Frankton - Queenstown

Ramada Remarkables Park, 222/24 Hawthorne Drive, Frankton, Queenstown, Otago 9300

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Sold

Stylish and convenient Ramada

This stylish and spacious apartment at Ramada Remarkables Park 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 Ramada Remarkables Park 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 44sqm apartment
• Convenient Frankton location
• 10 days free use per annum for owners
• A commercial guarantee on rental over long lease term
• Includes one legal car park on title
• Hotel comprises just 54 premium furnished apartments, gym, restaurant and conference facilities

Boundary indicative only.

Price is plus GST if any.

View ebook here: bit.ly/3of88w8

Property Details

Ref

  • 20611960

Property type

  • Apartment, Unit

Floor area

  • 44 sqm

Rates

  • Local Council: $2,863.70
    Regional: $103.19

Capital Value

  • $310,000

Body corp

  • $2,519.93

Location Ramada Remarkables Park, 222/24 Hawthorne Drive, Frankton, Queenstown, Otago 9300

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