Queenstown
Safari GroupNew LaunchMountain Oak — 1 Bedroom
36 Red Oaks Drive, Remarkables Park, Frankton, Queenstown
Safari Group's flagship Queenstown development — Mountain Oak Apartments at Remarkables Park. 1-bedroom apartments with stunning mountain views, professional on-site management, and OIO exemption for overseas buyers. 365-day visitor accommodation consent. Completion mid-2027.
QueenstownTourism DemandOIO ExemptHotel ManagementHigh Yield (5%+)New LaunchVisitor Accommodation
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$144,900
10%50%
10 years30 years
Mortgage Rate: 6.5% p.a. (current NZ average)
Monthly Payment
$2,283
Loan: $338,100
Monthly Cashflow
-$1,269
After all costs & tax
Gross Yield
5.80%
Before expenses
Net Yield
2.52%
After expenses & tax
Annual Breakdown
Gross Rental Income+$28,020
Property Management (9%)−$2,522
Maintenance & Repairs (1.5%)−$7,245
Insurance−$1,350
Net Rental Income$16,903
Income Tax (28%)−$4,733
Net Income After Tax$12,170
Annual Mortgage Payments−$27,395
Equity Built (Principal)+$5,418
Annual Cashflow-$15,224
Note: This is a simplified estimate. Actual returns depend on vacancy rates, maintenance costs, and tax situation. Consult a tax advisor for your specific circumstances.
Want a detailed investment analysis for this property?
Chat with AliciaInvestment Breakdown
$483,000
Entry Price (SGD)
$639,000
Entry Price (NZD)
5.8%
Gross Yield
$2,335
Monthly Rent (SGD)
Simple Cashflow Example (SGD)
Purchase PriceSGD $483,000
Annual Rental IncomeSGD $28,020
Gross Yield5.8%
Net Yield (est. after costs)4.9%
Monthly Rental IncomeSGD $2,335
* Estimates only. Actual returns may vary. Does not include mortgage, management fees, or taxes.
Why This Property
Target Tenant Profile
Tourists, short-term visitors, ski season guests
Demand Drivers
- Queenstown Airport — 2 min drive
- Remarkables Ski Field — 15 min
- Year-round tourism demand
- OIO exempt — no restrictions for Singapore buyers
- Professional hotel management on-site
Nearby Infrastructure
Queenstown Airport — 2 min driveRemarkables Park Town Centre — adjacentNew World Supermarket — 2 min5 Mile Shopping Centre — 6 minJack's Point Golf Course — 11 min
Unit Types Available
1-bed apartment
1-bed + study
Expected completion: Mid-2027
20 units currently available
About Safari Group
Safari Group has over 25 years of experience delivering premium mixed-use developments across New Zealand. Specialising in hotel and residential apartments, they have delivered 2,000+ units and manage the full development cycle from land acquisition to hotel management.
25+ Years Experience2,000+ Units Delivered4 Queenstown Developments
Quick Facts
Property TypeApartment
Bedrooms1 bed
Investment TypeHigh yield
DeveloperSafari Group
Units Available20
CompletionMid-2027
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