10 Marina Drive, Queenstown, Queenstown Lakes

Residential Apartment Block

- Fully tenanted on long term basis
- Returning approximately $130,000 per annum
- Five studio apartments (1 bed/1 bath)
- Five two bedroom apartments (2 bed/1 bath)
- Shared coin laundry
- Full furniture package
- Solid construction
- Off street parking for 17 vehicles (eight covered)


This three year old modern and stylish block of residential apartments is offered for sale as one property. All council development contributions have been paid, substantially reducing the cost of any further subdivision of the property. With stunning views of Lake Wakatipu and the Remarkables, this strategic location within five minuets drive from central Queenstown, Queenstown International Airport, and Frankton shopping area makes the property highly sought after by tenants.
Quality purpose-built with damage resistant materials including high-impact walls, doors, kitchen cabinetry and artificial stone bench tops, ensuring extended resistance to wear and tear, and lower maintenance requirements. There is no doubt that well-positioned long term passive investments of this calibre are hard to find in Queenstown. The hard work is done- this is a great opportunity for a prudent investor with an eye for the future.

For sale: $1,790,000
View: By appointment

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