SAFARI MIXED USE HOTEL DEVELOPMENTS
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1 SAFARI MIXED USE HOTEL DEVELOPMENTS
2 Welcome Safari Group are pleased to present our history and future vision of our mixed use Hotel based property developments situated throughout New Zealand. Safari Group (NZ) Limited is a well-established and forward thinking Property Development & Construction Company. The Company is a privately owned family business and was founded by Robert Neil and Stephen Taylor in Since 2005 Robert & Stephen have integrated their construction focus and expertise into the development of their own projects. In 2012 Robert and Stephen were proud to include Damien Taylor, youngest son of Stephen, into the business. Damien along with Robert s two younger sons will be the strength of the business in future years. With a vast knowledge base in project, site and people management across a diverse range of commercial, industrial, hotel and residential projects, Robert, Stephen and Damien, ensure reliability and top performance, enabling Safari Group to achieve high standards of quality workmanship to satisfy the client s needs. Safari Group is dedicated to their clients and maintains a hands on role, by working closely with all the professional consultants and sub-contractors alike, thereby staying true their motto of producing Value Through Quality & Efficiency. Safari Group is a small team of people, yet has a professional team of project and development managers, together with a marketing team and a financial controller, who are able to adapt in these changing times to achieve the best results at all times. This small proficient team provides expertise in not only finding exciting projects, but making sure that they convert effectively from the initial conception stage through to development and completion, whereby providing top returns. Both Robert and Stephen are registered and are Licensed Building Practitioners. The following developments are under construction or in the development stages: Wyndham Garden in Queenstown, Ramada Hotel and Suites Victoria in Auckland, Ramada Pacific Hotel and Suites in Manukau, Ramada Ormiston in Auckland, Ramada Newmarket in Auckland, Ramada Queenstown and Ramada Kawarau River Hotel and Suites in Queenstown. The future foot print of mixed use hotel developments being planned in New Zealand by Safari Group will be in Tauranga, Wellington, Auckland, Hamilton, Rotorua, Nelson and Dunedin. 2
3 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: Term: 30 years based on years A franchisee with a proven international track record Up to 7.5% guaranteed gross return paid directly into the investor s bank account on a monthly basis A 2% annual increase after 3 years Free use for owners (allocated per development) A commercial guarantee on rental Great entry level pricing for investors looking for property with a long term lease in place A hands off, hassle free investment with minimal owner input required CURRENT IMPORTANT FACTS: New Zealand has no stamp duty There are no capital gains or land tax There are no estate or death taxes There are no wealth taxes There are no restrictions on foreign ownership There are no restrictions of re-selling New Zealand is a politically stable, peaceful nation 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
4 Ramada Kawarau River Hotel and Suites Queenstown Ramada 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. River Hotel and Suites M8 & M9, Remarkables Park Queenstown 100 Residential Units 87 Serviced Hotel Apartments/111 Hotel Bed Users 1 Retail Unit Construction to start later 2018 Opening projected for early 2020 Project value: Approx. $90m 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. 4
5 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 63 Residential Apartments 63 Serviced Hotel Apartments/78 Hotel Bed Users Conference and Meeting Centre Construction Projected Start Date: Oct 2018 Projected Opening Date: Late 2019 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 5
6 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 Projected Opening Date: Aug 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. 6
7 Ramada Hotel and Suites Ormiston Ramada Ormiston is superbly located at Ormiston Town Centre in Eastern Auckland, conventiently served by Motorway links to the CBD and International Aiport as well as to major transport terminals. Once completed the Ormiston Town Centre will include retail premises, a library and medical centre. RAMADA HOTEL AND SUITES ORMISTON, ORMISTON ROAD, AUCKLAND 63 Residential Apartments 46 Serviced Hotel Apartments/92 Hotel Bed Users 4 Retail Units Construction Projected Start Date: TBA awaiting title Projected Opening Date: 14 month build Project Value: Approx. $54m Ramada Hotel and Suites Ormiston is close to: Auckland CBD via motorway (20 minutes) Auckland International Airport (15 minutes) Eastern Suburbs beaches, farms and park reserves Large shopping centers (Ormiston Town Centre, Botany Town Centre, Westfield Manukau) Vodafone Events Centre Fo Guang Shan Buddhist Temple 7
8 Ramada 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 Property secured Under Design. Construction Projected Start Date: February 2018 Projected Opening Date: May 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 8
9 Ramada 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 Construction Underway Projected Opening Date: May 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 9
10 Wyndham 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 Construction Underway. Projected Completion Apr 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. 10
11 Ramada 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. 11
12 Ramada 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 Jun 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. 12
13 Ramada 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 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. 13
14 Quest 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 Jul 2015 Project Value: Approx. $7m Quest Taupo is a fully managed 4 star boutique development located at 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. 14
15 Ramada 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 Dec 2014 Project Value: Approx. $12m Ramada Suites Tuam Street is a fully managed 4 star boutique development located at 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. 15
16 Quest 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 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 multinational corporations and several event and conference centres. New Zealand s Parliament Buildings, Westpac Stadium, Museums and restaurants are all within walking distance. 16
17 Quest 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 multinational 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 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. 17
18 Quest 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 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. 18
19 Quest 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 QUEST HAMILTON, LONDON STREET, HAMILTON 44 Serviced Hotel Apartments/ 92 Hotel Bed Users Completed March 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. 19
20 Quest 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 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 20
21 Future projects being planned by Safari Group. Branding detail to be released as properties are secured. Auckland Hamilton Tauranga & Mt Maunganui Rotorua Palmerston North Taupo Nelson Wellington Christchurch Queenstown Wanaka Dunedin Invercargill p Quest completed by Safari p Ramada completed or Under Construction by Safari p Ramada secured and Under Design by Safari p Planned Foot Print by Safari p Ramada Properties in Place by Others: Paihia, Taipa, Orewa, Rotorua & Wanaka 200km 100 mi 21
22 Safari Group (NZ) Ltd Robert Neil
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