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Back 309/24 Frankton Road
Off Market

309/24 Frankton Road

Queenstown Otago

1
1
Unit
Justin ZhongJustin Zhong, last sold this property on 30 March 2026 after 214 days on market.

Overview

Lakeview Investment in the heart of Queenstown

Here is a rare opportunity to secure a hassle-free investment in New Zealand’s tourism capital. This modern apartment, set under a long-term lease with the internationally renowned Ramada Hotel, offers owners guaranteed monthly rental income and stunning views over Lake Wakatipu. As an investor, you’ll enjoy fixed rental payments every month, regardless of occupancy. Whether the apartment is fully booked or not, your income is secure. The Ramada Hotel manages every aspect of the property—from bookings and guest services to cleaning and maintenance—so you can relax knowing your investment is in expert hands. Ownership comes with valuable lifestyle perks too. Each year, you’ll receive 10 complimentary nights at the hotel. That means you and your family can enjoy Queenstown’s attractions while staying in your own property, complete with breathtaking lake and mountain vistas. Ski in winter, explore the lake in summer, or simply unwind in one of the world’s most picturesque settings. Queenstown continues to be one of the most in-demand destinations in New Zealand, with year-round tourism ensuring ongoing demand for high-quality accommodation. Having your investment backed by a global hotel brand like Ramada adds an extra layer of security and confidence, making this an excellent choice for investors seeking passive income and long-term growth. Key highlights include: • Guaranteed monthly rental return under hotel lease. • Professionally managed by Ramada Hotel—hands-off ownership. • 10 free nights each year for personal use. • Premium location with uninterrupted lake views. • Strong Queenstown tourism market supporting ongoing demand. This property is perfect for those seeking a secure, low-maintenance investment with the bonus of personal lifestyle benefits. Opportunities like this don’t come often—an apartment with guaranteed income, fully managed by a trusted brand, and boasting spectacular lake views in Queenstown. Contact me today to learn more and secure your share of Queenstown’s thriving tourism economy.

Features

1 bedroom
1 bathroom
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Queenstown over the last 12 months, the estimated median property value of 309/24 Frankton Road is $570k.

Median value
$570k
Estimated value range
$542k - $614k
Median days on market
33
Estimated value trend
47%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Queenstown. 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 309/24 Frankton Road

2026
Sold
30 Mar 2026 by Justin Zhong, of Barfoot & Thompson - Albany

Happy sellers in Queenstown

74%
74% 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 1 bedroom units in Queenstown

In the last 12 months, 3 one-bedroom units similar to 309/24 Frankton Road, have been sold.

This represents a 100% decrease in one-bedroom units 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 Queenstown

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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)
  •  13 Reviews in Queenstown
  •  15 Sales in Queenstown
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Amelia Cross

Amelia Cross is a recommended agent for Queenstown.  They have 1 local sale and collected 13 local reviews across the last 12 months.

  •   5   (57 reviews)
  •  13 Reviews in Queenstown
  •  1 Sale in Queenstown
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Deni Bevin

Sellers who recommend Deni Bevin have praised them for being local expert, clear communication, honest, responsive, supportive, dedicated and friendly

  •   5   (125 reviews)
  •  8 Reviews in Queenstown
  •  5 Sales in Queenstown
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David Penrose

David Penrose is a recommended agent for Queenstown.  They have 4 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (16 reviews)
  •  6 Reviews in Queenstown
  •  4 Sales in Queenstown
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