71 Arrowtown-Lake Hayes Road, Lake Hayes - IM

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Craft a legacy on Lake Hayes

71 Arrowtown-Lake Hayes Road

Discover a rare opportunity to secure a premium 2,673 sqm lakefront section in one of Queenstown’s most coveted locations. Positioned on the shores of Lake Hayes, this expansive site offers direct access to the water and panoramic views of Coronet Peak, The Remarkables, and the Wakatipu Basin.

Design your dream residence or invest in a highly desirable addition to your portfolio. Whether you're envisioning a luxurious family home or a bespoke architectural retreat, this property provides an unmatched canvas, where nature frames every moment.

Enjoy ultimate privacy and tranquillity, just minutes from Arrowtown’s historic charm and a short drive to Queenstown’s world-class amenities –from golf courses and vineyards to ski resorts and fine dining.

With its direct lakefront access, sweeping alpine vistas, and prestigious location, 71 Arrowtown-Lake Hayes Road is set for sale. Get in touch with us today to secure this blue-chip generational opportunity.

Key Features:

2,673 sqm lakefront site with development opportunity

Panoramic mountain and lake views with direct lake access

Perfectly positioned between Arrowtown and Queenstown

Executive Summary

Address

71 Arrowtown-Lake Hayes Road

QLDC: $8,634.58 per annum

ORC: $2,264.31per annum

$5,000,000

North-West

Mountain and Lake views

Low Density Residential

This prime 2,673 sqm, lakefront site is located on the eastern edge of Lake Hayes. The site obtains panoramic views of Lake Hayes, Coronet Peak and of the surrounding hills and mountains.

The property is located approximately 15 kilometres northeast of Queenstown and approximately 5 kilometres south of Arrowtown.

The site benefits from a 54.40-metre frontage to the Lake Hayes walking track and impressive, wide, lake and mountain views.

Welcome

Welcome to the Colliers Auction for 71 ArrowtownLake Hayes Road

If you haven’t been involved in an auction process before, or even if you have and would like to learn more, please take a few moments to read the information below regarding how the price expectation for an auction is generated.

As the property is being marketed and potential buyers are being taken to the listing, the agents listen carefully to the responses of the interested parties and their feedback on the value of the property – after all, buyers who are actively in the market, comparing and contrasting properties every day, generally have very valuable opinions on what the property is worth. The sales consultants will then take this feedback to the vendor.

For this reason, we ask that all interested parties view the property with an open mind and always take time to indicate to the Sales Consultant where in the market they believe the property will sell. Potential purchasers should never feel embarrassed, as there really are no right or wrong answers – the value of a property is what the market is prepared to pay at that time.

Once the buyer feedback is communicated to the vendor and as the campaign reaches a close prior to the auction, the Sales Consultant will discuss the value of the property with the vendor and set a reserve price. The reserve price for the auction is never set in advance, only in response to the feedback from the marketing campaign.

We hope this has provided you with some insight into the auction process.

Thank you for your interest in this property.

Boundary indicative only

Other Information

The following information is also available for this property – contact us for your copy.

• • LIM Report (Land Information Memorandum)

Record of Title

Zoning Lot 6 DP 15921 (Site)

The Lower Density Suburban Residential Zone is the largest residential zone in the district and allows for typical residential development as well as the inclusion of a 70sqm residential flat (non-subdividable), subject to meeting bulk and location requirements. The objectives, policies and roles are contained within chapter 7 of the district plan.

The Lower Density Suburban Residential Zone is the most common residential zone in the District, providing for residential development within the urban growth boundaries. Lot sizes within this zone are typically between 450 and 1000sqm with the main building type being standalone housing. Houses should be designed to a high quality and reflect the character of the surrounding area and zone in terms of form, materials, colour, setbacks and landscaping. There is provision to allow sites down to 300sqm in area and larger comprehensively designed developments as for the construction of non-subdividable residential flats.

Well-designed low density developments can contribute positively to urban settlements if the Design Principles are followed. With larger sites, there is greater flexibility for design and site layout without adversely compromising urban design principles. However, the Design Principles and Elements outlined above and following are still relevant, and contribute to creating a higher amenity, more connected community. Community facilities and home occupations are anticipated in the zone, subject to controls as it is recognised that some activities are best suited to being within a residential community.

QLDC - 2021

Map - Low Density Residential

Record of Title

71 Arrowtown-Lake Hayes Road, Lake Hayes

RECORDOFTITLE

UNDERLANDTRANSFERACT2017

FREEHOLD

GuaranteedSearchCopyissuedunderSection60oftheLand TransferAct2017

Identifier

LandRegistrationDistrict

OT6D/1446 Otago

DateIssued

PriorReferences

OT392/72 OT396/10 02February1977

Estate Area

LegalDescription

RegisteredOwners

FeeSimple 2673squaremetresmoreorless Lot6DepositedPlan15921

GerardWilliamMcQuilkinandWFTrustees2005Limited

Interests

ThepartSection64hereinissubjecttoSection59LandAct1948

Queenstown Residential and Lifestyle Section Market Overview

Like most centers around New Zealand, the Queenstown residential market has felt the effects of sustained high interest rates and restricted household spending. There has been an increased supply of homes for sale, with listings taking longer to sell, and sales volumes have reduced by around 40% from the 2021 market peak. 2024 / 2025 has seen a softening and slowing phase in the market, resulting in dynamics shifting in favour of buyers. However, displaying its trademark resilience, Queenstown has bucked the national trend of value reductions and has instead displayed continued, albeit weak, value growth across the residential market. The region continues to deliver consistent and solid capital gains in most market segments.

The lifestyle section sales market has been challenging during 2024 due to the relatively high cost of construction as well as high interest rates. As construction costs stabilise along with decreasing interest rates, sales volumes will increase in response.

One team: accelerating success

FRED BRAMWELL

Director, Sales Consultant

021 435 694

HUGH CLARK

Sales Consultant 027 223 2997

RICHIE HEAP

Sales Consultant

021 500 815

RAYLENE MCQUEEN

Business Manager 021 045 0813

JESSE JOHNSTON

Sales Consultant 027 733 7755

STEPHEN HEBBEND

Sales Consultant 021 453 881

ANNA WANG

Sales Consultant 027 788 8696

MARIA WYNDHAM

Sales Consultant 021 997 522

VERA STEWART

Sales Consultant 021 059 6266

BRENDAN QUILL

Sales Consultant 021 416 785

MEI CHEN

Sales Consultant 022 075 9847

VICKY TOMICH

Sales Consultant 021 0265 5093

CANDICE BUCHANAN

Sales Consultant 027 630 1283

NICOLE BELL

Sales Consultant 021 898 326

ZACH HYLTON

Sales Consultant 027 369 6805

DOUG REID

Sales Consultant 027 431 3278

PAULA GILMARTIN

Sales Consultant 027 376 4395

EOIN MILES

Sales Consultant 027 777 2006

POPPY JEFFERIES

Sales Consultant 022 043 9935

Colliers Otago

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.

www.colliersotago.co.nz

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