Solid income with room to grow

200 Nugget Point, 146 Arthur's Point Road, Queenstown

$639,000 + GST (if any)

2

2

1

1 x Off-Street park

Residential For Sale

For Sale
Floor Area: 44.00 m2.    

Description

Investing in a high-growth area has rarely been more appealing. As the only two bedroom apartment in this beautiful boutique hotel, this riverview unit is showing strong returns at 5.38% net and has scope to become even more lucrative.

Rugged mountains and braided river channels invite guests to step onto the broad balcony and appreciate the alpine environment. Spacious and fully furnished, fixtures and furniture have been carefully selected to reflect the glamorous yet traditional styling of the hotel. Quality management has created a sought-after holiday spot, located just a short drive to the centre of Queenstown.

Enjoy all the facilities Nugget Point has to offer, including the Roman baths style spa with sauna, steam room, hot tub and heated pool - plus gym, squash court, lounge bar with spectacular river views, and popular restaurant, The Bodhi Tree.

FOR SALE - $639,000 + GST (if any)

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Features

  • Fully-furnished two bedroom, two bathroom apartment in luxury Nugget Point hotel
  • Use of hotel facilities including heated pool, gym and restaurant
  • In management, with 28 days owner usage each year
  • Increasing returns based on projected income forecast

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