8A Reavers Lane, Queenstown, Queenstown Lakes

Outstanding investment opportunity

Queenstown is experiencing a significant shortage in rental accommodation and as a result the returns from long term rental properties are increasing commensurately. 8A and 8B Reavers Lane is a property that is poised to generate high returns for landlords and provide excellent housing for renters, be they seasonal workers or long-term Queenstown residents. Walking distance from the CBD and comprising nine rooms across two attached dwellings situated on 1220sqm of high-density land, this is an opportunity that investors or companies seeking to provide staff housing will not want to miss.

8A Reavers Lane is a four-bedroom house with a separate one-bedroom flat downstairs and 8B Reavers Lane is a three-bedroom house with a one-bedroom flat. Each unit enjoys ample parking, its own kitchen, laundry and storage facilities, private outdoor space, and fantastic views across the Rugby field to town and over to the Remarkables.

Our vendor has enjoyed excellent income from these properties for many years but is now moving on to new projects and our instructions to sell are clear. For sale individually or as a pair, this property represents a unique opportunity.

The property is to be sold via deadline sale closing at 4pm August 10th (Unless sold prior). Viewing is by appointment. Contact the team today, they would be delighted to hear from you.