Sold
Location, income & development potential
First home buyers and investors looking to bolster their rental portfolios will both be drawn to this feature listing, attracted by the popular location, home and income and the scope for improvement or development.
The interior has recently been refurbished by the current vendors and has a highly functional kitchen, a cosy open-plan living area and two bedrooms. Warm and inviting as-is there's definite scope for the new owners to add their own sense of style and personality to the property, increasing the overall value in the process.
This property enjoys dual access from Frankton Road and Perkins Road, and unobstructed views of Lake Whakatipu and the Remarkables complete the appeal. There was previously a resource consent for another dwelling on the bottom half of the section.
The location simply could not be better! Not only is it right next to the marina and the lake, it's just a short drive to both Queenstown CBD and Frankton's Five Mile shopping hub.
Our vendors are committed to the next chapter in their lives and are determined to sell. Properties with the potential to develop are few and far between in Queenstown, and this opportunity is sure to attract considerable interest. Contact us today for further details.
Auction details: Wednesday 9th February 2022 at 12 noon, Colliers, Top Floor, 10 Athol
Street, Queenstown. Unless sold prior.
• Dual-access site (Frankton Road and Perkins Road)
• Home and income
• Lake and mountain views
• Development opportunity
View ebook here: bit.ly/3nIo38c
View video here: youtu.be/7toVzrT6qJM
Property Details
Ref
- 20880937
Property type
- House
Floor area
- 80 sqm
Land area
- 812 sqm
Rates
-
Local Council: 3,898.92
Regional: $252.15
Capital Value
- $640,000
Video
Location 784 Frankton Road, Frankton, Queenstown, Otago 9300
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