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118/9 Kaipiho Lane

Albany Auckland

1
1
35 m²
Apartment
Currently for sale - view listing

Overview

Generate Income Instantly

Investment Opportunity Secure a long-term, income-generating hotel investment in the heart of Albany. Located directly opposite the Albany Park & Ride bus station, Ramada Albany offers an attractive investment opportunity in one of Auckland's established commercial and business precincts. The property is surrounded by cafes, restaurants, retail, business centres and key transport links, providing excellent convenience for hotel guests and strong long-term investment appeal. Property Highlights One-bedroom fully furnished apartment, professionally managed by Ramada Albany Hotel Spacious bathroom with integrated laundry facilities Professionally managed under a long-term lease with Ramada Albany Hotel Monthly rental returns paid directly into your bank account 30-year lease term commencing in 2017, providing long-term investment stability Owners receive 10 days of complimentary accommodation per annum, allowing you to enjoy a stay while benefiting from the investment A low-maintenance investment with hotel management handling the day-to-day operation Prime Albany Location The property is ideally positioned close to some of Albany's most popular amenities and attractions, including: Albany Park & Ride bus station Westfield Albany AUT Millennium Massey University North Harbour Stadium and aquatic facilities Albany Tennis Park Motorway access Local cafes, restaurants, bars and retail Walking trails and nearby bush reserves A short drive to Browns Bay Beach With excellent transport connections, major educational institutions, sporting facilities and shopping destinations nearby, the location offers strong appeal for both business and leisure travellers. An Investment Worth Considering This is an opportunity to secure a professionally managed hotel investment with an established lease structure and regular rental income, while also enjoying complimentary accommodation each year. The vendor is highly motivated to sell, presenting an opportunity for a purchaser looking for a long-term investment in a sought-after Albany location. Please note: This property is offered as a hotel investment and is not suitable for residential owner-occupiers. Viewings are strictly by appointment and require a minimum of 48 hours notice. Contact Sid today to discuss the investment, rental returns and available viewing times. All prospective purchasers should undertake their own due diligence, obtain independent legal and professional advice, and satisfy themselves regarding all information supplied in connection with the marketing and sale of this property. Link to download Harcourt Property Files https://www.harcourtsfiles.co.nz/listings/D8PW

Features

1 bedroom
1 bathroom
35 m² floor area
Apartment

Happy sellers in Albany

78%
78% of sellers in Albany reported that their sale price either exceeded or met their price expectations.

Albany stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 95 reviews in Albany over the last 12 months.

Local market activity for 1 bedroom apartments in Albany

In the last 12 months, 17 one-bedroom apartments similar to 118/9 Kaipiho Lane, have been sold.

This represents a 70% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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