Are you looking for double digit Returns?
Look no further than this permanent Paihia investment.
Rental Income: $40,000pa + GST + Outgoings
Long term lease to Heritage Hotel chain
Long term lease from 2010 with 2 yearly rent reviews
For sale: Ground floor reception and conference facilities plus
spacious 2 bedroom self contained managers apartment upstairs.
Furthermore the conference facility has a full kitchen and entertaining area and the apartment upstairs comes with a lock up garage and further car parking.
Positioned perfectly in Paihia, Bay of Islands, across the road from the beach, and a stroll away from the ferry that takes you to the historic town of Russell.
Asking Price:$450,000
Call Now your return on the investment will be unbelievable!