Safari Group NZ Director talks about Ramada on Federal St, Auckland

New Zealand Property Podcast: Episode 34

09-Feb-2015 Mark Honeybone | Property Ventures


New Zealand Property Podcast: Episode 34

The Director of Safari Group NZ talks about the new Ramada on Federal St, Auckland Opportunity

Welcome to the first Podcast of 2015, we have done things a little differently for this first podcast as we are talking to a developent group about their very interesting projects. 

The Safari Group (NZ) Limited is a well established and forward thinking Property Development & Construction Company. 
The Company was founded in 1996, and since 2003 the founders have integrated their construction focus and expertise into the development of their own projects and projects like the Ramada Auckland, Christchurch and Queenstown investment opportunities. This small proficient team provides expertise in not only finding exciting projects, but making sure that they convert effectively from the initial conception stage through to development and completion, whereby providing acceptable returns. Ramada on Federal Street, Auckland
Property Ventures and Safari Group New Zealand Limited are pleased to present yet another unique property development located in Auckland's CBD. This building has been specifically designed to meet Ramada Suites' criteria. It comprises of 42 furnished units (being a mixture of studios and one bedroom units, two bedroom units along with one title for the office/reception area. 
The general Lease terms are: 

  • 30 Years based on 15 + 5 + 5 + 5 years; 
  • Up to a 6.9% guaranteed gross return with annual rent increase after year 3 paid directly into your bank account on a monthly basis at 2% per annum guaranteed growth; 
  • Has a 30 year commercial guarantee on rental
  • 10 day free use per annum for owners

Ramada is an international hotel group which will undertake the commercial lease and administration of these developments which will join Wyndham Hotel Group's portfolio of more than 7300 hotels across six continents. 
Property Ventures are proud to present this exciting opportunity of listing these Ramada Federal street apartments for sale. We will be holding an official presentation on these exciting opportunities with the ability to purchase these freehold apartments on Thursday 26th February at 6.30pm in our new offices level 6, 135 Broadway Newmarket. 
Please contact us info@propertyventures.co.nz to register your interest. Or call Mark 09 522 7963 or 021 402 990.

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Disclaimer: Property Ventures Real Estate is not a financial advisor. The New Zealand Property Podcast is intended for educational purposes only. Any opinions expressed in these podcasts may not match the opinion of Property Ventures. You are always recommended to conduct your own independent due diligence before making any investment decisions.


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