24/25/4 Lake Avenue, Frankton, Queenstown, Otago

An incredible investment opportunity is on offer at the popular HQ Apartments! These two exceptional studio units, located on a single title in the sought-after Frankton area of Queenstown, are ready for you to secure.

Each unit provides a comfortable living space, featuring a kitchenette equipped with a fridge freezer, stovetop, and microwave convection oven, along with a cosy Rinnai gas heater. Both studios open onto a timber deck through sliding doors, allowing you to enjoy stunning views of Lake Wakatipu and the surrounding mountains. Each unit includes an ensuite bathroom with a shower over the bath.

The combined floor area of the studios is approximately 40m2, plus 20m2 (more or less) of verandah space and additional deck areas. Both units are currently tenanted by reliable occupants, giving you the advantage of immediate rental income.

Perfectly positioned just steps from the Frankton lakefront, park, Frankton Arms Tavern, and bus stop, this property offers convenience and lifestyle in one package. With low maintenance requirements, it's an ideal entry point into the Queenstown property market. The two self-contained studios, each on its own tenancy agreement, provide flexibility - whether you keep both rented or use one as a low cost Queenstown lock and leave and rent the other to offset costs, the choice is yours!

Don't miss out on this unique opportunity - contact us today for more information.