Safari Group is pleased to present another unique property development – Ramada Remarkables Hotel located in the beautiful surroundings of Queenstown, with stunning views of the Remarkables Mountains.
Ramada Remarkables Hotel comprises 54 furnished units with 56 car parks and 5 retail units on the ground floor which includes Columbus Coffee. To ensure maximum returns to investors and flexibility for the operator to drive revenue, the units are designed to provide dual key options.
The project is due to begin construction in early 2015 for completion in June 2016.
Safari Group is offering the limited opportunity to purchase 54 freehold investment apartments at Ramada Remarkables Hotel. This property will be branded and franchised by the Wyndham Hotel Group, the world’s largest hotel group, under the Ramada brand. We offer investors the opportunity of a commercial lease to the Ramada franchisee for a maximum term of 30 years, with up to 7.4% guaranteed gross return (including free-stay allocation) with fixed annual rental increases from the end of year 3. Returns are secured by a commercial lease and commercial guarantees.
Ramada Remarkables Hotel – Queenstown presents superbly appointed apartments offering the highest level of quality, service and surroundings, which only a few discerning investors will have the privilege of owning.