Overseas buyers welcome
Nestled on the shores of Lake Wakatipu, The Rees Hotel Queenstown offers an extraordinary blend of five-star luxury, natural beauty, and top New Zealand hospitality. This sophisticated hotel epitomizes the ultimate escape, where privacy, comfort, and convenience seamlessly meet with personalised service and top-tier management.
Boasting a spacious layout and contemporary finishes, every detail has been carefully crafted to seamlessly blend style and functionality. The open-plan living area provides an inviting space to entertain guests or unwind after a busy day, with floor-to-ceiling windows that showcase breathtaking views of Lake Wakatipu and the Remarkables mountain range.
The apartment features two generously sized bedrooms, each offering exceptional comfort and privacy. Wake up to panoramic views of the majestic Remarkables mountain range from the master bedroom, which includes an ensuite bathroom outfitted with sleek fixtures and premium finishes. The second bedroom is equally versatile, ideal for accommodating a second couple or easily converting for childrens’ use.
Fully furnished by renowned Arrowtown designer Ed Cruikshank, this apartment is designed to impress. The kitchen is fully equipped with all you need to entertain family and friends.
This apartment also includes one underground car park, a storage locker, and an internal locked cupboard, offering plenty of room for your winter and summer toys.
Property highlights:
• Prime lakefront location
• A generous 98sqm floor area (82sqm internal + 16sqm balconies)
• Being sold fully furnished
• Trusted hotel brand and management
• Six months owner usage
• 3km away from Queenstown centre
There are no restrictions on foreigners purchasing this luxury apartment. Contact
Executive Summary
Address 8/375 Frankton Road, Queenstown
Rates QLDC: $6,893.45 per annum | ORC: $520.62 per annum
CV $1,230,000
Body Corporate $10,482.69
Floor Area 98 sqm
Built 2008 / 2009
Exterior Concrete block
Floor Coverings Tiling and carpet
Windows Double glazed
Heating Heat pumps and gas fire
General Features Indoor / outdoor living, Lakefront and spacious
Aspect South
Laundry Cupboard
Views Lake
Other Information
The following information is also available for this property - contact us for your copy.
• Full title
• Floor plan
• Full Pre Contract Disclosure Statement
• Last 12 months financial performance
• Body Corporate rules
• AGM minutes
• Chattels list
Frankton
Frankton was founded in 1863 during the gold rush, with the earliest of the residential housing built between 1910 - 1920. Most of the houses we see today were constructed in the 1990s, but the town still hides many historic gems scattered around the area. Frankton today is a very popular place to buy or rent due to its easy access to shopping, cafés and restaurants, excellent schooling of all levels, mountain views and yearround sun. Frankton is also home to the Remarkables Park Shopping Centre, Queenstown Central and Five Mile Shopping Centre and multiple supermarkets and big-box retailers, as well as a host of commercial and industrial amenities. Queenstown International Airport is also located here and Frankton plays host to the public transport hub, with Frankton Bus Shelter at the heart of the suburb. To top it all off, locals can enjoy Frankton Bay, which is an incredibly popular spot to relax or enjoy watersports in the warmer months. It is also a beautiful place to simply sit and take in the stunning views down the Frankton Arm of Lake Wakatipu.
Search Copy
Identifier 483269
Land Registration District Otago
Date Issued 29 January 2010
Prior References 511579 Supplementary Record Sheet 483327
Estate Stratum in Freehold
Legal Description Unit 8/375 Deposited Plan 421766 and Accessory Unit 8/375 Deposited Plan 421766
Registered Owners
See Him Louis Lau and Fei Gao
The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet
8402678.5 Encumbrance to Beech Cove Properties Limited - 29.1.2010 at 2:35 pm
8402678.10 Encumbrance to The New Zealand Transport Agency - 29.1.2010 at 2:35 pm Identifier
Colliers Otago
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.
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The information contained herein or otherwise in relation hereto is provided by Colliers and affiliated companies in their best judgement, in good faith and as far as possible based on data or sources which are believed to be reliable. The material contained herein is not intended to substitute for obtaining individual advice from a qualified professional person. Colliers, its officers, employees and agents expressly disclaim any liability and responsibility to any person whether a reader of this publication or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance whether wholly or partially upon the whole or any part of the contents of this publication. Therefore we record Colliers has used its best endeavours to ensure the information provided is true and accurate but Colliers does not accept any responsibility or liability in respect of any errors, inaccuracies or misstatements which may be contained in them. COPYRIGHT Colliers. All rights reserved. No part of this work may be reproduced or copied in any form or by any means (graphic, electronic or mechanical, including photocopying, recording, recording taping, or information retrieval systems) without the written permission of Colliers.
!ANTI-MONEY LAUNDERING
Proving your identity when buying or selling a house
From 1 January 2019, real estate agents are required to verify the identity of their vendors in accordance with Anti-Money Laundering legislation. In some situations, real estate agents will also be required to verify the identity of purchasers. If your real estate agent cannot verify your identity in line with the legislation, they will not be able to act for you.
Identity verification can take days and sometimes weeks if a Trust or company is involved, or where parties reside overseas.
The below gives an indication of some of the documents your real estate agent may ask you to present in person or as a certified document as part of this process:
Individuals:
Passport, NZ Firearms Licence or NZ Drivers Licence with another document such as a bank statement or statement issued by a Government agency. You will also need to provide a document with your residential address (for example, a utility bill).
Trusts:
The Trust Deed and, for all trustees and settlors, the information required for individuals as noted above, together with information regarding the Trust’s source of funds or wealth. Additional information may also be required for beneficiaries and appointers.
Companies:
Details of the company, together with the information for individuals noted above for every individual with more than a 25% shareholding, all individuals with effective control of the company and all individuals acting on behalf of the company. Information regarding source of funds or wealth may also be required.
Note: The above list is not exhaustive and is indicative only. Your real estate agent will assist you with the specific requirements in relation to your situation.
DISCLAIMER: The material and information contained herein is for general information purposes only and is not intended to form professional legal advice. REINZ does not accept liability for any claim or other action that may arise directly or indirectly from the use of or reliance on the material and information provided herein. REINZ recommends you seek independent legal advice if you are unsure of your legal position.
