INVESTMENT

Ideal for investors who are looking for an investment property that has a reputable commercial tenant and a gross return of up to 8.1% (including 14 day free-stay bonus) with fixed growth throughout the lease term. The pricing of the apartments at Quest Taupo start from $159,000 + GST if any. This is a low entry level price which gives traditional residential investors the opportunity to take advantage of the commercial landlord benefits below.

KEY LEASE TERMS

Term: 30 years based on 15 + 5 + 5 + 5
Initial rent per unit: Ranging from $10,908 to $14,339 gross plus GST if any plus added value of $1,960 - $2,660 for free-stay use
Reviews: 2% (compounding) increase starting from year 4 and market review on renewals
Return: Up to 8.1% gross (see pricing schedule)
Price per title: From $159,000 + GST if any (see pricing schedule)

KEY BENEFITS

  • As a Quest franchisee, the tenant is part of Australasia's most succesful network of serviced apartments and proven business model (Quest Serviced Apartments (NZ) Limited franchise)
  • Continuity of income
  • Up to 8.1% guaranteed return with annual rent increase after year 3 paid directly into your bank account on a monthly basis at 2% per annum guaranteed growth
  • Is a 30 year commercial guarantee on rental not a rental guarantee (see FAQ)
  • The rent cannot go down as there is a ratchet clause in the lease agreement
  • Great entry level pricing for investors looking for property with a long term lease in place
  • A hands off investment where no owner input needed