Epsom - Ramada by Wyndham Newmarket

Price $259,000
Location 209/43C Gillies Avenue, Epsom
Type Unit
Bedrooms 1
Bathrooms 1
Land m2
Listing No # 895210
Listed 31/07/2024
Views 45

Description

This stylish hotel apartment is at the popular Ramada Hotel in Newmarket. It is well-managed and well-maintained and offers a straightforward investment opportunity in the heart of Manukau City.


  • Fully furnished, Stratum in Freehold (Unit) Title
  • 23m² Hotel Room with kitchenette, ensuite and laundry facilities
  • Lease term: 30 years (15+5+5+5 commercial lease) - Lease commenced in 2019.
  • $13,500 plus GST annual income with 2% annual increases from year 3
  • 10 days free owner use per annum

This unit comes fully furnished with 10 days of owner usage per annum and guaranteed returns.
This complex has proved popular with visitors and offers an affordable investment opportunity with the option to enjoy your holiday stays in paradise. It will be sold fully furnished with quality chattels, fixtures, and fittings and on a + GST (if any) basis.

Contact our agent

Barfoot & Thompson Ltd (Licensed: REAA 2008) - Greenlane

255A Great South Road, Greenlane
Auckland , 1051




RealEstate Agents contact details and original listing on www.realestate.co.nz -

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