Add to Watchlist
Please register your interest on this listing, on the 'Documents Tab' tab.

Property Ref: 71816

Handsfree Investment Opportunity in Wellington Central

Property Type: Investment Opportunities, Managed Investment Property

Sale Type: Freehold Investment

Region: Wellington

Physical Address: 217-123 Taranaki Street, Te Aro, Wellington 6011

Price: Freehold Investment - Offers Over $350,000.00

Broker: Suresh Subramaniam

Mobile: +64 (0) 22 690 6475

Email: suresh@tourismproperties.com

A fantastic investment opportunity at the Ramada Hotel and Suites Wellington, located on a major thoroughfare leading to Wellington International Airport, at the intersection of Taranaki and Vivian Street, centrally placed in the thriving capital city of New Zealand. The hotel is ideally situated in the city’s center, close to eateries, cafes, retail establishments, and entertainment venues.

Key Information:

  • Offers over $350,000.00
  • An upscale one-bedroom furnished Hotel apartment
  • Income continuity
  • An international franchisee with a proven track record
  • Up to 6% guaranteed return with annual rent increase after year 3 paid directly into your bank account
  • 2% annual rental increase after year 3 (July 2024)
  • Term: 30 years based on 15 + 5 + 5 + 5 years
  • 10 days free use per annum for owners
  • A commercial guarantee on rental of $20,500 plus GST p.a,
  • Body corporate $938.76 p.a,
  • Insurance $2,739.98 p.a,
  • WCC Rates $5,023.75p.a,
  • A hassle-free investment with very little owner input

Smart investing starts here as opportunities like this do not come often. Call us now as this will sell fast!

Please register on our website, navigate to the Documents tab on this listing, and request access to the confidential information therein, thank you.

Confidential Documents

Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.

Become a Registered User:

To gain access and download full confidential individual files on businesses for sale on this website, you must first be a registered user, and have ticked the box that you agree to the strict terms and conditions of the confidentiality agreement, provided by TourismProperties.com.
This is a simple two-minute process, which you can complete by selecting ‘Register’ at the top right hand of your device now.

If you are already registered with us:

You can request full access to this listing’s confidential files by:

  1. Logging in with your existing user name (your email used to register) and your password, then by
  2. Locating the listing you are interested in viewing Listing Files, then
  3. Navigating to the ‘Documents‘ tab, of the listing you are interested in, and
  4. Selecting ‘Request Access‘ to the confidential information here within.

We will quickly respond confirming your approval.
When you are emailed your ‘access approval’ notification, you need to be logged in to our website, in order to view and/or download the confidential files, which are located in your ‘Document Library‘.
If you are already logged in now:
Simply register your interest here, by navigating to the ‘Documents‘ tab, and selecting ‘Request Access‘ to the confidential information here within, and Adrian will come back to you by email with your access notification.

 

Property Details

Property Type

Investment Opportunities
Managed Investment Property

Sale Type

Freehold Investment

Region

Wellington

Physical Address

217-123 Taranaki Street, Te Aro, Wellington 6011

Price

Freehold Investment - Offers Over $350,000.00

Contact Agents

Suresh Subramaniam

Tourism, Hospitality and Leisure Business Broker
Wellington & Lower North Island
International: +64 (0) 22 690 6475
NZ Mobile: 022 690 6475

Email: suresh@tourismproperties.com

VIEW OTHER LISTINGS

Sign up for tourism real estate news