18 Mountain Ash Drive, Frankton, Queenstowns-Lakes, Otago, 9300, New Zealand
Designed and delivered by Safari Group, located at the foot of the Remarkables and completed in December 2020, not only does the LQ deliver contemporary accommodation in a stunning alpine setting, but under the expert management of the world’s largest hotel group – Wyndham, you can rest assured your investment is in the safest possible hands.
Each architecturally designed studio apartment is superbly finished and is fitted with contemporary furnishings, premium floor coverings, individually controlled air-conditioning, LED television, quality European kitchen appliances and washing machine/dryer.
Positioned on level 2 with superb views up to the Remarkables, Suite 208 is a fully self-contained 30m2 Studio Apartment offering plenty of space for your weekend getaways while delivering guaranteed income as part of the lease agreement with Wyndham.
Fully furnished, Freehold Unit Title
30m2 Deluxe Hotel Suite with kitchenette and ensuite
Lease term: 30 years based on 15+5+5+5 commercial lease
$18,000 plus GST annual income with 2% annual increase from year 3 (currently reduced due to Covid)
10 days free use per annum
The LQ by Wyndham is a 4-star hotel just 4 min from Queenstown Airport and right next door to the Remarkables Park Shopping Centre. Hotel Amenities include reception and concierge services, lobby lounge and café, convenience store, gymnasium, ski storage, mountain transport, free parking and free wi-fi.
