Sold

28 Stewart Street,
Frankton, Queenstown Lakes District

4 bedrooms
2 bathrooms
2 car spaces
1,012m² land size
160m² building size
House

Price withheld


Property details

Chattels

  • Stove
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Curtains

Opportunities Galore

Location, Options, Income and Much More!

Boasting a spacious 1000+ sqm section, this property offers stunning Lake Wakatipu views on one side and convenient access to Frankton Road on the other. The proximity to the "corner shop commercial zone" enhances its redevelopment potential.

There are multiple income sources on the property. Two well-maintained two bedroom units generate immediate rental income, providing a steady cash flow. A double garage with a toilet and shower offers additional income potential or can be used for storage. This allows you to decide on your future development strategy while enjoying the current income stream.

After 30 years with the family, this property is on the market, giving you the chance to secure a piece of Queenstown's history. The purchase options are flexible - you can buy vacant or with existing tenants on a periodic tenancy.

The property is perfect for investors seeking a dual-income property with future development potential, developers looking for a prime location for their next project, or astute buyers who appreciate breathtaking views and endless possibilities.

Contact us today to schedule a viewing and secure your piece of paradise!

Explore the area


School catchments

  • Kingsview School Full primary Years 1-8 State integrated 0.17km
  • Remarkables Primary School Full primary Years 1-8 State 0.80km
  • Liger Leadership Academy Composite Years 1-15 Private 1.3km
  • Shotover Primary School Full primary Years 1-8 State 4.0km
  • St Joseph's School (Queenstown) Full primary Years 1-8 State integrated 5.2km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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