoke Detectors   |   Telephone   |   Washing Machine   |   Waste Disposal   |   Electric Oven (commercial)   |   Tumble Dryer
Features
Area | 273.00m2Land | 874 m2Rates | $15244.70paRegional rates | $715.62paLV | $860,000RV | $1,050,000
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Sandy Pearman

M  027 643 5341  P  06 351 2846

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