Excellent Commercial Retail Residential Units Glenda Drive Queenstown For Sale

Business description

Rare opportunity to purchase two adjoining commercial/residential units either independently or combined.

These units are located in the much sought after Glenda Drive, Frankton;Queenstown's premier commercial area. They are ideally placed with a street frontage, and are the only units in the area that are standalone (combined) and not part of the Body Corporate.

Each unit features 81sq metres of ground floor commercial/retail/storage space. There is a generous 3.3 metre stud, security system and bathroom facilities.

The second floor comprises a 113sq metres (including decks) European styled apartment which can be used as either quality living or further office space. For living purposes, the floor encompasses three bedrooms, open plan kitchen and living, bathroom, laundry and decks.

The units are of concrete construction with double glazed joinery, and enjoy good views. Excellent access and road frontage, and three car parking spaces per unit complete the package.

Each unit is priced at NZ$770,000 plus GST. One unit is leased out at NZ$52,000 plus GST per annum.

Property information

Real Estate:

Real Property Included

Living accommodation:

The flexible upstairs in each unit can be utilised as a three bedroomed apartment if desired.

Location:

Excellent location in Queenstown's premier commercial area. Only approx 5 minutes drive from the airport, and approximately fifteen minutes drive from central Queenstown.

Other information

Expansion potential:

These units are sited in an excellent position to take advantage of the projected expansion of the Queenstown area.

Competition / Market:

The Glenda Drive commercial area is well sought after and has a number of well established businesses in situ. These units have many possibilities which makes them very flexible in any market.

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