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Managed Apartment Opportunity | Consistent Income

$252,000

Auckland Central, Auckland

Managed Apartment Opportunity | Consistent Income

Are you considering investing in a managed apartment opportunity? If so, Safari Group may be the perfect choice for you.

Safari Group is a reputable property developer and operator based in New Zealand, known for identifying and pursuing exceptional development opportunities that provide long-term value and uncompromising quality to investors.

Savvy investors can take advantage of Safari Group's key development investment options by purchasing into the hotel portfolio, which includes the following benefits:
• Ownership in a managed apartment hotel
• Use of the apartment on an agreed basis
• Consistent income through annual rent
• Annual CPI rent adjustment
• Gross rent circa 6-6.5%
• Priced from $252,000

Investment options start from $252,000, and investors have the option to purchase multiple apartments across Auckland (Parnell & Ellerslie) and Wellington. Investors can enjoy consistent monthly income for up to 30 years and market rent reviews every 5 years.

With international travel on the rebound, now is the time to invest in the accommodation sector. Enquire now.

 

Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
 

#wesellbusinesses #accommodation #auckland #wellington
 

 
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Timestamp: 20240507044502

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Last updated: 7th May 2024

Summary

Property Type
Business
Contract Type
For Sale
Location
 Auckland Central
State
 Auckland
Price
$252,000
Category
  • Motel/Hotel

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Agency

LINK | Auckland - Ellerslie

LINK | Auckland - Ellerslie

Contact

Lindsay Sandes