Listing #:1454802169

Investments with Growth!

Location: Unit 6, 24 Hawthorne Drive, Frankton, Queenstown­-Lakes, Otago
Property use: Retail
Floor area: 228m2
Price: Asking price $2,422,000 + GST (if any)
Why wouldn’t you want to own a slice of paradise? This is your chance to invest in a retail investment and not have to compete at auction!

Currently leased to Vielaami Ltd (Franks Eatery) situated in the newly built Ramada Hotel Queenstown this is your chance to buy a new stratum-in-freehold investment before it is unobtainable.

Returning $128,400 pa net on a 8 year lease with built in rental growth and personal guarantee this retail investment is truly remarkable. 

This ground breaking new area is set to expand the $32 billion city of Queenstown which is currently bursting at the seams.

Asking price of $2,422,641 (+ GST if any). Contact Ellie or Richard today to secure your future in beautiful Queenstown. 

+ Newly completed mixed use development with 100% IEP rating 
+ Leased to a popular cafe operator 
+ Located in a high-profile international location of stunning Queenstown 
+ Huge Tourism and population growth area 
+ 8 year lease 
+ Built in rental growth
+ Returning $128,400 pa net

Agency reference #: 17178993Q4
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Asking price: $2,422,000 + GST (if any)
Unit 6, 24 Hawthorne Drive, Frankton, Queenstown-Lakes, Otago
Asking price: $2,422,000 + GST (if any)
Listed: Mon 30 Oct, 5:49 pm
Ellie Martin
CBRE (Agency) Limited, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 4164333
  •  (021) 404977


Agent's details

Ellie Martin
  •  (09) 4164333
  •  (021) 404977
Richard Larman
  •  (09) 4164333
  •  (021) 2788611
CBRE (Agency) Limited, Licensed Agent (REAA 2008)
(09) 3553333
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Expires: Wed 18 Jul, 3:14 pm
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