Looking For A 6% Return Investment?

SOLD - This listing was sold in November 2019
This is it! Ramada is a large multinational hotel chain owned by Wyndham Worldwide. They operate more than 800 hotels across 63 countries under the Ramada brand.
Ramada Manukau is located at Central Manukau; close to Vodafone Events Centre and Rainbow's End. This hotel room is freehold and you can buy and sell it without restrictions. The first three years rental is $11,500 per annum and increasing by 2% annually after year three. With the asking price only $199,000, you can get approx 6% return yearly, which is a really good investment.

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Main Property Features

Listing Number: NE180608

Approx Floor Area:
21 sqm
Property Type:
Apartment
Tenure:
Stratum in freehold
Property condition:
New
Joinery:
Aluminium
Flooring:
Carpet
Window coverings:
Drapes
Chattels remaining:
Fixed floor coverings, Light fittings, Curtains
Main bedroom:
Double
Main bathroom:
Separate shower
Views:
Urban
Aspect:
North
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to shops, Close to transport
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Licensed REAA 2008

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Harcourts Hobsonville

Cooper & Co Real Estate Ltd

Licensed REAA 2008

1 Wiseley Rd
Hobsonville
Auckland
Office website or View office details

Property Location