SOLD: Auckland City Fringe Boarding House - $315,000 EBITDPA

Modern facility, top location & onsite managers accom

Address Auckland City fringe location available on application

Location Auckland,Auckland City

Sales Weekly sales average of $17,200+

Asking Price $866,250

Listing ID KA2233

SOLD by Mike Ponsonby

On offer is one of Auckland’s premium boarding houses.
What makes this a winner is the modern warm facilities, great low maintenance building & tenants. If you know this industry you will appreciate the 20 onsite car parks, prime location, the quality of the facility and its 100% occupancy.

Business Highlights
- EBITDPI of $315,000+ for FY2023
- 50+ rooms
- Onsite manager’s flat
- Large lounge on each floor including Sky & PC use
- Fully compliant facility
- Fully furnished / shared bathrooms
- All tenants have backgrounds checks
- Safe & secure facility with swipe card access
- Unlimited wi-fi access for tenants

Opportunities like this seldom come to market, call Mike Ponsonby today on 021 450 049 to arrange a meeting or inspection.

Asking Price: $866,250
Listing ID: KA2233