Sold
Rent or reside
Take the first step into property ownership or add this neat unit to your rental portfolio - either way, the future is bright. At an entry-level price for its Frankton location, it's close to the lake and handy to the area's sporting amenities and transport hub.
Compact yet comfortable, residents will enjoy the lake and mountain views from the living area and balcony. Totally self-contained, the studio has a neat patio to the fore. Consider the options for letting long-term or look at the possibility of running as a holiday let due to the land's Visitor Accommodation sub-zoning (subject to council consent).
• Studio unit in Frankton
• Total legal unit title area comprises of approx. 35sqm floor area and 12sqm patio
• Superb location across from the lake and handy to shops
• Easy renter or first step on the property ladder
• Currently tenanted with residents keen to stay on
View ebook here: bit.ly/2vDVtgp
Property Details
Ref
- 20404543
Property type
- Unit
Floor area
- 35 sqm
Rates
-
Local Council: $2,369.36
Regional: $98.54
Capital Value
- $290,000
Body corp
- $1326.92 per annum
Location 51/4 Lake Avenue, Frankton, Queenstown, Otago
Get more info
Learn more about this property listing by contacting one of our experts.