Ramada Newmarket - 5% Net Return

41 - 43 Gillies Avenue, Newmarket, Auckland
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
  • 41 - 43 Gillies Avenue, Newmarket, Auckland. Property Ventures Real Estate
NEW BUILD

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Price:
$232,145
Yield:
6.50%

Ramada Newmarket - 5% Net Return

Ramada Newmarket is an exceptional freehold opportunity, ideal for property investors looking for an excellent gross return of up to 6.5% per annum (including free-stay use) in a superb capital growth area.

These quality built hotel suites in Ramada Newmarket start from just $232,145, but just as attractive as the prices and yields is the fact the lease is commercially guaranteed meaning you can expect the following:

  • Lease Term: 30 years based on 15 + 5 + 5 + 5 years
  • A franchisee with a proven international track record
  • Up to 6.5% 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
  • A hands off, hassle free investment with minimal owner input required

Demand for the units is already very high given the low entry prices, exceptional yield and location. Situated within the prestigious Double Grammar Zone the Hotel units and apartments are expected to sell out very quickly so don't wait, or it will be too late!

Contact Hamish today to register your interest for this very popular investment. You can secure your apartment or hotel unit with a 10% deposit (New Zealand resident) or 20% (Non New Zealand resident). Construction is expected to begin around June 2018.







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