Have you ever dreamt of getting into the commercial market? How about having some where in the Marlborough Sounds that you can escape to? This property offers both, and at a very reasonable price.
The ownership of this en-suited one bedroom unit located in the Portage Hotel Complex and carefully managed under the THC group umbrella is up for grabs. No need to worry about your investment once you leave as it is immaculately presented to those who provide your commercial returns.
Portage is the hub of the Kenepuru Sounds, with an easy stroll over the hill into the Queen Charlotte Sound. Fishing and water sports, as well as hiking and biking the Queen Charlotte Track are just some of the many activities the area is renowned for.
Right now is a fantastic time to be investing in this area.
Step 1: Invest – Crowdfunding Campaign
Initially, investment properties are made available for crowdfunding. Each share always starts at $100.
Step 2: Earn – Net Rental Distributions
Get paid your share of Net Rental Distributions, as an Annual Dividend, directly to your bank account.
Step 3: Cash Out – Resale
Collect your share of proceeds at auction. Upon 3 years from the Crowdfunding Campaign, we intend to facilitate a real-life auction where each Shareholder will receive a proportional share of any sale proceeds in relation to each shareholding, plus return of capital, depending on what the property sells for at auction.
This is a rare opportunity to own a ground floor retail unit in bustling Orewa, just 350m from the Beach. 33G Florence Ave has offered the current owner fantastic returns over the past 9 years with the long term tenant providing a net return of $46,560 p.a.