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LOT 8, 154 ARTHUR’S POINT ROAD, ARTHUR’S POINT PRICE BY NEGOTIATION E queenstown@colliers.com W colliers.co.nz/208936 T 03 441 0790

Otago Realty (NZ) Ltd, Licensed agent REAA 2008


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A HOME OF DISTINCTION Capturing the essence of alpine living, this soon-tobe-built home takes a dream location to a new level of luxury. Architecturally designed, the striking, angular exterior utilises mixed media to craft a contemporary residence which is both at home in its surroundings and a stand-out work of art. Gracefully positioned to take advantage of the sloping site, the elevation invites incredible river views into the home. The highly-specified interior finishes encompass intelligent solutions such as LED lighting and hydronic underfloor heating to maximise light and ambience throughout. Beautiful engineered timber flooring, thick tiles and plush carpet ensure comfort underfoot, and the large kitchen showcases up-tothe-minute design including generous island bench. • Four bedroom, three bathroom home & garage • Set in unique enclave of just eight sites with gated access • Multiple outdoor living areas • Highly-specified interior and exterior • Superb location, seven minutes’ drive to central Queenstown • Price is + GST (if any)

4 Bedroom

3 Bathroom

1 Living Area

Single Garage

1 Off-Street Park

211m2 Floor area

486m2 Land area


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EXECUTIVE SUMMARY ADDRESS RATES

Lot 8, 154 Arthurs Point Road, Arthur’s Point, Queenstown QLDC: Currently unavailable ORC: Currently unavailable

CV

$300,000

FLOOR AREA

486m² more or less

LAND AREA

211m² more or less

BUILT

2018

EXTERIOR

Cedar, Colorsteel, Corten Steel, Iron roof

FLOOR COVERINGS

Carpet, Tiling, Wood floor

WINDOWS

Aluminium joinery, Thermally broken double glazing

HOT WATER

Gas

HEATING

Wood burner, underfloor heating

INSULATION

Ceiling R5; Floor R3.6; Wall R2.8

GENERAL FEATURES

Architect designed, Indoor/outdoor living, Sheltered, Sunny, Quiet, Private

ASPECT

North, South

OUTDOOR FEATURES

Garden, Decking, Balcony

LAUNDRY

Part of Bathroom

VIEWS

Mountain, River

PARKING

1 x Off-street park

RENTAL APPRAISAL

$875-1050 p/week; $750 p/night

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6

OTHER INFORMATION The following information is also available for this property - contact us for your copy. • Specifications & plans • Supporting documents


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-

A

B

C

D

E

F

1,300

4,975

900

150

110

140

Y

E-04 A201

A303

Ground Floor Plan 1:50

275 140

2,875

2,150

3,735

1,000

935

365

1,160

140

1,000

90

600

90

2,915

140

1,280

3,436

1,701

4,084

Planting

12 A502

4.00m, 349° 49'

30.94m, 349° 49'

1

4000 EASEMENT

280

140

A302

D

2,480

Planting

12

4,000

1,955

4,735

90

820

5,810

5,530

90

610

03 A506

S

2

90

1

5

6

7

8

9

10

11

12

13

14

15

13

STAIRS Total Rise: 3000mm Width: 1000mm Riser: 176mm Tread: 280mm Nosings: 25mm

E-07 A202

1

C

2

5,000

4,720

A301

08 A502

Lounge

FFL +448,800

A: 101.2m2

HOUSE Lot 8

Dining

140

11

1

2

3

4

13 A502

Patio 19.1m2

+448,700

Entrance

all

GARDEN STAIRS Total Rise: 770mm Width: 2350mm Riser: 154mm Tread: 280mm Nosings: 25mm 5

Existing Access Road

150∅ EXTRACT FAN 100∅ STACK

17

3

350 140

09 A502

1,000

2

16

04 A502

03 A502

14.00m, 80° 59'

+449,331

0F

1:4

il

ra

nd

Ha

4

3

4

Existing Timber Retaining Wall

3,245

14.00m, 80° 59'

3

+448,610

E-05 A201

sump

10 A502

04 A506

High level window

+448,447

Deck

+448,447

+448,222

Bedroom 3

40 ∅ VENT

11 A502

100∅ DP

FALL

02 A502

+448,550

Planting

Retaining wall not part of Building Consent

En-Suite

FAN

High level window

01 A502

Lawn

+449,319

2

Handrail

5,810

4

C

1:100 Fall

5

140

Kitchen

5

+449,420

660

100∅ DP

795

05 A502

140

6

07 A501

182 SETOUT

06 A502

6

07 A502

100∅ DP

04 A502

1,735

140

+449,348

3,490

Garage

+449,380

A301

FIRE RATED WALL FRR - 30/30/30 SYSTEM - JHETGJ30

D A302

50mm shower set down

G

1

WOOD BURNER (SELECTION TBC)

1:100 Fall Pantry F/F

4.00m, 349° 49'

30.64m, 349° 49'

4,000 1,665 6,035 140 5,695 140 4,785 140

A

B

C

D

E

F

G

A303

Y

E-06 A202

S

HW

MAN

HP

FLOOR FINISHES KEY

NOTE:

SMOKE ALARM - MAX 3m FROM BEDROOM DOORS

FIRE SAFETY KEY

7126RH 4.1 RINNAI INFINITY® - EXTERNAL CONTINUOUS FLOW GAS HOT WATER HEATING UNIT [refer spec]

7701 4.13 BATHROOM FANS [refer spec] MANROSE INLINE FAN AND GRILLS. 150Ø extract fan with ducting in ceiling space. 50L/sec. Vent out through soffit

7545 4.3 UNDERFLOOR HEATING - MANIFOLD [refer spec]

R

ME R

IN TE

S UM

W

VERY HIGH

Addition of Ventilation Stack to Roof for BC RFI

A106

B

TK

THE CONTRACTOR SHALL CHECK AND VERIFY ALL DIMENSIONS, LEVELS AND ANGLES ON SITE PRIOR TO COMMENCING ANY WORK. THE COPYRIGHT OF THESE DRAWINGS AND ALL PARTS THEREOF REMAIN THE PROPERTY OF KOIA ARCHITECTS

SHEET:

REV:

CHECKED: RA SCALE @ A1: 1:50

Ground Floor Plan

TITLE:

DRAWN: SCALE:

AGRITECH GEOTECHNICAL ENGINEERS

SULLIVAN HALL CHARTERED ENGINEERS

CLARK FORTUNE MCDONALD & ASSOCIATES

CONSULTANTS:

Deavoll Construction Ltd

CLIENT:

16/03/18 Date

18/05/18

#17138

Lots 8, 154 Arthurs Point Road, Queenstown

DEAVOLL HOUSES LOT 8

REF:

BUILDING CONSENT

Revision

Addition of sump and drainage fall change to Patio for BC RFI

ChID

11

Door position change for new Detail 04 A506 for BC RFI 12

13

PROJECT:

A RevID

B

PROFESSIONAL BUILDING CONSULTANTS LTD

21/JUN/2018 Geri Sizoo

REVISED PLAN

All lighting in access routes to comply with clause G8 of the New Zealand Building Code: - provide adequate artificial lighting which will enable safe movement. - minimum of 20 lux at floor level

LIGHTING NOTE:

• Verify all dimensions on site prior to commencing any works. • Use figured dimensions in preference to scaling from drawings. • Read these drawings in conjunction with Architectural specification and all conultants documentations. • All timber species, grade, preservation treatment, and in service moisture range to be suitabel for their end use environment and comply with NZS 3602 : 2003. • All timber SG8 minimum unless noted otherwise. • All timber to be separated from concrete or masonry by damp proof course. • Apply proprietary materials & components to the manufacturers expressed written instructions. • Material performance to comply with all aspects of the NZ Building Code approved documents NZS3604:2011 and local authority bylaws and regulations. • Finished levels in relation to interior floor levels to NZS3604:2011. • Plumber to confirm with T/A on backflow prevention. • All steel work & materials to comply with NZS3404 and welders to be qualified to NZS4711. • All concrete work to comply with NZS3109 All foundations to extend to firm 300kPa bearing. Refer Structural Engineer.

GENERAL NOTE:

WIND ZONE:

LOT 8 = 486m2

E

LOT 8 = 211.6m2

E

R IS

TOTAL FLOOR AREA:

R IS

LOT 8 DP 520106 GROSS SITE AREA:

ER

T ER W IN

MM

SU

T

SET

SE

LEGAL DISCRIPTION:

ALL ARCHITECTURAL DRAWINGS MUST BE READ IN CONJUNCTION WITH THE STRUCTURAL ENGINEERING CALCS, DRAWINGS AND DETAILS. ADDITIONALLY REFER TO GEOTECHINCAL REPORT FOR MORE INFORMATION

VENT

4221CV 4.1 CEDARSCREEN VERTICAL SHIPLAP [refer spec] 4221CVHEATING 4.4 CASTELLATED CAVITY 7545 4.5 UNDERFLOOR - PUMP [refer spec] BATTENS - STRUCTURAL [refer spec]

HEATING/VENTING KEY

EXTERIOR TIMBER DECKING - SELECTION TBC

EXTERIOR PATIO TILES SELECTION TBC

20mm STONE TILE FLOORING SELECTION TBC

19mm ENGINEERED TIMBER FLOORING SELECTION TBC

CARPET ON 10mm UNDERLAY SELECTED TBC

INDICATIVE FLOOR PLAN

275

NORT H

1,270 SETOUT

8

source: QLDC edocs

17,210


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Date:

12th July 2019

For:

To Whom It May Concern

Property:

Lot 8, 154 Arthur’s Point Road Arthur’s Point, Queenstown

Regarding:

Rental appraisal

Great returns - Smart solutions - Sound advice 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 understand the market Property dynamics which underpin our unique community. We don’t take a ‘one-size fitsall’ approach, instead, our personalised service allows us to tailor management options to suit your needs.

Pure Property will take care of every aspect of managing your property and ensuring it’s kept as you like it. Our services include: -

High-exposure marketing to minimise vacant time

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In-depth tenant selection to protect your investment

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Full and detailed financial reporting

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Monthly payment schedule

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Regular rental reviews and careful arrears control

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Skilled maintenance contractors on hand 24/7

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Regular scheduled inspections with photographic reporting

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Use of market-leading property management systems and technology

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On-call property managers

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Pro-active communication


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Thank you for providing Pure Property with the opportunity to appraise the rental potential of your investment. I have discussed the home with our property management team to provide you with our feedback on the weekly rental potential of the property. We are delighted to be able to provide you with these details and look forward to more discussion with you regarding our management and marketing services.

Property description

Rental returns

• • • • •

Four bedroom, three bathroom home with garage Set in unique enclave of just nine sites with gated access Multiple outdoor living areas Highly-specified interior and exterior Superb location, seven minutes' drive to central Queenstown

We believe that a weekly rental of $875 to $1,050 could be achieved in the current market The estimated rental value provided above is our opinion only and is relevant as at the date of this letter and to market conditions and circumstances prevailing at this time. Pure Property accept no responsibility for any person who relies on this appraisal for financial purposes.

Should you have any queries or require further information in relation to our services, please do not hesitate to contact our office.

Kind regards,

Marissa Le Comte Property Manager P 03 409 0480 M 021 970 088 E marissa@purepropertyrentals.co.nz


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Rental Appraisa l

Rental appraisal - short term Lot 8 and 9, 154 Arthurs Point Road, Queenstown

Personally prepared for:

To whom it may concern

www.relaxaway.co.nz Top floor , 10 Athol Street | Queenstown | New Zealand T: +64 (0)3 442 7013 | F: +64 (0)3 441 8857 | E: queenstown@relaxaway.co.nz


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Thank you Thank you for the opportunity to appraise your Queenstown property for holiday letting. Relax away holiday homes offer a premium service for owners and guests alike. Over the next two pages you’ll find information on comparable properties currently under Relax away management to give you a clear picture of the potential of your asset. Lot 8 and 9, 154 Arthurs Point Road will be stunning properties in a sought-after location, offering many attributes including:

Three bedrooms and three bathrooms Media room Double garage with internal access Mulitple outdoor areas Seven minute’s drive to Queenstown Coronet Peak just minutes away Highly-specified interior finishes

We’re pleased to be able to utilise our extensive market knowledge and suite of comparable properties to provide you with advice on the likely rental returns which may be generated by your property. The rental ranges shown here are reflective of the current market and cover an average of peak and off-peak rates. Renting your property as a holiday home is an attractive option, particularly to owners who seek flexibility of use combined with strong income potential. Taking holidays at times to suit you is a significant drawcard when comparing the advantages of holiday letting to the income security of long-term letting. Bear in mind, however, that we have a sister company offering long-term letting so are able to maximise your income through use of a combined letting strategy - please let me know if this is something which interests you. For owners living outside of the Queenstown area, the superior level of management, comprehensive communication and detailed attention to property maintenance ensure peace of mind wherever in the world you may be. The rental estimate provided overleaf takes into consideration every aspect of the property and its situation, including:

Property specification Size of property Number of people to be accommodated Location Views Position within the market Owner usage (and timing of this)

Occupancy Occupancy rates are the biggest variable in any holiday home, varying between 90 and 300+ nights per annum, with the majority achieving 150-250 nights per annum.

www.relaxaway.co.nz Top floor , 10 Athol Street | Queenstown | New Zealand T: +64 (0)3 442 7013 | F: +64 (0)3 441 8857 | E: queenstown@relaxaway.co.nz


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Rental range Based on our experience with comparable properties, we suggest a nightly rental tariff of between $675 and $1200 per night, dependent on time of year.

Below is a table estimating appropriate nightly rental and potential returns for your property. The estimated rental value provided above is our opinion only and is relevant as at the date of this letter and to market conditions and circumstances prevailing at this time. Relax away accept no responsibility for any person who relies on this appraisal for financial purposes.

Estimated nightly rental Occupancy

90 days

120 days

150 days

200 days

Nightly rate*

$750

$750

$750

$750

Gross income

$67,500

$90,000

$112,500

$150,000

40% running costs $27,000

$36,000

$45,000

$60,000

Net income

$54,000

$67,500

$90,000

$40,500

* Nightly rate averaged at $750 per night

www.relaxaway.co.nz Top floor , 10 Athol Street | Queenstown | New Zealand T: +64 (0)3 442 7013 | F: +64 (0)3 441 8857 | E: queenstown@relaxaway.co.nz


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Setting rates Whilst the rates outlined summarise our initial thoughts on the property, please be aware that these may require amendment following a more detailed viewing of the property and understanding of your expectations around income and occupancy. We have found that some owners wish to utilise the property for themselves, friends and family throughout the year, so it’s worth noting that the timing and volume of this can significantly impact the income potential of the home. To calculate accurate yields we will also require information on rates, insurance and body corporate fees.

Where to from here Thank you again for the opportunity to introduce the services which Relax away have to offer and to appraise the holiday letting potential of your beautiful property. I’ll leave you with what makes the difference when letting with Relax away:

Operating since 2011, we’re a proven, longstanding company with a wealth of very happy customers Our team of industry professionals offer 24/7 service to guests and owners alike A focus on maximising owner income delivers outstanding results Your property is marketed across all important channels and portals Live online bookings provide peace of mind Professional marketers capture a concise and compelling vision of your property to entice guests Full comprehensive financial reporting and organisation of maintenance are all part of the service

For any additional information, please get in touch on the details below. I look forward to speaking with you further.

Jenny Parkes Manager 027 554 4023 jenny@relaxaway.co.nz

www.relaxaway.co.nz All care has been taken in preparing this appraisal, however Relax away holiday homes, its directors or employees accept no responsibility for the accuracy of the information at any time including liability in negligence to any other person. Whilst we believe this information is accurate, no liability can be accepted by Relax away holiday homes, its directors or employees for copy error or omission.


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QUEENSTOWN RESIDENTIAL SALES TEAM

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FRED BRAMWELL 021 435 694 fred.bramwell@colliers.com

STEPHEN HEBBEND 021 453 881 stephen.hebbend@colliers.com

BRENDAN QUILL 021 416 785 brendan.quill@colliers.com

JAMES O’HAGAN 021 909 323 james.ohagan@colliers.com

RICHIE HEAP 021 500 815 richie.heap@colliers.com

GRAEME JACKSON 021 667 067 graeme.jackson@colliers.com

SOPHIE JAMES 027 463 5361 sophie.james@colliers.com

MARIA WYNDHAM 021 997 522 maria.wyndham@colliers.com

EMMA LUPS 027 428 5100 emma.lups@colliers.com

NICOLE BELL 021 898 326 nicole.bell@colliers.com

JANNETTE HIGHSTED 021 608 613 jannette.highsted@colliers.com

ROWAN MCDONALD 021 222 6314 rowan.mcdonald@colliers.com

JESSE JOHNSTON 027 733 7755 jesse.johnston@colliers.com

SCOTT COLLINS 027 478 4661 scott.collins@colliers.com

HUGH CLARK 027 223 2997 hugh.clark@colliers.com

STEVE LINDSAY 021 454 417 steve.lindsay@colliers.com

KATH CRUICKSHANK 027 436 8531 kath.cruickshank@colliers.com


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COLLIERS INTERNATIONAL OTAGO Colliers International 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 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 International 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 International, 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 International has used its best endeavours to ensure the information provided is true and accurate but Colliers International does not accept any responsibility or liability in respect of any errors, inaccuracies or misstatements which may be contained in them. COPYRIGHT Colliers International. 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 International.


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ATTENTION

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PROVING YOUR IDENTITY

From 1 July 2018, lawyers and conveyancers are required to verify the identity1 of their clients in accordance with anti-money laundering legislation. If your lawyer cannot verify your identity in line with the legislation, they will not be able to act for you. If your lawyer cannot act for you, you may not be able to satisfy the conditions of your property purchase and will not be able to settle your property purchase or sale. As identity verification can take days and sometimes weeks if a trust or company is involved, we strongly recommend that you contact your lawyer as soon as possible to have your identity verification completed. The below gives an indication of some the documents your lawyer may ask you to present in person or as a certified document as part of this process:

Individuals: Passport, NZ Firearms Licence or NZ Driver 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 lawyer 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. 1 Lawyers are required to complete a “Customer Due Diligence” process in accordance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009


KNOWLEDGE IS POWER Get in touch today for a copy of our 2018-19 Queenstown Market Report

SHOWROOM 20 Shotover Street, Queenstown

HEAD OFFICE Top Floor, 10 Athol Street, Queenstown

OPENING HOURS Monday – Friday: 9am – 5pm Saturday: 10am – 5pm Sunday: Agent on call

OPENING HOURS Monday – Friday: 9am – 5pm

Otago Realty (NZ) Ltd, Licensed agent REAA 2008

Arthur's Point 154 Lot 8  
Arthur's Point 154 Lot 8