EASY RUN - GREAT CASH FLOW
17, Albert Street, City Centre, Gisborne City
- Proposed Usage
- Hotel & Leisure
- Floor Area
- 800.00 m²
- Property ID
An upmarket boarding house with 30 bedrooms and 42 beds, enjoying excellent occupancy operated under competent management with long term tenancies in place.
The property is situated on 7,166m² of land, allowing for plenty of room for future expansion. The building has had a major refurbishment and is operating as a successful business with net income anticipated to be in excess of $240,000 per annum.
Purchase as an owner occupier, land, buildings, and business, or take advantage of the existing management.
• Single level accommodation lodge - 42 beds
• 7,166m² of land
• Approximately 800m² of buildings
• Extensive chattels list
• Vendor refurbished to a high standard - yours to reap the upside, will consider house trade as part payment
Please call Tom for further information 021 214 4329.