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Rare 365VA Dual Key. The Ultimate Airbnb Cash Cow!

RE/MAX Revolution (Top One Real Estate Limited), (Licensed: REAA 2008)

Listed 26 May

18B & 19B/135 Hallenstein Street, Queenstown East, Queenstown-Lakes, Otago

To be sold by deadline sale (by 26 Jun)

Bed2
Bath2
Land area76m²
Floor area76m²

Details

2 bedrooms
2 bathrooms
2 lounges
Unit
Property interior
Property interior

Rare 365VA Dual Key. The Ultimate Airbnb Cash Cow!

An outstanding investment opportunity in a tightly held Queenstown location, this property comprises two one-bedroom units, both with 365VA consent already in place, offering exceptional flexibility and strong income potential.

(*365 Visitor Accommodation Consent is the Resource Consent granted by council that allows you to Airbnb your property year-round)

Positioned within walking distance to Queenstown Town Centre, the property offers the perfect balance of convenience and privacy, tucked away from the main hustle and bustle while remaining highly appealing to both long-term tenants and short-stay visitors.

Both units are compact, practical, and low-maintenance, creating an ideal lock-and-leave investment with minimal ongoing upkeep. Basic furniture packages are also included with both units.

Combined with low outgoings and the continued demand for centrally located accommodation in Queenstown, opportunities like this are becoming increasingly rare.

Whether you are looking to expand your investment portfolio, maximise Airbnb returns, or secure a property with flexible living and rental options, this is a compelling opportunity in one of Queenstown's most sought-after locations.

Both units are currently rented long-term at $550 per week, with one tenancy due to expire soon. This provides the flexibility to renew both long-term tenancies, operate one as an Airbnb while retaining stable rental income from the other, or even live in one unit while renting or Airbnb-ing the second one.

To be sold by deadline sale: 26th June, 1:00pm (unless sold prior)

Agent's Contact: Esteban Sanguineti (Queenstown-based) - Mobile: +64 21 207 8959 Email: queenstown.enterprise@remax.co.nz

A quick note on representation - How many salespeople have never dealt with tenants, contractors, Council requirements, or even a worn out tap washer!? Esteban has worked in property management for over a decade before moving into sales and becoming the owner operator of REMAX Enterprise in Queenstown. After managing portfolios of 100 plus properties, you pick up a lot of practical knowledge that protects investors and saves time, money, and stress. If you want straightforward advice and local insight, give Esteban a call. He is always happy to meet for a chat and share what he knows.

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18B & 19B/135 Hallenstein Street has been viewed 3,242 times since it was first listed on 26 May. There are 71 people keeping an eye on it.

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18B & 19B/135 Hallenstein Street, Queenstown East, Queenstown-Lakes, Otago

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Esteban Sanguineti

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