Unit 112 Ramada Queenstown Central, 18 Frankton Road, Queenstown, Queenstown, Otago 9300

Sold

Commercial Guarantee

Great investment property situated in a top location, handy to the centre of Queenstown with views over the Kelvin Heights Golf Club and beyond to the Remarkables mountain range and Cecil Peak. There is a commercial guarantee in regard to rental returns based on a 15+5+5+5 year commercial lease which provides real security for any investor.

This studio comes fully furnished with 10 days owner usage per annum, and guaranteed returns in place. This complex has proved popular with visitors and offers an affordable investment opportunity with the option to enjoy your own holiday stays in stunning Queenstown. The studio room will be sold fully furnished with quality chattels, fixtures and fittings and will be sold on a plus GST (if any) basis.

• Fully furnished, Stratum in Freehold (Unit) Title
• Unit 112 on the title with a hotel door number of 113
• 27sqm studio room with kitchenette, ensuite and laundry facilities
• Lease term: 30 years (15+5+5+5 commercial lease) - lease commenced 2019
• $18,870 plus GST annual income, increasing by 2% each year
• 10 days free owner use per annum (less an $80 cleaning fee)

View ebook here: bit.ly/3U3L70h
View matterport walk through here: bit.ly/3KiRoAW