We have clear instructions from our motivated owner that after many years of holidays at Hotel St Moritz, she is ready to move on and this ground floor 'Garden View Suite' must be SOLD!
Generating stronger returns than some comparable properties, investors enjoy pooled income and approx. net returns of 7% for the last two years, alongside 14 days owner use per year. You have ample time to enjoy all that Queenstown has to offer across the seasons. Whether you want to come here in winter for a skiing holiday, see the autumn colours or dine in the many restaurants, cafes and bars, the St Moritz is conveniently located just a short walk from the town centre.
When you have tired of all the activities that Queenstown offers, relax and unwind in the hotel sauna or hot tub, have a workout in the gym or dine in the Lombardi Restaurant and enjoy a meal prepared with seasonal local produce.
Your apartment is looked after for you and managed by the internationally-renowned Accor Group, who have proven occupancy and returns. Hotel St Moritz Queenstown has undergone a major refurbishment programme and all the costs have been paid for with this apartment, allowing you to fully benefit from the increasing net revenue stream.
FOR SALE: $560,000 + GST (if any), Call now for more details.
Please follow the link for the 3D Walk through of Apt 135, Hotel St Moritz, Queenstown: my.matterport.com/show/?m=Ljc9KRDiLg9
Buyers note: This property is rated 'Commercial-Accom' which allows for any overseas purchaser to buy without restriction.