High Rental Yield - Prime Queenstown Location

Remarkables Residences, Frankton, Queenstown

Property Details

  • Type
    Stratum in Freehold
  • Location
    Frankton, Queenstown
  • Price
    Starting From $860,000
  • Rental Income
    $15,647 pa
  • Yield
    7%
  • Property Size
    145 - 165
  • Bedrooms
    4
  • Bathrooms
    3
  • Carparking
    Double Garage

High Rental Yield - Prime Queenstown Location

The Remarkables Residences in Queenstown is an exciting new development in the heart of Frankton Flats. These modern 3-4 bedroom, multi story town-homes are generously sized and offer views of The Remarkables and surrounding mountains.

The development is positioned next to Queenstown's central shopping precinct with nearby supermarkets, restaurants and cafes as well as being conveniently close to the airport and just 10 minutes from central Queenstown.

Key investment facts:

  • Three and four bedroom multi-story town-homes starting from just $860,000
  • Floor areas from 145 - 165 m2, multiple bathrooms and private outdoor areas
  • Construction commencing now and expected to be completed by early 2018
  • 6.96% rental yield (based on unit A 1.08)
  • Estimated pre-tax cash flow of $8,146 pa and estimated after-tax cash flow of $15,647 pa.
  • Experienced development team including Auckland-based Ignite Architects
  • Walking distance to shops, restaurants and cafes
  • Very well-built, stylish and low maintenance
  • Just 10 minutes from central Queenstown, 15 minutes to Arrowtown and approximately 30 minutes to the ski fields. 

With a population growth of circa 7.1% in the last year the area continues to strive forward as a leading investment hub within New Zealand. These residences offer great returns, the convenience of urban living and a remarkable lifestyle. Reach out to Hamish for more information.

 



Email Hamish Anderson



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