Colliers has been exclusively appointed to market for sale of this excellent solid entry level investment.
Key Features:
- Returning gross income of $11,730 + GST (whether studio apartment occupied or not)
- 15 year initial lease term plus rights of renewals
- Studio Unit within Ramada Suites Manukau
- 10 days per year use at no charge to owner or their nominated party
- Fixed rental increase of 2% annually and to market on renewals
- Prime location to access SH 1, SH 20 and main arterial routes
- Buy 1, 2 or 3 studio units - vendor divesting due to personal reasons
- Sole Agency
Built in 2019, Ramada Suites Manukau offers stylish within the heart of Manukau. Situated just 4 minutes’ drive from the Westfield Shopping Centre and within easy access to public transportation.
Manukau is the largest and most established of Auckland’s nodes outside of the city centre. Its civic, retail, education and cultural facilities provide for the wider population of rural and urban areas to the north, west and east but particularly the south.
Please contact the Sole Agents for more information or to arrange a viewing:
Michelle Wang
021 078 4136
Janet Marshall
021 684 775
Features:
* Returning $8,811.81 net p.a. + GST
* Small size entry-level investment
* Conveniently located near SH1, SH20 and main arterials