Quest Tauranga comprises 39 furnished units, being a mixture of studios and one bedroom units. These units are designed to meet the client’s needs of Quest Serviced Apartments. Safari Group (NZ) Ltd is offering the limited opportunity to purchase one of 18 freehold investment apartments remaining at Quest Tauranga.
We offer investors the opportunity of a commercial lease to the Quest franchisee for a maximum term of 30 years, with a guaranteed gross return of up to 7.4% and with fixed annual rental increases from the end of year 3. Returns are secured by a commercial lease.
GENERAL FACTS ON YOUR INVESTMENT:
- Term: 30 years based on 15 + 5 + 5 + 5 years
- A lessee with a proven track record throughout Australasia for the last 20 years
- A guaranteed gross return of up to 7.4% paid directly into your bank account on a monthly basis
- A 2% annual rental increase after year 3
- A commercial guarantee on rental
- Priced from NZ$235,000