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1136 GLENORCHY-QUEENSTOWN ROAD, BOB’S COVE $1,749,000 E queenstown@colliers.com W colliers.co.nz/215720 T 03 441 0790

Otago Realty (NZ) Ltd, Licensed agent REAA 2008


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STYLISH SERENITY Escape to a place of peace, beauty, tranquillity and grandeur, all less than 15 minutes’ drive to the very centre of Queenstown. This enchanting lifestyle enclave is in an increasingly popular position, famed for its birdsong, native bush and lakeside lifestyle. A magnificent residence, the home blends every modern convenience with a comfortable, appealing ambience. Add in the separate, self-contained unit and you have a remarkable investment too. Rustic alpine stylings with Central Otago flair have created a unique spot to let out long term or via Airbnb, or alternatively the perfect family or teenage retreat. The interior of the main home is truly expansive, with large windows to bring in the glorious surrounds. A huge kitchen creates a heart to the home, with views out towards the lake from the benchtop and top-of-the-range Falcon oven. Outdoor areas to both north and south invite residents to enjoy the peaceful environment, framed by mature gardens. Covering 4,222sqm, there’s no shortage of space for your own touches like veggie beds, a spa or greenhouse. A very special place to call home in a location that soothes the soul. Escape to Bob’s Cove. Boundary indicative only. • • • • •

Four bedroom, three bathroom home plus separate self-contained unit Glorious outdoor areas alive with mature native plantings Six heat pumps plus wood burner with wetback Solar panels for eco-friendly energy Stroll to the lake’s edge, walking tracks and adventure playground

4+1 Bedroom

3.5+1 Bathroom

2+1 Living Area

1 Study

Double Garage

4+ Off-Street Park

319m2 Floor Area

4,222m2 Land Area


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boundary indicative only


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EXECUTIVE SUMMARY ADDRESS RATES

1136 Glenorchy-Queenstown, Bob’s Cove, Queenstown QLDC: $3,476.97 per annum ORC: $239.57 per annum

CV

$1,875,000

FLOOR AREA

319m² more or less

LAND AREA

4,222m² more or less

BUILT

2010

EXTERIOR

Plaster, Cedar, Schist

FLOOR COVERINGS

Carpet, Tiling, Imitation timber

WINDOWS

Aluminium joinery, Double glazing

HOT WATER

Electric, Wetback

HEATING

Heatpumps, Open fire, 2x Logburners

INSULATION

Ceiling, Walls, Underfloor

GENERAL FEATURES

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

ASPECT

South

OUTDOOR FEATURES

Garden, BBQ area, Landscaped, Courtyard, Trees, Lawn

LAUNDRY

Separate

VIEWS

Lake, Rural, Mountain

PARKING

Double garage, 4+ Off-street parks

RENTAL APPRAISAL

$500 - $1400 p/w


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

LIM report Building Inspection Full house and unit plans Short term rental appraisal


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Boundary indicative only


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INDICATIVE FLOOR PLAN

source: QLDC edocs


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INDICATIVE FLOOR PLAN

source: QLDC edocs


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Self contained unit


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Self contained unit


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Self contained unit


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Self contained unit


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Date:

8th October 2019

For:

To Whom It May Concern

Property:

1136 Glenorchy Road, 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

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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

✓ ✓ ✓ ✓

Four bedroom, three bathroom home Executive living with a lakeside lifestyle Stunning outdoor entertaining areas Beautiful self-contained unit

We believe that a weekly rental of the current condition of the main house is estimated to be between $1200 and $1400 per week & $400 and $500 for the self-contained unit. Rental returns

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 development/Property manager P 03 409 0480 M 027 269 2561 E mark@purepropertyrentals.co.nz


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RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD Search Copy

360335 Identifier Land Registration District Otago 27 September 2007 Date Issued Prior References 54663 Fee Simple Estate 4222 square metres more or less Area Legal Description Lot 2 Deposited Plan 389777 Registered Owners Stewart Mitchell and Melissa Emma Mitchell Interests Subject to Section 8 Mining Act 1971 Subject to Section 5 Coal Mines Act 1979 5613463.4 Consent Notice pursuant to Section 221 Resource Management Act 1991 - 9.6.2003 at 9:00 am Appurtenant hereto is a right of way,a right to draw & convey water,a right to store & convey water and rights to convey water created by Easement Instrument 5613463.5 - 9.6.2003 at 9:00 am The easements created by Easement Instrument 5613463.5 are subject to Section 243 (a) Resource Management Act 1991 Subject to a right to convey water over parts marked F, J, N and O on DP 389777 created by Easement Instrument 5613463.5 - 9.6.2003 at 9:00 am Land Covenant in Deed 5654921.4 - 14.7.2003 at 9:00 am Fencing Covenant in Deed 5654921.4 - 14.7.2003 at 9:00 am 7553383.3 Variation of Land Covenant 5654921.4 - 25.9.2007 at 9:00 am 7556353.3 Consent Notice pursuant to Section 221 Resource Management Act 1991 - 27.9.2007 at 9:00 am 7556353.5 Resolution pursuant to Section 348 Local Government Act 1974 in respect of right of way easements E, F & G on DP 389777 as they affect Lot 3 DP 389777 and Lot 2 DP 3138333 - 27.9.2007 at 9:00 am Subject to a right of way over parts marked E, F and G and a right to convey electricity and telecommunications and a right to convey water over part marked I and a right to convey electricity and telecommunications and a right to convey water over part marked O on DP 389777 created by Easement Instrument 7556353.6 - 27.9.2007 at 9:00 am Appurtenant hereto is a right to convey electricity and telecommunications and a right of way and a right to convey water created by Easement Instrument 7556353.6 - 27.9.2007 at 9:00 am The easements created by Easement Instrument 7556353.6 are subject to Section 243 (a) Resource Management Act 1991 Subject to a right (in gross) to convey electricity over parts marked I and O on DP 389777 in favour of Aurora Energy Limited created by Easement Instrument 7556353.7 - 27.9.2007 at 9:00 am The easements created by Easement Instrument 7556353.7 are subject to Section 243 (a) Resource Management Act 1991 Appurtenant hereto is a right to convey telecommunications created by Easement Instrument 7602014.1 Transaction Id Client Reference

58459096 csvendsen001

Search Copy Dated 23/09/19 11:03 am, Page 1 of 2 Register Only


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QUEENSTOWN RESIDENTIAL SALES TEAM 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

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

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

RAYLENE MCQUEEN 021 045 0813 raylene.mcqueen@colliers.com

DAMIEN YORG 021 040 5890 damien.yorg@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 ! 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


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KNOWLEDGE IS POWER Get in touch today for a copy of our annual Queenstown Market Report

ADDRESS Top Floor, 10 Athol Street, Queenstown OPENING HOURS Monday – Friday: 9am – 5pm

Otago Realty (NZ) Ltd, Licensed agent REAA 2008

Profile for Colliers Otago

1136 Glenorchy-Queenstown Road  

1136 Glenorchy-Queenstown Road