4 Lake Avenue, Frankton, Queenstown, Otago

Discover HQ Apartments - An unparalleled opportunity to get onto the property ladder or expand your rental portfolio in the Wakatipu region. Originally built as luxury accommodation the now residential apartment style studio units offer an exceptional lifestyle in one of Queenstown most prestigious locations priced at a fraction of Queenstown's median property price.

There are four units currently available nestled above Frankton Beach and reserve, each one offering an inspired lake and mountain outlook and providing the perfect location for summer swimming and water sports. A short walk to the expanding marina food and beverage district, the Hilton Hotel, and the airport. Amenities are conveniently close, including shops and bus routes, with the Remarkables ski field easily accessible during winter.

Completely renovated in 2011 by the current owner the property features full insulation, efficient heating, double glazing, and modern interiors. The electrical and plumbing systems have been completely replaced, ensuring a warm, cozy, and quiet living environment. Each studio is configured to fit a Queen bed with a built-in wardrobe/storage solution and space for a 2 seater couch or two occasion chairs. They have great flow to the sun soaked decks - the perfect spot to relax and soak in the majestic lake views. There are convenient kitchens in all with plenty of storage, a two-burner glass ceramic hob and microwave convection oven with fridge freezers. The ensuites are modern and functional providing a totally self-contained and cost-effective living option for tenants and owners alike.

This property has a proven track record as a highly demanded rental and is ideal for visitor accommodation (subject to appropriate council consent) or as a residence for new owners. Don't miss this unique opportunity to live as the millionaires do in the heart of Queenstown.

Available Units:

Unit 104 - $385,000 including GST

Unit 105 (as pictured) - $385,000 including GST

Unit 106 - $385,000 including GST

Unit 109 - $385,000 including GST