Downtown Investment
As the company’s flagship property in New Zealand, Ramada Queenstown Central Hotel is perfectly positioned. This stylish and spacious apartment is fitted with contemporary furnishings, premium floor coverings and quality European kitchenette appliances. These architecturally superior suites maximise the creative use of space partnered with an elegant, modern design. Owners will enjoy 10 days free-stay use every year for the life of the lease, allowing enjoyment of both premium investment returns and the opportunity to experience this unique destination.
This apartment opportunity is ideal for investors who are looking for a reputable commercial tenant and a secure return with fixed growth throughout the lease term.
Just a five-minute walk from central Queenstown, with easy access to a variety of restaurants, bars, shopping, and a wide range of activities to enjoy during your free time.
• One bedroom, one-bathroom 27sqm apartment
• Convenient central city location
• 10 days free use per annum for owners
• Stratum in Freehold Unit title
• Hotel comprises 131 premium furnished apartments, gym, restaurant and conference facilities
Executive Summary
Address Unit 322 Ramada Hotel, 18 Frankton Road, Queenstown
Rates QLDC: $3,480.34 per annum | ORC: $274.88 per annum
Body Corp
$2,267.84 inclusive of GST per annum
CV $315,000
Floor Area 27sqm more or less
Land Area Unit Title
Built 2010 - 2019
Floor Coverings Carpet and tiles
Windows Double glazing
Hot Water Electric
Heating Heat pump
Insulation Walls and ceiling
Aspect West
Laundry Within bathroom
Views Town and mountains
Other Information
The following information is also available for this property - contact us for your copy.
• Body Corporate Information
• Title
• Rates
• Floor Plans
Queenstown
The town centre has extremely sought-after housing. There’s ample property within walking distance of town, with residences ranging from luxury apartments to family homes on high-value land and rental properties occupied by multiple tenants.
Prices in the town centre prove consistently strong, particularly properties with sought-after zoning and the ability to build more than one unit onsite. House prices remain largely immune to the area’s seasonal trends, with high tenancy demand and consistent returns.
RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT
TITLE
Search Copy
Identifier 893389
Land Registration District Otago
Date Issued 19 August 2019
Prior References 850924
Estate Stratum in Freehold
Legal Description Principal Unit 322 Deposited Plan 537304
Registered Owners Lin Hu
Supplementary Record Sheet 899547
The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet
Appurtenant hereto is a pedestrian right of way created by Easement Instrument 11488348.3 - 19.8.2019 at 4:34 pm
The easements created by Easement Instrument 11488348.3 are subject to Section 243 (a) Resource Management Act 1991
Meet our team.
Queenstown Residential
Fred Bramwell Director Sales Consultant 021 435 694
Brendan Quill Sales Consultant 021 416 785
Eoin Miles Sales Consultant 027 777 2006
Maria Wyndham Sales Consultant 021 997 522
Paula Gilmartin Sales Consultant 027 376 4395
Stephen Hebbend Sales Consultant 021 453 881
Zach Hylton
Sales Consultant
027 369 6805
Raylene McQueen Business Manager 021 045 0813
Candice Buchanan Sales Consultant 027 630 1283
Hugh Clark Sales Consultant 027 223 2997
Mei Chen Sales Consultant 022 075 9847
Poppy Jefferies Sales Consultant 022 043 9935
Vera Stewart Sales Consultant 021 059 6266
Anna Wang Sales Consultant 027 788 8696
Doug Reid
Sales Consultant 027 431 3278
Jesse Johnston Sales Consultant 027 733 7755
Nicole Bell Sales Consultant 021 898 326
Richie Heap Sales Consultant 021 500 815
Vicky Tomich Sales Consultant 021 0265 5092
Colliers Otago
Colliers Otago’s residential sales team provide leading property sales and marketing services with an established track record and unrivalled teamwork. We think global and act local, with strong regional knowledge and connections across all property sectors. Our residential team is focused on adding value to our clients’ investment decisions. We are market leaders in research, allowing a unique, knowledge-based approach to buying and selling. As the largest multi-service real estate professionals in Otago and Southland, we have specialists working in residential property, commercial sales and leasing, tourism brokerage, valuation and advisory. With offices in Queenstown, Wanaka, Cromwell and Dunedin, we can cater for your specific real estate requirements - strengthened by our national & international Colliers network.
Waiver of Liability
The information contained herein or otherwise in relation hereto is provided by Colliers and affiliated companies in their best judgement, in good faith and as far as possible based on data or sources which are believed to be reliable. The material contained herein is not intended to substitute for obtaining individual advice from a qualified professional person. Colliers, its officers, employees and agents expressly disclaim any liability and responsibility to any person whether a reader of this publication or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance whether wholly or partially upon the whole or any part of the contents of this publication. Therefore we record Colliers has used its best endeavours to ensure the information provided is true and accurate but Colliers does not accept any responsibility or liability in respect of any errors, inaccuracies or misstatements which may be contained in them. COPYRIGHT Colliers. All rights reserved. No part of this work may be reproduced or copied in any form or by any means (graphic, electronic or mechanical, including photocopying, recording, recording taping, or information retrieval systems) without the written permission of Colliers.
ANTI-MONEY LAUNDERING
Proving your identity when buying or selling a house
From 1 January 2019, real estate agents are required to verify the identity of their vendors in accordance with Anti-Money Laundering legislation. In some situations, real estate agents will also be required to verify the identity of purchasers. If your real estate agent cannot verify your identity in line with the legislation, they will not be able to act for you.
Identity verification can take days and sometimes weeks if a Trust or company is involved, or where parties reside overseas.
The below gives an indication of some of the documents your real estate agent may ask you to present in person or as a certified document as part of this process:
Individuals:
Passport, NZ Firearms Licence or NZ Drivers Licence with another document such as a bank statement or statement issued by a Government agency. You will also need to provide a document with your residential address (for example, a utility bill).
Trusts:
The Trust Deed and, for all trustees and settlors, the information required for individuals as noted above, together with information regarding the Trust’s source of funds or wealth. Additional information may also be required for beneficiaries and appointers.
Companies:
Details of the company, together with the information for individuals noted above for every individual with more than a 25% shareholding, all individuals with effective control of the company and all individuals acting on behalf of the company. Information regarding source of funds or wealth may also be required.
Note: The above list is not exhaustive and is indicative only. Your real estate agent will assist you with the specific requirements in relation to your situation.
DISCLAIMER: The material and information contained herein is for general information purposes only and is not intended to form professional legal advice. REINZ does not accept liability for any claim or other action that may arise directly or indirectly from the use of or reliance on the material and information provided herein. REINZ recommends you seek independent legal advice if you are unsure of your legal position.
