Southberg Avenue, Frankton, Otago

Premium Location in the heart of Queenstown.

* 7 Self-contained units on 1,118m2
* $188,240 p.a. rent - can increase to $200,000
* 7 self-contained units
* 1,118 m2 land
* $188,240 p.a. rent
* $200,000 Rental appraisal
* Short stay option Airbnb etc.
* Minutes from Remarkables Town Centre
* Minutes from Queenstown Airport

Property comprises of 2 studio rooms, 3 one bedroom units, and 2 two bedroom units + large communal laundry facility. 42m2 carport and lots of parking onsite. Currently tenanted to long term tenants but would also suit short term accommodation.

Proposed development changes, increasing height from 7 metres to 8 metres, and lot sizes from min 450m2 down to 300m2.

Located in Queenstown minutes from Remarkables Town Centre, Queenstown Airport and. Views of Lake Wakatipu and the Remarkables.

Contact us today to discuss or organise a viewing.