SAFARI MIXED USE HOTEL DEVELOPMENTS - WWW.PROPERTYINVEST.NET.NZ WWW.SAFARIGROUP.CO.NZ - Property Invest
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SAFARI MIXED USE
HOTEL DEVELOPMENTS
WWW.PROPERTYINVEST.NET.NZ
WWW.SAFARIGROUP.CO.NZ
Welcome
Safari Group was founded by Robert Neil and Stephen Taylor in 1996, and since 2005 their
construction integrated focus and expertise has allowed them to complete many of their own
developments.
A group of businesses that has already weathered the economic downturn of the global
recession, now has its second generation of both the Neil’s and Taylor’s working alongside
Robert and Stephen.
Safari Group is dedicated to its developments and maintains a hands-on role from concept
through to completion by acting as the project managers, development managers. All
developments to date have been constructed by Safari Construction Limited.
All equity funding comes from within the Safari Group of Companies shareholders and this
allows Safari Group to live up to its motto of Value through Quality and Efficiency and deliver
premium properties to the market that we can all be proud of.
The following developments are currently under construction or within the development
phases: Ramada Hotel and Suites Victoria Street, Ramada Pacific Hotel and Suites Manukau,
Ramada Queenstown, Ramada Newmarket, Ramada Kawarau River Hotel and Suites
Queenstown, Ramada Wellington, T35 a 5 Star Hotel and Residential mixed use property in
Remarkables Park Queenstown.
2
Freehold Hotel Apartment Investments
The premium furnished apartments are ideal for investors who are looking for an investment property that has a reputable commercial tenant
and a secure return with fixed growth throughout the lease term. Safari Group offers investors the opportunity of a commercial lease to a
franchisee for a maximum term of 30 years with up to 7.5% 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.
KEY INVESTMENT INFORMATION: CURRENT IMPORTANT FACTS:
• Term: 30 years based on 15 + 5 + 5 + 5 years • New Zealand has no stamp duty
• A franchisee with a proven international track record • There are no capital gains or land tax
• Up to 7.5% guaranteed gross return paid directly into the investor’s bank account on • There are no estate or death taxes
a monthly basis • There are no wealth taxes
• A 2% annual increase after 3 years • There are no restrictions on foreign ownership
• Free use for owners (allocated per development) • There are no restrictions of re-selling
• A commercial guarantee on rental • New Zealand is a politically stable, peaceful nation
• Great entry level pricing for investors looking for property with a long term lease in place • There is no restriction of re-selling
• A hands off, hassle free investment with minimal owner input required • Hotel Units are exempt under the new non-resident purchase legislation
Residential Apartments:
Each architecturally designed apartment is superbly finished with a high level of quality
and attention to detail.
Purchasers have the choice of enjoying the apartment as an owner occupier or having the
unit managed as a residential investment property.
Enjoy the ultimate in modern living and convenience in your own personalised space, or
rent out the apartment to enjoy competitive rental returns.
Retail and Office Units
The mix of tenants are created to support both the hotel and residential apartments
3
Tryp Remarkables
Park Queenstown
Tryp Remarkables Park is located in the beautiful surroundings of
Queenstown, with stunning views of Lake Wakatipu and provides
easy access to all that Queenstown has to offer. Queenstown
is the adventure capital of New Zealand and is surrounded by
stunning scenery and outdoor attractions.
Tryp Remarkables Park Queenstown
• 64 Residential Units
• 147 Serviced Hotel Apartments
• Project Value: Approx. $120 million
• Construction Projected Start Date: Late 2020
• Projected Opening Date: Late 2021
Queenstown is located in the Southern Lakes District of New
Zealand, near the Southern Alps. Surrounding areas include
Arrowtown, Wanaka, Fiordland and Glenorchy, all of which are
popular tourism destinations.
Tryp Remarkables Park is two minutes’ drive from Queenstown
Airport and only seven minutes from the central city.
4
LQ Hotel Central
Park Greenlane
• 120 Residential Units
• 120 Serviced Hotel Apartments
• Project Value: Approx. $160million
• Construction Projected Start Date: Late 2020
• Projected Opening Date: 2022
Auckland is New Zealand's economic powerhouse and largest
city. Over 1.7 million people live in Auckland - over a third of New
Zealand’s population. Auckland is considered one of the world’s
most liveable cities, ranking third in the 2019 Quality of Living
survey conducted annually by the global HR consultants Mercer.
LQ Hotel Central Park Greenlane is superbly located - two minutes’
drive from the Southern Motorway and only fifteen minutes from
the central city.
5
Ramada Hotel and
Suites Wellington
Located at the Southern end of New Zealand’s North Island,
Wellington is surrounded by nature and offers a powerful
combination of culture, history, commerce and cuisine. This
buzzing and vibrant capital city welcomes tourists from all
around the world.
Ramada Hotel and Suites Wellington
• 24 Residential Units
• 93 Serviced Hotel Apartments
• Project Value: Approx. $56 million
• Construction Projected Start Date: Sep 2019
• Projected Opening Date: 2021
Few cities in the world offer the scenery, creative culture and
entertainment of Wellington. It is a well established and respected
city, with top Universities, schools and multi-national businesses.
Wellingtonians enjoy the highest average household income in
the country.
6
Wyndham Garden
Christchurch
As the largest city in New Zealand’s South Island, Christchurch is well
known as a premium business and recreational destination, welcoming
visitors from all around the world. Christchurch is the gateway to the
South Island and the Canterbury region. Its breathtaking scenery,
world-class skiing, unique adventure activities, natural habitats and
wineries combine to provide an inspirational experience few locations
in the world can offer
Wyndham Garden Christchurch
• 36 Residential Units
• 96 Serviced Hotel Apartments
• Conference and Gym
• Project Value: Approx. $33.5 million
• Construction Projected Start Date: 2019
Adventurers, food and wine enthusiasts, shopaholics and families are
well catered for in Christchurch. The local region is enjoying strong
population and employment growth and with an International Airport,
Christchurch is easily accessible and has the world on its doorstep. An
investment at Wyndham Garden Christchurch gives you an opportunity
to make the most of New Zealand’s favorable economic factors and to
maximize the benefits of a forward thinking and rewarding commercial
environment.
7
LQ Hotel Kawarau
River Queenstown
LQ Hotel Kawarau River Hotel and Suites is located in the beautiful
surrounding of Queenstown, with stunning views of the Remarkables
Mountains and Kawerau River to the South and Coronet Peak to the
North. This hotel provides easy access to all that Queenstown has
to offer. Queenstown is the adventure capital of New Zealand and is
surrounded by stunning scenery and outdoor attractions.
LQ Hotel Kawarau River
Queenstown
• 96 Residential Units
• 87 Serviced Hotel Apartments/111 Hotel Bed Users
• 1 Retail Unit
• Construction to start June 2019
• Projected Opening Date: Late 2020
• Project value: Approx. $92m
Queenstown is located in the Southern Lakes District of New Zealand,
near the Southern Alps. Surrounding areas include Arrowtown, Wanaka,
Fiordland and Glenorchy, all of which are popular tourism destinations.
Ramada Kawarau River Hotel and Suites is two minutes’ drive from
Queenstown Airport and only seven minutes from the central city.
8
Ramada Hotel and
Suites Newmarket
Ramada Newmarket is superbly located at Newmarket in Central
Auckland, conventiently served by Motorway links to the CBD and
International Airport as well as to major transport terminals. Newmarket
is one of Auckland's premier retail and entertainment destinations.
RAMADA HOTEL AND SUITES NEWMARKET, AUCKLAND
• 52 Residential Apartments
• 84 Serviced Hotel Apartments
• 9 Visitor Accommodation Units
• Conference and Meeting Centre
• Construction Projected Start Date: July 2019
• Projected Opening Date: Late 2020
• Project Value: Approx. $96m
Ramada Hotel and Suites Newmarket is close to:
• Auckland CBD via motorway (5 minutes)
• Auckland International Airport (30 minutes)
• World class shopping (Westfield Newmarket, Broadway, Nuffield St)
• Several theatres, conference and event centres
• An endless choice of restaurants, bars and cafés
• Double Grammar Zone
9
Ramada Hotel and
Suites Queenstown
Ramada Queenstown is located in the beautiful surroundings of
Queenstown, with stunning views of Lake Wakatipu and provides easy
access to all that Queenstown has to offer. Queenstown is the adventure
capital of New Zealand and is surrounded by stunning scenery and
outdoor attractions.
RAMADA HOTEL AND SUITES QUEENSTOWN
• 131 Serviced Hotel Apartments/168 Hotel Bed Users
• 2 Penthouse Residential Apartments
• Restaurant, Conference Centre and Gym
• Construction Projected Start Date: May 2018
• Completed and opened Sep 2019
• Project Value: Approx. $56m
Queenstown is located in the Southern Lakes District of New Zealand,
near the Southern Alps. Surrounding areas include Arrowtown, Wanaka,
Fiordland and Glenorchy, all of which are popular tourism destinations.
• Ramada Queenstown is located on Frankton Road in the heart of
the central city, with breathtaking lake views. World-class dining and
shopping is all within walking distance.
10Ramada Pacific Hotel
and Suites Manukau
Ramada Manukau is situated next to the Vodafone Events Centre, a
multi-purpose event with an indoor arena, theatre and meeting halls. The
Vodafone Events Centre hosts community, cultural and sports events,
concerts and plays, exhibits, trade shows and expos, corporate functions,
meetings, weddings and other special events.
The center also houses the Vector Wero Whitewater Park, New Zealand’s first
ever man-made river and white water course – a world class destination that
offers a wide range of safe water activities including rafting, kayaking, stand up
paddleboarding and much more.
RAMADA PACIFIC HOTEL AND SUITES MANUKAU, GREAT
SOUTH ROAD, MANUKAU, AUCKLAND
• 67 Residential Units
• 85 Serviced Hotel Apartments/170 Hotel Bed
Users
• 2 Retail Units
• Completed and opened Oct 2019
• Project Value: Approx. $62m
Ramada Pacific Hotel and Suites Manukau is close to:
• Auckland CBD via motorway (20 minutes)
• Auckland International Airport (15 minutes)
• Auckland Botanical Gardens
• Large shopping centres (eg. Westfield Manukau)
• Rainbow’s End Theme Park
11Ramada Hotel and
Suites Victoria Street
Ramada Victoria Hotel and Suites is superbly located in the central business
district of Auckland. Within walking distance are top restaurants, bars,
theatres, night-clubs, museums and art galleries. Only 240 metres away, the
SKYCITY complex offers world-class dining, a casino and breathtaking 360
degree views of Auckland City.
RAMADA VICTORIA HOTEL AND SUITES, VICTORIA STREET,
AUCKLAND
• 66 Residential Apartments
• 48 Serviced Hotel Apartments/ 98 Hotel Bed Users
• 4 Retail units
• 4 Office Units
• Completed and opened Nov 2019
• Project Value: Approx. $75m
All the recreational, entertainment and business activities that Auckland has
to offer are only a short distance away.
Ramada Victoria Hotel and Suites is close to:
• Motorway links to the Northern, Southern and North-Western Motorways
• Auckland International Airport (25 minutes)
• SkyCity Entertainment Centre
• World class shopping (Westfield Downtown, Queen
• Street, Victoria Park Market)
• Several theatres, conference and event centres
• An endless choice of restaurants, bars and cafés
12Wyndham Garden
Hotel and Suites
Queenstown
Wyndham Garden is located in the beautiful surroundings of
Queenstown, with stunning views of the Remarkables Mountains and
provides easy access to all that Queenstown has to offer. Queenstown
is the adventure capital of New Zealand and is surrounded by stunning
scenery and outdoor attractions.
WYNDHAM GARDEN, T40 AND T40A
REMARKABLES PARK, QUEENSTOWN
• 55 Residential Units
• 75 Serviced Hotel Apartments/150 Hotel Bed Users
• 6 Retail Units
• Completed and opened April 2018
• Project Value: Approx. $62m
Queenstown is located in the Southern Lakes District of New Zealand,
near the Southern Alps. Surrounding areas include Arrowtown,
Wanaka, Fiordland and Glenorchy, all of which are popular tourism
destinations.
• There are over 100 inbound flights to Queenstown every week.
Queenstown is only a 3.5 hour direct flight from Australia and a short
1 hour 50 minute flight from Auckland.
• Wyndham Garden Queenstown is two minutes drive from Queenstown
Airport and only seven minutes from the central city.
13Ramada Hotel &
Suites Albany
Ramada Suites Albany is superbly located in Auckland's North Shore
region, conveniently served by motorway links to the CBD (15 min)
and International Airport, as well as to major transport terminals.
254 CORNERSTONE DRIVE, ALBANY, AUCKLAND
• 18 Residential Apartments
• 66 Serviced Hotel Apartments/138 Hotel Bed Users
• 11 Retail Units
• Completed and Opened April 2017
• Project Value: Approx. $47m
Within a short distance are top restaurants, large shopping malls
(including Westfield Albany), art galleries, cinemas and sports
facilities (including North Harbour Stadium and Snowplanet). Albany
is also home to an impressive commerical and industrial business
hub, making the hotel an ideal choice for the business traveller.
14Ramada
Remarkables Park
Ramada Remarkables Hotel is located in the beautiful surroundings
of Queenstown, with stunning views of the Remarkables Mountains.
The hotel is the first hotel in the region situated within easy access
to the airport. On the doorstep of the hotel is The Remarkables Park
Town Centre - which houses a wide range of shops, businesses and
restaurants. The hotel is located at the top of the new High Street area,
within walking distance to several stores and amenities.
RAMADA QUEENSTOWN, REMARKABLES PARK, QUEENSTOWN
• 59 Furnished Units
• 148 Hotel Bed Users
• Completed and opened June 2016
• Project Value: Approx. $30m
Ramada Remarkables Hotel – Queenstown presents superbly
appointed apartments offering the highest level of quality, service
and surroundings, which only a few discerning investors will have the
privilege of owning.
15Ramada
Federal Street
Ramada Suites Federal Street, a fully managed boutique 4 star
development situated in the heart of Auckland within walking distance
to the very popular and iconic Sky Tower, resturants, theatres, retail
shopping and the ferry terminal. Several international event and
conference centres are close by, including SKYCITY Convention Centre
and the ANZ Viaduct Events Centre. Top musicians from around the world
perform at Auckland’s Vector Arena.
219 FEDERAL STREET, AUCKLAND
• 42 Serviced Hotel Apartments/ 94 Hotel Bed Users
• Completed and opened Oct 2015
• Project Value: Approx. $12m
Each stylish and spacious apartment at Ramada Suites federal street is
fitted with contemporary furnishings, premium floor coverings and quality
European kitchen appliances. These architecturally superior apartments
maximise the creative use of space, partnered with an elegant, modern
design.
16Quest Taupo
The Taupo region is a thriving tourism, events and adventure
destination, offering a wealth of business and leisure opportunities.
A commitment to invest and economic development in the region
positions Taupo perfectly for current and future growth. Quest Taupo
is situated in a prime central location. Within the immediate vicinity
of this property are several tourist attractions, event and conference
centers, shopping locations and premium restaurants.
QUEST TAUPO, KAIMANAWA STREET, TAUPO
• 38 Serviced Hotel Apartment/ 76 Hotel Bed Users
• Completed and opened July 2015
• Project Value: Approx. $7m
Quest Taupo is a fully managed 4 star boutique development located
at 59-61 Kaimanawa Street in Taupo. The building has been designed
specifically to meet the clients needs of Quest Serviced Apartments
(NZ) Limited. It comprises 38 furnished units being a mixture of studios,
executive studios and one bedroom units, an office and reception area.
17Ramada Suites
Tuam Street,
Christchurch
Christchurch City has the largest population of any city in the South
Island. With the new rebuild, the city offers a wealth of opportunities in
tourism, sports events and business.
A commitment to investment and infrastructure positions Christchurch
perfectly to meet the needs of its growing commercial business district.
RAMADA TUAM STREET, CHRISTCHURCH
• 44 Serviced Hotel Apartments/96 Hotel Bed Users
• Café
• Completed and opened Dec 2014
• Project Value: Approx. $12m
Ramada Suites Tuam Street is a fully managed 4 star boutique
development located at 264 - 266 Tuam Street, in Christchurch,
New Zealand. This development is tenanted by Tuam Hotel Limited
Liability Partnership, a franchisee of Wyndham Vacation Resorts Asia
Pacific Pty Ltd.
18Quest On Thorndon
Quest on Thorndon is a fully managed boutique 4 star development
located at 61 Thorndon Quay in Wellington. Safari Group has transformed
this 1920's character building into a stylish serviced apartment complex
with large retail space on the ground floor.
QUEST ON THORNDON, THORNDON QUAY, WELLINGTON
• 36 Serviced Apartments/76 Hotel Bed Users
• Completed and opened August 2014
• ECC Lighting is housed on the ground floor
• Project Value: Approx. $10m
Quest on Thorndon is situated in a prime CBD location. Within the
immediate vicinity of this property are a wide range of large multi-
national corporations and several event and conference centres. New
Zealand’s Parliament Buildings, Westpac Stadium, Museums and
restaurants are all within walking distance.
19Quest Beaumont
Quest Beaumont is a fully managed boutique 4 star development
located at 80 Beaumont Street, Freemans Bay in Auckland.
Quest Beaumont is situated in a prime CBD location. Within the
immediate vicinity of this property are a wide range of large multi-
national corporations, and several event and conference centres.
Top restaurants, theatres, museums and art galleries are close by.
Within walking distance is Westhaven, Wynyard Quarter and Viaduct
Harbour
QUEST BEAUMONT, 80 BEAUMONT STREET, AUCKLAND
• 34 Serviced Hotel Apartments/ 84 Hotel Bed Users
• Completed and opened Oct 2013
• Café
• Project Value: Approx. $8m
Key points of Quest Beaumont Street
• Key Strategic location in the heart of Auckland City
• New Zealand's largest city with over 1.25m people
• Easy access to business, entertainment and events centres
• Research identified that a development located in this position
within central Auckland will be likely to draw strong demand from
the middle to low end of a number of different market segments
• The market segment analysis has identified corporate visitors will
initially underpin the occupancy of the business but this will develop
into a strong mix of independent leisure travellers and the meeting
and conference market
• Lack of Supply of good quality new accommodation for travellers
at a competitive room rate
• The need for a boutique hotel in Freemans Bay that caters for the
corporate market, with large corporations such as Vodafone, KPMG
and Spark nearby.
20Quest Tauranga
Quest Tauranga is a fully managed boutique 4 star development
located at 6 Durham Street, Tauranga. These units have been designed
specifically to meet the client’s needs of Quest Serviced Apartments
(NZ) Limited.
Quest Tauranga is situated in a prime CBD location. Within the immediate
vicinity of this property are a wide range of large multi-national
corporations, and several event and conference centers. All within
walking distance are top restaurants, marina and shopping destinations.
The Port of Tauranga is one of New Zealand’s largest commercial ports.
QUEST KINGSVIEW, TAURANGA
• 41 Serviced Hotel Apartments/82 Hotel Bed Users
• Project Refurbishment Value: approx $6m
• Completed and opened 2012
Situated in the highly recognisable Kingsview Towers, this boutique
apartment investment is fully managed by a franchisee of Quest
Serviced Apartments (NZ) Ltd and is located in the CBD of Tauranga,
New Zealand.
21Quest Hamilton
Quest Hamilton is a fully managed boutique 4 star development located
on the corner of London and Victoria Streets, Hamilton. Quest Hamilton
is one of Hamilton’s most significant heritage buildings and Safari Group
is honored to have breathed new life in this important part of Hamilton’s
CBD Heritage landscape by the restoring of this adaptive reuse project.
This building was formerly the headquarters of the NZ Co-Op Dairy Co.
and built circa 1919.
QUEST HAMILTON, LONDON STREET, HAMILTON
• 44 Serviced Hotel Apartments/ 92 Hotel Bed Users
• Completed and opened March 2012
• 4 Retail Units
• Project Value: Approx. $11m
Victoria Street is the main thoroughfare through Hamilton and has many
coporate, retail and commercial businesses along this route.
22Quest Henderson
Quest Henderson is located at 12 Wadier place, Henderson, Auckland,
New Zealand and was born from a necessity for quality accommodation
in the centre of West Auckland. The building is close to Trusts Stadium,
film studios, shopping malls, and council buildings. This development
filled the void of much needed traveller accomodation in the area.
QUEST HENDERSON, WADIER PLACE,
HENDERSON, AUCKLAND
• 39 Serviced Hotel Apartments/78 Hotel Bed Users
• Completed and Opened Nov 2010
• Project Value: Approx. $8m
Excellent location close to:
• Education and training providers
• Professional sports facilities
• Aged care and hospital facilities
• North Western motorway
• Waitakere Ranges
• West Coast beaches
23Future projects
being planned by
Safari Group. Auckland
Tauranga & Mt Maunganui
Branding detail to be released as
Hamilton Rotorua
properties are secured.
New Plymouth Taupo
Nelson Wellington
Christchurch
p Quest completed by Safari
p Ramada completed or Under Construction by Safari
Queenstown p Ramada secured and Under Design by Safari
p Planned Foot Print by Safari
Wanaka p Ramada Properties in Place by Others:
Dunedin Paihia, Taipa, Orewa, Rotorua & Wanaka
Invercargill
200km
100 mi
24Developments
Coming Soon
QUEENSTOWN WELLINGTON
GREENLANE TAKAPUNA
25Safari Group (NZ) Ltd
Robert Neil
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