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Property Ref: 52803

Units at Radisson Park Inn Hotel for Sale in Lake Tekapo

Property Type: Investment Opportunities, Managed Investment Property, Leisure

Sale Type: Freehold Investment - Unit Title, Freehold Investment

Region: Canterbury

Physical Address: Lake Tekapo, New Zealand

Price: FREEHOLD INVESTMENT APARTMENTS FOR SALE, from only $399,000 +GST

Broker: Dilan De Silva

Mobile: +64 27 444 9692

Email: dilan@tourismproperties.com

Fixed 5-6% plus Return – Investment: Holiday and Income Units for Sale in Lake Tekapo

Price average $399,000 + GST (if any) for a single key unit

Price average $785,000 + GST (if any) for a dual key unit

A rare opportunity to own a premium investment in beautiful Lake Tekapo.

Single Key or Dual key Units

  • Luxurious architecturally designed Stratum Freehold Commercial Suites, built across two levels
  • Tekapo Sky development: Quality Precast construction Technology and design is delivered in every aspect
  • Highly specified throughout 66m2 (approx) Hotel apartment design comprises
  • One Bedroom with ensuite includes a spacious open-plan living  or add another Key for a Two-bedrooms and, a sophisticated layout
  • Living areas opens to an expansive balcony enjoying views of Tekapo and the surrounding mountains

Freehold in Stratum Unit Title. These titles will be issued within 10 working days following completion of construction and issuance of Council Code of Compliance, the vendor notifies the Purchaser that a search copy (as defined by Section 60 of the Land Transfer Act 2017) of record of title to the unit is available and copy delivered to purchasers’ solicitor, and confirmation that the vendor’s conditions have been satisfied.

KEY POINTS

  • 10 Days free owner use per year
  • 5%-6% by 3rd year on the purchase price.
  • A 15 Year Lease with reviews and CPI after the 3rd year.
  • Estimated completion December 2022
  • Designed by Award winning architects, Internationally Accredited Engineers: Structural, Hydraulic, Civil, Electrical & Mechanical
  • All units present the latest smart home technology
  • International Interior Designers
  • Reputable developer
  • Managed by Radisson and Branded a Park Inn and owners will be offered special access and discounts to hotel services
  • 2 hours and 50 minutes from the Christchurch International airport
  • Located en route between Christchurch and Queenstown
  • A domestic and local tourist hub and the town accommodated 94% occupancy in 2019/20

Project Details

  • 4 Star Park Inn Hotel by Radisson International Hotels
  • 112 Hotel Suites with a balcony 33m2. Dual Key 66 m2
  • Two levels of accommodation across two buildings, linked by an interconnecting pedestrian bridge
  • Core facilities include a hotel reception/lobby with an adjacent restaurant and bar with an outdoor courtyard, laundry facilities, and BOH areas
  • This 4 Star Hotel has been designed to cater for both the inbound tourist and Coach market – locally and internationally.

Development Status:

  • Resource consent obtained, Civil building Consent approved.
  • Working drawings for above ground Construction are currently underway
  • 10% initial deposit, 30 Day Due Diligence, Settlement on date of handover in 2022
  • Currently negotiating the construction agreement with one of the largest New Zealand construction companies that has expertise in this type of construction

For more information or to arrange your private viewing, please contact specialist Accommodation Business Broker, Dilan De Silva, on 027 444 9692 or email dilan@tourismproperties.com.


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52803 | Units and Radisson Park Inn Lake Tekapo | Company Profile

52803 | Units and Radisson Park Inn Lake Tekapo |Material

52803 | Units and Radisson Park Inn Lake Tekapo | Price List

52803 | Units and Radisson Park Inn Lake Tekapo | B1 First Floor Plan

52803 | Units and Radisson Park Inn Lake Tekapo | B1 Ground Floor Plan

52803 | Units and Radisson Park Inn Lake Tekapo | B2 First Floor Plan

52803 | Units and Radisson Park Inn Lake Tekapo | B2 Ground Floor Plan

52803 | Units and Radisson Park Inn Lake Tekapo | B1 First Floor Sketch

52803 | Units and Radisson Park Inn Lake Tekapo | B1 Ground Floor Sketch

52803 | Units and Radisson Park Inn Lake Tekapo | B2 First Floor Sketch

52803 | Units and Radisson Park Inn Lake Tekapo | B2 Ground Floor Sketch

52803 | Units and Radisson Park Inn Lake Tekapo | Bathroom

52803 | Units and Radisson Park Inn Lake Tekapo | Californian King

52803 | Units and Radisson Park Inn Lake Tekapo | Dual Key

52803 | Units and Radisson Park Inn Lake Tekapo | Furniture Schedule

52803 | Units and Radisson Park Inn Lake Tekapo | Two Double Bedroom

Property Details

Property Type

Investment Opportunities
Managed Investment Property
Leisure

Sale Type

Freehold Investment - Unit Title
Freehold Investment

Region

Canterbury

Physical Address

Lake Tekapo, New Zealand

Price

FREEHOLD INVESTMENT APARTMENTS FOR SALE, from only $399,000 +GST

Contact Agents

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Dilan De Silva

Tourism, Hospitality & Leisure Business Broker
Upper South Island
International: +64 27 444 9692
NZ Mobile: 027 444 9692

Email: dilan@tourismproperties.com

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COMMUNICATIONS MANAGER

English
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凯文 阎

亚洲联络顾问
奥克兰,基督城和皇后镇(新西兰),布里斯班(澳大利亚)和亚洲
国际电话: +64 27 726 8888
新西兰手机: 027 726 8888

电子邮件: kevin@tourismproperties.com

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