Welcome to 507A/16 Mountain Ash Drive, a modern dual-key apartment offering two fully self-contained units under one title, located in the heart of Frankton's vibrant Remarkables Park.
Positioned on the top floor of the building (Level 5), this smartly configured 2-bedroom layout includes:
- A spacious studio with its own kitchen, bathroom, and laundry connections
- A separate one-bedroom apartment featuring a full kitchen and dining area, a generous bedroom with ensuite, and laundry connections within the bathroom
Both units are accessed through a shared internal foyer, each with private, secure entry.
Built in 2020, this apartment enjoys floor-to-ceiling windows with spectacular views of the Remarkables mountain range and includes one allocated undercover car park in the basement.
Currently returning a combined $1,060 per week including bills ($490 for the studio and $570 for the one-bedroom), this dual-key setup offers a significantly higher rental yield than standard two-bedroom apartments. There is potential to increase the rents further, given the high demand for rentals in the building.
The location is unbeatable: just a short walk to Remarkables Park Town Centre, New World supermarket, Frankton Library, public transport, restaurants, and essential services. With Queenstown Airport nearby and easy access to Queenstown and Arrowtown, this is one of the most central and convenient addresses in the region.
Whether you're a savvy investor or looking to live in one unit and rent the other, this property delivers flexibility, strong income, and long-term value.
As a former building manager for the complex and senior property manager with extensive experience in Queenstown Body Corps, Esteban can offer investors in-depth knowledge and guidance. Our Queenstown team is well placed to answer any questions you may have about returns, demand, or short and long term rental options.
Call Esteban on 021 207 8959 or email queenstown.enterprise@remax.co.nz to discuss your investment options in Queenstown now!
