Step inside and the appeal is immediate. Lake Whakatipu stretches out before you, framed by Queenstown’s dramatic mountain landscape, while generous interiors offer the space and comfort to settle in and enjoy it all.
Positioned on Level 6 of the five-star Rees Hotel, this three-bedroom, three-bathroom Executive Lakeview apartment combines a luxurious Queenstown retreat with compelling investment performance. One of just five apartments of this size on the highly sort after Level 6, its elevated outlook, spacious layout and dual-key configuration create an attractive offering for owners and accommodation guests alike. And as an owner you have the option of using the apartment up to 6 months per annum.
The open-plan kitchen, dining and living area flows onto a generous private balcony, where morning sunshine provides the perfect setting for breakfast overlooking the lake. Inside, the designer fit-out and furniture package bring a refined, cohesive finish throughout. A second living area within the hotel suite offers welcome room to spread out, giving families and couples their own space to relax after a day exploring Queenstown.
The dual-key layout adds another dimension to the ownership experience. The apartment can accommodate guests as a complete three-bedroom residence or as separately keyed accommodation, providing flexibility within the hotel’s management programme. For owners, it also offers the opportunity to enjoy one part of the apartment while the other remains available to generate income.
With net income of circa $158,000 (net of GST) after all management and booking fees, operating expenses and costs as owner (before depreciation and tax) the property offers substantial income alongside the appeal of a personal retreat in one of Queenstown’s established and most awarded luxury hotels.
An underground car park with its own storage locker, together with an additional internal lockable cupboard, provides convenient storage for ski gear, outdoor equipment and personal belongings.
Offering 161m² in total, comprising 133m² of internal accommodation and 28m² of balconies, this is a generously proportioned lifestyle investment with the views, flexibility and income performance to match.
Key Features
- Luxury three-bedroom, three-bathroom apartment
- Rare Level 6 Superior Lake View position
- One of only five apartments of this size and configuration
- Flexible dual-key accommodation
- Spectacular lake and mountain views
- 133m² internal floor area plus 28m² of balconies
- Large private balcony enjoying morning sun
- Two spacious living areas
- Private storage locker plus secure internal storage cupboard
- Professional management through the five-star Rees Hotel
- Exceptional combination of personal-use flexibility and investment performance (available on request)
This is the first apartment of this position and configuration offered to market at The Rees in over 5 years, so talk to us now as we don’t expect it to be available for long.
Note: Every care has been taken to verify the accuracy of the details in this advertisement. However, its accuracy cannot be guaranteed. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
