Penthouse at Peppers Beacon
34 Lake Esplanade, Queenstown
34 Lake Esplanade, Queenstown
This Property is SOLD -15/3/24
When you are considering a lifestyle investment in Queenstown, Peppers Beacon is one that has definitely stood the test of time. So when a rare opportunity arises to secure what is undoubtedly one of the jewels in the Beacon crown, any serious investors should sit up and take notice.
Apartment 1005 is one of just 5 penthouse apartments situated on the highly sought after Level 10 and has been designed not only to deliver the best views downtown Queenstown has to offer, but also to deliver maximum flexibility when it comes to rental opportunities.
Configured over two levels, level 1 features a spacious 2 bedroom / 2 key self-contained apartment allowing it to serve as a 1 bedroom apartment plus hotel suite or to combine a as a luxury 2 bedroom apartment.
Upstairs features a smaller 2 bedroom apartment (also fully self-contained), perfect for the kids to have their own separate space when the whole family is in town, or stay downstairs while upstairs continues to earn you some pocket money,
Open-plan living with floor to ceiling glass maximises natural light and both levels open to spacious balconies with panoramic lake and mountain views.
With its superb location directly over the road from the shores of Lake Whakatipu and a short flat walk into Queenstown’s bustling CBD, Peppers Beacon has long been one of the most in demand managed apartment complexes in Queenstown and with significant refurbishment plans in the pipeline, that reputation is only set to grow I the coming years.
Apartment features circa 187m2 of internal living space plus over 50m2 of balconies across two levels as well as 2 underground carparks.
Apartment comes fully furnished as turnkey solution – chattels package available on request.
Currently managed by Peppers Beacon for short term accommodation as part of a lease agreement with fixed annual rental (through to August 2024), we believe there is a serious upside for the investor looking to maximise rental returns either by self managing or working alongside Peppers Management to take this apartment to the next level.
Property to be sold plus GST (if any).
Contact us today for further information.