Skip to site navigation Skip to main content
main content

Listing Description

Listed: Thu, 13 Feb

Set & Forget – 5.61% Net Return

3/24 Hawthorne Drive, Frankton, Queenstown-Lakes, Otago

Asking price $1,090,000

Details

  •   80m² Floor
AttributeValue
Property use
Retail
Agency reference
1554774

Description

Located in the heart of Remarkables Park, this prime commercial property is home to Thai Siam Kitchen, a well-established and thriving restaurant that attracts both locals and visitors. Situated within the Ramada Remarkables Park Hotel, this property benefits from high foot traffic, excellent visibility, and a sought-after location in one of Queenstown’s fastest-growing commercial and retail hubs. The tenancy also has non-exclusive rights to use two undesignated car parks on the property.

Key Features:

Full-Width Glazing – Maximising street presence and business exposure, ensuring excellent visibility.

Outdoor Dining Area – Provides additional space and an inviting atmosphere for guests to enjoy Queenstown’s stunning surroundings.

Prime Location – Nestled within the bustling Remarkables Park, adjacent to major retailers, hotels, and Queenstown Airport.

About the Tenant:

Thai Siam Kitchen is a well-regarded restaurant known for its authentic Thai cuisine, cozy atmosphere, and diverse menu featuring customer favourites like Pad Thai, green curry, and Thai spring rolls. The restaurant caters to a wide clientele, offering dine-in, takeaway, and delivery services seven days a week. With vegetarian and gluten-free options available, Thai Siam Kitchen is a popular dining destination in the area.

Investment Highlights:

Established Long-Term Tenant – A strong business with a consistent customer base and proven success.

High-Growth Location – Remarkables Park is a rapidly developing commercial and residential area with increasing demand.

Turnkey Investment – A set-and-forget investment with a strong lease in place in a well-maintained modern commercial space

This is a rare opportunity to secure a high-performing commercial investment in one of Queenstown’s premier retail and hospitality districts.

For further information, or to arrange a viewing, contact the sole agent today.

$1,090,000 + GST if any


Property Files

Tony Watts

Discover more about this property.

Request the files from Tony.

Map




Advertisement

Agent's details

Enquire about the property

Platinum Partner
Learn More

Darling Realty - Lincoln Darling Real Estate, (Licensed: REAA 2008)

Share this listing

Facebook
Twitter
We are upgrading some of our systems
Learn more