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Frankton, Queenstown

Queenstown Multi Tenancy Commercial

LISTING ID: PQT11269

Frankton, Queenstown

Sold on 3 July 2019

Land Size: 1708 m2
Floor Area: 1030 m2

Property Details

73 Glenda Drive is a rarely available commercial Queenstown property. Located inside Queenstown's Successful Frankton Industrial area which includes Glenda Drive and Shotover Park which is now clearly established as Queenstown's key commercial and industrial location.

Glenda Drive neighbours the commercial and retail precincts of 5 Mile and Remarkables Park as well as Queenstown Airport, centering this property amongst the hub of Queenstown's commercial activity. 73 Glenda is a multi-tenanted property, with 3 stable and secure tenants and fourth new tenant due soon.

Current market rentals are documented with immediate potential for improvements in rental income during 2020. Modern and well-maintained buildings with plenty of parking and good heavy vehicle access to all units and all ground surfaces paved. Wide street frontage on a high profile corner of the high traffic volume Glenda drive.

This is a strong and stable investment, located in a prime Queenstown location and rarely available, suitable for investor or a business seeking ownership. Vendor is seeking offers from $4,100,000 + GST (if any).

Contact Adrian for detailed information.

If you would like to view this property or discuss similar listings in this area I have available, please contact me for further information.
Adrian Snow Email Adrian Snow
Adrian Snow
Principal
p:
03 442 7747
h:
03 442 7745
m:
021 443 543
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