Listing #:1620016656

Hotel Apartment Investment Opportunity

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Location: 30 Mountain Ash Drive, Town Centre, Queenstown­-Lakes, Otago
Rooms: 1 bedroom, 1 bathroom
Property type: Apartment
Price: Asking price $234,647
This new Safari Group project offers:
• A 30 year lease (15+5+5+5)
• Up to 6.7% return, paid monthly
• 10 days free use per year
• Commercial guarantee, not rental guarantee

On a prime site, in Remarkables Park, construction of this hotel is scheduled to commence late in 2018. Safari Group have just completed Queenstown's Wyndham Garden Hotel and last year completed the highly successful Ramada Hotel and Suites - both in Frankton.

There are a range of options available:
• Hotel Room - $234,647
• Studio Apartment - $269,078
• Deluxe Studio Apartment - $308,294
• One Bedroom Apartment - $310,216
• Deluxe One Bedroom Apartment - $320,020

All prices are GST Exclusive. Contact us today for more information.

Agency reference #: QTN22116
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Recent QV.co.nz sales information

The average value in Queenstown-Lakes in the last 3 months was $1,161,159. View more recent sales at QV.co.nz

Asking price: $234,647
Listed: Wed 2 May, 3:51 pm
John Leith
Ray White Queenstown (Wakatipu Realty Group Ltd), Licensed Agent (REAA 2008)
  • Contact details
  •  (03) 4502034
  •  (027) 5449449

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John Leith
Ray White Queenstown (Wakatipu Realty Group Ltd), Licensed Agent (REAA 2008)
(03) 4427177
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Expires: Mon 22 Oct, 4:19 pm
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