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122/18 Mountain Ash Drive, Frankton, Queenstown

An Excellent Investment in Midst of Alpine Beauty

dollar

$325,000 Plus GST (if any)

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
30m2
On this page:

Property details

Listing # CTA35619 | Listed on 13 April 2022

This is an excellent investment opportunity in Queenstown. Contemporary LQ Kawarau River Hotel is located in the beautiful surroundings of Queenstown - An Adventure Wonderland, considered by many as a world class tourist destination.

LQ Hotel is part of the Wyndham Hotel Group - the world's largest and most diverse hotel company. You are purchasing a FREEHOLD unit title deluxe studio apartment which is leased back to an approved franchisee. This business model provides investors with a reputable tenant and the security of guaranteed income each year.

This opportunity is ideal for property investors who are looking for an investment that has a reputable commercial tenant in place and are looking for an excellent gross return. This is a low level entry price which gives traditional residential investors the opportunity to take advantage of the commercial landlord benefits below:

  • Lease Term: 30 years based on 15+5+5+5 years commercial lease agreement
  • A 2% annual rental increase after year 3
  • 10 days free use per annum for owners (Have an investment & a holiday pad at the same time)
  • A commercial guarantee on rental
  • A hands off, hassle free investment with minimal owner input required
  • Sale price is $325,000 plus GST (if any)
  • The Hotel is operating with excellent full star Google reviews.

Invest now in New Zealand's Golden Destination. Call us now for more information.

*Images are artist's impressions & photo of similar unit.

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