Frankton - Queenstown 32 Stewart Street, Frankton, Queenstown, Otago 9300

  • 6
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Sold

Income generator

Owners want action! A substantial property with plenty of flexibility and solid income - as an addition to a rental portfolio this big property is hard to beat. It meets every criteria for a high-returning investment, including ample parking and a location that's got huge appeal.

Split into two levels, upstairs multiple rooms are currently being rented out on a room by room basis and there are two bathrooms. There's a generous living space and sunroom with views down the Frankton Arm of Lake Wakatipu. Downstairs is a self-contained two bedroom unit.

Currently the home is rented out and returning approx $1500 per week to the owners. The tenancy is operated via a management company, offering hassle-free returns. Looking to the future, there's scope to add value to your investment.

Sunny, private and sheltered, the property's handy to the shops, sporting amenities, schools and airport. 300sqm of home on an 843sqm landholding - opportunities like this don't come along often.

• Six bedroom, three bathroom home, currently rented out
• Oversize double garage
• Income generator in prime location

View ebook here: bit.ly/2YUcXiU
View video here: youtu.be/H83-99DWHW0

Property Details

Ref

  • 20382196

Property type

  • Home and Income, House

Floor area

  • 300 sqm

Land area

  • 843 sqm

Video

Location 32 Stewart Street, Frankton, Queenstown, Otago 9300

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