13/159 Gorge Road, Queenstown, Queenstown Lakes

Queenstown commercial portfolio starter

The leap into a commercial investment is just a small step with this tidy and easy-to-own, hands off property investment in Queenstown. The Gorge Rd area is on a fast re-vitalisation growth curve with a new sold-out residential development under construction, a planned new hotel and a large affordable housing complex also on the cards.

With this investment property in your portfolio you will truly feel a part of Queenstowns newest growth phase.

• 110sqm investment property with two titled carparks
• Net Return is $22,915 pa + GST.
• Fixed lease to July 2021 with tenant keen to renew
• High profile end unit
• Surrounded by established operators and good carparking
• New growth area
• Rateable Value $400,000