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006/18 Mountain Ash Dr, Frankton, Central Otago / Lakes District, 1 Bedrooms, 1 Bathrooms, Unit
New build

$270,000

006/18 Mountain Ash Dr, Frankton, Central Otago / Lakes District

1
1
28m2
UnitListed on Tue Jul 25
Near New3D Viewschool zoneBrand new
$1,604/Monthly repayments
Based on estimate value
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Frankton 1 Bedroom Good for the Pocket, Great for the Portfolio

Designed and delivered by Safari Group, located in ever popular Frankton at the foot of the Remarkables and completed in December 2020, the LQ Hotel delivers contemporary accommodation in a stunning alpine setting. Under the expert management of the world's largest hotel group - Wyndham, you can rest assured your investment is in the safest possible hands.

Each architecturally designed studio hotel apartment is superbly finished and is fitted with contemporary furnishings, premium floor coverings, individually controlled air-conditioning, LED television, quality European kitchen appliances and washing machine/dryer.

Positioned on the ground level, this fully self-contained 28m2 Studio Apartment offers plenty of space for business trips or weekend getaways while delivering guaranteed income as part of the lease agreement with Wyndham.

- Fully furnished, Unit Title

- 28m2 Studio Hotel Apartment with kitchenette and laundry facilities

- Lease term: 30 years (15+5+5+5 commercial lease) - commenced 2020

- Guaranteed annual income with 2% annual increase from year 3

- 10 days free owner use per annum

The LQ by Wyndham is a 4-star hotel just a few minutes from Queenstown Airport and next to the Remarkables Park Shopping Centre. Hotel Amenities include reception, café, gym, ski & bike storage, mountain transport, free parking and free wi-fi.

Price: $270,000 (+ GST if any)

An easy, entry level investment opportunity in Queenstown, call today for more information.

Location

Estimate update: 2024 05Data Disclaimer
Due to limited data samples, we are unable to provide estimating information for this property
Due to limited data samples, we are unable to provide estimating information for this property
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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remarkables Primary School
1.58 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
St Joseph's School (Queenstown)
6.70 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

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Ref:QT7579Last update:2024-03-15 15:18:51