Proven rental formula

43 Beechwood Apartments, 716 Frankton Road, Queenstown

$590,000

2

1

2 x Off-street parks

Residential For Sale

For Sale
Floor Area: 80.00 m2.    
Sale Price: $590,000.

Description

It's got the location, ideal layout, low maintenance style and represents the best value two bedroom unit with lake views currently on the market - all adding up to a winning rental combination! Recent upgrade works to the Beechwood complex have proven popular with tenants and first home buyers alike.

Currently tenanted by long-term occupants who wish to stay on - the proof is in the pudding. A modern style incorporates new internal paint and floor coverings, a new oven/cooktop, new drapes, generous size rooms and sparkling lake and mountain views from the large windows and two balconies.

Ideally located mid-way between town centre and Frankton, on the bus route, makes this a very favourable proposition.

FOR SALE: $590,000

Features

  • Two bedroom furnished and recently updated apartment in the front of the complex
  • Lovely lake and mountain views
  • Two off-street car parks
  • Heatpump, forced-air ventilation system, new double glazing and fully insulated
  • Current rental appraisal $625-$650 per week - approx. 5% net return

Map

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