PROPERTY OVERVIEW

Identified by Quest Serviced Apartments (NZ) Limited as a key strategic site Quest Beaumont was purchased by Safari Group with Quest Serviced Apartments (NZ) Limited committing to the 30 year based on 15 + 5 + 5 + 5 year commercial lease of the purpose built development.

The building incorporates five levels of units comprising ground floor office and retail with units on levels one to four. The ground floor also incorporates a reception area and office together with 2 onsite car parks and the retail unit complements the development. The 34 units have been unit titled to make a total of 34 freehold titles comprising a mix of studios, one bedroom units, and the office/reception.

Construction will begin in February 2012 and is expected to be completed by February 2013.