nzbizbuysell.co.nz/96183
Ad ID: 96183

Investors Dream Accommodation Property Business for Sale Queenstown

Purpose-built, near new, investors dream property with guaranteed income* For Sale In Queenstown, make an offer now!

Location:
Asking:
$7,400,000
URGENT SALE NEEDED, FREEHOLD INVESTMENT, $7.4mil GST INCLUSIVE!

Business for Sale Description

Investors Dream Accommodation Property Business for Sale Queenstown

Perfect Investment Property in a Prime Location in Queenstown

  • The vendor will guarantee the current monthly rental until the expiry of the current tenancy agreement (Nov 2021)*
  • Near new 800m² accommodation complex ideal for employers, corporates or even a family trust investment
  • Registered valuation of $8.4M available
  • Act Fast – call Adrian now!

This unique purpose-built, accommodation complex, featuring 32 bedrooms and 16 bathrooms, is currently returning over NZD $10,000 per week!

KEY FEATURES

  • Guaranteed Rental *
  • Freehold Property situated on a 2,000m² land title (approx.)
  • Purpose-built complex for Queenstown Accommodation
  • Designed as four pods, each pod is made up of 8 bedrooms & 4.5 bathrooms
  • Perfectly located half way between the Queenstown CBD and Queenstown Airport
  • Currently tenanted through until Nov 2021
  • Vacant possession is optional
  • The building is suitable for unit titling
  • Plus the property features 9 onsite car parks, with consent for more

Currently the 32 bedroom complex is leased to one tenant, and the lease continues through until November 2021 at a rent of $10,500 per week, or $546,000 per year.

The landlord’s opex (Operating expense) includes rates & insurance and a small amount of garden maintenance annually, amounting to approximately $16,000 per year.

As this is a residential complex and it is rented out as a residential property, the price is GST inclusive, no GST has ever been claimed.

There is a real opportunity here for the new owner to unit title the business, and put the 4 units into 4 unit titles, and claim the GST on the property.

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Adrian Chisholm, AREINZ, on 021 727 888 or email Adrian@tourismproperties.com.

Business Resources

If you would like to know more please view the full information on our website.

LINK: https://www.tourismproperties.co.nz/for-sale/investment-opportunities/21151/

Contact Broker: Adrian Chisholm

  • NZ Mobile: 021 727 888
  • Email: adrian@tourismproperties.com

Interested In This Opportunity?

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Tourism Properties.com
For more info
Contact: Adrian Chisholm

Adrian Chisholm

021727888
Tourism Properties.com
Licensed REAA 2008
Broker Ref: 21151

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