Property Description

Presenting an excellent investment opportunity at Ramada Hotel and Suites Wellington located in the heart of New Zealand's vibrant capital city.

More precisely situated on the corner of Taranaki & Vivian Street, on a main arterial route to Wellington International Airport. The hotel is well located in the heart of the central city with restaurants, cafes, shops and entertainment all within walking distance.

Built by Safari Group whom has a proven track record of delivering excellent quality developments throughout New Zealand.

Ramada Hotel branded and franchised by Wyndham Hotel Group, the world's largest hotel group and most diverse hotel company, encompassing more than 9,100 hotels and 844,800 rooms in 95 countries around the globe with the Ramada being part of the Group.

Offering investors the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years with $17,500 & $19,500 p.a guaranteed gross return (including 10 nights free-stay allocation p.a) and with fixed annual rental increases from the end of year 3 from the commencement date. Combining luxury real estate ownership with world class living, Ramada Hotel and Suites Wellington is the ideal place to invest.

Each stylish apartment is fitted with contemporary furnishings, premium floor coverings and quality European kitchen appliances. These architecturally superior apartments maximise the creative use of space partnered with an elegant, modern design.

KEY INVESTMENT INFORMATION
Term: 30 years based on 15 + 5 + 5 + 5 years, a franchisee with a proven international track record, guaranteed gross return paid monthly, 2% annual rental increase after year 3, 10 days free use per annum for owners, commercial guarantee on rental $19,500 and $17,500 plus GST p.a, Body corporate $2,646.72 and $2,815.56 p.a, insurance $3,145.07 and $3,345.68 p.a, WCC Rates $4,169.28 and $3,772.32 p.a