Back 412/18 Towne Place
Off Market

412/18 Towne Place

Frankton Otago

1
1
27 m²
Apartment
Carolyn HillCarolyn Hill, last sold this property on 14 October 2026 after 34 days on market.

Overview

Get paid to party in Queenstown!

Own a top floor apartment that you, friends or family, can use free every year for 10 nights, just 500m from the heart of Queenstown. With guaranteed income every month irrespective of occupancy, this smart studio offers the quality and facilities you would expect at Ramada Suites by Wyndham, their NZ flagship property. Sounds too good to be true? It’s not. This premium hotel environment has a 4-star Silver Qualmark rating, and excellent guest facilities including Loco Cabina by Franks, a 24-hour gym, plus ski storage and drying room. The studio (door 413) has a kitchenette and a washing machine & dryer. This premium location is not only super close to town, but it’s on the Airport and ski area shuttle routes, in a safe walk anywhere neighbourhood. This is an expertly managed, hands-off, hotel investment. It comes with guaranteed income offering an easy income stream and peace of mind, with the life-style benefit of being able to use yourself for 10 days annually. Listing at below GV value, and including a year of free Body Corp fees, this excellent investment opportunity will not last long, so don’t delay and miss out!

Features

1 bedroom
1 bathroom
27 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankton over the last 12 months, the estimated median property value of 412/18 Towne Place is $520k.

Median value
$520k
Estimated value range
$250k - $610k
Median days on market
35
Estimated value trend
-7%
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 412/18 Towne Place

2026
Sold
Undisclosed
14 Oct 2026 by Carolyn Hill, of Bayleys Frankton (Queenstown and Southern NZ Realty Ltd)

Happy sellers in Frankton

86%
86% 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 37 reviews in Frankton over the last 12 months.

Local market activity for 1 bedroom apartments in Frankton

In the last 12 months, 7 one-bedroom apartments similar to 412/18 Towne Place, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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