Listing Description
Little Apartment with Big Income
Unit 7/14 Frankton Road, Town Centre, Queenstown-Lakes, Otago
Asking price $470,000
Details
Attribute | Value |
---|---|
Property type | Apartment |
Parking | 1 open spaces |
Agency reference | QT25298 |
Broadband in the area |
Description
It is said that "good things come in small packages" and we couldn't agree more.
The current owner has owned this apartment since the 1980's and it now it's time to downsize the investment portfolio.
This solid little investment is a studio unit with a bathroom and a kitchenette.
The location is outstanding and rarely available. The walk to the Queenstown Gardens is only 120 metres; a few more minutes stroll and you're into Central Queenstown enjoying our world famous resort town.
One off-street parking space is included however you will find it is easier to leave the car parked and walk into town from this location.
This is the perfect property for an investor buyer looking to step into Queenstown's rental market at the entry level price point. Experienced investors will see this is a hidden gem that will perform well because of the central location.
The current owner has owned this apartment for almost 4 decades and is proud that the apartment has always had excellent occupancy. This apartment is not a part of a management scheme so there is no limit on owners use like you will find in many of the neighbouring complexes.
Call Peter today to get the full information pack. The apartment can be sold fully furnished if preferred.
Seller is registered for GST and the property will be sold Plus GST (if any)