$197,012

This stylish hotel room apartment is at the popular Ramada Hotel in Newmarket. It is well-managed and well-maintained and offers a straightforward investment opportunity in the heart of Manukau City.• Fully furnished, Stratum in Freehold (Unit) Title• 45m² Studio Room with kitchenette, ensuite and laundry facilities• Lease term: 30 years (15+5+5+5 commercial lease) - Lease commenced in 2019.• $18,500 plus GST annual income with 2% annual increases from year 3• 10 days free owner use per annumThis unit comes fully furnished with 10 days of owner usage per annum and guaranteed returns.This complex has proved popular with visitors and offers an affordable investment opportunity with the option to enjoy your holiday stays in paradise. It will be sold fully furnished with quality chattels, fixtures, and fittings and on a + GST (if any) basis.

Amenities

• Bedrooms: 1
• Full Bathrooms: 1
• Partial Bathrooms: 0
• Property Type: Single Family
• Home size: 0 ft² / 0.00 m²
• MLS: 895229
• Web ID: FGPAQ5
• Status: Active

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