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Invest Queenstown Ltd
Simon Green Simon Green

Villa 803, 387 Frankton Road

Asking price $3,895,000

Listing Description

Listed: Mon, 14 Apr

Absolute Lakefront - Absolutely Irreplaceable

Villa 803, 387 Frankton Road, Town Centre, Queenstown-Lakes, Otago

Asking price $3,895,000

Details

  •   3 Beds
  •   3 Baths
  •   273m² Floor
  •   450m² Land
Other Features
  •   2 Garage parking
AttributeValue
Property type
House
Parking
2 Car Garaging
Agency reference
2025010
Broadband in the areaFibre, Wireless

Description

When you are considering a luxury lifestyle investment in Queenstown The Rees Hotel is one property that you simply can’t ignore.  And the luxurious Lakefront Villas are undoubtedly the jewel in The Rees’s Crown

Consisting of just 5 freehold villas, originally sold off the plan in early 2014 and completed just prior to Christmas 2017, The Lakefront Residences at The Rees take pride of place just meters from the shores of Lake Whakatipu and immediately in front of the existing hotel complex.

Villa 803 is on its own freehold titled section (450m2) with private access shared by each of the 5 properties.

Living is split over two levels with the ground floor featuring 2 ensuited bedrooms, double garage, separate laundry and terrace (complete with spa pool).  Upstairs offers spacious open plan living, kitchen and dining and large master bedroom (with ensuite and walk in robe), all opening out to another oversized balcony.

Fully furnished by Australia’s leading hospitality interior specialist – Carmody Group, each villa features a number of bespoke design pieces along with the highest quality furnishings and appliances, delivering not only a 5 star accommodation offering but also a luxurious home away from home for owners.

Managed by The Rees for short-term accommodation, The Lakefront Villas have been designed to complement the existing accommodation offering at The Rees Hotel, by providing a quintessential luxury lodge / holiday home proposition but with access to all the amenities and services of a 5-star hotel.  And all just minutes from Queenstown’s bustling CBD.

This property is exempt from current foreign ownership restrictions as is zoned and rated as commercial.  As such will be sold plus GST (if any)

This is a truly unique opportunity to secure a freehold titled lakefront property featuring everything you’d expect from a luxury holiday home, but with all the 5-Star service and amenities of a 5-Star hotel and the security of knowing that not only is your investment cared for and maintained by Queenstown’s top performing luxury accommodation provider, but that you will also earn a return on your investment as part of the short-term management pool.

If you are looking for a premium lifestyle apartment and a secure investment showing strong returns and with potential for further capital growth, talk to us now.


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Invest Queenstown Ltd
Simon Green

Simon Green


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Simon Green

Simon Green

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