Welcome to Ramada Suites Tuam Street

An excellent investment opportunity!

Ramada Suites Tuam Street is a fully managed boutique 4 star development located at 264 - 266 Tuam Street, in Christchurch, New Zealand. This development is constructed by Safari Group (NZ) Ltd and be tenanted by Tuam Hotel Limited Liability Partnership, a franchisee of Wyndham Vacation Resorts Asia Pacific Pty Ltd

The building comprises 44 furnished units, including a mixture of studios, one and two bedroom units. There are 26 car parks, an office and reception area with common and storage areas, along with 4 Penthouse residential apartments on level 5, and a retail cafe outlet on the ground level adjoining the reception. Construction started in August 2013 with completion in December 2014.

Safari Group (NZ) Ltd is offering the opportunity to purchase these investment units for a lease period of 30 years at up to a 7.5% gross return.

CLICK HERE TO VIEW VIDEO
CLICK HERE TO VIEW OUR NEWSLETTERS


Important facts
  • Term: 30 years based on 15 years + 5 years + 5 years + 5 years
  • As a Ramada franchisee, we are backed by a franchisor that is one of the world’s largest and most successful hotel operators
  • 7.5% gross 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)
  • 5 days free use per annum for owners

For more information, please contact us.

 

 

 

Latest News

2017
Ramada Suites Tuam Street

Ramada Suites in Christchurch has been operating well with its contemporary look contributing to the development of the city.