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.