Mt Albert Guest House - Freehold Going Concern


4 Alexis Avenue, Mt Albert

By Negotiation

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Mt Albert Guest House - Freehold Going Concern | 4 Alexis Avenue, Mt Albert | 1680259 |      X Close
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Description

Mt Albert Guest House - Freehold Going Concern


- 31 rooms on-site, excellent leasing history, providing steady cashflow

- Situated on a Freehold land site consisting of 1,851sqm (more or less)

- Main house is 455sqm with further dwellings on 74sqm and 47sqm respectively

- Options galore - keep as existing, convert to gracious family home, boutique hotel or other commercial directions - your choice!

This property presents a fantastic opportunity to invest in a tightly held, high growth investment with options. The grand kauri mansion, previously known as 'Epworth House' is now well-established as a 31 bedroom boarding house in Mt Albert.

Situated in an elevated position with a north western aspect, the house, on a substantial site, enjoys views to the water, city skyline and the Waitakere Ranges. The property is exceptionally maintained and is fully compliant with a sprinkler system and electronic fire alarms. As a bonus, there is also generous on-site carparking.

Conveniently located close to superior amenities, shopping, leisure, public transport (road & city rail), Auckland CBD and the Unitec Campus. It is being offered with an excellent leasing history and will provide a steady cashflow to its new owner, operating with near 100% occupancy.

This is certainly an opportunity not to be missed and should be considered by all astute investors, add value investors and developers.

View: 11.00 - 11.30am Wednesdays/Fridays and 12:30-1pm Saturdays

Paul Dixon

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 22 091 7399
Office: +64 9 375 7441
paul.dixon@bayleys.co.nz
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Andrea Ritchie

Ponsonby

Licensed under the REA Act 2008

Mobile: +64 21 906 793
Office: +64 9 375 7410
andrea.ritchie@bayleys.co.nz
View profile

Duncan Ritchie

Ponsonby

Licensed under the REA Act 2008

Mobile: +64 21 400 811
duncan.ritchie@bayleys.co.nz
View profile

4 Alexis Avenue, Mt Albert

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Paul Dixon

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 22 091 7399
Office: +64 9 375 7441
paul.dixon@bayleys.co.nz
View profile

Andrea Ritchie

Ponsonby

Licensed under the REA Act 2008

Mobile: +64 21 906 793
Office: +64 9 375 7410
andrea.ritchie@bayleys.co.nz
View profile

Duncan Ritchie

Ponsonby

Licensed under the REA Act 2008

Mobile: +64 21 400 811
duncan.ritchie@bayleys.co.nz
View profile