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105/24 Hawthorne Drive, Frankton, Central Otago / Lakes District, 1 Bedrooms, 1 Bathrooms, Apartment

$205,000

105/24 Hawthorne Drive, Frankton, Central Otago / Lakes District

1
1
28m2
ApartmentListed on Thu Aug 24
Near New3D Viewschool zone
$1,218/Monthly repayments
Based on estimate value
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Frankton 1 Bedroom Holiday Investment Opportunity

Ramada Suites by Wyndham Queenstown Remarkables Park is ideally located minutes from Queenstown Airport in sunny Frankton and only a short drive into the vibrant Queenstown CBD. Hit the slopes for winter skiing and snowboarding or mountain biking in summer while the Remarkables Park Town Centre which houses a wide range of shops, businesses and restaurants is on the doorstep of the hotel.

This investment opportunity is ideal for investors looking for guaranteed returns from a reputable tenant with fixed growth throughout the lease term. Apartment 105 is a stylish Studio Apartment fitted out with contemporary furnishings, premium floor coverings and quality kitchen and laundry appliances. Architecturally designed to maximise the north facing position with views directly toward Coronet Peak with an elegant, modern feel.

Owners enjoy 10 days free-stay use every year for the life of the lease, allowing enjoyment of both solid investment returns and the opportunity to experience this unique destination for business or pleasure trips.

Unit 105 features:

- Fully furnished by Ramada Hotel

- Studio Hotel Apartment with kitchenette and laundry facilities

- 10 days free use per annum

- Guaranteed income with 2% annual rent increases

- 30 year lease term commenced 2016 (15+5+5+5)

- Rent paid directly into your bank account on a monthly basis

- A hands-off, hassle-free investment with minimal owner input required

Hotel Amenities include reception, café, gym, ski storage, free parking and free wi-fi.

Price: $205,000 (+ GST if any)

An easy, entry level investment opportunity combining premium real estate ownership with world-class accommodation, Ramada Remarkables Park is the ideal place to invest. Call today for more information.

Location

Estimate update: 2024 06Data Disclaimer
Due to limited data samples, we are unable to provide estimating information for this property
Due to limited data samples, we are unable to provide estimating information for this property
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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remarkables Primary School
1.17 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
St Joseph's School (Queenstown)
6.39 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

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Ref:QT7608Last update:2024-03-15 15:16:20