Passive investment opportunity


51 Rangiamohia Road, Turangi

Private Treaty

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Passive investment opportunity | 51 Rangiamohia Road, Turangi | 2700610 |      X Close
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Passive investment opportunity


Currently enjoying a return of $26,400 per annum on a fixed lease, this 5000sqm property is perfectly positioned for the keen investor - now and for the future.

Once Turangi's third primary school, this well situated property has been reconfigured and is currently utilised as an accommodation enterprise.

Infrastructure includes a six bedroom, two bathroom hostel along with three separate cabins, a small ablution block and a storage room.

One of the original prefab classrooms constructed in native timbers remains as well which could be refurbished for a range of uses when desired.

This property is the ideal option to be held for the medium term with an eye for further development later on.

Large residential freehold sites in Turangi are a scarce product so view and register your interest in this highly desirable opportunity today.

To be sold by way of Set Date Sale on the 14th of August (unless sold prior)

Zane Cozens

Turangi

Licensed under the REA Act 2008

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51 Rangiamohia Road, Turangi

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Zane Cozens

Turangi

Licensed under the REA Act 2008

View profile