RateMyAgentGo to search
Back 120/4 Lake Avenue
Off Market

120/4 Lake Avenue

Frankton Otago

1
1
24 m²
Apartment
Keeley AndersonKeeley Anderson, last sold this property on 03 November 2025 after 19 days on market.

Overview

Premium End Unit with Panoramic Lake Views

The previously sold-out block at HQ Apartments has a rare opportunity back on the market - Unit 120, the most desirable and private top-floor studio, is now available as the current owner relocates. Perfectly positioned at the end of the block, this premium studio enjoys uninterrupted lake and mountain views, great natural light, and enhanced privacy. With a soaring cathedral ceiling and an open layout, it offers a heightened sense of luxury without the seven-figure Queenstown price tag. Originally built as luxury accommodation and fully renovated in 2011, this self-contained studio blends style, comfort, and functionality. The design includes a queen bed area, built-in wardrobe, and a cosy seating nook, with a sun-drenched deck extending the living space and capturing sweeping lake and mountain vistas. The modern kitchen is well-appointed with excellent storage, a two-burner ceramic hob, microwave convection oven, and fridge-freezer, while the stylish ensuite and Rinnai gas heating ensure comfortable, efficient living year-round. Enjoy the convenience of ample off-street parking and a communal laundry, all within an unbeatable lakeside setting. Positioned above Frankton Beach and reserve, you'll love having easy access to swimming, paddleboarding, and lakeside walks, while the marina dining precinct, Hilton Hotel, Queenstown Airport, local shops, and bus routes are all within easy reach. The Remarkables Ski Field is also just a short drive away for winter adventures. With a proven rental history and strong demand for these highly sought-after units, this premium end apartment represents an exceptional investment, an ideal lock-and-leave holiday base, or an affordable way to secure a slice of Queenstown's lakeside lifestyle. Opportunities like this don't come twice - Unit 120 is available now but won't last long. Contact Keeley or Niki today to arrange a private viewing and see why this standout apartment is the pick of the block. See www.tallpoppy.co.nz for the property pack and to 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 120/4 Lake Avenue is $570k.

Median value
$570k
Estimated value range
$560k - $602k
Median days on market
50
Estimated value trend
133%
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 120/4 Lake Avenue

2025
Sold
03 Nov 2025 by Keeley Anderson, of Tall Poppy Real Estate - Otago
2025
Sold
$435,000
Private Sale (EOI) on 30 Apr 2025 by Keeley Anderson, of Tall Poppy Real Estate - Otago

Happy sellers in Frankton

94%
94% 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 43 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 120/4 Lake Avenue, have been sold.

This represents a 75% 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

placeholder
Esteban Sanguineti

Esteban Sanguineti is a recommended agent for Frankton.  They have 13 local sales and collected 10 local reviews across the last 12 months.

  •   5   (11 reviews)
  •  10 Reviews in Frankton
  •  13 Sales in Frankton
View profile
placeholder
Mel Carter

Mel Carter is a recommended agent for Frankton.  They have 9 local sales and collected 6 local reviews across the last 12 months.

  •   5   (9 reviews)
  •  6 Reviews in Frankton
  •  9 Sales in Frankton
View profile
placeholder
Kate Law

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

  •   5   (46 reviews)
  •  6 Reviews in Frankton
  •  5 Sales in Frankton
View profile
placeholder
Megan Osborne

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

  •   5   (134 reviews)
  •  5 Reviews in Frankton
  •  7 Sales in Frankton
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap