112/24 Frankton Road, Queenstown, Central Otago / Lakes District

112/24 Frankton Road, Queenstown, Central Otago / Lakes District Entry Level Investment Opportunity - Guaranteed Returns

Reduced Price. Guaranteed Returns. Architecturally designed lake-view studio apartment at Ramada Queenstown. This is an investment opportunity not to be overlooked. Our owners have naother project on the go and want to be sold before Christmas.

Beautifully finished and fitted with contemporary furnishings, premium floor coverings, individually controlled air-conditioning, LED television, modern kitchenette with stovetop, quality European kitchen appliances and washing machine/dryer - business or leisure stays here will be a breeze.

Designed and delivered by Safari Group in 2019, the Ramada Suites by Wyndham - Queenstown Central - offers contemporary accommodation and is perfectly positioned in the heart of Queenstown. The elevated location allows fabulous views that include Lake Wakatipu, The Remarkables Mountain Range, Walter Peak and many other parts of the iconic Central Otago landscape Queenstown is famous for. With experienced hotel operators in place, you can be assured your investment is well managed.

Positioned on level 1 with views up to the Remarkables, across Lake Wakatipu to Cecil and Walter Peaks, Room 113 is a fully self-contained 27m2 Lakeview Studio Apartment offering a contemporary space for your business trips or weekend getaways while delivering guaranteed income as part of the lease agreement with Ramada.

- Fully furnished, Stratum in Freehold (Unit) Title

- 27m2 Lakeview Studio Room with kitchenette, ensuite and laundry facilities

- Lease term: 30 years (15+5+5+5 commercial lease) - Lease commenced 2019.

- $18,870 plus GST annual income with 2% annual increases

- 10 days free owner use per annum

The Ramada Central is a 4-star hotel just minutes' walk from downtown Queenstown and the beautiful Queenstown Gardens. Hotel Amenities include reception and concierge services, lobby, eatery & bar, gymnasium, meeting & conference facilities, free wi-fi and paid parking available.

With guaranteed returns at this level, don't let this investment opportunity pass you by! Call Kate today for more information.