Only 5 left to sell with an option to net a 5.00% return for 3 years!
A comprehensive car park building which has already commenced building, with completion 12 months away.
A development which will be comprised of residential and a commercial mix on 14,000m2 of land all within walking distance from Queenstown's airport terminal.
Enjoy the convenience of having a secure car park close to the airport with the bonus being a generously sized storage unit as part of the package.
Key facts to note:
• The developer behind the project is a Sydney based, boutique Private Equity firm, The Eights.
• CMP Construction, one of New Zealand's top 5 construction companies renowned for its excellence in building will bring the project to life
• A reputable company experienced in valet, security and site management will manage the carparks
• Freehold strata title
• The body corporate fee is estimated to be $700 per year
• Rates are expected to be around $250 per year
• The carparks are generous in size, a standard carpark is 2.4m in width, whereas these have a 3m width to cater for 4-wheel drives and small boats
• A trickle battery charger with individual metering which can be monitored from a mobile phone is available upon request for $2,760 plus GST
Secure your cheeky little bottom drawer investment now by following the steps below:
• Email agent now for a full information package
• Select your desired car park
• Complete the expression of interest form
• Place $5,000 deposit into vendor's solicitor's trust bank account
• A formal contract will be sent to your lawyer for execution
• The balance of deposit will be invoiced to you for payment once the paperwork is completed.
Features
1 bedroom
1 bathroom
directions_car1 carspace
18 m² floor area
cottageOther
Happy sellers in Frankton
86%
sentiment_very_satisfied
86% of sellers in Frankton reported that their sale price either exceeded or met their price expectations.
Frankton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 35 reviews in Frankton over the last 12 months.
Local market activity for 1 bedroom other properties in Frankton
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.