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For Sale.

The Lakehouse/159A Frankton Road

The Lakehouse/159A Frankton Road, Town Centre, Otago, 9300

4 Bed | 3 Bath | 1 Car | Townhouse | 187 sqm

Price by Negotiation

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Property Type: Residential

Floor Area: 229 SQM

Land Area: 187 SQM

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Your Queenstown Escape. Ready When You Are.

Wake to Lake Wakatipu stretching before you, watch the light move across the Remarkables, and wander down to the lakeside track for a morning stroll into Queenstown. This architecturally designed, four-bedroom townhouse delivers generous space, refined finishes and sweeping lake and mountain views. Fully consented for 365-day visitor accommodation, it combines the appeal of a luxury Queenstown retreat with an established income stream (owner income exceeded $200,000 for YE March 2026 after all costs). The main living level is where the outlook takes centre stage. Floor-to-ceiling sliding doors open to a private balcony, creating an effortless connection between the open-plan interior and the lake beyond. Enjoy a morning coffee, gather for dinner, or settle beside the Escea gas fireplace as evening falls across the mountains. American oak detailing, 2.7-metre ceilings on the living level and a sophisticated kitchen with stone benchtops and Miele appliances bring warmth and quality to the home. Every finish has been thoughtfully selected to balance luxury with the durability and ease of care that premium visitor accommodation demands. Occupying the upper level, a master suite offers a private retreat with a walk-in wardrobe, ensuite and breathtaking views. A second master downstairs also enjoys stunning lake and mountain views and an expansive ensuite complete with lakeview bath. Two further bedrooms (one lakeview) and one bathroom complete the lower level, providing comfortable accommodation for family and guests, with flexible bedding configurations enhancing its versatility. An extensive heating package ensures year-round comfort, while an oversized internal-access garage (with laundry), owner’s storage and additional off-street parking make arrivals and extended stays easy. Direct access to the Frankton walking track and Lake Wakatipu completes a lifestyle offering within easy walking distance of Queenstown’s restaurants, shops and attractions. For buyers seeking a premium Queenstown property with proven earning power, this is a compelling combination of lifestyle, location and income. Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken, and some photographs may have been digitally enhanced for marketing purposes. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement. However, its accuracy cannot be guaranteed. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

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Property Agents​

Simon Green

Simon Green

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Graeme Jackson

Graeme Jackson

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Property Details

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