About this property
$19,000 gross income plus GST (including free-stay value)
Century21 Darrak Realty Ltd is pleased to offer another unique property development from renowned apartment developer Safari Group.
Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,200 properties across more than 80 countries, has announced the expansion of its portfolio in New Zealand in partnership with Safari Group, its long-term partner in the country with the signing of a new Ramada by Wyndham hotel in Wellington.
HOTEL Suites Priced from $283,810
RESIDENTIAL Apartments Priced from $498,200
Visitor Accommodation Priced from $360,000
(Please contact Ivan for more information on the VA)
Scheduled to open in late 2020, the brand-new Ramada Suites by Wyndham Taranaki Street, Wellington will mark the company's debut in Wellington, comprising of 93 furnished hotel units and 24 residential units and conference facilities in the heart of New Zealand's Capital City.
CURRENT IMPORTANT FACTS
* New Zealand has no stamp duty * There are no estate or death taxes
* There is no capital gains tax ( after 5 yrs) * New Zealand is a politically stable, peaceful nation
You can secure your Wyndham Taranaki apartment with a 10% deposit (New Zealand resident) or 20% (where the purchaser is not a New Zealand resident).
The Serviced Apartments will be branded and franchised by Wyndham Hotel Group, the world's largest hotel group, under the Ramada brand. We offer investors within the Serviced Apartment Hotel the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years with up to 6.93% guaranteed gross return (incl free-stay allocation) . Returns are secured by a commercial lease and commercial guarantees.
* Continuity of income
* Term: 30 years based on 15 + 5 + 5 + 5 years
* A franchisee with a proven international track record
* Up to 6.93% guaranteed gross return paid directly into your bank account on a monthly basis
* A 2% annual rental increase after year 3
* 10 days free use per annum for owners
* A commercial guarantee on rental
* Priced from NZ$255,238
* Great entry level pricing for investors looking for property with a long term lease in place
* A hands off, hassle free investment with minimal owner input required
First in first will buy. Call NOW