6a/643 Frankton Road, Queenstown, Queenstown Lakes

Nestled in a prime location between Queenstown International Airport and the CBD, this Alpine Village apartment is a 1-bedroom, 1-bathroom unit with a carpark. Constructed in 2005 with concrete walls and an iron roof, both in good condition, it offers a floor area of 58 square meters and boasts a capital value of $570,000 as of September 2021, marking a 1.79% increase since July 2017. This unit title property is perfect for investors and holiday home buyers, with its top-level position providing stunning mountain and lake views. The latest sale was recorded at $671,000 in August 2024, a significant jump from the $213,000 sale in March 2014. HouGarden's AVM estimates the property's value at $542,500.

With a 365-day Visitor Accommodation consent, this apartment is a low-maintenance haven, ideal for entry-level buyers or small families. It's within the highly rated school zones of Queenstown Primary and St Joseph's School, both decile 10. The spacious bedroom, separate bathroom, and front balcony make for a cozy home, while the proximity to the lakefront and popular eateries adds to the convenience. This vacant property, sold furnished and inclusive of GST, is ready for immediate possession and offers excellent income potential.

Located in a quiet cul-de-sac, the apartment is a corner unit with extra-large windows, flooding the living areas with natural light. The allocated parking spot right outside the stairs ensures convenience. This property is a beautifully presented opportunity not to be missed in an unbeatable location.

Updated on October 09, 2024