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
Body Corp
QLDC: $4,098.40 per annum / ORC: $250.37 per annum
$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
Colliers Otago
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