Malaghan Alpine Lodge – our next syndication opportunity
The next property we are syndicating is Malaghan Alpine Lodge, located in the vibrant heart of Queenstown, overlooking Lake Wakatipu. This is another compelling, low vacancy risk property with projected yield of 6-7%. Malaghan Alpine Lodge has recently undergone renovations to cater specifically to the nightly accommodation market which is currently experiencing unprecedented levels of demand, and has substantial forward bookings in place.
There is a significant lack of short and long-term accommodation in Queenstown, largely due to increased accessibility with night flights and upgrades to roading and essential infrastructure that has seen visitor numbers swell.
The combination of Queenstown’s explosive annual tourism numbers, the lodge’s prime location being just five minutes’ walk to the centre of town and its incredible views make this property an extremely low vacancy risk.