4 Alexis Avenue, Mt Albert, Auckland

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