Investment Opportunity
A fantastic opportunity to secure a fully managed investment property in the heart of Queenstown.
With recently renovated modern decor, high standard fittings, 24-hour reception, onsite bar/restaurant and usage of additional hotel amenities make it an attractive option for guests and a smart addition to any investment portfolio
This first-floor studio unit offers 28 days of owner usage per year, allowing you to enjoy Queenstown on your own terms while benefiting from hands-off management the rest of the time.
The studio enjoys views of the Remarkables and is just a short stroll to Lake Wakatipu and the Queenstown CBD.
Executive Summary
Address: 201 Scenic Suites, 21 Stanley Street, Queenstown
Rates:
QLDC: $3,809.73 per annum
ORC: $311.20 per annum
CV: $360,000
Floor Area: 30m² more or less
Built: 2001
Exterior: Concrete tilt panel
Floor Coverings: Carpet, tiles
Windows: Aluminium joinery, double glazed
Hot Water: Centralised gas system
Heating: Heat pump
General Features: Balcony
Aspect: South
Management: In Management Lease with Scenic Hotels
View: Mountain, town
Parking: 1x garage, 1x off-street parking
The following information is also available for this property – contact us for your copy.
The town centre has extremely sought-after housing There’s ample property within walking distance of town, with residences ranging from luxury apartments to family homes on high-value land and rental properties occupied by multiple tenants.
Prices in the town centre prove consistently strong, particularly properties with sought-after zoning and the ability to build more than one unit onsite. House prices remain largely immune to the area’s seasonal trends, with high tenancy demand and consistent returns
Colliers Otago’s residential sales team provide leading property sales and marketing services with an established track record and unrivalled teamwork.
We think global and act local, with strong regional knowledge and connections across all property sectors. Our residential team is focused on adding value to our clients’ investment decisions. We are market leaders in research, allowing a unique, knowledge- based approach to buying and selling. As the largest multi-service real estate professionals in Otago and Southland, we have specialists working in residential property, commercial sales and leasing, tourism brokerage, valuation and advisory With offices in Queenstown, Wanaka, Cromwell and Dunedin, we can cater for your specific real estate requirements - strengthened by our national & international Colliers network