kelvin heights, queenstown, new builds in hign end rentals market

3 x land and new home builds in exclusive subdivision next to the Hilton Hotel in Queenstown. These will be set up as short term rentals and targeted to a high end tourist market.


key investment results

  • Release date: 2017

  • Results date: 2019

  • Stock quantity: 3

  • Timeframe: 2.0 years

  • Conversion of 2 x large apartments to high end short term rentals. Currently under development.

  • High end short-term rentals

  • Purchase price: $1,766,700

  • Value at end: $2,833,300

  • Deal profit: $1,066,600

  • Deal profit: 60%

  • Yield on cost: 10.9%