Queenstown Property Investment – Finding Services

Posted on Sunday, December 22 2013

Would Queenstown Stack-up as an investment?

 

Queenstown property has become a popular choice for investors in recent years for a variety of reasons. the local real estate is a hot commodity for tourists and residents, as this resort city offers some of the best leisure and recreational opportunities in the southern hemisphere. With four distinct seasons, ample Queenstown jobs and unsurpassed views, and you can see why owning a piece of real estate in this unique location is of interest to many investors. This article will provide benefits of investing in property in the lake district and the name of a company that can help you find the right property for you.

Queenstown and Frankton houses offer a variety of investment opportunities. The average population of this city is just about 23,000 residents, but that number doubles during peak visitor times. This means you can find luxury holiday houses in the City to rent during tourist season. With a population that grows at a rate of 30% every five years, it appears that any type of local real estate New Zealand will be in demand.

Frankton “village” has larger area referred to as the Frankton Flats, this area is undergoing constant developments, Frankton has flat topography, good transport linkages, good access to State Highway 6 and it is the home for Queenstown Airport. the location is approx seven kilometers to Queenstown central business district and been identified as growth area for the Queenstown Lakes district.

Queenstown Property Investment

Queenstown and near by Frankton land may also be a good investment, as more people move into this area and more residential and commercial blocks of land will be in demand. This city boasts long-term sustained growth, perfect for property development. Start early and choose this part of NZ for good long term capital growth prospect. You can use your land for tourist facilities, commercial development or a residential community. land may not look cheaper as an initial investment but may prove to be the most profitable as the land is developed. (this is provided one don’t pay too much at the first place)

When buying Queenstown property, consider rental income you could make in this area. With so many tourists and new job seekers coming into this city every year, rental properties show serious promise as a lucrative investment provided a good property management is in place. Even if you have to pay a local property management company to maintain your property, you can more than pay your expenses with the type of rental fees typical in this tourism hot spot.

The resort city is showing plenty of potential, no matter what type of investment property you choose. the yields in the city are relatively low but property investment deals at around 6%-7% gross yields are achievable. The city also boasts strong employment and population growth numbers for the permanent residents of the community. The high capital growth and long term sustained growth all work together to form a real estate opportunity that is diverse and profitable for most investors.

Finding Queenstown property for investment purposes can be tricky if you don’t know where to look. Queenstown property finders may be your best source for profitable investment property in this area. Unlike real estate agents, property finders work exclusively for the buyer to find the best deal on real estate for investment purposes. For more information on investment property in New Zealand, contact PropertyGenie.co.nz.


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