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Yes, it was prime - and 5 star - I think markert conditions has a strong factor in it, back then there was a whole lot of new apartments going up - so plenty of choice for accomodation. In the end I think what killed Sommerset off was that owners were taking their units out of the hotel pool...
Hi,
Another purchaser for SPH - can add my name to the list -
I had experience with Sommerset with my investment property in NZ - they used to Ascott Metropolis Auckland - they also had 2 years fixed return, but after that ended, there would be some months you would get a return - others...