VISIONARY URBAN COMMUNITY

Scotian is a residential development that stands apart from the norm. The 15-level tower offers a new studio style accommodation experience for short or long term stays. Situated within the lush green surrounds of Myers Park at 7 Scotia Place, these fully furnished, design led Sleeping Studios® are an attractive lifestyle and accommodation option for both the business and social markets.

The centre of the vibrant life for customers at Scotian will be the hip ground floor café with a welcoming team as part of the full-time onsite management by Columbard®. Scotian redefines accommodation in the modern world. It is neither a hotel nor an apartment block. Offering all the style and design ingenuity of a contemporary hotel with the convenience and practicality of a fully furnished apartment, the Sleeping Studios® stand in a league of their own.

Each cleverly designed Sleeping Studio® includes high standards of fit-out with a balcony, double bed complete with linen, satellite TV, DVD, stereo, desk, internet access, kitchenette with all utensils and crockery and an en-suite with washing machine/dryer. 

 LOCATION

Scotian is ideally situated just off Queen St, the heart of Auckland city, at 7 Scotia Place. It is nestled above Myers Park, one of the CBD’s premium green spaces, providing many pedestrian links including one to the city’s centre, Aotea square. 

The location is only a few minutes walk from:
  • Central business district
  • Cafes and bars
  • Museums
  • Shops
  • Entertainment venues including theatre, music, cinemas
  • Major tertiary educational facilities
  • Transport hubs

KEY MARKETS

Scotian’s unique offering in Auckland’s central city location is ideal for a number of key markets. These include:
  • Corporate travellers
  • City commuters
  • Domestic and International tourists
  • Social independents

RETURN - 8%pa

The clever use of the small space within the Sleeping Studios® means both the customer and investor gains exceptional value. The customer receives a design led accommodation experience at an affordable price and the investor gains the high yield returns that smaller spaces offer. With a Scotian investment there is an 8% per annum guaranteed return for a period of 5 years.

 LONG TERM PROSPECTS

 The developer offers the added value of a buy-back option which reduces on-sale risk at the end of the guarantee return period. This fantastic opportunity underpins the developer’s belief in the Columbard® accommodation concept at Scotian. The developer will be offering a 10% capital gain at the end of the term.

 MANAGEMENT

Scotian will be run by accommodation management company Columbard®. Columbard® offers a unique and personal management ethos with a commitment to memorable customer moments. Columbard®’s management is 24 hours a day, 7 days a week and Columbard® on site team members are only a phone call away. Columbard® Management operated a building in Auckland’s central business district, offering the same style of short and long-term accommodation in a funky, vibrant environment. Maintaining well above industry norm occupancy levels, exceptional guest feedback and return custom, attested to the strength of the concept and the managment style.

 

TV2, My House My Castle story on Columbard

 

 TV3, Story on Columbard

 

 

 

 

 

 

 

 

 

 Lower Ground Floor Plan

 

 Floor Plan - Level 2

 

 

 

 

 

 

Floor Plan - Level 3

 

 

 

 

 

 

Level 4-15 Typical Floor Plan