Property listing ID: 4111690
This is an unmatched opportunity to secure a substantial Freehold Going Concern (FHGC) on a high-exposure corner site in Papatoetoe. Combining a profitable 43-room accommodation business (Aroha Motel & Apartments) with a premium 2,530m² landholding, this asset delivers strong revenue from day one alongside significant future development upside. The turnkey complex spans five distinct villas and a dedicated luxury suite wing, fully outfitted for a seamless ownership transition. There is an option to convert an additional one or two more luxury suites. KEY FEATURES: • 2,530m² freehold corner site • Dual street frontage, exceptional access, and high-density zoning • 43-room setup, including 38 rooms and five premium guest suites with private patios • Healthy Homes certified • NBS rating - 100% • Approximately 20 minutes to Auckland Airport and 25 minutes to Auckland CBD
Listed by Barfoot & Thompson , Justin Lowe (City Commercial) , Rohit Khanna (City Commercial)