Beds
Our vendor is determined to sell this Hassle-Free and hands off investment.
Look no further than this stylish Ramada Suite in Albany. Generating a monthly return of $1265 paid directly into your bank account on a monthly basis , (Note: annual 2% rental increase due on April 1st, 2023). In the meantime, with a lease term of 30 years (15+5+5+5) with Ramada Albany from April 1st, 2017, you have the long-term stability and profitability.
Not owner occupied, but 10 days free use per annum for owners, what a perfect combination for investors who can have the cash in the bank account monthly and a relax holiday stay at the same time.
Conveniently located in the heart of Albany, surrounded by bustling cafes, restaurants, bars, and retail and business centres, this investment is perfectly positioned for success. Close to the Albany bus station, motorway access, North Harbour Stadium, Albany Tennis Park and numerous walking trails and bush reserves, it offers convenience and potential for growth.
Don't miss out on this chance to invest in the thriving Albany area. Contact us now to learn more!
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 3 | 2 | -m2 | Year 2024 Month 06 Day 21 | $828,000 | Council approved | |
 | 0.47 km | 2 | 1 | 0m2 | Year 2024 Month 06 Day 11 | $605,000 | Council approved | |
0.08 km | 2 | 1 | 76m2 | Year 2024 Month 06 Day 09 | $725,000 | Council approved | ||
0.08 km | 2 | 1 | 57m2 | Year 2024 Month 04 Day 18 | $688,000 | Council approved | ||
0.40 km | 5 | 5 | 390m2 | Year 2024 Month 03 Day 21 | $2,210,000 | Council approved |