A Remarkable investment

Unit 8&9/24, Hawthorne Drive, Frankton, Queenstown-Lakes

Price On Application

Proposed Usage
Retail
Floor Area
190.00 m²
Description:
Property ID
1brvdtc

* One Investment of two units - with secured leases.
* Positioned in the heart of New Zealand's world renowned tourist location, Queenstown.
* Quality tenants of Loan Market and Eye Surgeon.

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JLL is pleased to present an investment opportunity in the Queenstown location of the world renowned hotel chain, Ramada.

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Brand new and modern Ramada Hotel Complex, recently finished construction.

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Lease summaries:
Unit eight (8) -- Loan Market
* Term: Six (6) years
* Net rental: $51,650 plus GST pa
* ROR: Two (2) further terms of three (3) years.

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Unit nine (9) -- Eye Surgeon
* Term: five (5) years
* Net rental: $36,550 plus GST pa
* ROR: Three (3) further terms of Three (3) years.

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Give us a call to talk about this newly constructed opportunity.

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Frankton Area