Dual Income & Incredible Views
This is a rare opportunity to purchase this large dual-income investment property, offering a total of eight bedrooms spread across two levels. Upstairs features four bedrooms, two bathrooms, and a large deck perfect for soaking in the morning sun and stunning views. Downstairs presents a similar configuration with another four bedrooms, two bathrooms, and its own kitchen and laundry.
Fixed tenancies are in place until July 2025, providing the new owner the option to continue the existing arrangements or plan for future requirements. The current rental income totals $1,550 per week across both units.
Multiple low-maintenance outdoor living areas are designed for a hands-off investment experience. Ample off-street parking ensures that both units have plenty of space. Each unit also comes with a garden shed for additional storage. For year-round comfort, each level is equipped with a heat pump, providing cooling in the summer and heating in the cooler months - The upstairs unit also features an additional woodburner in the lounge for extra warmth.
To top this all off, the home offers postcard Queenstown views which are sure to impress any future tenants. Fernhill continues to be a popular suburb for both investment and residential living, thanks to its close proximity to the heart of Queenstown’s CBD, as well as Fernhill’s local shops and eateries.
Key Features:
• Large dual-income investment or ideal home and income property, comprising eight bedrooms and four bathrooms
• Two heat pumps (one on each level) and an additional woodburner upstairs
• Multiple off-street parking spaces to accommodate both units
Executive summary
Address 6 & 6A Wynyard Crescent, Fernhill, Queenstown
Rates
CV
Floor area
Land area
QLDC: $6,142.40 per annum | ORC: $750.16 per annum
$1,850,000 (2024)
249 sqm more or less
569 sqm more or less
Built 1972
Exterior
Floor coverings
Windows
Hot water
Heating
Insulation
General features
Board and batten
Carpet and vinyl
Mix of single and double glazing
Electric
Heat pumps and woodburner
Ceiling
Flexible income potential
Aspect East
Outdoor features
Excellent lake views
Laundry Downstairs located in the kitchen, Upstairs located in the bathroom
Views Mountain, lake, town
Parking Four off-street car parks
Rental Appraisal
Upstairs - $850.00 to $900.00 per week
Downstairs -$780.00 to $850.00 per week
Other information
The following information is also available for this property - contact us for your copy.
• LIM Report
• Title
• Rental Apprasial
• Floor Plans
• Builders Inspection
• Healthy Home Certificates
Fernhill/Sunshine Bay
Fernhill is known for its close proximity to Queenstown and epic views. Properties range from a 15 minute to 40 minute walk to town, or just a short five minute drive. Fernhill is one of the most affordable suburbs in Queenstown to live in and boasts incredible elevated views of Lake Whakatipu and the surrounding mountains. There are numerous walking tracks in the Fernhill area, and it has a handy local shop and a couple of eateries adding to the appeal.
Highly sought-after by tenants, young families, workers and professionals, it’s also traditionally a popular spot for investors. Sunshine Bay is positioned on the far side of Fernhill and boasts similar housing and popularity, plus a beautiful small beach an easy stroll away.
Rental Appraisal
Date: Monday 17th March 2025
Property: 6 Wynyard Crescent, Fernhill, Queenstown
To Whom It May Concern
Queenstown investment property is our specialty At Pure Property, we focus purely on managing properties to maximise rental income and minimise owner input.
As a small team dedicated to property management and with decades of combined industry experience, Pure Property provides a personalised service allowing us to tailor management options to suit your needs
Pure Property will take care of every aspect of managing your property. Our services include but are not limited to:
High-exposure marketing to minimise vacancy time
In-depth tenant selection to protect your investment
Full and detailed financial reporting
Regular rental reviews and careful arrears control
Skilled maintenance contractors available 24/7
Regular scheduled inspections with photographic reporting
Use of market-leading property management systems and technology
On-call property managers 24/7
Proactive communication
Dual-income property, with eight bedrooms & four bathrooms spread across two levels
Multiple off-street parking spaces to accommodate both units
Two heat pumps (one on each level) and woodburner upstairs
Located in desirable Fernhill, with stunning mountain views and close proximity to Queenstown
Rental Returns Property Description
We believe that a weekly rental return of the current condition of the upstairs unit is estimated to be between $850 and $900 per week, and the downstairs unit to be between $780 and $850 per week.
This appraisal is based on the current market conditions, comparable Pure Property rental properties and advertised properties. Market and seasonal conditions at the time of letting, along with the number of tenants, un/furnished and the length of the tenancy will also influence the actual rent that can be achieved
Please note: Whilst careful market research has been undertaken to provide realistic appraisal information, Pure Property accepts no liability for the accuracy and extensiveness of the appraisal information provided Please do not use the appraisal information for financial purposes
Should you have any queries or require further information in relation to our services, please do not hesitate to contact me on the details attached.
Kind regards,
Billie Cole
Property Manager
P 03 409 0480 M 027 275 2805 E Billie@purepropertyrentals.co.nz
RECORD
OF TITLE UNDER LAND TRANSFER ACT 2017
FREEHOLD
Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017
Identifier OT3A/10
Land Registration District Otago
Date Issued 06 February 1967
Prior References
OT326/44
Estate Fee Simple Area 569 square metres more or less
Legal Description Lot 55 Deposited Plan 11401
Registered Owners
Aaron Edward Clive Hamilton and Tania Lea Oldfield
Interests
Appurtenant hereto is a right to drain water and sewage over part Lot 54 DP 11401 (CT OT3A/9) specified in Easement
Certificate 312086 - 20.3.1967 at 2.41 pm
11913709.3 Mortgage to Bank of New Zealand - 12.11.2020 at 2:16 pm
Meet our team.
Queenstown Residential
Fred Bramwell Director Sales Consultant 021 435 694
Brendan Quill Sales Consultant 021 416 785
Eoin Miles Sales Consultant 027 777 2006
Maria Wyndham Sales Consultant 021 997 522
Paula Gilmartin Sales Consultant 027 376 4395
Stephen Hebbend Sales Consultant 021 453 881
Zach Hylton
Sales Consultant
027 369 6805
Raylene McQueen Business Manager 021 045 0813
Candice Buchanan Sales Consultant 027 630 1283
Hugh Clark Sales Consultant 027 223 2997
Mei Chen Sales Consultant 022 075 9847
Poppy Jefferies Sales Consultant 022 043 9935
Vera Stewart Sales Consultant 021 059 6266
Anna Wang Sales Consultant 027 788 8696
Doug Reid Sales Consultant 027 431 3278
Jesse Johnston Sales Consultant 027 733 7755
Nicole Bell Sales Consultant 021 898 326
Richie Heap Sales Consultant 021 500 815
Vicky Tomich Sales Consultant 021 0265 5092
Colliers
Colliers Otago’s residential sales team provide leading property sales and marketing services with an established track record and unrivalled teamwork. We think global and act local, with strong regional knowledge and connections across all property sectors. Our residential team is focused on adding value to our clients’ investment decisions. We are market leaders in research, allowing a unique, knowledge-based approach to buying and selling. As the largest multi-service real estate professionals in Otago and Southland, we have specialists working in residential property, commercial sales and leasing, tourism brokerage, valuation and advisory. With offices in Queenstown, Wanaka, Cromwell and Dunedin, we can cater for your specific real estate requirements - strengthened by our national & international Colliers network.
Waiver of Liability
The information contained herein or otherwise in relation hereto is provided by Colliers and affiliated companies in their best judgement, in good faith and as far as possible based on data or sources which are believed to be reliable. The material contained herein is not intended to substitute for obtaining individual advice from a qualified professional person. Colliers, its officers, employees and agents expressly disclaim any liability and responsibility to any person whether a reader of this publication or not in respect of anything and of the consequences of anything done or omitted to be done by any such person in reliance whether wholly or partially upon the whole or any part of the contents of this publication. Therefore we record Colliers has used its best endeavours to ensure the information provided is true and accurate but Colliers does not accept any responsibility or liability in respect of any errors, inaccuracies or misstatements which may be contained in them. COPYRIGHT Colliers. All rights reserved. No part of this work may be reproduced or copied in any form or by any means (graphic, electronic or mechanical, including photocopying, recording, recording taping, or information retrieval systems) without the written permission of Colliers.
ANTI-MONEY LAUNDERING
Proving your identity when buying or selling a house
Notes
From 1 January 2019, real estate agents are required to verify the identity of their vendors in accordance with Anti-Money Laundering legislation. In some situations, real estate agents will also be required to verify the identity of purchasers. If your real estate agent cannot verify your identity in line with the legislation, they will not be able to act for you.
Identity verification can take days and sometimes weeks if a Trust or company is involved, or where parties reside overseas.
The below gives an indication of some of the documents your real estate agent may ask you to present in person or as a certified document as part of this process:
Individuals:
Passport, NZ Firearms Licence or NZ Drivers Licence with another document such as a bank statement or statement issued by a Government agency. You will also need to provide a document with your residential address (for example, a utility bill).
Trusts:
The Trust Deed and, for all trustees and settlors, the information required for individuals as noted above, together with information regarding the Trust’s source of funds or wealth. Additional information may also be required for beneficiaries and appointers.
Companies:
Details of the company, together with the information for individuals noted above for every individual with more than a 25% shareholding, all individuals with effective control of the company and all individuals acting on behalf of the company. Information regarding source of funds or wealth may also be required.
Note: The above list is not exhaustive and is indicative only. Your real estate agent will assist you with the specific requirements in relation to your situation.
DISCLAIMER: The material and information contained herein is for general information purposes only and is not intended to form professional legal advice. REINZ does not accept liability for any claim or other action that may arise directly or indirectly from the use of or reliance on the material and information provided herein. REINZ recommends you seek independent legal advice if you are unsure of your legal position.
