1113 Glenorchy-Queenstown Road ebook

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Punatapu offers a unique rural hideaway in a tranquil alpine setting, just a ten minute drive from the heart of Queenstown. Meaning ‘sacred pool’ in Māori, the land here at Punatapu was developed into a luxury estate which offers an inspiring and restorative retreat-like experience.

Architecturally designed by the late Sir Ian Athfield, the residence itself is comprised of four linked accommodation buildings spread over around 825sqm, including seven bedrooms, six bathrooms, two kitchens and three living spaces. An office with a mezzanine can also be utilised as an eighth bedroom. The comfortable and charming 1980s interior is wellequipped for its current venture as short-term visitor accommodation.

There are extensive entertaining capabilities, including multiple outdoor living spaces plus a heated swimming pool, sauna, and spa.

Soak in the natural beauty of the landscape, with manicured grounds, mountain views and idyllic gardens. Thriving all year round, the stunning gardens are the result of many years of love from the current owners.

Offering both magnificent surroundings and convenience, this easy contoured, sunny and spacious 3.02ha estate presents an ideal opportunity for rural living. The offering includes the Proposed Lot 1 of 3.02ha containing the existing residence buildings.

The adjoining proposed Lot 3 of 1.93ha that features an 800sqm building platform and northerly views over its own stunning pond could also be included with Lot 1 by negotiation.

In a private and secluded position, this property is just a few minutes’ drive to Moke Lake, Wilson Bay and Bob’s Cove and their renowned walking and biking trails, and a short drive to all Queenstown amenities.

With existing infrastructure but also so much room for potential, a unique offering like this is rarely seen in Queenstown.

Executive Summary

Address 1113 Glenorchy-Queenstown Road, Mount Creighton

Rates QLDC: $11,875.73 (2024/2025) | ORC: $2,017.77 (2024/2025)

CV $6,710,000

Floor Area 825sqm more or less

Land Area Proposed Lot 1 of 3.0236ha

Built 1983 & 1987

Exterior Concrete block, timber frame tilt panel, stone/schist, rough cast

Floor Coverings Concrete, wood, tiles - ceramic, slate and tile

Windows Single glazed, double glazed

Hot Water Electric, gas heating - bottled

Heating Gas heating - bottled, open fire, water radiator, electric underfloor (in part of living areas)

Insulation Ceiling, walls

General Features Architect designed, sunny, private

Aspect North

Outdoor Features Pool, spa, deck/patio, verandah, balcony, BBQ area

Laundry Separate

Views Rural, bush, mountain, private

Parking 6 semi enclosed garage spaces

Other Information

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

• Record of title

• LIM Report

• VA Resource Consent

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD

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

Identifier 707951

Land Registration District Otago

Date Issued 20 July 2016

Prior References

232498 737241

Estate Fee Simple

Area 9.5597 hectares more or less

Legal Description Lot 1 Deposited Plan 489550 and Section 1 Survey Office Plan 489551

Registered Owners

Punatapu Holdings Limited

Interests

Subject to section 11 Crown Minerals Act 1991 (affects Section 1 SO 489551)

Subject to Part IVA of the Conservation Act 1987 (affects Section 1 SO 489551)

Subject to Section 5 Coal Mines Act 1979 (affects part Lot 1 DP 489550 formerly part Sections 44 and 49 Block IV Mid Wakatipu Survey District and the part formerly Lot 1 DP 23635)

Subject to Section 8 Mining Act 1971 (affects part Lot 1 DP 489550 formerly part Sections 44 and 49 Block IV Mid Wakatipu Survey District and the part formerly Lot 1 DP 23635)

Subject to Section 59 Land Act 1948 (affect part Lot 1 DP 489550 formerly Section 36 Block IV Mid Wakatipu Survey District)

Appurtenant to the part Lot 1 DP 489550 formerly part Section 49 Block IV Mid Wakatipu Survey District is a right to convey water and electricity created by Transfer 891284.5 - 14.9.1995 at 10:54 am

The easements created by Transfer 891284.5 are subject to Section 243 (a) Resource Management Act 1991 Land Covenant in Deed 891284.6 - 14.9.1995 at 10:54 am (affects Lot 1 DP 489550)

Subject to a right to convey electricity and telephone communications over Lot 1 DP 489550 marked I on DP 489550 created by Transfer 891284.8 - 14.9.1995 at 10:54 am

Appurtenant to Lot 1 DP 489550 formerly Lot 1 DP 23635 is a right to convey telephone communications and electricity created by Transfer 891284.8 - 14.9.1995 at 10:54 am

Subject to a right to convey electricity and telecommunications over Lot 1 DP 489550 marked I on DP 489550 created by Easement Instrument 5415690.4 - 27.11.2002 at 9:00 am

The easements created by Easement Instrument 5415690.4 are subject to Section 243 (a) Resource Management Act 1991

Appurtenant to Lot 1 DP 489550 is a right of way created by Easement Instrument 6742936.7 - 7.2.2006 at 9:00 am

Subject to a right of way over Lot 1 DP 489550 marked V on DP 489550 created by Easement Instrument 6742936.87.2.2006 at 9:00 am

Land Covenant in Easement Instrument 6742936.8 - 7.2.2006 at 9:00 am (affects Lot 1 DP 489550)

8229807.2 Partial surrender of the right of way created by Easement Instrument 6742936.7 - 23.5.2012 at 12:16 pm

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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