Safari Group (NZ) Ltd is pleased to present another unique property development – Ramada Suites Manukau superbly located in Auckland, New Zealand.
With construction due to commence in October 2017, Ramada Suites Manukau comprises 85 serviced apartment suites and 67 residential apartments, complimented by 311m2 of prime retail suites. To ensure maximum returns to investors and flexibility for the operator to drive revenue, some of the units are designed to provide dual key options.
The project is due to begin construction in October 2017.
Safari Group (NZ) Ltd is offering the opportunity to purchase 85 serviced apartments, 67 residential apartments and 311m2 of prime retail space. This property will be branded and franchised by the Wyndham Hotel Group, the world’s largest hotel group, under the Ramada brand. We offer investors the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years, with up to 6.96% guaranteed gross return (including free-stay allocation) with fixed annual rental increases from the end of year 3. Returns are secured by a commercial lease and commercial guarantees.
Ramada Suites Manukau presents superbly appointed apartments offering the highest level of quality, service and surroundings, which only a few discerning investors will have the privilege of owning.