Colliers International are pleased to offer for sale 17 freehold investment apartments in a key location.
The 17 units, located in Hurley's of Queenstown are offered for sale in one line with an asking price of $5,750,000 plus GST (if any).
Hurley's of Queenstown offers 4 star plus modern motel apartment accommodation only a few minutes walk from central Queenstown on a main arterial road. The complex provides 23 units including a managers unit and central reception.
The offering includes seventeen units, namely five executive studio units, nine premier studio units, a honeymoon studio unit, a one bedroom interlocking unit and a two bedroom two level apartment.
The overall complex includes an entry foyer reception and office, laundry facilities, sauna and changing rooms, exercise rooms, sunroom and locker room.
The complex is situated on a prominent corner site, fronting Frankton Road (Stage Highway 6) in an area of new hotel development.
For more information please contact Barry or Steve today.
- Showing an average unit return of 5.0% in the last financial year
- Long term management agreement in place
- Located on main arterial road in Queenstown
- On site carparking
- Total complex contains 22 investment units
