Another excellent opportunity presented by Safari Group to buy a FREEHOLD Hotel Unit. Convenient location - walk to Vodafone Event Centre, Vector Wero Water Park, few minutes drive to Rainbows End, Manukau shopping malls, and for the travellers 15 mins to Auckland International Airport.
Studio Hotel Unit 21m² (approx) include 1 bathroom on second floor, Total Gross Income include 10 days Free stay Approx $12,850pa. Total Nett Income Approx $11,493pa. Body Corp $623.76pa. Asking price $238,000 plus GST if any(but zero rate, sales include the lease) under construction, will be completed November 2019.
The serviced apartment is ideal for investors who are looking for a HASSLE FREE INVESTMENT giving an annual return Gross up to approx 5.4% with fixed growth throughout the lease term of 15+5+5+5= 30years. 10 days free use per annum for owners. A commercial guarantee on rental not a rental guarantee. Don't miss this opportunity.