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.
For more information, please contact us.
Ramada Suites in Christchurch has been operating well with its contemporary look contributing to the development of the city.