Queenstown 1 / 24-26 Frankton Road

Studio Apartment.

Century21 Darrak Realty Ltd is pleased to offer another unique property development from renowned apartment developer Safari Group. Ramada Queenstown located in the heart of the the famous Queenstown centre. You can secure your Ramada Queenstown apartment with a 10% deposit (New Zealand resident) or 20% (where the purchaser is not a New Zealand resident).

SERVICED APARTMENTS The Serviced Apartments will be branded and franchised by Wyndham Hotel Group, the world's largest hotel group, under the Ramada brand. We offer investors within the Serviced Apartment Hotel the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years with up to 7% guaranteed gross return (incl free-stay allocation) and with a 2% fixed annual rental increase from the end of year 3. Returns are secured by a commercial lease and commercial guarantees. KEY DETAILS Continuity of income Up to 6.67% guaranteed gross return (incl free-stay value) with annualrent increase 2% per annum growth after year 3 Rent paid directly into your bank account on a monthly basis 10 days free use per annum for owners A commercial guarantee on rental not a rental guarantee Term: 30years lease base on 15+5+5+5 Great entry level pricing for investors looking for property with along term lease in place A hands off, hassle free investment with minimal ownerinput required Priced from $280,319 to $311,703 Call Ivan on 022 616 9913 for more information.

(Photography is for marketing purposes only)

Property Information

• Floor area approx 27sqm