VR TAKAPUNA OAKS
We invested in a shutdown property that we acquired from the bank and refur-nished, renovated and opened it up as a 5 star, 32 apartment hotel within a month from purchase. We set up our in-house team to overlook the revenue that had bare-ly managed to take off and made it profitable by 19999990% in a span of 24 months. Our property ranks no.1 in its region. It was awarded a 5 star rating from Qualmark New Zealand Tourism body and then we finally sold it in 2017 at 3.8 times the value of it at the time of purchase.
Property rank #1 in its region and class consistently from 2nd year till now.
Awarded 5-star rating by Qualmark NZ tourism body sold in 2017 for 17 Million.