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Invest Queenstown Ltd
Simon Green Simon Green

409/18 Mountain Ash Drive, Frankton

Asking price $1,195,000

Listing Description

Listed: Wed, 26 Feb

Remarkable Managed Investment Opportunity

409/18 Mountain Ash Drive, Frankton, Queenstown-Lakes, Otago

Asking price $1,195,000

Details

  •   2 Beds
  •   2 Baths
  •   109m² Floor
AttributeValue
Property type
Apartment
Agency reference
2025003
Broadband in the areaWireless

Description

Seize the opportunity to invest in the thriving Queenstown property market with this stylish, 2 bedroom, 2 bathroom dual key apartment at LQ Queenstown. Perfectly situated for lifestyle convenience and growing returns, this apartment offers modern holiday living in one of New Zealand's most iconic locations.

Positioned on Level 4 and with stunning views to the south up to The Remarkables and west towards Queenstown, Apartment 409 is one of just a handful of oversized, two bedroom apartments boasting an internal measure of 109m2 and features a dual key configuration offering maximum flexibility for short-term rental accommodation.

In near new condition and fully furnished, the apartment has recently been placed in management and is performing very well – delivering circa $22,000 to the owners in just the last 4 months!

Stylish open plan kitchen, dining and lounge open to a covered corner balcony capturing plenty of afternoon and evening sun. The Master bedroom is very well-sized, with ensuite bathroom and dual built in wardrobes.

The dual key configuration provides for a separately accessed fully self-contained suite with bedroom, bathroom (incl. laundry) and full kitchen.

Apartment can be rented out as a 1 bedroom apartment plus 1 bedroom suite or collectively as a 2 bedroom apartment. Located in the sought-after LQ complex, just minutes from Queenstown’s international airport, major shopping areas, and world-class ski fields, making it attractive for both long-term and short-term rentals.

Enjoy peace of mind with secure access, dedicated parking, and low maintenance living, making it a hassle-free investment for those looking to enter the Queenstown market. And be safe in the knowledge that you can continue with the incumbent managers and continue to earn a solid income.

Property to be sold fully furnished as shown in images (chattels list available on request).

This is the perfect chance to enter the Queenstown market with an investment offering excellent income and growth potential.


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Invest Queenstown Ltd
Simon Green

Simon Green


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Simon Green

Simon Green

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