Discover the potential of 236 Frankton Road, a unique home and income property close to Queenstown CBD. Independent rental appraisal on file for a combined $1,620 to $1,680 NZD per week. Perfectly situated a short walk from Queenstown's vibrant city center, this residence offers stunning Blue-Chip views of Lake Wakatipu, right near the hub of local shopping and hospitality. Currently vacant with an immediate settlement possibility, the property is an ideal choice for "Smart Investors" or those seeking a premium location for Home and Income.


This property features a total of five bedrooms and three bathrooms split between two separate units. The upper house includes three bedrooms, highlighted by a spacious, modern galley-style kitchen with a six-burner gas hob and electric oven, a large breakfast bar, and an expansive living and dining area. This living space is designed to capture the breathtaking panoramic views of Lake Wakatipu and the Remarkables Mountain Range, all comfortably heated with a heat pump and a cozy Woodsman burner fireplace.


Below, the fully self-contained two-bedroom, one-bathroom flat offers great additional rental income. It enjoys its own entrance and separate lake views from an open-plan kitchen and living area, which is also equipped with its own heat pump.


This property had a major renovation in 2013, including low-maintenance UPVC cladding and double-glazed windows, a new Coloursteel roof, and updated insulation, enhancing both efficiency and aesthetics. Outside, the property features a private elevated BBQ area with its own stunning views, a high-stud single garage for extra storage.


With significant income potential and various rental configurations, including short-term rental opportunities through Homestay or Airbnb, this property would also suit staff accommodation or first home buyers looking for additional income.


Explore the possibilities at 236 Frankton Road. Contact us today for a private viewing or check our schedule for open home times. This is an investment opportunity not to be missed.


Auction: 12:00 p.m. Friday 22 November 2024 NZSIR Queenstown Office (unless sold prior)