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
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