PROPERTY OVERVIEW

Identified by Quest Serviced Apartments (NZ) Limited as a key strategic site Quest Thorndon 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 four 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 15 onsite car parks and the retail unit complements the development. The 36 units have been unit titled to make a total of 36 freehold titles comprising a mix of studios, one bedroom units, and the office/reception.

Construction will begin in September 2013 and is expected to be completed by April 2014.