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1 Tewa Street, Frankton, Queenstown-Lakes, Otago, 5 Bedrooms, 4 Bathrooms, Home & Income
Sat Feb 8 12:00-12:30

Auction14/02, Friday 11:00

1 Tewa Street, Frankton, Queenstown-Lakes, Otago

5
4
2
131m2
Home & IncomeListed on Mon Jan 20
Near Newmortgagee sales

Frankton 5 Bedroom Mortgage buster!

Pay the mortgage off quickly with this home and income in Frankton!

Completed in 2020, the Remarkable Residences is a sought-after development in the heart of Frankton, offering modern living within walking distance to the shops, cafés, and restaurants of Five Mile.

This home and income property features a four-bedroom, three-bathroom main residence, complemented by a separate one-bedroom studio on the ground floor. Whether you’re an investor seeking dual-income potential or a homeowner looking to offset your mortgage, this property provides flexibility and financial benefits.

The ground floor includes a covered car park and a single-car garage, offering convenience and practicality. Additionally, residents can enjoy the beautifully landscaped pocket park at the centre of the development—a tranquil space perfect for relaxation.

As a corner townhouse, this property is an exceptional investment opportunity, ideal for those looking to capitalize on the high demand for rental properties in the area. It’s also well-suited for staff accommodation or as a modern, low-maintenance home in a prime location.

Call Mark or Hope to request an information pack or to book a viewing time.

Location

Auction

Feb14
Friday11:00

Open homes

Feb08
Saturday12:00 - 12:30

Council Data

Last update : 2025 02 05
Improvement value$605,000Reduced by -12% from year 2017
Land value$435,000Increased by 26% from year 2017
CV(Year 2021 Month 09)$1,040,000Reduced by 0% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area159m²
Decade of construction2020
Title896515
Type of titleUnit Title
Legal descriptionUNIT 25 DP 538105 AUS 25A 25B
CouncilQueenstown Lakes
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 25 AND ACCESSORY UNIT 25A, 25B DEPOSITED PLAN 538105
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningSpecial Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remarkables Primary School
1.71 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

Property history

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Surrounding facilities

Tewa Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3 Abbottswood Lane, Lower Shotover
1.44 km
4
3
215m2
Year 2024 Month 11 Day 15
$1,880,000
Council approved
22 Cable Lane, Frankton
0.04 km
4
150m2
Year 2024 Month 10 Day 18
$1,010,000
Council approved
8 Abbottswood Lane, Lower Shotover
1.40 km
4
2
228m2
Year 2024 Month 09 Day 25
$1,610,000
Council approved
3 Batsford Lane, Lower Shotover
1.00 km
5
183m2
Year 2024 Month 09 Day 10
$1,900,000
Council approved
24a Mcbride Street, Frankton
1.35 km
2
150m2
Year 2024 Month 09 Day 04
$960,000
Council approved

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Ref:4483015Last update:2025-01-27 11:05:51