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Queenstown

13/159 Gorge Road, Queenstown, Queenstown Lakes

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110sqm Floor area

Auction

(unless sold prior)

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

Auction
(unless sold prior)

Sofitel Hotel, 8 Duke Street, Queenstown

25

Oct

Time2pm
Calander
Calendar
Wayne Cafe

Wayne Cafe


Arrowtown Realty Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Area


New growth area

Fixed lease


Fixed lease to July 2021 with tenant keen to renew

Great return


Currently returning $23,536 pa + GST

Profile


High profile end unit