Listed: Thu, 2 Oct

Position & Potential - A Smart Buy

10/495 Frankton Road, Town Centre, Queenstown-Lakes, Otago

Asking price $949,000

3 Beds
2 Baths
1 Living area
150m² Floor

Other Features

2 Separate toilets
1 Garage parking

Attribute	Value
Property type	Townhouse
Capital value (CV)	$1,190,000
Parking	1 garage spaces
Agency reference	QT26678
Broadband in the area	Fibre, Satellite, Wireless

Seize the opportunity to buy a slice of lake front paradise with visitor accommodation consent in place. Our offshore seller is downsizing their lifestyle, this holiday home must be sold, our instructions are to bring all interest!

Positioned between Queenstown's vibrant CBD and the convenience of Frankton, for buyers who see the value in location and future growth, this is a standout opportunity. This well-located townhouse is part of a complex currently undergoing balustrade upgrades, with exterior cladding improvements planned to further modernise and future proof the property.

Set across three levels and benefiting from the valuable 180-day visitor accommodation consent, this townhouse is ideal as a lock-and-leave holiday retreat, short-term accommodation investment, or permanent residence.

Being an end unit the apartment enjoys extra windows with extra natural light. The spacious living area features high ceilings and outdoor spaces, provide an ideal setting for entertaining. The bedrooms are all large doubles with built in storage and the internal access garage is an added bonus. There's potential to add value with some maintenance and modernising giving buyers the opportunity to secure lakefront living at a reasonable price. To make buying easy, our owner has provided Building & LIM Reports.

Now for something extra that is rarely on offer; pet owners will be pleased to hear that cats and small dogs are allowed by the body corporate. The location is excellent; set on the lakeside walking and cycling track you can walk to town or explore the trails by bike - public transport is also nearby.

For the savvy investor or future-focused owner-occupier, this is a bold yet strategic move. Secure this lake-adjacent townhouse with jetty access now - and benefit from a refreshed exterior, improved kerb appeal, and potential capital uplift once works are completed. Get in touch with Kate today to learn more and book your private or video viewing. To be Sold on a + GST (if any) basis.