Queenstown
Safari GroupNew LaunchMountain Oak — 2 Bedroom
36 Red Oaks Drive, Remarkables Park, Frankton, Queenstown
Spacious 2-bedroom apartments at Mountain Oak Queenstown with dual-key configuration options. Ideal for investors seeking flexible rental strategies — long-term residential or short-term visitor accommodation. Stunning Remarkables mountain views.
QueenstownTourism DemandOIO ExemptPremiumMountain ViewsDual-key Option
Mortgage & Yield Calculator
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$203,700
10%50%
10 years30 years
Mortgage Rate: 6.5% p.a. (current NZ average)
Monthly Payment
$3,209
Loan: $475,300
Monthly Cashflow
-$1,864
After all costs & tax
Gross Yield
5.50%
Before expenses
Net Yield
2.38%
After expenses & tax
Annual Breakdown
Gross Rental Income+$37,320
Property Management (9%)−$3,359
Maintenance & Repairs (1.5%)−$10,185
Insurance−$1,350
Net Rental Income$22,426
Income Tax (28%)−$6,279
Net Income After Tax$16,147
Annual Mortgage Payments−$38,511
Equity Built (Principal)+$7,617
Annual Cashflow-$22,364
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.
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Chat with AliciaInvestment Breakdown
$679,000
Entry Price (SGD)
$899,000
Entry Price (NZD)
5.5%
Gross Yield
$3,110
Monthly Rent (SGD)
Simple Cashflow Example (SGD)
Purchase PriceSGD $679,000
Annual Rental IncomeSGD $37,320
Gross Yield5.5%
Net Yield (est. after costs)4.6%
Monthly Rental IncomeSGD $3,110
* Estimates only. Actual returns may vary. Does not include mortgage, management fees, or taxes.
Why This Property
Target Tenant Profile
Families, couples, premium short-term visitors
Demand Drivers
- Dual-key flexibility — residential or visitor accommodation
- Queenstown's four-season tourism economy
- Premium finishes attract higher rental rates
- OIO exempt for Singapore buyers
Nearby Infrastructure
Queenstown Airport — 2 min driveRemarkables Ski Field — 15 minQueenstown CBD — 15 minGolf courses and adventure activities
Unit Types Available
2-bed apartment
2-bed dual-key
Expected completion: Mid-2027
15 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
Bedrooms2 bed
Investment TypePremium
DeveloperSafari Group
Units Available15
CompletionMid-2027
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