165 Glenda Drive, Frankton, Queenstown Lakes

Prime commercial investment

165 Glenda Drive offers a compelling investment opportunity within one of Queenstown's most tightly held commercial and industrial precincts. Offered for sale by negotiation, the property returns an estimated net rental income of $222,504 per annum and is currently leased to three established tenancies, providing immediate and diversified income.

Set on 1,078sqm of land, the property features a 530sqm building comprising two large work bays with roller door access, a canopy, and four offices positioned to capture expansive outlooks across the Kawarau River and toward Coronet Peak, The Remarkables and Cecil Peak. The office areas are filled with natural light and have practical staff amenities including a kitchen, bathroom and shower facilities.

Complementing the building is a generous 743sqm of yard area, offering excellent on-site parking, storage capability and potential scope for further development in the future. Zoned light industrial, the property is ideally suited to a range of commercial and trade-based uses.

Located within the heart of Glenda Drive, Queenstown's primary industrial hub, the property benefits from strong tenant demand and limited supply. Opportunities of this scale, income profile and location are seldom available, making 165 Glenda Drive a standout option for investors seeking secure returns with long-term upside.

The purchase price is to be plus GST (if any).