Listing #:3957758377

Freehold Ownership in Auckland and Wellington Hotels

Location: Auckland City, Auckland
Freehold (Stratum)  Hotel Apartment investment options - purchase 1, purchase multiple titles!

Investing into managed apartment hotels has many advantages.

Safari Group was established in 1996 and holds a proud record of a New Zealand based, investor focused property developer and operator.

Through identifying and pursuing outstanding development opportunities that will deliver long-term value and uncompromising quality to investors, Safari Group has key development investment options for astute investors. Purchasing into the hotel portfolio offers investors –

• Ownership in a managed apartment hotel
• Use of the apartment on an agreed basis
• Consistent income via annual rent, paid monthly for the tenure of lease – up to 30 years
• CPI rent adjustment annually from year 3, and market rent review each 5 years
• Gross return circa 6 - 6.5% (subject to apartment type)
• 3 locations - Auckland Parnell, Ellerslie plus Wellington

Investment options commence from $252,000, and multiple apartment purchases are available.

The hotel sector continues its strong demand-led recovery with emphasis on higher room rates. Now is the time to invest into this business sector.

Call Lindsay Sandes, Links accommodation specialist for discussion and to meet at the Auckland display suite.



To find out more, go to linkbusiness.co.nz/EL03636 ­and press the “Enquire Now” button to complete an online confidentiality agreement.

Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusi­ness.co.nz


***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Agency reference #: EL03636
Asking price: $252,000
Listed: Wed 18 Jan, 1:17 pm
Lindsay Sandes
Link Business Broking Ltd
  • Contact details
  •  (021) 895940

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Agent's details

Lindsay Sandes
  •  (021) 895940
Link Business Broking Ltd
(09) 5799226

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