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Unit 11 (Door 003) LQ, 18 Mountain Ash Drive, Frankton, Queenstown

Managed studio apartment with fixed returns of 5%+

dollar

$225,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
28m2
Title type
Unit Title
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Property details

Listing # 67034223 | Listed on 1 May

Step into easy care investment property ownership in Queenstown. The La Quinta Hotel (LQ) is located in Remarkables Park, one of Queenstown's most active commercial growth areas. Just a short distance to Queenstown Airport and has all amenities right on the doorstep for guests including shopping, restaurants, walking and cycling tracks and much more. The property is fully furnished and has a wonderful welcoming reception area and an onsite cafe and gym. A change in owner circumstances means this property is priced to sell so enquire now for further information.


Key investment information:

  • Fully furnished 28sqm studio apartment
  • Commercial Guarantee: 30 years with review periods based on 15 + 5 + 5 + 5 years
  • A 2% annual rental increase
  • Consistent payments paid directly into your bank account on a monthly basis
  • A management franchise with a proven international track record
  • 10 days free use per annum for owners
  • Overseas buyers able to purchase

Price is plus GST (if any)

View ebook here: https://bit.ly/4jCsjBj

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Additional features

Style: South
Exterior Cladding: Patterned concrete exterior walls, schist cladding

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