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  • Sold
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Bedrooms
3
Bathrooms
1
On offer is a unique opportunity to acquire a strategic asset in the tightly held Frankton commercial market, within an affordable price bracket. This Local Shopping Centre Zoned property provides an opportunity for residential or commercial holding income. So, if you are a developer, owner occupier or land bank investor, you should look closely at this.

20 McBride Street is the last of the properties on the street in the Local Shopping Centre Zone. To the rear of the property is the Frankton Bus shelter, next door are commercially operating businesses. To say this property is centrally located is an understatement; Frankton roundabout that intersects Frankton Road and State Highway 6 is within 2 minutes' walk as is Frankton Village Shopping Centre. Approximately six kilometres east is Queenstown's CBD. 500m away is the Queenstown International Airport, Remarkables Primary School and Wakatipu High school is within 1km.

The property comprises a high profile 809sqm site with a 140sqm 3 bedroom residential building that is currently tenanted. The property also offers a sizable double garage and off street parking.

•Prominent Frankton location close to the wide range of amenities on offer
•Unique underlying Local Shopping Centre Commercial Zone providing flexibility in future uses
•Development potential with holding income

The property is being offered For Sale by Auction Tues 14th December 2021 from 11am, Colliers office, Level 2, 10 Athol Street, Queenstown. Prior offers considered.

For a full information pack or to arrange an inspection, please contact our listing brokers below.

Ref #: 20849347
  • 19/12/2021
  • Contact our experts for details on this transaction.