Seller is fully committed elsewhere and must let this this apartment go. The desirable full one bedroom floor plan design , fully furnished and located on the 2nd floor. Ramada Hotel and Suites Wellington is comprised of 93 premium furnished Hotel units plus 30 residential units with excellent benefits for investors. Title release due late April 2021 , now is the time to act quick and and own before higher market capitalization. This opportunity is ideal for investors who are looking for a secure yield option free of high outgoings backed by a reputable hotel provider, with fixed returns and rent reviews throughout your tenure.
Key Points Include :
-45 Sqm floor area
-Term: 30 years based on 15 + 5 + 5 + 5
-Rent Revenue $19,500 plus GST pa if any (including free-stay value)
-Reviews: 2% (compounding) increase starting after year 3 and market review on renewals.
backed by a franchisor that is one of the world's largest and most successful hotel
operators
-10 days free use per annum for owners
-A commercial guarantee on rental
-A hands off, hassle free investment with minimal owner input required
-Low body corp levies
No deadline , tender or auction , simply make an offer. Buyer Enquiry from $315,000.
*Pls note images generic renders/images , pls note this is investment only , cannot be lived in.
