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Invest in the heart of Frankton
This stylish and spacious executive studio apartment at Wyndham Garden Hotel is fitted with contemporary furnishings, premium floor coverings and quality European kitchen appliances. These architecturally superior apartments maximise the creative use of space partnered with an elegant, modern design. Owners will enjoy 10 days free-stay use every year for the life of the lease, allowing enjoyment of both premium investment returns and the opportunity to experience this unique destination.
The apartment investment opportunity at Wyndham Garden Hotel is ideal for investors who are looking for an investment property that has a reputable commercial tenant and a secure return with fixed growth throughout the lease term.
The hotel is two minutes drive from Queenstown Airport and only seven minutes from the central city. On the doorstep of the hotel is The Remarkables Park Town Centre - which houses a wide range of shops, businesses and restaurants. The hotel is located at the top of the new High Street area, within walking distance to several stores and amenities.
• One bedroom, one bathroom 33sqm executive studio apartment
• Convenient Frankton location
• 10 days free use per annum for owners
• A commercial guarantee on rental over long lease term
• Hotel facilities include gym, cafe on the ground level and conference facilities
Boundary indicative only.
Price is plus GST if any.
View ebook here: bit.ly/3hUjSEr
Property Details
Ref
- 20714875
Property type
- Apartment, Unit
Floor area
- 33 sqm
Rates
-
Local Council: $2,783.66
Regional: $148.86
Capital Value
- $285,000
Body corp
- $2,350.22 per annum
Location 223 Wyndham Garden Hotel, 32 Red Oaks Drive, Frankton, Queenstown, Otago 9300
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