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For Sale.
Units 121/122/21 Stanley Street
Units 121/122/21 Stanley Street, Queenstown Hill, 9300
2 Bed | 2 Bath | Apartment
$849,000
Property Type: Residential
Floor Area: 90 SQM
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A Quiet Retreat with Central Convenience
Nestled in a quiet rear corner of Scenic Suites Queenstown, Units 121 and 122 combine a fully self-contained one-bedroom apartment with a separately keyed hotel suite.
Refurbished throughout and ready to enjoy, this versatile property offers comfortable accommodation within an established hotel complex, just a short walk from central Queenstown.
The one-bedroom apartment provides space to settle in, with a kitchen, living and dining area, separate bedroom and bathroom. The adjoining hotel suite has its own entrance and bathroom, allowing the accommodation to cater for couples, families or guests travelling together while retaining privacy and independence.
A sunny, north-facing courtyard adds a welcoming outdoor space—a sheltered spot for morning coffee or relaxing after a day exploring the region. The peaceful position gives the property a sense of retreat, while Queenstown’s restaurants, cafés, shops and lakefront remain within easy reach.
Scenic Suites combines apartment-style comfort with the services of an established four-star hotel. Operated under the Scenic Hotel Group brand, the complex offers 24-hour reception, an on-site restaurant and bar, room service and guest facilities, providing a convenient and welcoming base for visitors.
For investors, Units 121 and 122 offer an established leased accommodation proposition. At the purchase price of $849,000 plus GST, anticipated net income after all costs equates to a return of circa 5% per annum.
All units within Scenic Suites are subject to a lease with Monarch Hotels Limited as lessee. The lease is registered against the property title and transfers with ownership.
Key features
- Fully self-contained one-bedroom apartment plus separately keyed hotel suite
- Two bedrooms and two bathrooms across the combined accommodation
- Refurbished throughout and ready to enjoy
- Quiet position in the rear corner of the complex
- Sunny, north-facing courtyard
- Short walk to central Queenstown and the lakefront
- Established hotel operation and guest services
- Anticipated net return after all costs of circa 5% at $849,000 plus GST
- Registered lease with Monarch Hotels Limited, transferring with ownership
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 Details
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