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(09) 520 1192

Boulgaris Realty
419 Remuera Road
Remuera
Auckland, 1050
New Zealand

P +64 9 520 1192
F +64 9 520 1193
E info@boulgarisrealty.com

Sold
ID: BR202
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ABSOLUTE LAKEFRONT - 8.8% GROSS RETURN


202/171-179 Frankton Road, Queenstown

3 Bed 3 Bath 2 Garages
 Building 173 M2
$885,000

Property ID

BR202

bedrooms

3

bathrooms

3

garages

2

other Features

Built-In Wardrobes, Close to Shops, Close to Transport, Fireplace(s), Secure Parking

Recent Registered Valuation of $1,100,000 | Fetching $78,000 gross PA

Currently rented at $1,500 per week.

Elevated directly over Lake Wakatipu which can be heard lapping at the shore below; breathtaking views extend all the way from Cecil Peak to the jagged spires of the Remarkables Mountain range. Positioned on the second floor of this exquisite, newly built boutique complex, the 3 bedroom, 3 bathroom apartment is extremely spacious. Sleek, bold modern design juxtaposes beautifully with the sublime natural splendour of the view beyond.

The layout of the residence is open and airy; from the entry, one is immediately drawn to the vista that unfurls beyond. The large contemporary kitchen services the dining and extensive living room, all of which open out onto the large sheltered main balcony through floor to ceiling doors.

One of the apartment's key features is the adjoining apartment complete with secondary living room, kitchenette, bathroom, balcony and third bedroom. Ideal for guests or children this fully self contained apartment (that also partakes of the magnificent views) can also be locked off from the main apartment and sub let for additional income.

The locality of the property is ideal, only a 2 minute drive from central Queenstown and a picturesque walking track along the lake's edge runs below the complex for running, walking and cycling extends all the way from Frankton (near the airport) to Queenstown itself.

202 The Club is a property that will not fail to deliver the very best in Queenstown luxury living with a full rental management company in place.

PRIVATELY RENTED BY OWNER ON SHORT TERM BASIS

NOT PART OF A MANAGEMENT CONTRACT

IDEAL FOR HOME OCCUPATION OR FAMILY TRUST / INVESTMENT

FURNITURE PACKAGE INCLUDED AT FULL ASKING PRICE

Rates: $4,925.85

Body corp: $11,533.64

There is currently no dates for this property.
There is currently no video for this property.
There is currently no floor plans for this property.

Michael's latest industry update

We are about to open our new flagship office showroom.
385 Remuera Road

27th November 2017

Since this week’s press release that Auckland house prices dropped for the first time by 0.6%, there has been a stream of new listings presented to the market on the major websites.

3rd November 2017

Despite the mixed feelings of the newly formed government and how this may impact on real estate, we have seen little signs of change in our office.

27th October 2017

After a lovely long weekend, we look forward to the summer rush and will keep you informed.

24th October 2017

While many people head out of Auckland traditionally for Labour Weekend, we have many key clients flying into town to view luxury property.

20th October 2017

Traditionally business dips during the School holiday period, but despite the quiet roads the past 2 weeks, there was no downturn on viewings, activity and sales.
Hopefully this is a good sign moving forward.

16th October 2017

Despite the slowing of the market, I must confess the luxury market still has a shortage of quality high end stock in the $5m to $10m price range in which our company flourishes.

4th August 2017

The multitude of offshore buyers immigrating to NZ is just staggering and naturally well received.

21st July 2017

Despite the traditional quieting of the market, we have five live offers on the table for multi-million dollar properties. Shy of the asking prices, this is indicative of the current market conditions.

16th July 2017

The continuous blue sky and beautiful weather is bringing more buyers out to view property each day. Property is selling and we are witnessing a lot of offshore buyers moving to Auckland recently.

3rd May 2017

The numbers through open homes remain above average and the quality of real buyers versus spectators is excellent also. We are seeking new listings to provide choice for those that missed out at our up and coming auctions.

3rd April 2017

All focus on Rugby and New Zealand's America's Cup win, the local spirit is high even with this appalling weather!

7th March 2017

With a growing number of buyers on our database seeking quality real estate now is a great time of the year to be selling property.

6th March 2017

The sun is shining and the the buyers are active...4 sales in the past two weeks.

6th December 2016

Spring is in the air, daylight saving starts this weekend, watch the market fly
Michael Boulgaris

20th September 2016

Sunny weekend ahead....lucky selling.

17th August 2016

Take a moment to enjoy the splendid selection of property for sale.
Confidence remains strong in the Auckland market.

Michael Boulgaris

17th May 2016

Wishing your family a very happy Easter weekend
Best wishes
Michael Boulgaris

24th March 2016

We are expecting a very busy weekend, look forward to meeting you at an open home.
Michael

25th September 2015

The days are getting shorter but let me assure you the market is not slowing.
Call Michael Boulgaris for advice on the current real estate climate.

8th April 2015

We are expecting a very busy weekend, look forward to meeting you at an open home.
Michael

27th February 2015

Hello
Please note, Friday 6th February is a Public Holiday in NZ.
Waitangi Day

5th February 2015

Our office is open over the holiday period.
Have a safe holiday and happy house hunting.
Michael Boulgaris

30th December 2014

There are several new listings being featured on our site this week, be sure to browse the new listings, and a big warm welcome to David Ring joining forces with Boulgaris Realty.
Michael Boulgaris

18th November 2014