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66 Marina Drive, Frankton, Queenstown-Lakes, Otago, 18 Bedrooms, 18 Bathrooms, House

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66 Marina Drive, Frankton, Queenstown-Lakes, Otago

18
18
636m2
3632m2
HouseListed on Fri Nov 1
luxuryMost Popular

Frankton 18 Bedroom Exceptional Investment Opportunity with Views

Nestled between Queenstown Bay and the vibrant hubs of 5 Mile and Remarkables Park, Marina Lofts presents a unique investment opportunity. Whether you're considering worker accommodation, short-term stays, or residential tenancies, this property caters to all.

Queenstown, renowned as a global tourist hotspot and New Zealand's premier lifestyle destination, drives both high demand for residential accommodation and above-average capital growth expectations. This makes Marina Lofts an exceptional investment prospect.

Offering a substantial land parcel with up to 19 residential units (currently configured as 18 units with 24 beds across two blocks and potential for additional units), Marina Lofts can generate an impressive annual gross income currently estimated at $560,000 to $610,000 (incl of GST if any).

Barfoot & Thompson and Professionals Queenstown are delighted to exclusively offer this outstanding property at 66 Marina Dr, Queenstown.

Location

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School zones

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

Surrounding facilities

Neighborhood and Surrounding Data

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Ref:L31524277Last update:2024-12-09 16:36:03