Lake Avenue, Frankton, Otago

An unmissable investment opportunity awaits! Secure these two outstanding studio units on a single title, situated in the highly coveted Frankton area of Queenstown.

Offering comfortable living spaces, each studio unit features a kitchenette with a fridge freezer, a stovetop and microwave convection oven, and cozy Rennai gas heaters. Both units have sliding door access to a timber deck, where you can unwind and soak in the breathtaking views of Lake Wakatipu and the surrounding mountains. There is an ensuite in each unit with a shower over the bath. The floor area of the units combined is approximately 40m2 with 20m2 (more or less) verandahs and additional deck areas. Currently both studios are tenanted by great occupants and will provide a hassle-free way to start earning on your investment immediately. 

Conveniently located just steps away from the Frankton lakefront, park, Frankton Arms Tavern, and bus stop, this property perfectly blends convenience with lifestyle appeal. With minimal maintenance requirements, it's an ideal opportunity for those looking to enter the Queenstown property market. With two self-contained studios on two separate tenancy agreements, there are multiple options for this awesome and unique property whether you wish to keep both studios rented,  live in one, and rent the other to subsidise your cost - the choice is yours! 

Don't let this remarkable opportunity slip away - Get in touch today for a full information pack with market rental appraisals, building reports, LIM, Body Corporate Documents, and more.

For sale by Deadline Closes 3rd July 12pm (Prior Unconditional Offers Considered)