Prime Investment Opportunity - Ramada Suites, Chch

Property files available for download here: https://filefling.co.nz/property/201-268tuams0

Seize this exceptional investment opportunity in the Ramada Suites Complex, directly across from the new Christchurch Stadium. This prime property offers a secure, long-term investment with strong returns in the heart of the city.

Unit 201 - A spacious 44sqm one-bedroom apartment, positioned on the northern corner of the second floor, offering views of Tuam Street, the Stadium, and the city. Auxiliary Unit 14 - A designated car park, adding extra value and convenience.

Situated in the heart of the city, this apartment is within walking distance to popular cafes, top restaurants, bars, and retail spots, making it an attractive choice for both business and leisure travelers. With the Christchurch Stadium set to attract international sports teams, major entertainment, and an influx of visitors, demand for high-quality accommodation in this prime location is set to soar-boosting occupancy rates and increasing your bottom line.

With Ramada Hotel as the primary tenant, this investment offers a hassle-free ownership experience. Enjoy the benefits of a well-maintained, professionally managed hotel while securing steady passive income for years to come. As a bonus, owners enjoy 5 nights of free accommodation per year (T&Cs apply).

To give an overview of the returns:
- Annual Gross Income: $23,946.48 ($1995.54/month)
- Body Corporate fees: $3,965.13
- Rates: $2,106.87
- Net Income: $17,874.48

Call Cara or Murray today and take advantage of this incredible opportunity!

*Please be aware that this information may have been sourced from third parties including Smarts/ Core Logic / Land Information New Zealand / Regional Councils/ CERA, owners, and other sources, and we have not been able to independently verify the accuracy of the same. Land and Floor area measurements are approximate and boundary lines are indicative only.