Listed: Fri, 10 Feb

Top Notch Investment Return!

108/9 Kaipiho Lane, Albany, North Shore City, Auckland

Price by negotiation

1 Bed
1 Bath
1 Living area
34m² Floor

Other Features

1 Separate toilet

Attribute	Value
Property type	Apartment
Capital value (CV)	$355,000
Agency reference	MAB33898
Broadband in the area	Fibre, Satellite, Wireless

Let The Numbers Do The Talking!

Those shrewd investors looking for a passive addition to their portfolio should seriously consider this option! As part of the stylish Ramada Suites in the super central location off Oteha Valley Rd and nestled amongst bustling cafes, restaurants, bars, retail and business centres, this type of investment is rarely available. As of 1st Apr 2025 (reflecting latest 2.0% review) rent is $1,597.24 per month incl GST ie. a fantastic gross return of almost 7.0% pa. This modern building was completed in 2017 and is leased 30yrs (15+5+5+5) from 2017. It is very handy to the Albany bus station, motorway access, North Harbour Stadium, Albany Tennis Park and numerous walking trails and bush reserves. With the thriving Westfield hub and surrounding areas only growing further, getting in now for such a hotel investment makes very good sense. The Ramada (by Wyndham) group is gaining a bigger foothold in NZ and this is one of their many sought-after hotels.

Please note photos are of a similar comparable apartment. Sale is plus gst, if any. Cannot be permanently owner-occupied. Please use this link to see other photos and information on the hotel: https://www.marsdenhotels.co.nz/ramadaalbany. Premium furniture/fixtures packages apply to each apartment. Please contact us for information brochures and documents or paste this URL to your browser for online access: https://www.harcourtsfiles.co.nz/listings/TU4Y

Open home times

No times scheduled

Property Files

Discover more about this property.

Request the files from Chris.

These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.