HIGH RENTAL YIELD - PRIME QUEENSTOWN LOCATION

Listing Number:  2769
Posting Date:  31 May 2017






 
Price:$860,000
Listing:HIGH RENTAL YIELD - PRIME QUEENSTOWN LOCATION
Type:Townhouse
Category:Purchase Option
Bedrooms:4
Bathrooms:3+
Region:Otago
Site Area:165 m2
Address: Login
Building Area: 
Property Image

Description:

The Remarkables Residences in Queenstown is an exciting new development in the heart of Frankton Flats. These modern 3-4 bedroom, multi story town-homes are generously sized and offer views of The Remarkables and surrounding mountains.

The development is positioned next to Queenstown's central shopping precinct with nearby supermarkets, restaurants and cafes as well as being conveniently close to the airport and just 10 minutes from central Queenstown.

Key investment facts:

Three and four bedroom multi-story town-homes starting from just $860,000
Floor areas from 145 - 165 m2, multiple bathrooms and private outdoor areas
Construction commencing now and expected to be completed by early 2018
6.96% rental yield (based on unit A 1.08)
Estimated pre-tax cash flow of $8,146 pa and estimated after-tax cash flow of $15,647 pa.
Experienced development team including Auckland-based Ignite Architects
Walking distance to shops, restaurants and cafes
Very well-built, stylish and low maintenance
Just 10 minutes from central Queenstown, 15 minutes to Arrowtown and approximately 30 minutes to the ski fields.
With a population growth of circa 7.1% in the last year the area continues to strive forward as a leading investment hub within New Zealand. These residences offer great returns, the convenience of urban living and a remarkable lifestyle. Reach out to Hamish for more information.