Walker & Co
Real Estate Agents
- Listing #:
- RX4893586
- Listed:
- 18 hours ago
Auction
High-Yield Central Queenstown Investment
41C Gorge Road, Queenstown, Central Otago / Lakes DistrictOther
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- 6 Bedrooms
-
- 2 Bathrooms
-
- 1 Living Room
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- 2 Offstreet Car Parks
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- 160m2 Floor Area
About this property
This established boarding house delivers proven income in a market where accommodation supply remains critically tight, positioned within a high-density residential area supporting strong ongoing accommodation demand.Configured with six bedrooms and two bathrooms, the property is currently operated as a multi-room boarding house, generating approximately $2,200 per week for the current owners.
Our owners have secured another purchase and are now looking to release capital, creating a genuine opportunity for the next investor to step into a fully established, income-producing asset.
Sold with vacant possession, fully furnished and Healthy Homes compliant, this is a true turnkey investment with minimal setup required. The simple body corporate structure keeps ownership low stress and cost efficient.
Positioned directly opposite FreshChoice and within easy walking distance to central Queenstown amenities, hospitality, and employment hubs, the location consistently supports strong occupancy and tenant demand.
Properties delivering this level of return, in this location, are tightly held and rarely become available.
To be sold by Auction: Wednesday 25th February 2026 at 13:00 Onsite (unless sold prior).
Visit during one of the Open Homes or contact Maria Rosa for further information.
Sat 7th Feb 11:30am ~ 12:00pm
Sun 8th Feb 11:30am ~ 12:00pm
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