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Exponential income potential
Take your time to understand the scope of this unique investment or home and income offering. With a total of eight bedrooms across the property, encompassing the original home and a more recent addition of a residential flat, the maths equates to a lucrative property now and into the future.
A consistently high-yielding performer for the current owners, fixed tenancies are in place for a purchaser to continue the existing arrangement. The upper level home with broad deck plays host to four bedrooms and two bathrooms, while the lower level flat also has four bedrooms and two bathrooms. Classic Fernhill views reach all the way to The Remarkables, taking in downtown Queenstown and Lake Wakatipu in-between.
Multiple outdoor living options are designed to be low-maintenance for a hands-off investment. Positioned just a five minute drive to the CBD, it's two minutes' walk from the bus stop and Fernhill's shop and eateries.
• Large investment or ideal home and income property totalling eight bedrooms and four bathrooms
• Comfortable living with multiple heating options
• Recent paint upgrades have freshened up some interior spaces
• Multiple off-street parks to accommodate both units
View ebook here: bit.ly/3jCfdEA
View 3D walkthroughs here:
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Property Details
Ref
- 20535903
Property type
- Home and Income, House
Floor area
- 250 sqm
Land area
- 569 sqm
Rates
-
Local Council: $4,484.25
Regional: $240.54
Capital Value
- $1,250,000
Location 6 Wynyard Crescent, Fernhill/Sunshine Bay, Queenstown, Otago
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