Unit 412 Garden Court

Page 1


Favourite with holiday-makers

Located on the main route into Queenstown, this charming apartment gets great exposure to visitors, as well as being only a few minutes walk to the CBD. Plan your next holiday and enjoy the convenience of the excellent management system in place to take care of your investment. A recently renovated full kitchen, fully tiled bathroom and laundry facilities ensure that holidaying is a breeze, whilst sliding doors open the living space out to a generous balcony to enjoy the enticing alpine outlooks.

Price is plus GST (if any).

• One bedroom apartment in high-exposure Garden Court

• Dedicated under-cover parking space

• Total apartment area of 74m², comprising of approx. 51m² internal floor area, 8m² balcony and 15m² car park

• 28 days owner usage per year

• Recently renovated kitchen and bathroom

• Positioned for perfect holiday convenience, close to town

• Overseas buyers may be eligible to purchase this property. Please contact us for further information

Executive Summary

Address Unit 412 Garden Court, 7 Adelaide Street, Queenstown

Rates

CV

Body Corporate

QLDC: $3,336.02 per annum | ORC: $244.09 per annum

$435,000

$6,126.10 including GST

Management summary In hotel management

Floor Area

Total apartment area of 74m², comprising of approx. 51m² internal floor area, 8m² balcony and 15m² car park

Built 2003

Exterior

Floor Coverings

Windows

Heating

General Features

Precast concrete panels

Vinyl, carpet, tiles

Aluminium joinery, double glazing

Wall panel heaters in bedroom and living area, fan heater and heated towel rail in bathroom

Open living area, balcony

Furniture Fully furnished

Aspect South

Laundry Cupboard

Views Mountain

Parking One undercover carpark

Other Information

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

• Record of Title

• Returns information

• Pre Contract Disclosure Statement

• Body Corporate information

Queenstown

The town centre has extremely sought-after housing. There’s ample property within walking distance of town, with residences ranging from luxury apartments to family homes on high-value land and rental properties occupied by multiple tenants.

Prices in the town centre prove consistently strong, particularly properties with sought-after zoning and the ability to build more than one unit onsite. House prices remain largely immune to the area’s seasonal trends, with high tenancy demand and consistent returns.

RECORD OF TITLE UNDER

LAND TRANSFER ACT 2017

UNIT TITLE

Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017

Identifier 153098

Land Registration District Otago

Date Issued 23 September 2004

Prior References 128827

Estate Stratum in Freehold

Legal Description Unit 412 Deposited Plan 337308 and Accessory Unit 412 Deposited Plan 337308

Registered Owners

Michael Neville Harvey as to a 1/2 share

Lynette Ann Harvey as to a 1/2 share

Estate Stratum in Freehold - 1/2 share

Legal Description Accessory Unit 1213 Deposited Plan 337308

Registered Owners

Michael Neville Harvey as to a 1/2 share

Lynette Ann Harvey as to a 1/2 share

Supplementary Record Sheet 176326

The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet

11162763.3 Mortgage to Westpac New Zealand Limited - 6.7.2018 at 2:43 pm

(d) The notices and minutes of general meetings of the body corporate for the previous 2 years:

(i) including all supporting documentation; but

(ii) excluding any information that may be redacted for the reasons specified in regulation 27A(2); are a attached.

(e) The name and contact details of the body corporate manager is as follows:

(f) The 12 – month period comprising the financial year for the purposes of the financial statements of the body corporate is 1 1st April 2022 – 31st March 2023

(g) The body corporate levies payable for the unit for the financial year: $ $5,808 59

(h) The budget for the ensuing year has not been finalised. The budget will be presented and seeking approval at the 2023 AGM, scheduled for Friday, 27th October 2023.

(i) (i) The details of maintenance that the body corporate proposes to carry out in the unit title development in the year following the date of this disclosure statement are a attached in the long-term maintenance plan

(ii) The body corporate proposes to meet the cost of that maintenance within the next 10 years.

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 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.

ANTI-MONEY LAUNDERING

Proving your identity when buying or selling a house

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.

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