112/4 Lake Avenue, Frankton, Queenstown, Otago

Experience the ultimate in lakeside lifestyle with the very last available top-floor studio apartment at HQ Apartments. With soaring cathedral ceilings and uninterrupted lake views, this final unit offers a heightened sense of space, style, and serenity—without the seven-figure price tag.

With all others now sold, this is your last chance to own in this tightly held complex.

Originally built as luxury accommodation, these self-contained studios are a rare opportunity to secure prime Queenstown real estate at a fraction of the median property price. Whether you’re looking to enter the Queenstown property market or expand your rental portfolio, this is one not to miss.

Perched above Frankton Beach and reserve, these apartments offer unbeatable lake and mountain views, perfect for summer swims, paddleboarding, or relaxing by the water. Enjoy the convenience of walking to the Hilton Hotel, marina dining precinct, and Queenstown Airport. Public transport, shops, and the Remarkables Ski Field are all within easy reach.

Renovated in 2011, these stylish, modern studios feature:

Full insulation, double glazing, and updated plumbing/electrical systems

Open-plan living with queen bed configuration and built-in storage

Contemporary ensuite bathroom and Rinnai gas heating

Well-equipped kitchens with ceramic hobs, microwave convection oven, fridge-freezer

Sunny deck with unbeatable lake views

Access to communal laundry and ample off-street parking

This property has proven rental appeal and strong historical returns, ideal for long-term tenancies or visitor accommodation (subject to consent), or simply as an affordable residence in a prestigious location.

✅ Only Unit Remaining

112 – UNDER CONTRACT

113 – SOLD

114–120 – SOLD

This is the final opportunity to buy in at HQ Apartments. Contact Keeley or Niki today to arrange a time and discover what makes this property so special.

? Don’t delay—this last unit will not last long! First in, first served.