Remarkable FHGC opportunity in Queenstown

62 Shotover street, Queenstown

Asking Price NZD $3,885,000

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Remarkable FHGC opportunity in Queenstown | 62 Shotover street, Queenstown | 4503046 |      X Close

Remarkable FHGC opportunity in Queenstown

We offer four freehold units, all located in The Queenstown Bay Centre. This unique location offers a plethora of potential business uses including the fully consented, 365 day visitor accommodation business which is currently operating. Return on investment is 12.5% gross for 2019 approximately.

All units have:-

-Freehold Titles

-Amazing balconies with either close water views right on beautiful Earnslaw Park, or big town views from Ben Lomond Reserve around past the The Skyline, and up to Queenstown Hill.

-Being sold free of management contract, with forward bookings in place

-Full management option available from Silver Skies Property Services, if purchasers wish

-You can live in this amazing 'in town' location yourself, or use as your private penthouse

-Commercial zoning

All apartments have very similar configurations and are fully furnished right down to the coffee machine. Each has a utility room providing excellent storage options, or could even be converted into a second small bathroom or ensuite. Unit 7 has a bath, all the other units have showers.

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62 Shotover street, Queenstown

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