7/381 Frankton Road

Queenstown Otago

0 m²

Apartment

Currently for sale - view listing

Overview

Top Floor. Front Row. 6% Net Return

Premium Lakefront Investment | Exceptional Income When a premium Queenstown lifestyle investment combines one of the best positions in the complex with exceptional lake and mountain views and a 6% net return after all operating costs, it deserves serious attention. This beautifully presented three-bedroom, dual-key apartment occupies the western end of the top floor of the coveted front row at The Rees Hotel — an outstanding position enjoying spectacular, uninterrupted views across Lake Whakatipu to the mountains beyond. And the investment performance is every bit as impressive as the outlook. Premium Position. Proven Performer. Offering 110m² of internal living plus 29m² of balconies, the apartment provides an impressive 139m² of total living and outdoor space plus an underground carpark with storage locker. The generous open-plan kitchen, dining and living area flows onto a large private balcony where the extraordinary Lake Whakatipu panorama takes centre stage. Its top-floor western-end position is particularly special, providing additional natural light, glorious morning sun from the lakefront aspect and the added benefit of afternoon sunshine from the west. The clever dual-key configuration provides excellent flexibility, allowing the property to operate as a complete three-bedroom apartment or as separate accommodation components. A second living area within the independently keyed suite provides additional space for families to spread out, relax and unwind. Fully furnished with interiors by renowned Arrowtown designer Ed Cruikshank, the apartment reflects the quality expected of one of Queenstown's leading luxury hotels. A fully equipped kitchen with granite benchtops, underfloor heating, sophisticated Arclinea bathrooms and quality fixtures and fittings throughout create an apartment that feels every bit as good to stay in as it performs as an investment. The Rees has established an enviable position within Queenstown's premium lifestyle investment market, combining professional hotel management, exceptional accommodation, an outstanding lakefront setting and strong historical income performance. For owners, that means the opportunity to secure an investment capable of generating substantial income while retaining the ability to enjoy one of New Zealand's most desirable destinations themselves. Exceptional position. Exceptional income. Exceptional Queenstown lifestyle. This is a rare opportunity to secure one of The Rees Hotel's premium apartments with a proven 6.2% net investment return and a position that is extremely difficult to replicate. Your Queenstown investment doesn't have to be a choice between lifestyle and return. Here, you can have both.

Features

3 bedrooms

2 bathrooms

1 carspace

1 carport space

0 m² floor area

0 m² lot size

Apartment

Happy sellers in Queenstown

91%

91% 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 46 reviews in Queenstown over the last 12 months.

Local market activity for 3 bedroom apartments in Queenstown

In the last 12 months, 5 three-bedroom apartments similar to 7/381 Frankton Road, have been sold.

This represents a 45% increase in three-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

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