24 Camp Street, Queenstown, Queenstown Lakes

Generational trophy investment

• Split-risk freehold commercial investment returning $378,765 net p.a.
• Rare passive asset in Queenstown's tightly held “Golden Square."
• Well-presented commercial building originally constructed for ASB
• Diversified tenant-mix underpinning the property's fundamental strengths

Positioned on a 250sqm freehold site in the heart of the Queenstown CBD, this is an unrivalled opportunity to purchase a split-risk commercial investment in Queenstown, tightly held “Golden Square." Offering a tenant mix of retail and entertainment use, the property currently generates a net annual income of $378,765 plus GST. Originally constructed for the ASB bank in 2001, the appealing design allows for two modern tenancies, which both benefit from the strategic location and high levels of foot traffic. Surrounded by a mix of national and international businesses, this vibrant location continues to experience consistent growth and is extremely well-positioned for the future.

It is seldom that a property of this calibre is For Sale in the Queenstown CBD. Given the underlying fundamentals of the building and prime location, this opportunity is not to be missed.

For further information, please contact :

William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

Henry Napier
+64 21 024 64785
henry.napier@bayleys.co.nz