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005/18 Mountain Ash Drive , Frankton, Queenstown

Guaranteed Rental Income for up to 25 Years *

dollar

Negotiation

Apartment
Studio
Bedroom
1
Bathroom
1
Floor area
22m2
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Property details

Listing # 005LQ | Listed on 27 May 2024

Enjoy owning this architecturally designed Luxury Hotel Room with great location just minutes from Queenstown Airport and The Remarkables Ski Field access road and more Fitted with contemporary furnishings, premium floor coverings, individually controlled air-conditioning, LED television, tea and coffee facilities and a shower en-suite - LQ hotel rooms have been designed with comfort in mind. Built by Safari Group in 2020, the La Quinta by Wyndham in Remarkables Park, offers exquisite accommodation and is perfectly positioned in the heart of Frankton.

The location of this ground floor room allows views of the Remarkables Mountain Range and with experienced  hotel operators in place, you can be assured your investment is well managed.

Perfect for business trips or holiday vacations this high yielding high performance investment has a guaranteed income as part of the lease agreement with La Quinta by Wyndham. Fully furnished, Stratum in Freehold (Unit) Title  Hotel Room with tea and coffee making facilities

Unlimited free Wi-Fi for guests 

Free guest complimentary Parking

Free Access to Gym facilities

Lease term: 30 years (15+5+5+5

commercial lease) -  Guaranteed annual income with 2% annual increases from year 3

Current Rental income $315pw

The independently owned and operated Frank's Market for your food and beverage requirements is on site and the hotel is located just three minutes' drive from Queenstown Airport and only 15 minutes from central Queenstown.10 days free owner use per annum.

With guaranteed returns at this level, this is an investment opportunity not to be missed . Make an offer








 

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