Your Chance to Achieve Better Retail Yields

Unit 7, 24, Hawthorne Drive, Town Centre, Queenstown-Lakes

$1,690,000

Proposed Usage
Retail
Floor Area
156.00 m²
Description:
Property ID
1c02rk1

Sick and tired of paying Auckland yields? This is your opportunity to obtain an affordable, split-risk, retail investment. The developers are onto other projects and are selling by auction. Do not miss your opportunity!

This stratum-in-freehold unit is returning $89,110 pa net on two individual leases for 5 & 6 years respectively with built in rental growth.

Built as part of the Ramada Remarkables Park development and currently leased to Street Wise Finance Ltd (Loan Market) and John Audley Bowbyes (Queenstown Eye) this is your opportunity to invest in a newly completed mixed use development in the stunning high-profile location of Queenstown.

This ground breaking new area is set to expand the $32 billion city of Queenstown which is currently bursting at the seams. There is so much activity and excitement here, and you have a small window of opportunity to secure your slice of the pie.

For sale by Auction to be sold 23 November 2017 (Unless sold prior), if you are looking for investment property in an unrivalled international destination look no further, contact Ellie or Richard today to secure your future in beautiful Queenstown.

+ Newly completed mixed use development with 100% IEP rating
+ Below a Ramada Hotel
+ Located in a high-profile location of stunning Queenstown
+ Huge Tourism and population growth area
+ Built in rental growth
+ Returning $52,550 & $36,500 pa net respectively


Enquire about this property

Town Centre Area