Managed Apartment Opportunity | Consistent Income
Listing: #EL03636Lindsay Sandes
Broker | Auckland - Ellerslie

About this Freehold for sale in Auckland City
Managed Apartment Opportunity | Consistent IncomeAre you considering investing in a managed apartment opportunity? If so, Safari Group may be the perfect choice for you.
Safari Group is a reputable property developer and operator based in New Zealand, known for identifying and pursuing exceptional development opportunities that provide long-term value and uncompromising quality to investors.
Savvy investors can take advantage of Safari Group's key development investment options by purchasing into the hotel portfolio, which includes the following benefits:
- Ownership in a managed apartment hotel
- Use of the apartment on an agreed basis
- Consistent income through annual rent
- Annual CPI rent adjustment
- Gross rent circa 6-6.5%
- Priced from $252,000
Investment options start from $252,000, and investors have the option to purchase multiple apartments across Auckland (Parnell & Ellerslie) and Wellington. Investors can enjoy consistent monthly income for up to 30 years and market rent reviews every 5 years.
With international travel on the rebound, now is the time to invest in the accommodation sector. Enquire now.
Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #accommodation #auckland #wellington
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.