BUSINESS DESCRIPTION
Prominently located on State Highway 1 just 3 minutes from Tokoroa
A pleasant semi-rural 2 acre block set behind a row of lovely mature trees
Showing a 30% return on investment, this is an ideal opportunity for a working couple focused on maximising profit without the need for staff.
22 year lease with an annual rent of $45,000.
11 well presented ground floor units, all with cooking facilities, 3 studioâ??s, 1 one bedroom & 7 two bedroom units, ample parking and a lovely back lawn with communal BBQ area.
Generous 2 storey ownerâ??s accommodation, open plan dining/living & kitchen downstairs leading into the reception area and 4-5 bedrooms and large deck upstairs, well situated for all day sun, ample storage and a spacious workshop for the handyman.
The vendors, of only 11 months, have invested a further $50,000 on refurbishment and sadly due to a sudden change in their personal circumstances are in need of an urgent sale.
Call now for further information or complete an online confidentiality agreement.