Back 204 A&B/16 Mountain Ash Drive
Off Market

204 A&B/16 Mountain Ash Drive

Frankton Otago

2
2
2
85 m²
House
Esteban SanguinetiEsteban Sanguineti, last sold this property on 04 November 2025 after 34 days on market.

Overview

One Title, Two Incomes, Two Carparks! $$$

This is a rare chance to secure a high-yield investment or a flexible home-plus-income property in the heart of Frankton. This spacious dual key apartment (approx. 85m² including balconies) is cleverly designed as two fully self-contained, fully furnished units with separate entrances: Features: • Shared foyer with private entrances to each unit • Full kitchens with oven, cooktop, dishwasher & ample storage • Laundry facilities in both bathrooms • Private balconies off each unit • Two car parks • Sold fully furnished and move-in/rent-ready • North-facing with all-day sun and panoramic views of Coronet Peak, Crown Range & Cecil Peak The apartment is perfectly positioned just a 10-minute walk from Remarkables Park shopping centre and the new cinema, while Five Mile Shopping Centre with Kmart, Pak'nSave and a wide range of retail options is only a 10-minute drive away. The complex is surrounded by scenic walking and cycling tracks, and with a bus stop right outside, it offers excellent convenience for both tenants and commuters. Why This Property? • Two income streams from day one • Live in one unit, rent the other - ideal for first-home buyers • High rental demand in a prime location • Affordable entry into the Queenstown market with proven returns As a former building manager for the complex and senior property manager with extensive experience in Queenstown Body Corps, Esteban can offer investors in-depth knowledge and guidance. Our Queenstown team is well placed to answer any questions you may have about returns, demand, or rental options. Contact Us Today: Esteban Sanguineti - Queenstown-based Broker Owner & Licensed Salesperson: 021 207 8959 Cory McVicar - Queenstown-based Licensed Salesperson: 021 455 345

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
85 m² floor area
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Frankton over the last 12 months, the estimated median property value of 204 A&B/16 Mountain Ash Drive is $842.5k.

Median value
$842.5k
Estimated value range
$774k - $1.25m
Median days on market
33
Estimated value trend
-4%
decrease 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 204 A&B/16 Mountain Ash Drive

2025
Sold
Undisclosed
04 Nov 2025 by Esteban Sanguineti, of RE/MAX Revolution

Happy sellers in Frankton

95%
95% 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 44 reviews in Frankton over the last 12 months.

Local market activity for 2 bedroom houses in Frankton

In the last 12 months, 11 two-bedroom houses similar to 204 A&B/16 Mountain Ash Drive, have been sold.

This represents a 500% decrease in two-bedroom houses sales when compared to the previous 12 months.

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