Apartment 306 – The Rees
5/371 Frankton Road, Queenstown
- 3
- 2
- 2
- 1
- 136 ㎡
$1,695,000
This beautifully presented three bedroom, two bathroom, dual key apartment takes pride of place on the front row of Queenstown’s leading apartment hotel – The Rees.
Lakefront location and stunning views unite with superb architectural and interior design, exacting construction standards and luxurious furniture and fittings to assure guest and owner satisfaction alike.
Opportunities like this do not come around very often, so when an owner decides it’s time to move on, you need to act fast. And given the ongoing performance of The Rees in terms of both income and capital gains, it is not hard to see why.
At 109m2 internal plus 27m2 in balconies (136m2 total), this is fantastic apartment with plenty of room for family living including a second lounge in the dual key configured hotel suite.
Open-plan kitchen/living/lounge area leads onto a large private balcony enjoying glorious morning sun. And a second living area in the Master bedroom means there’s plenty of space for the kids and adults to relax and unwind after a busy day of activities.
Fully furnished by renowned Arrowtown designer Ed Cruikshank and with a fully equipped kitchen with granite bench tops, under floor heating, sophisticated and spacious Arclinea bathrooms and quality fittings throughout, if you are considering a 5 star investment then this apartment deserves your attention.
Apartment comes with 1 underground car park with its own storage locker along with an internal locked cupboard, so plenty of room for all your winter (and summer) toys.
109m2 Internal measure plus 27m2 of balconies
If you are looking for a premium lifestyle apartment and a secure investment, act now as we don’t expect this property to be available for long.
Income history available on request. Currently on track to deliver a net return to the owner in excess of 5%.
Property will be sold as going concern – plus GST (if any)
Contact us today for further information and price expectations.
Your dream executive apartment awaits at The Rees Hotel Queenstown.
- Stunning lake and mountain views
- Spacious, open plan interior with floor to ceiling glass doors opening onto expansive balcony
- Generous 2.7m stud height in living area
- Ed Cruikshank designed solid timber furniture
- Arclinea kitchens and bathrooms by Matisse
- Décor by award winning designer Jayne Hampersum
- Walk-in showers, heated towel rails and mirrors
- Double glazing, underfloor heating (tiled areas), 100% wool carpets
- Luxury beds manufactured by Sleepyhead for The Rees
- Full technology package including LED TVs, DDI Polycom phones, high speed broadband, bluetooth speaker and in-room tablets
- Undercover car park with owner’s storage locker
- Elevator and stair access to every level
- Stair and walking track access to Lake Wakatipu
- Full laundry with quality Fisher and Paykel appliances
- Gas Fires in living area, panel heaters in bedrooms
- Full management for visitor accommodation by The Rees Management Limited
