Investment Studio Orewa Beach Village

Auckland City

$370,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1bs5w92



Generous 46m2 fully furnished and equipped apartment in the iconic beach village complex The Nautilus Orewa. With Ramada branding and regular corporate and holiday guests this is an investment apartment well worth viewing. You can earn here and also have your own holiday stays as well.

The Nautilus Owners have won a $23m claim and have funds in the bank for a major re-clad repair that should get underway around September 2016. This means you have the protection of these funds and can buy at a value unlikely to be possible after these repairs are completed. Does mean that you will need to be a well funded buyer or with plenty of equity as the banks are cautious lenders here just at this moment. This also could be an opportunity you should not miss!

Viewings available on Wednesdays at 11am and on Saturdays at 2pm.
Ref: NL00013
Timestamp: 20170526054600

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