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32 Tewa Street, Frankton, Queenstown

32 Tewa Street, Frankton

32 Tewa Street, Frankton, Queenstown, Otago, 9300
6% Rental Yield

6% Rental Yield

On a fixed tenancy until February 2025 the strong rental income is assured by the long-term tenants. There are three bedrooms (and a fourth flexi room), two bathrooms plus a studio with en-suite and separate street entrance. Architecturally designed and completed in 2021 with the sweet greenery of Pocket Park directly opposite with a deck to enjoy the views from. A heatpump and underfloor heating (plus heated towel rails) in the bathrooms, along with the sun Frankton is renowned for will ensure comfort year round. A pin pad entry and alarm system provide additional security. The single car garage provides storage and convenience with additional parking on the driveway. Public transport is close by. Centrally located in Frankton, with Five Mile shopping precinct with supermarkets, shops and eateries a short walk away. Please note, some images are from pre tenancy. (6% Rental Yield is based on Gross Rental Return at a sale price of $1,120,000)

6% Rental Yield

Property Details

Property ID

QBS13460

Bedrooms

5

Bathrooms

3

Floor Area

161 sq m

Parking

1x Garages

Location

32 Tewa Street, Frankton, Queenstown, Otago, 9300
Dee Molnar

Dee Molnar

Sales Associate

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