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Multi-unit accommodation - explore the options

66 Marina Drive, Frankton

Investment Opportunities
dollar

Negotiation

Floor area
714m2
Land area
3632m2
Title type
Freehold
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Property details

Listing # 4483291 | Listed on 11 July
  • 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.

To be sold by Deadline Private Treaty (unlsee sold prior), closing at 4pm, Thursday the 14th of August at Bayleys Frankton, 311 Hawthorne Drive, Frankton, Queenstown.

Call now for further information. Please contact:
William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz

Ken Hu
+64 021 117 7288
ken.hu@bayleys.co.nz

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

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