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Property Ref: 21151
Exceptional, Near New, Freehold Investment For Sale in Queenstown
Property Type: Investment Opportunities, Other Accommodation, Managed Investment Property, Commercial Real Estate
Sale Type: Urgent Deadline Sales, Freehold Investment
Physical Address: 35-41 Goldfield Heights, Queenstown, New Zealand
Price: FREEHOLD INVESTMENT FOR SALE, asking $7,400,000 (GST inclusive)
Broker: Adrian ChisholmMobile: +64 21 727 888
Strike Gold with this Investment Property in a Prime Location in Queenstown.
Near new 800m² accommodation complex ideal for employers, corporates or a family trust investment, currently showing 7.4% return on an investment of NZD $7.4M – registered valuation currently $8.4M, reflecting our vendors motivation to meet the market.
New to the market this unique purpose-built, accommodation complex, featuring 32 bedrooms and 16 bathrooms, is currently returning over NZD $10,000 per week!
- 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
- Priced to sell at NZD $1M below registered valuation – call now!
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.
Queenstown Investment is on the Market
Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.
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21151 | 315-41 Goldfield Heights Queenstown | IM: Information Memorandum
21151 | 315-41 Goldfield Heights Queenstown | Valuation Information
21151 | 315-41 Goldfield Heights Queenstown | LIM Report, dated Feb 2020
21151 | 315-41 Goldfield Heights Queenstown | Lease Information
21151 | 315-41 Goldfield Heights Queenstown | Title
21151 | 315-41 Goldfield Heights Queenstown | Floor Plan
21151 | 315-41 Goldfield Heights Queenstown | Building Specific Design Plans
21151 | 315-41 Goldfield Heights Queenstown | Consented Plans
21151 | 315-41 Goldfield Heights Queenstown | Landscaping Plan
Property TypeInvestment Opportunities
Managed Investment Property
Commercial Real Estate
Sale TypeUrgent Deadline Sales