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Frankton investment
A comfortable and tidily presented home and income investment property has come to the market near Frankton; this type of property is highly sought-after in the current wider Queenstown market. The home is laid out as three bedrooms and two bathrooms on the upper two levels, with the lower level flat being a three bedroom / one bathroom configuration with its own separate access. The flat is also connected to the main home by an internal stairway if a new owner prefers one large interconnected dwelling for extended family living.
3 Viscount Lane sits in an elevated position on the hill above the lake and close to Frankton - the location enjoys beautiful water and mountain views. Extensive renovations throughout the property a number of years ago mean it presents in a tidy condition to potential tenants. The upgrades combine with numerous heating sources for comfortable living. With much of the new retail and commercial development for the Queenstown area underway in wider Frankton, demand for good quality rental accommodation in the vicinity is strong.
• Approx. 230sqm home and flat on 559sqm landholding
• Three bed / two bath home with three bed / one bath flat
• Main home has wood burner plus heatpump. Flat has two heat pumps
• Private outdoor area to the rear of the home
View ebook here: bit.ly/31jpejo
Property Details
Ref
- 20587427
Property type
- Home and Income, House
Floor area
- 230 sqm
Land area
- 559 sqm
Rates
-
Local Council: $4,418.56
Regional: $230.30
Capital Value
- $1,180,000
Location 3A and 3B Viscount Lane, Frankton, Queenstown, Otago
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