Ramada Residential Dual Key Apartments


123 Taranaki Street, Te Aro

Offers/Enquiries Over NZD $868,500

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Ramada Residential Dual Key Apartments | 123 Taranaki Street, Te Aro | 3301312 |      X Close
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Ramada Residential Dual Key Apartments


Bayleys is pleased to present another unique property development by Safari Group - Ramada Hotel and Suites located in the heart of Wellington.

The 5th and 6th floors of the building offer a limited number of residential/private use apartments (1, 2 and 3 bedroom options available).

Conveniently located within a comfortable walking distance to Wellington CBD for your to and from stroll to work each day. Take pleasure in many of Wellington's best shops, cafes, restaurants and bars also being closely nearby.

The development is comprised of 123 freehold units (93 managed hotel units and 30 residential units).

β€’1BRM Residential apartments from $498,200

β€’2BRM Residential apartments from $868,500

β€’3BRM Residential apartments from $1,100,000

The developer (Safari Group) has a proven track record of delivering excellent quality developments in a timely manner throughout New Zealand including hotels and apartments in Auckland, Wellington, and Queenstown.

The building at 123 Taranaki Street will be branded by Wyndham Hotel Group, the world's largest hotel group and most diverse hotel company.

The architecturally superior apartments found on the top floors come fitted with European white-ware and additional furniture packages are available to help you maximise a creative use of space while adding a contemporary touch.

To secure a residential or hotel investment option a 10% deposit is required with the balance of the purchase price payable upon completion (approx. late 2020/early 2021).

HOTEL INVESTMENT INFORMATION

β€’Lease term: 30 years based on 15+5+5+5 years

β€’Guaranteed gross return paid directly into your bank account on a monthly basis

β€’2% annual rental increase after year 3

β€’10 days free stay p.a

β€’Commercial guarantee on rental

β€’1BRM units priced from NZ$255,238 + GST (if any)

This is your chance to take ownership of luxury real estate with world class living. For more information (including the hotel investment pack) and or to arrange a site viewing, please make contact today.