Sold Property

402 Frankton Road, Queenstown, Central Otago / Lakes

  • 496
  • 6
  • 4
  • 4

$1,198,000

SOLD - SOLD

Sold by Megan Osborne & Jaiden Direen

This opportunity is better than money in the bank! If you are a savvy investor, this is for you! With proven returns on your capital, don't hesitate to make an offer as this will be SOLD soon!

Sitting on one freehold title, consisting of a dual key four bedroom house, plus an additional recently built 'Modbox' building to the rear with two separate studio bedrooms both with en-suite.

Much better than money in the bank, 402 Frankton Road has visitor accommodation resource consent in place, lake views, is modern and will give you the cash flow holiday home you are after. It has been cleverly developed for multiple use cases, open up or close down depending on the needs of owners and visitors. Equal distance between Queenstown and Frankton, views & great off-street parking.

Use as visitor accommodation, Rent on separate income streams, Live in and rent out, home and income or rent by the room. Options galore.

However you decide to operate this property, make no mistake as it will reward you!

In a sought after area close to the bus stop, recreation lakeside tracks and easy access to everywhere. Absolute turn key, fully furnished and ready immediately for the new owner.

With the neighboring property (396 Frankton Road) up for sale too, this could also be a rare chance to secure dual land holdings to produce ultimate cash flow.

We encourage you to get in touch today for a confidential chat, viewing and detailed information pack. Property ID: #QT6918

Show More

Sold Date

  • 20 January, 2021

Property features

  • Property Type: House, Block of units, Home & income
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Contemporary
  • Garaging / carparking: Off street
  • Joinery: Aluminium
  • Flooring: Floating and Carpet
  • Window coverings: Drapes, Shutters, Blinds
  • Heating / Cooling: Woodfire (Closed), Heat pump, Air Conditioning, Gas bottled, Electric
  • Chattels remaining: Blinds, Fixed floor coverings, Curtains, Fully furnished - refer to chattels list
  • Kitchen: Modern, Open plan, Dishwasher, Separate cooktop, Separate oven, Rangehood and Microwave
  • Living area: Open plan
  • Main bedroom: Double and Balcony / deck
  • Ensuite: Separate shower
  • Bedroom 2: Double
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Bedroom 5: Double and Built-in / wardrobe
  • Bedroom 6: Double and Built-in / wardrobe
  • Additional rooms: Mezzanine
  • Main bathroom: Separate shower, Exhaust fan, Heater
  • Laundry: In kitchen
  • Views: Water, Urban
  • Aspect: South
  • Outdoor living: Entertainment area (Uncovered), Spa, BBQ area (with lighting)
  • Fencing: Partial
  • Land contour: Flat to sloping
  • Grounds: Tidy, Backyard access
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops, Close to schools
  • Video Tour URL: https://youtu.be/ZXGiCJXrYA0
Read More

Office

Harcourts Queenstown

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 496
  • 6
  • 4
  • 4

Sold Property

402 Frankton Road, Queenstown, Central Otago / Lakes

$1,198,000

SOLD - SOLD

Sold by Megan Osborne & Jaiden Direen

This opportunity is better than money in the bank! If you are a savvy investor, this is for you! With proven returns on your capital, don't hesitate to make an offer as this will be SOLD soon!

Sitting on one freehold title, consisting of a dual key four bedroom house, plus an additional recently built 'Modbox' building to the rear with two separate studio bedrooms both with en-suite.

Much better than money in the bank, 402 Frankton Road has visitor accommodation resource consent in place, lake views, is modern and will give you the cash flow holiday home you are after. It has been cleverly developed for multiple use cases, open up or close down depending on the needs of owners and visitors. Equal distance between Queenstown and Frankton, views & great off-street parking.

Use as visitor accommodation, Rent on separate income streams, Live in and rent out, home and income or rent by the room. Options galore.

However you decide to operate this property, make no mistake as it will reward you!

In a sought after area close to the bus stop, recreation lakeside tracks and easy access to everywhere. Absolute turn key, fully furnished and ready immediately for the new owner.

With the neighboring property (396 Frankton Road) up for sale too, this could also be a rare chance to secure dual land holdings to produce ultimate cash flow.

We encourage you to get in touch today for a confidential chat, viewing and detailed information pack. Property ID: #QT6918

Property Features

  • Property Type: House, Block of units, Home & income
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Contemporary
  • Garaging / carparking: Off street
  • Joinery: Aluminium
  • Flooring: Floating and Carpet
  • Window coverings: Drapes, Shutters, Blinds
  • Heating / Cooling: Woodfire (Closed), Heat pump, Air Conditioning, Gas bottled, Electric
  • Chattels remaining: Blinds, Fixed floor coverings, Curtains, Fully furnished - refer to chattels list
  • Kitchen: Modern, Open plan, Dishwasher, Separate cooktop, Separate oven, Rangehood and Microwave
  • Living area: Open plan
  • Main bedroom: Double and Balcony / deck
  • Ensuite: Separate shower
  • Bedroom 2: Double
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Bedroom 5: Double and Built-in / wardrobe
  • Bedroom 6: Double and Built-in / wardrobe
  • Additional rooms: Mezzanine
  • Main bathroom: Separate shower, Exhaust fan, Heater
  • Laundry: In kitchen
  • Views: Water, Urban
  • Aspect: South
  • Outdoor living: Entertainment area (Uncovered), Spa, BBQ area (with lighting)
  • Fencing: Partial
  • Land contour: Flat to sloping
  • Grounds: Tidy, Backyard access
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops, Close to schools
  • Video Tour URL: https://youtu.be/ZXGiCJXrYA0
Show More

Sold Date

  • 20 January, 2021

Megan Osborne Harcourts Queenstown

Jaiden Direen Harcourts Queenstown

Request Live Stream Inspection
Harcourts Queenstown

Office Harcourts Queenstown Licensed under REAA 2008

Map Location

Get Directions

Need to sell before you Buy?

Need to sell before you Buy?

If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.