6 Lake Esplanade, Queenstown

Situated on Lake Esplanade, Queenstown's accommodation golden mile, this 'waterfront' complex is just moments to downtown Queenstown. It has iconic views across Queenstown Bay and the Gardens Peninsula to The Remarkables mountain range. 6 Lake Esplanade comprises a single offering of six separate unit titles configured as a three bedroom two living room penthouse unit with double garaging, over three one bedroom units, two studio units and a central ground floor office which could easily be converted to a seventh accommodation unit. Built 25 years ago, the complex is generally constructed of concrete walls and flooring with some timber framing. It is currently managed by the operators of the neighbouring apartment complex on a month to month basis. As such, vacant tenancy can be offered or a more formal arrangement could be set in place. It is rated 'Commercial' which allows any overseas purchaser to buy without restriction. After owning the property for more than two decades, a change in circumstances has convinced the present owner to sell. This presents you with a rare opportunity to secure this prime property. Don't look back and regret missing out on the opportunity to secure this premium investment. Priced to sell. $6,950,000 plus GST (if any). Contact me today.