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Back 102/4 Lake Avenue
Off Market

102/4 Lake Avenue

Frankton Otago

1
1
24 m²
Apartment
Last sold for $465,000
Keeley AndersonKeeley Anderson, last sold this property on 09 June 2026 after 15 days on market.

Overview

Lake Views, Furnished & Surprisingly Affordable!

Perfect for first home buyers, investors, airport staff, or those seeking an affordable Queenstown base, unit 102 at HQ Apartments offers the rare chance to secure lake views and an enviable lifestyle without the seven-figure price tag. Positioned above Frankton Beach and reserve in one of Queenstown’s most sought-after locations, this stylish studio apartment combines convenience, comfort, and strong rental appeal at a fraction of Queenstown’s median house price. Inside, the thoughtfully designed studio layout maximises both space and functionality. Modern interiors are complemented by full insulation, double glazing, efficient gas Rennai heating, and completely upgraded electrical and plumbing systems for year-round warmth and comfort. The clever configuration accommodates a queen bed with built-in wardrobe and storage solutions, along with room for a two-seater couch or occasional chairs. A compact yet highly practical kitchen includes generous storage, a two-burner induction hob, microwave convection oven, and fridge freezer, while the contemporary ensuite creates a fully self-contained living option ideal for owners or tenants alike. Large sliding doors open seamlessly to the sun-soaked deck, where breathtaking lake and mountain views take centre stage. Outside, residents enjoy an unbeatable lifestyle location just moments from Frankton Beach, the marina dining precinct, Hilton Hotel, airport, shops, public transport, and walking trails. Whether it’s summer swims, paddleboarding, boating, or easy winter access to The Remarkables ski field, adventure and convenience are right on your doorstep. With a proven history as a high-demand rental and potential for visitor accommodation (subject to council consent), this is a smart opportunity for buyers wanting to enter the Queenstown market, secure a lock-and-leave holiday base, or expand their investment portfolio. Affordable properties with views, location, and flexibility like this are increasingly hard to find. Don’t miss your chance to enjoy the Queenstown lifestyle for a fraction of the usual price. Contact Keeley or Niki today to view, or head to www.tallpoppy.co.nz to download the property pack and make an offer.

Features

1 bedroom
1 bathroom
24 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankton over the last 12 months, the estimated median property value of 102/4 Lake Avenue is $570k.

Median value
$570k
Estimated value range
$255k - $610k
Median days on market
34
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 102/4 Lake Avenue

2026
Sold
$465,000
09 Jun 2026 by Keeley Anderson, of Tall Poppy Real Estate - Otago
2025
Sold
$405,000
Private Sale (EOI) on 01 Apr 2025 by Keeley Anderson, of Tall Poppy Real Estate - Otago

Happy sellers in Frankton

88%
88% of sellers in Frankton reported that their sale price either exceeded or met their price expectations.

Frankton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Frankton over the last 12 months.

Local market activity for 1 bedroom apartments in Frankton

In the last 12 months, 7 one-bedroom apartments similar to 102/4 Lake Avenue, have been sold.

This represents a 33% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankton

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Esteban Sanguineti

Esteban Sanguineti is a recommended agent for Frankton.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  8 Reviews in Frankton
  •  11 Sales in Frankton
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Kate Law

Sellers who recommend Kate Law have praised them for being clear communication, local expert, responsive, dedicated, friendly, supportive and well-prepared

  •   5   (55 reviews)
  •  6 Reviews in Frankton
  •  8 Sales in Frankton
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Megan Osborne

Sellers who recommend Megan Osborne have praised them for being clear communication, local expert, supportive, responsive, reliable, honest and dedicated

  •   5   (124 reviews)
  •  4 Reviews in Frankton
  •  7 Sales in Frankton
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Feleki Uhrle

Sellers who recommend Feleki Uhrle have praised them for being clear communication, local expert, dedicated, supportive, honest, detail-oriented and reliable

  •   5   (74 reviews)
  •  4 Reviews in Frankton
  •  2 Sales in Frankton
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