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3 Remarkables Crescent
Frankton

$2,585,000 plus gst (if any)

Property Facts

Ref: 27173

$2,585,000 Plus GST (if any)

Property type: House

Bedrooms 13 Bathrooms 3

Land area: 623sqm

Parking: 11 x Off-street parks

Built: 1985

3 Remarkables Crescent, Frankton

Ref: 27173

Remarkable investment opportunity

This well maintained and attractively presented building basks in year-round sun and enjoys striking mountain outlooks. Located in the rapidly expanding, pivotal location of Frankton, the opportunity exists for investors, owner-operators or employers to secure a solid property with proven returns.

Currently providing long term accommodation on individual tenancy contracts, the property is showing consistently strong rental returns. A recent upgrade of the interior and exterior provides peace of mind, plus there's potential to expand on the 623sqm section.

More purchase options also exist - talk to us today for more information.

• Attractively presented 270sqm building in a prime location
• 13 bedrooms, 3.5 bathrooms, open-plan living/kitchen, laundry
• 11 off-street parks
• Includes compliant fire alarm system and CCTV cameras
• Close to Remarkables Park Town Centre and international airport

Price is plus GST (if any)

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3 Remarkables Crescent, Frankton

Ref: 27173

Web Reference 27173
Property Type House
Bedrooms 13
Bathrooms 3
Built 1985
Floor area 270sqm
Land area 623sqm
Rates $5,850.35
Property Features

Heating: Electric

Flooring: Carpet, Tiling

Exterior Construction: HardieTex (or similar), timber weatherboard

Aspect: West

Roof: Painted galvanised tray

Chattels Chattels list available on request

hoamz accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify all information.

Frankton

Fast becoming one of Queenstown’s most popular residential suburbs, Frankton is both historic and forward-moving. Named after Frances, wife of Queenstown’s first European settler William Rees, it’s stood the test of time and is only growing in popularity. Queenstown’s current surge in commercial building is centred around the Frankton Area, with the Five Mile and Remarkables Park retail/industrial/commercial/residential mix providing enticing opportunities for businesses, investors and locals.


Long-term locals love to rent or buy in Frankton for its excellent sunshine hours, easy access to shopping, great schooling and lovely mountain views. Predominantly of level contour, it’s easy to get around in Frankton and the amenities are centred and within easy reach of each other. Queenstown International Airport is located in Frankton, as is the area’s swimming pool, events centre and leisure complex. Houses range from modern homes and townhouses through retirement villages and older stand-alone properties.


Located at the end of the large inlet known as the Frankton Arm, it’s positioned on State Highway 6 and is bounded by the Kawarau River on one side.