Listing #:1663573012

Looking For A 6% Return Investment?

Location: 126/770 Great South Road, Manukau, Manukau City, Auckland
Rooms: 1 bedroom, 1 bathroom
Property type: Apartment
Floor area: 21m2
Price: Asking price $199,000
Property ID#: FVJ850
This is it! Ramada is a large multinational hotel chain owned by Wyndham Worldwide. They operate more than 800 hotels across 63 countries under the Ramada brand.
Ramada Manukau is located at Central Manukau; close to Vodafone Events Centre and Rainbow's End. This hotel room is freehold and you can buy and sell it without restrictions. The first three years rental is $11,500 per annum and increasing by 2% annually after year three. With the asking price only $199,000, you can get approx 6% return yearly, which is a really good investment.
For more details, please ring Winnie at 02102265482

Agency reference #: NE180608
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The average value in Auckland in the last 3 months was $1,051,687. View more recent sales at QV.co.nz

Asking price: $199,000
Listed: Tue 12 Jun, 12:12 pm
Winnie Lu
Harcourts New Lynn Shelter Realty Ltd MREINZ, Licensed Agent (REAA 2008)
  • Contact details
  •  (021) 02265482

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Winnie Lu
Harcourts New Lynn Shelter Realty Ltd MREINZ, Licensed Agent (REAA 2008)
(09) 8251000
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Expires: Tue 7 Aug, 12:12 pm
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