Central Queenstown over 5% net return

622, 34 Lake Esplanade, Queenstown

$565,000 + GST

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Residential For Sale

For Sale
Floor Area: 87.00 m2.    

Description

Just a five minute lakeside walk to the very heart of Queenstown, all of the attractions for a great holiday are within easy reach. On the sixth level, the apartment opens out to a beautiful courtyard with BBQ facilities.

Mountain views and views to the lake are on offer from the two bedroom unit with open plan living/kitchen. A holiday hotspot, The Beacon is in high demand with Queenstown's burgeoning tourist population, giving owners security of investment. Currently in management with 28 days owner usage, there's the potential to increase returns with a renegotiated management agreement.

FOR SALE - $565,000 + gst (if any)

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Features

  • Two bedroom apartment an easy stroll to central Queenstown
  • Total apartment area of 87sqm comprises 64sqm floor, 10sqm courtyard, 13sqm internal parking
  • Super value on offer in this sought-after complex
  • Fully furnished plus has one allocated carpark
  • Currently showing 5.14% net returns with scope for more
  • Flexible management option - Currently periodically managed by Peppers Beacon

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