221/43C Gillies Avenue, Epsom, Auckland City, Auckland

A rare opportunity not to be missed! This fully serviced studio apartment in popular Ramada Hotel in Newmarket is up for grabs. Our motivated vendor is committed to sell – making this your chance to secure a high-yield, hands-off investment in one of the city's most desirable locations.

Key features:

• Stratum in Freehold title, CCC was issued in 2021
• Superbly finished with a high level of quality and attention to details
• Fully serviced and managed by Ramada
• Full furniture package included
• Double glazed window furnishings and a heat pump is installed to ensure all year-round comfort and warmth
• Secure building with hotel staff
• $13,500 plus GST annual income with 2% annual increases from year 5
• Allowance of 10 days owner's use per annum and you can sell anytime

Annual outgoings:

• City council rates: $1,873.94/p.a
• BC levy: $4,373.12/p.a

This complex is consistently popular with visitors and represents an affordable investment opportunity, with the added benefit of enjoying your own holiday stays in paradise. The property will be sold fully furnished with quality chattels, fixtures, and fittings, on a +GST basis.

Managed under the reputable Ramada brand – part of Wyndham Hotels & Resorts, one of the world’s leading hospitality groups – your investment is in safe, professional hands.

Grab this investment hotel unit and earn an easy and good return! Contact Selina today to arrange a viewing and secure this standout investment before it's gone!

PLEASE NOTE: PRICE $199,000 PLUS GST

See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.