58 Dryden Street, Grey Lynn, Auckland

Boutique accommodation - significant net cash flow

This boutique accommodation property is located approximately 10 minutes from Auckland's CBD. Fully renovated throughout, this property represents a good investment to those looking for something other than a residential tenancy.

Comprising two fully contained dwellings totalling nine double bedrooms, seven bathrooms (six luxurious ensuites) and secure off-street parking for four cars. The configuration is appealing to long-stay corporate clientele or as an Airbnb equivalent for free independent travellers (FIT).

Built to modern standards, this property is fully double-glazed, with central heating in every room and modern kitchens and living on each level. Each floor has park-view verandas and outdoor flow to separate north-facing entertaining areas.

The property is fully managed by an Auckland company who are capitalising on this unique offering to international and domestic corporate clientele. The option is still there for you to play in other areas of accommodation including residential tenancies.

This investment offers so much from location to flexibility in revenue and management considerations not seen in normal commercial investment. The committed vendor instructs a definite sale.

Due to the nature of the investment, inspections are by appointment only through the below agents.