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Frankton

66 Marina Drive, Frankton, Queenstown Lakes

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3,632sqm Land area SQM
363sqm Floor area
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Multi-unit accommodation - explore the options


• 3,632sqm fee simple landholding overlooking Lake Wakatipu
• 18 tidy units offering various configurations
• Holding income provides flexibility for a range of purchasers
• Unrivalled investment location in a prime tourism region
This superbly located, multi-unit accommodation facility presents a rare opportunity for either owner-operators or investors to establish themselves in arguably New Zealand's premier tourism destination. The property comprises 18 units across two standalone buildings. These modern units offer a mix of studio and two-bedroom configurations. Each unit is allocated at least one sealed car park, with a total of twenty-four on-site.
Positioned on Queenstown Hill, the property enjoys stunning views of both Lake Wakatipu and The Remarkables. This strategic location also offers convenient access to the township, a variety of local amenities, and Queenstown International Airport.
This is an exceptional offering with a range of opportunities to explore - an attractive prospect for both owner-operators and astute investors.
The property is to be sold via Deadline Private Treaty (unless sold prior) closing at 4pm, Thursday the 14th of August at Bayleys Frankton, 311 Hawthorne Drive, Frankton, Queenstown.

For Sale by Deadline Private Treaty
(unless sold prior)

311 Hawthorne Drive, Frankton, Queenstown

14
Aug

Time4pm
Calander
Calendar
William Gubb

William Gubb

Industrial Sales and Leasing

Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Ken Hu

Ken Hu

Commercial, Development and Investment Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Damien Bullick

Damien Bullick

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Zoning


3,632sqm fee simple landholding overlooking Lake Wakatipu

Floor area details


Eighteen (18) tidy units offering various configurations

Passing income


Holding income provides flexibility for a range of purchasers

Opportunity


Unrivalled investment location in a prime tourism region

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