- land3,632 m²
- roomN/A*
- bedrooms25
- AreaN/A*
- ConstructionN/A*
- ConditionN/A*
- Parkingyes
- bathrooms19
- Shower roomN/A*
- ExposureN/A*
- HeatingN/A*
- ToiletN/A*
- KitchenN/A*
Property Queenstown (New Zealand)by new zealand sotheby's international realty
PropertyQueenstown (New Zealand)Price :on request
on request
Why this property will seduce you
- Prime Location: Situated between Frankton and Queenstown.
- Modular Composition: 19 concrete and steel units, studios, 1 and 2 bedrooms.
- Strong Rental Potential: High demand, low vacancy in current market.
It is a property which presents an opportunity for any business looking to accommodate its staff, or for an astute rental investor looking for some scale.
66 Marina Drive comprises an easy to manage, concrete and steel complex of 19 accommodation units.
It offers a well-balanced mix of six bed-sit studio, seven one-bedroom and six two-bedroom configurations - each with an allocated carpark.
In the current accommodation market, product such as this is in high demand, with any vacancy being easily filled.
66 Marina Drive is offered to the market at an asking price point of ‘Offers over $7.5M inclusive of any GST will be considered’. An offer can be made and the property sold at any time, so your earliest enquiry is strongly recommended.
The sharp asking price point reflects our ‘out of town’ seller’s change in circumstances and strong motivation to liquidate this property. This presents a compelling opportunity for prospective purchasers.
The sharp asking price is substantiated by the property’s 2024 Government Valuation of $7.780M, its QV value estimate of $8.170M, it last selling in early 2022 for $7.90M, that it represents a level at, or below replacement cost, and that it provides a fair return on investment.
Contact us today to understand the attributes of this attractive offering, and to view.
Advertiser reference : YVDJ7CLe Figaro Properties reference : 101325115
Its assets
Assets detected by AI
- Garage & Parking
- Contemporary style
In detail
* : Information not provided by the advertiser
Property Queenstown (New Zealand)
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Dave Fea
Correspondence: PO Box 1595 2nd Floor, Mountaineer Building, Crnr Shotover and Rees Streets9300 Queenstown (New Zealand) All the listings of this agency
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