Unit 120/4 Lake Avenue, Frankton, Queenstown, Otago

The previously sold-out block at HQ Apartments has a rare opportunity back on the market - Unit 120, the most desirable and private top-floor studio, is now available as the current owner relocates.

Perfectly positioned at the end of the block, this premium studio enjoys uninterrupted lake and mountain views, great natural light, and enhanced privacy. With a soaring cathedral ceiling and an open layout, it offers a heightened sense of luxury without the seven-figure Queenstown price tag.

Originally built as luxury accommodation and fully renovated in 2011, this self-contained studio blends style, comfort, and functionality. The design includes a queen bed area, built-in wardrobe, and a cosy seating nook, with a sun-drenched deck extending the living space and capturing sweeping lake and mountain vistas. The modern kitchen is well-appointed with excellent storage, a two-burner ceramic hob, microwave convection oven, and fridge-freezer, while the stylish ensuite and Rinnai gas heating ensure comfortable, efficient living year-round.

Enjoy the convenience of ample off-street parking and a communal laundry, all within an unbeatable lakeside setting. Positioned above Frankton Beach and reserve, you'll love having easy access to swimming, paddleboarding, and lakeside walks, while the marina dining precinct, Hilton Hotel, Queenstown Airport, local shops, and bus routes are all within easy reach. The Remarkables Ski Field is also just a short drive away for winter adventures.

With a proven rental history and strong demand for these highly sought-after units, this premium end apartment represents an exceptional investment, an ideal lock-and-leave holiday base, or an affordable way to secure a slice of Queenstown's lakeside lifestyle.

Opportunities like this don't come twice - Unit 120 is available now but won't last long. Contact Keeley or Niki today to arrange a private viewing and see why this standout apartment is the pick of the block.