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Queenstown

215/21 Stanley Street, Queenstown, Queenstown Lakes

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1 Bedrooms
1 Lounges
1 Bathrooms

Asking Price NZ$479,000

Superb value in Queenstown's rising market


The best winter quarter returns since 2019 have already been banked, and these look set to be followed by an excellent Christmas/summer quarter. It seems “normal transmission” has finally resumed in New Zealand's number 1 Destination Resort!

Everything is on the up at the fully managed, Aurum Scenic Suites!

The newly completed interior refurbishment has modernised this generously sized apartment and will future-proof it from the competition. Evidence currently shows that occupancy levels are on the up, and the average nightly rates achieved for the winter quarter were the highest ever, at just over $260 per night.
Owner income was not the only thing to be on the up. Record selling prices for the complex achieved from December 2023 have been providing a nice capital gain for vendors cashing in.
The complex has an ideal location within super easy strolling distance to the heart of Queenstown. This fully self-contained one-bedroom apartment is towards the front of the Remarkables Building, facing the quieter Sydney Street. There are nice wide-open views of the surrounding area from Queenstown Hill, The Remarkables over the top of the Holiday Inn, and around Cecil Peak. Great morning sunshine. There is even a car park, although, with such a top location. You really will not need a vehicle.
Do not wait for prices to rise further and miss out on the great value this freehold unit provides. Surely this is the optimal balance between personal holiday use and consistent financial gains.

Carolyn Hill

Carolyn Hill

Investment, Apartment and Residential Sales

Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


Located in central Queenstown

Income


Premium earner

Chattels


Lounge/dining with full kitchen

Access


Owner use is 28 days per annum

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