Back 402 Frankton Rd
Off Market

402 Frankton Rd

Queenstown Otago

6
4
496 sq.
House
Last sold for $1,520,000
Ting XieTing Xie, last sold this property on 04 September 2024 after 105 days on market.

Overview

Investment goldmine

This exceptional investment opportunity at 402 Frankton Road is perfect for savvy investors seeking guaranteed returns. The property's unique flexibility allows you to customize spaces to meet your needs and those of your guests. It features a dual-key, four-bedroom, two-bathroom house, along with a solid-built 'Modbox' at the rear that offers scenic lake views and a premium location. The Modbox includes two separate studio bedrooms, each with its own en-suite bathroom and kitchenette, ensuring privacy and convenience. The inviting outdoor living area, complete with a fire pit and luxurious spa, is perfect for relaxation and entertaining. Inside, a cozy fireplace adds warmth and charm to the living space, creating a perfect ambiance for chilly evenings. This property offers endless possibilities: flexibility for long-term and short-term rentals, or a combination of both, living in part of the property while renting out the rest, or renting individual rooms. It supports various lifestyle and income-generating options, underpinned by a freehold title to secure your investment. No matter how you choose to use it, you can be confident of substantial rewards! Conveniently located between the vibrant hubs of Queenstown and Frankton, the property is close to bus stops, providing easy access to all amenities. Fully furnished and ready for immediate occupancy or rental, this turnkey solution is an opportunity not to be missed. Own this incredible property and enjoy both financial returns and a wonderful living experience!

Features

6 bedrooms
4 bathrooms
496 sq. lot size
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Queenstown over the last 12 months, the estimated median property value of 402 Frankton Rd is $2.42m.

Median value
$2.42m
Estimated value range
$1.85m - $2.5m
Median days on market
50
Estimated value trend
39%
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 402 Frankton Rd

2024
Sold
$1,520,000
Sold After Auction on 04 Sep 2024 by Ting Xie, of Bayleys Queenstown - Queenstown | Frankton | Southern NZ Realty Ltd
2020
Sold
$1,198,000
17 Dec 2020 by Megan Osborne, of Harcourts Queenstown
2016
Sold
$665,500
19 May 2016 by Warwick Osborne

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 60 reviews in Queenstown over the last 12 months.

Local market activity for 6 bedroom houses in Queenstown

In the last 12 months, 4 six-bedroom houses similar to 402 Frankton Rd, have been sold.

This represents a 33% decrease in six-bedroom houses 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent