Listing #:1708307410

Your affordable 5.9% investment in Queenstown

Location: 8 Mountain Ash Road, Town Centre, Queenstown­-Lakes, Otago
Property use: Hotel/Leis­ure
Floor area: 25m2
Price: Asking price $234,647
Your own luxury hotel rooms in an Adventure Wonderland is a great return, secure 30 years lease and yearly free accommodation!

Ramada Kawarau River Hotel and Suites comprises 87 furnished hotel units and 97 freehold residential units located in the magnificent surroundings of Queenstown, with breath taken views of the Remarkables Mountains.

The construction is commencing this year. This property will be branded and franchised by Wyndham Hotel Group, the world's largest hotel group, under the Ramada brand.

Local and international investors have a great opportunity of up to 6.77% (note this is for Deluxe Studio 003)guaranteed gross return (including free-stay accommodation) from a secure commercial lease to the Ramada franchisee for up to 30 years.

There are fixed annual rental increases from the end of year 3.

- Ramada Hotel Lease Term: 30 years based on 15 + 5 + 5 + 5 years
- A franchisee with a proven international track record
- Up to 6.77%guaranteed gross return paid directly into investor's bank account on a monthly basis
- A 2% annual rental increase after year 3
- 10 days free use per annum for owners
- A commercial guarantee on rental
- Priced:
NZ$234,647 for a small 22-25m2 hotel room
NZ$269,078 for 26-28m2 studio
NZ$308,294 to NZ$310,216 for 30-35m2 deluxe studio
NZ$320,020 for 42 m2 deluxe 1 bedroom.

The highest net return is 5.9% for the deluxe studious and deluxe 1 bedroom accommodation.

The investment in hotel rooms is considered to be a commercial investment and is not affected by the new law, banning non-residents in New Zealand purchasing residential properties.

Give us a call to get the Information pack and to book an individual presentation.
Please call Alistair Macrae on 027 421 6529

Agency reference #: L19423980
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Asking price: $234,647
Listed: Mon 23 Jul, 12:36 pm
Alistair Macrae
Haig Robinson Realty
  • Contact details
  •  (027) 4216529
  •  (027) 4216529


Advertiser's details

Alistair Macrae
  •  (027) 4216529
  •  (027) 4216529
Haig Robinson Realty
(09) 3522022
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Expires: Mon 21 Jan, 11:01 am
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