Livability & Lifestyle.
Apartment Types
Safari Group (NZ) Ltd is pleased to present another unique property development – LQ by Wyndham, superbly located in Ellerslie, Auckland.
LQ Ellerslie comprises 103 furnished hotel units and 177 residential units. Construction is in progress with completion due Q3 2023.
This property will be branded and franchised by Wyndham Hotel Group, the world’s largest hotel group, under the LQ Hotel brand. We offer investors the opportunity of a commercial lease to the Wyndham franchisee for a maximum term of 30 years with up to 6.5% guaranteed gross return (including free-stay allocation) and with fixed annual rental increases from the end of year 3. Returns are secured by a commercial lease and commercial guarantees.
Studio
From: $399,000
Body Corp & Rates Estimate for first year: $1,521
Annual gross rental estimate PA*: $28,080
1-Bedroom
From: $599,000
Body Corp & Rates Estimate for first year: $2,208
Annual gross rental estimate PA*: $32,500
2-Bedroom
From: $765,000
Body Corp & Rates Estimate for first year: $3,621
Annual gross rental estimate PA*: $47,320
Dual-Key
From: $930,000
Price inclusive of a car park space.
Body Corp & Rates Estimate for first year: $3,621
Annual gross rental estimate PA*: $60,580
* Estimate Rents PA based on Quinovic Rental Appraisal of a furnished apartment.
