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Affinity on King, Whakatane

Affinity on King 20-22 King Street

$599,000 Plus GST (if any)

Affinity on King, Whakatane
  • Affinity on King, Whakatane

About the business

Extremely well located - High quality units are an excellent investment!

Age:
Due to open 2012 - Fully consented for immediate build


Approximate Yield:
73% + occupancy


Lease
:
30 years


Number of Rooms:

20


Configuration:

10 units on ground floor and 10 on top floor. Consist of 14 Studio units (King beds) and 6 one bedroom units with full kitchens. 7 units with spa baths. Total pax 56


Owner's Accommodation:
2 storey, 3 generously sized bedrooms with 2 bathrooms and separate toilet. Master bedroom has en-suite as well as walk in dressing room. Bottom level consists of reception/office area, kitchen and lounge. Internal access provided by way of managers 2 car garage. Private fenced, cobblestone courtyard.


Features:

Extremely well located on prominent easy access corner site. Closes motel to the hospital with Pak 'N' Save only 30 second walk away. Close to all amenities. Affinity name branding for exclusivity.

Fantastic location in New Zealands sunshine capital. Population swells to more than 5 times over the holiday period.

Whakatane has an acknowledged shortage of quality accommodation. These 2 storey, high quality units are an excellent investment. There are 20 spacious units with a large, 3 bedroom Manager's residence.


Contact:

Please call the Vendor's Sole Agent Gordon Fridge on 0274 736 291 or email gord@resortbrokers.co.nz

View more details at Resort Brokers

Location


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Gordon Fridge
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Listing Number 939

Listed 29 Jun 2011   350 Views

Agents Details

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Gordon Fridge
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