Sold
302/32 Red Oaks Drive,
Frankton, Queenstown Lakes District
Price withheld
Property details
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Agents
Ray White Mt Roskill: MKRE Limited Licensed (REAA 2008)
956 Dominion Road, Mt Roskill Auckland City 1041
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Hands off investment in Frankton
This fully furnished studio room is managed by the Wyndham Gardens - one of the largest and most trusted hotel franchises in the world. This building has fantastic views of the Remarkables Mountains and across to Coronet Peak. Facilities include an on-site cafe, a fitness center and ski storage spaces.
There are a variety of popular activities available in the area including skiing and cycling. Queenstown Airport is 1 km away and Queenstown Event Centre is 1.3 km away. Close to Remarkables Park Shopping Centre. The Remarkables is 6 km from the property. This convenient and popular tourism location offers potential for growth. Start your Queenstown investment portfolio in the heart of Frankton now!
• On a long-term lease, generating a monthly return of approx. $1,423.79 paid directly into your bank account on a monthly basis.
• In the meantime, with a lease term of 30 years (15+5+5+5) with Wyndham Garden Hotel from April 2018, buying it for long-term stability and profitability. Even keep this hands-off and hassle-free investment to help kids onto the ladder when their time comes.
• 10 days free use per annum for owners - you can earn monthly cash income and also enjoy the free stay at the same time!
• Council Rate: $3,146.4 p.a, (1/7/2024 - 30/6/2025)
• CV $260,000
• The body corporate levies for the current financial year period, 6th April 2024 to 5th April 2025 is $2,961.79 including GST.
• Total of the last 12-month income: $17,057.56 (From 1 April 2024 to 2 March 2025)
Asking price $199,000 + GST (if any)
Don't miss out on this chance to invest in Queenstown. Contact us now to get more info!
There are a variety of popular activities available in the area including skiing and cycling. Queenstown Airport is 1 km away and Queenstown Event Centre is 1.3 km away. Close to Remarkables Park Shopping Centre. The Remarkables is 6 km from the property. This convenient and popular tourism location offers potential for growth. Start your Queenstown investment portfolio in the heart of Frankton now!
• On a long-term lease, generating a monthly return of approx. $1,423.79 paid directly into your bank account on a monthly basis.
• In the meantime, with a lease term of 30 years (15+5+5+5) with Wyndham Garden Hotel from April 2018, buying it for long-term stability and profitability. Even keep this hands-off and hassle-free investment to help kids onto the ladder when their time comes.
• 10 days free use per annum for owners - you can earn monthly cash income and also enjoy the free stay at the same time!
• Council Rate: $3,146.4 p.a, (1/7/2024 - 30/6/2025)
• CV $260,000
• The body corporate levies for the current financial year period, 6th April 2024 to 5th April 2025 is $2,961.79 including GST.
• Total of the last 12-month income: $17,057.56 (From 1 April 2024 to 2 March 2025)
Asking price $199,000 + GST (if any)
Don't miss out on this chance to invest in Queenstown. Contact us now to get more info!
Explore the area
School catchments
- Wakatipu High School Secondary Years 9-15 State 0.19km
- Remarkables Primary School Full primary Years 1-8 State 1.2km
- Liger Leadership Academy Composite Years 1-15 Private 1.5km
- Kingsview School Full primary Years 1-8 State integrated 1.8km
- Shotover Primary School Full primary Years 1-8 State 3.3km
- Te Kura Whakatipu o Kawarau Full primary Years 1-8 State 4.6km
- St Joseph's School (Queenstown) Full primary Years 1-8 State integrated 6.4km
- Queenstown Primary School Full primary Years 1-8 State 6.9km
- Arrowtown School Full primary Years 1-8 State 11.3km
- Glenorchy School Full primary Years 1-8 State 34.4km
- Goldfields School (Cromwell) Primary Years 1-6 State 34.6km
- Cromwell College Secondary Years 7-15 State 35.2km
- Cromwell Primary School Primary Years 1-6 State 36.0km
- Te Kura O Take Kārara Primary Years 1-6 State 48.3km
- Mt Aspiring College Secondary Years 7-15 State 48.6km
- Clyde School Full primary Years 1-8 State 48.5km
- Wanaka Primary School Primary Years 1-6 State 48.9km
- Garston School Full primary Years 1-8 State 48.9km
- Dunstan High School Secondary Years 9-15 State 55.8km
- Roxburgh Area School Composite Years 1-15 State 72.0km
- Northern Southland College Secondary Years 7-15 State 83.1km
- Fiordland College Secondary Years 7-15 State 90.8km
- Maniototo Area School Composite Years 1-15 State 106.8km
- Blue Mountain College Secondary Years 7-15 State 109.1km
- Māruawai College Secondary Years 7-15 State 120.6km
- St Peter's College (Gore) Secondary Years 7-15 State integrated 121.0km
- Lawrence Area School Composite Years 1-15 State 123.6km
- Central Southland College Secondary Years 9-15 State 127.9km
- Twizel Area School Composite Years 1-15 State 137.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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May Ma
302/32 Red Oaks Drive, Frankton 9300
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May Ma
302/32 Red Oaks Drive, Frankton 9300