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Queenstown
Safari GroupNew Launch

Mountain 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. Choose between long-term rental (5.8% yield) or Airbnb strategy (9.2% yield). Completion mid-2027.

QueenstownVisitor Accommodation1-bedHigh Yield (9%+)OIO Approved

Mortgage & Yield Calculator

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$144,900
10%50%
10 years30 years
Mortgage Rate: 6.5% p.a. (current NZ average)
Monthly Payment
$1,831
Loan: $338,100
Monthly Cashflow
-$817
After all costs & tax
Gross Yield
9.20%
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−$21,977
Equity Built (Principal)$0 (Interest-only)
Annual Cashflow-$9,806
Note: This is a simplified estimate. Interest-only mode shows positive cashflow but does not build equity. Actual returns depend on vacancy rates, maintenance costs, and tax situation. Consult a tax advisor for your specific circumstances.

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Investment Breakdown

$483,000
Entry Price (SGD)
$639,000
Entry Price (NZD)
9.2%
Gross Yield
$2,335
Monthly Rent (SGD)

Simple Cashflow Example (SGD)

Purchase PriceSGD $483,000
Annual Rental IncomeSGD $44,460
Gross Yield9.2%
Net Yield (est. after costs)7.8%
Monthly Rental IncomeSGD $3,705

* 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 (Airbnb) or long-term tenants

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
  • Airbnb premium pricing in ski season

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

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