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002/16 Mountain Ash Drive, Frankton, Queenstown

Invest Today. Nest Tomorrow. Furnished 5% yield!

dollar

Asking Price $600,000

Apartment
Apartment
Bedroom
1
Bathroom
1
Floor area
51m2
Covered park
1
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Property details

Listing # L43284744 | Listed on 22 October

Getting onto the Queenstown property ladder isn't always easy, and finding a low-maintenance investment that's already furnished and generating rental income is an opportunity worth considering.

Whether you're ready to stop renting, looking to downsize without compromising on convenience, or wanting to add a high-yielding, tenanted property to your investment portfolio, this north-facing apartment could be exactly what you've been waiting for.

Positioned on the ground floor of the LQ Queenstown apartments, this fully furnished one-bedroom, one-bathroom property offers approximately 51m² of thoughtfully utilised space, including a private balcony and an allocated car park. Inside, the practical open-plan layout brings together the kitchen, dining and living areas, complemented by a spacious double bedroom.

The ground-floor position adds another layer of everyday convenience, particularly for those looking to downsize or enjoy easier access as their needs change over time.

Located in the heart of Frankton, with Five Mile Shopping Centre, Queenstown Central, Remarkables Park and Queenstown Airport all within easy reach, the apartment puts everyday essentials close by and makes day-to-day living that much more convenient.

Then there's the flexibility. For first-home buyers, it's a chance to get a foot on the property ladder with the added convenience of furnishings already in place. For downsizers, it's an opportunity to enjoy a simpler lifestyle with less upkeep.

Currently tenanted, the apartment also offers flexibility around your plans. You could purchase now as an investment, benefit from rental income while you're not ready to move in, and make it your own home further down the track. Alternatively, if you're looking to move in sooner, vacant possession may also be an option, subject to tenancy arrangements.

Get in touch with our agents today for further information or to arrange a private viewing.

Caitlin Galbraith (Queenstown-based) - 0275468280
Esteban Sanguineti (Queenstown-based) - 0212078959

***In-Depth Knowledge: As a former building manager for the complex and senior property manager with extensive experience in Queenstown Body Corps, Esteban can offer investors and first home buyers in-depth knowledge and guidance. Our Queenstown team is well placed to answer any questions you may have about returns, tenancies, securing finance for first home buyers, and more!***

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Additional features

Other park
1 other park
Rates
Levy: $3,813.06 per annum

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