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18B & 19B/135 Hallenstein Street

Queenstown Otago

2
2
76 m²
76 m²
Unit
Currently for sale - view listing

Overview

Rare 365VA Dual Key. The Ultimate Airbnb Cash Cow!

An outstanding investment opportunity in a tightly held Queenstown location, this property comprises two one-bedroom units, both with 365VA consent already in place, offering exceptional flexibility and strong income potential. (*365 Visitor Accommodation Consent is the Resource Consent granted by council that allows you to Airbnb your property year-round) Positioned within walking distance to Queenstown Town Centre, the property offers the perfect balance of convenience and privacy, tucked away from the main hustle and bustle while remaining highly appealing to both long-term tenants and short-stay visitors. Both units are compact, practical, and low-maintenance, creating an ideal lock-and-leave investment with minimal ongoing upkeep. Basic furniture packages are also included with both units. Combined with low outgoings and the continued demand for centrally located accommodation in Queenstown, opportunities like this are becoming increasingly rare. Whether you are looking to expand your investment portfolio, maximise Airbnb returns, or secure a property with flexible living and rental options, this is a compelling opportunity in one of Queenstown's most sought-after locations. Both units are currently rented long-term at $550 per week, with one tenancy due to expire soon. This provides the flexibility to renew both long-term tenancies, operate one as an Airbnb while retaining stable rental income from the other, or even live in one unit while renting or Airbnb-ing the second one. To be sold by deadline sale: 26th June, 1:00pm (unless sold prior) Agent's Contact: Esteban Sanguineti (Queenstown-based) - Mobile: +64 21 207 8959 Email: queenstown.enterprise@remax.co.nz A quick note on representation - How many salespeople have never dealt with tenants, contractors, Council requirements, or even a worn out tap washer!? Esteban has worked in property management for over a decade before moving into sales and becoming the owner operator of REMAX Enterprise in Queenstown. After managing portfolios of 100 plus properties, you pick up a lot of practical knowledge that protects investors and saves time, money, and stress. If you want straightforward advice and local insight, give Esteban a call. He is always happy to meet for a chat and share what he knows.

Features

2 bedrooms
2 bathrooms
76 m² floor area
76 m² lot size
Unit

Happy sellers in Queenstown

77%
77% of sellers in Queenstown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 59 reviews in Queenstown over the last 12 months.

Local market activity for 2 bedroom units in Queenstown

In the last 12 months, 2 two-bedroom units similar to 18B & 19B/135 Hallenstein Street, have been sold.

This represents a 72% increase in two-bedroom units sales when compared to the previous 12 months.

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