1318 Gibbston Highway

Acreage on The Arrow

Vast landholdings of this size are rarely available this close to Queenstown. Coupled with the newly established residence, this sun-drenched sanctuary offers a lifestyle of unparalleled peace and serenity. Established trees provide protection and privacy, whilst six fully fenced paddocks provide ideal space for hobbies - whether it be horses, alpacas, cropping or stock the list is as big as your imagination. Create a comfortable country retreat and realise your vision for future generations to enjoy.

Riverside location, in the limited Arrow Junction area, close to the Crown Range and a mere eight minutes’ drive from historic Arrowtown. Within proximity to renowned wineries, walks and dining options - this homestead is in prime location.

The modern home was built with convenience and functionality in mind, with high vaulted ceilings to create a feeling of airiness. Floor to ceiling windows throughout the whole home allow natural light to stream in and beautifully frame the alpine rural landscape.

Two generous living spaces and a large louvred outdoor area harmoniously form indoor-outdoor flow. With a carefully considered floor plan, the four bedrooms and designer kitchen with a large scullery provide the ultimate family haven, ideal for year-round comfort. The oversized double garage with ample storage and large outbuildings offer plenty of space for all your Queenstown toys and equipment.

Schedule a viewing today and discover the endless possibilities awaiting you at this Remarkable property. Boundary lines are indicative only.

• 11.1895 ha landholding in six usable paddocks

• Four bedroom two and a half bathroom dwelling

• Currently generating good income returns

• Rare opportunity for a rural lifestyle this close to an international resort

• Multiple heating and cooling options

• Panoramic alpine views

Executive Summary

Address 1318 Gibbston Highway, Arrow Junction, Queenstown

Rates QLDC: $3,427 per annum | ORC: $1,064.47 per annum

CV $3,450,000

Floor Area

264m² more or less

Land Area 11.1895ha more or less

Built 2021

Roof Iron

Exterior Cedar, iron, corten steel

Floor Coverings

Windows

Hardwood, tiling, carpet

Aluminium joinery, double glazing

Water Water tank - two schemes - Royal Burn and Swift Burn

Hot Water Electric

Heating

Insulation

General Features

Underfloor air to water, ducted heating/cooling in bedrooms, woodburner and electric towel rails

Ceiling, underfloor, walls

Open living area, indoor/outdoor living, sheltered, sunny, spacious, quiet, private

Aspect North, South, East, West

Outdoor Features

Deck/patio, spa, louvres, outdoor fire, landscaped, fruit trees, lawn, three bay shed, chicken coup

Laundry Separate

Views Mountain, rural, private

Parking

Rental Appraisal

Double garage + substantial outbuilding, plenty of off-street parking, boat park

Between $1,800 and $2,000 per week

Other Information

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

• Record of Title

• Rental Appraisal

• LIM Report

• Plans

Fred Bramwell Sales Consultant 021 435 694

James O’Hagan Sales Consultant 021 909 323

Jesse Johnston Sales Consultant 027 733 7755

Candice Buchanan Sales Consultant 027 630 1283

Stephen Hebbend Sales Consultant 021 453 881

Hugh Clark Sales Consultant 027 223 2997

Nicole Bell Sales Consultant 021 898 326

Doug Reid Sales Consultant 027 4313 278

Quill Sales Consultant 021 416 785

Emma Lups Sales Consultant 027 428 5100

Vera Stewart Sales Consultant 021 0596 266

Mei Chen Sales Consultant 022 075 9847

Heap Sales Consultant 021 500 815

Maria Wyndham Sales Consultant 021 997 522

Zach Hylton Sales Consultant 027 369 6805

Poppy Jefferies Sales Consultant 022 0439 935

Richie

Brendan

Date: 15th March 2024

For: To whom it may concern

Property: 1318 Gibbston Highway, 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 Property understand the market 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

In-depth tenant selection to protect your investment

Full and detailed financial reporting

Monthly payment schedule

Regular rental reviews and careful arrears control

Skilled maintenance contractors on hand 24/7

Regular scheduled inspections with photographic reporting

Use of market-leading property management systems and technology

On-call property managers

Pro-active communication

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, two-bathroom stunning home

✓ Outdoor living areas

✓ Double garage

✓ Stunning mountain views

We believe that a weekly rental of the current condition of the property is estimated to be between $1,800 and $2,000 per week

This appraisal is based on the current market conditions, comparable Pure Property rental properties and advertised properties, for example on Trademe.co.nz.

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

Pure Property will require a meeting with the new owner/s to discuss rental potential, and set-up under our management

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,

Mark Blake

Business

manager

P 03 409 0480 M 027 269 2561

E mark@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 903477

Land Registration District Otago

Date Issued 19 September 2019

Prior References 384510

Estate Fee Simple

Area 11.1895 hectares more or less

Legal Description Lot 2 Deposited Plan 347767

Registered Owners

Vera Elizabeth Stewart, Troy Morrison Stewart and Mitchell Mackersy Trustees (2019) Limited

Interests

The easements created by Transfer 757800.3 are subject to Section 309 (1) (a) Local Government Act 1974

Appurtenant hereto is a right to convey water created by Transfer 757800.3 - 3.7.1990 at 9:30 am

Subject to a right to convey water over part marked t-ag,ag-q,aa-ab,ab-ac,ac-ad,ae-af,af-ab on DP 347767 specified in Easement Certificate 765247.5 - 11.10.1990 at 10:57 am

Appurtenant hereto is a right of way specified in Easement Certificate 765247.5 - 11.10.1990 at 10:57 am

The easements specified in Easement Certificate 765247.5 are subject to Section 309 (1) (a) Local Government Act 1974

Subject to a right to convey water over part marked ae-af,af-ab,ab-ac,ac-ad,t-ag,ag-q,f-n,i-f DP 347767 specified in Easement Certificate 765248.3 - 11.10.1990 at 10:58 am

The easements specified in Easement Certificate 765248.3 are subject to Section 309 (1) (a) Local Government Act 1974

Subject to a right to convey water over part marked t-ag,ag-q,f-n,i-f,a-b,b-c DP 347767 specified in Easement Certificate 825047.4 - 4.3.1993 at 9:37 am

The easements specified in Easement Certificate 825047.4 are subject to Section 243 (a) Resource Management Act 1991

Subject to a right to convey water over part marked k-m,f-n,i-f,h-e,e-p,ae-af,af-ac,ac-ag,ag-ah on DP 347767, a right to take & convey water over part marked C on DP 347767 and right to convey telecommunications over part marked d-b,b-e,e-f,f-g on DP 347767 specified in Easement Certificate 952402.6 - 6.8.1998 at 2:34 pm

The easements (except rights to convey water marked f-n,i-f,h-e,e-p,ae-af,af-ac,ac-ag,ag-ah )specified in Easement Certificate 952402.6 are subject to Section 243 (a) Resource Management Act 1991

Appurtenant to part formerly Lot 1 DP 26773 herein is a right to take & convey water, right to convey telecommunications and rights to convey water specified in Easement Certificate 952402.6 - 6.8.1998 at 2:34 pm

5002654.1 Gazette Notice declaring adjoining road (S.H.No 6) to be limited access road - 26.5.2000 at 2:26 pm

5027694.1 Notice pursuant to Section 91 Transit New Zealand Act 1989 - 6.3.2001 at 12:13 pm

Subject to a right to convey water over part marked A and B on DP 347767 created by Easement Instrument 6462491.517.6.2005 at 9:00 am

The easements created by Easement Instrument 6462491.5 are subject to Section 243 (a) Resource Management Act 1991

Transaction

Client Reference acuebillas001

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.

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.