Introducing LQ Hotel and The Residences, Ellerslie – Safari Group’s brand new exciting new development currently under construction.
Take the opportunity to select from various tenanted hotel investment options – hotel suites, studio, and 1 bedroom options (apartment options also available to purchase).

Scheduled for completion Quarter 2 of 2023, the development at 660-670 Great South Road consists a mixed-use 12 storey development, featuring an initial 15 year lease term (for all hotel units) to La Quinta by Wyndham (LQ Hotel) on the lower levels and The Residences Apartments from Level 6 and above – benefitting from elevated views and a great outlook. LQ Hotel units range from 24sqm up to 50sqm, and pricing from $258,700 up to $377,000. Wyndham Hotels & Resorts is an international hotel franchisor with 20 brands across 95 countries worldwide, in over 8,900 locations – with La Quinta (LQ) one of their major hotel chains.

Well-situated in the heart of Ellerslie, the development benefits from excellent public transport and main road access, with Ellerslie Train Station approximately 500m from the site (via underpass) and access to the Southern Motorway just around the corner.

Tenanted hotel units rarely come available to the market – this is an exceptional opportunity for all investors (local and offshore) to secure one of these exciting, high quality investments with only a 10% deposit (20% for overseas residents) and the balance upon completion.

With the addition offering of 10 days free stay per year at this LQ Hotel, contact the RE/MAX Projects Team for an Information Memorandum.

Initial gross return of 5.8%!