Brand new commercial in prime Frankton location

. Six architecturally designed two-level units ranging in size between 146sqm - 229sqm (more or less)
. Dual key configuration - ideal for both owner-occupiers and investors
. Strategic location in the heart of Frankton with excellent access to amenities and transport networks
. Master planned precinct comprises a mixture of commercial, residential and visitor accommodation

This high-quality development is an extremely rare opportunity to purchase a two-level commercial premises in a desirable Queenstown location. There are six freehold properties in total with sizes ranging from 146sqm - 229sqm (more or less). The architectural design provides excellent versatility and will suit a range of retail/showroom, office and service-based uses. The split-level configuration will provide options to occupy fully or partly with income, and for investors to accommodate more than one tenant in a location with proven demand.

Strategically located in Frankton, this commercial development will provide convenient access to transport networks and a variety of local amenities, which include Five Mile and Queenstown Central. The development forms part of the larger Waipuna Rise precinct, a dynamic master-planned mix of residential, commercial and visitor accommodation that will be supported by excellent infrastructure and amenities.

The Queenstown commercial market remains tightly held with low vacancy, huge tenant demand, and limited opportunities for occupiers. With limited properties remaining, this opportunity will not last.

Waipuna Rise Freehold availability list :

Building 2: 229sqm (approx.) - SOLD
Building 3: 210sqm (approx.) - $2,290,000 + GST (if any)
Building 4: 148sqm (approx.) - UNDER CONTRACT
Building 5: 151sqm (approx.) - $1,639,000 + GST (if any)
Building 6: 146sqm (approx.) - UNDER CONTRACT
Building 7: 152sqm (approx.) - $1,639,000 + GST (if any)

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