16B & 16C Lomond Crescent
Queenstown, Queenstown Lakes District
Price by Negotiation
4
4

High Income Producing Investments!

With strong year on year short term rental return growth, these properties are a proven investment asset to add to your portfolio - producing higher returns than money in the bank!

Built in 2022, these two stylish apartments contained within a freestanding building, are situated in an elevated, central location with world class lake and mountain views.
Each single level apartment consists of two bedrooms, two bathrooms (both ensuites), plus an off street carpark. They are a short, leisurely walk to town and benefit from the very popular bike and walking trails right on their doorstep.

The facts speak for themselves on why these are a fantastic investment:
• Purpose built rental properties, with 365 VA consent in place.
• Approx. $316,000 in gross income combined for both properties (Dec 23 - Dec 24).
• Proven returns with over a 5% return after running costs for year (ending March 24).
• An expected higher percentage return for the year (ending March 25), based on a significant increase in income and bookings for the 24-25 YTD.
• An impressive 90% + occupancy rate!
• Both properties have excellent online ratings at 95%, 5 stars.

Floor Area 16B: 71sqm
Floor Area 16C: 68sqm

Open Homes

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Property Features

Property ID: QTN30520
Bedrooms: 4
Bathrooms: 4
Listed By:Wakatipu Realty Group Limited Licensed (REAA 2008)
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Chattels:

  • Cooktop Oven
  • Rangehood
  • Dishwasher
  • Blinds
  • Light Fittings
  • Floor Covers
  • Curtains
Sarah Mare, Licensee Salesperson at Ray White Arrowtown