205 & 206/24 Hawthorne Drive

Frankton Waikato

56 m²

Apartment

Currently for sale - view listing

Overview

Managed Apartment with Fixed Rent and Free Stays!

(PRICED REDUCED - Only $429,000 + GST (If Any) - You won't find any better return than this! A 100% hands-off investment with an irresistible bonus - enjoy 10 free nights in beautiful Queenstown every year for you and your family. Don't miss this opportunity to secure a dual key hotel apartment in Queenstown's thriving market. The flexible dual key layout allows this unit to be rented as a Studio and a 1-Bedroom Unit, or as a full two-bedroom Apartment. Fully managed and professionally run by the hotel administration. Located just minutes from Queenstown Airport, major retail centres, and the ski fields, it's a prime spot for both short and long-term rentals. Enjoy secure access, dedicated parking, and hassle-free returns 4% rent increase every 4 years according to lease agreements ( latest rent increase in 2026) Rental gross . $39,499.32 p.a Rate $6,731 p.a Body Coperate $8,352.03 p.a Property comes furnished you can't get better deal than this! An excellent investment with strong growth potential and reliable returns. Motivated vendors - this is a deal too good to miss.