5 Lancewood Lane ebook

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Luxurious Lock and Leave Retreat

Perched majestically atop Queenstown Hill, this exceptional modern residence offers a lifestyle of unparalleled luxury and convenience, boasting magnificent panoramic views of Lake Whakatipu, the Remarkables, and the southern corridor. The privacy of thisLancewood Lane home offers a quiet retreat among similar luxury homes this area is well known for.

Elegantly designed, the main living and kitchen areas are situated upstairs, along with the generously sized master bedroom and ensuite, providing a sophisticated retreat with breathtaking vistas. The expansive sunny deck, accessed from the main living area, offers a refined space for entertaining or simply unwinding against a backdrop of natural splendor. High ceilings and picture frame windows give the home a fantastic sense of space whilst allowing plenty of natural light and postcard views.

Downstairs, the theme of high ceilings continues through the three additional bedrooms, a spacious guest bathroom, and a separate laundry offer ample accommodation for family and guests. Offering plenty of storage thanks to a double garage, and a separate generously sized lockable storage area provides practicality and convenience.

Situated only a short drive from both Frankton and Queenstown, this home offers a convenient location, low maintenance living and a taste of luxury. Here is a chance make this the ideal lock and leave option for your Queenstown retreat. This home must be appreciated in person to properly embrace what is on offer here, so be sure to book your inspection today.

Executive Summary

Address

Rates

CV

Floor Area

Land Area

5 Lancewood Lane, Queenstown Hill, Queenstown

QLDC: $6,044.62 per annum | ORC: $660.13 per annum

$2,240,000

261m² more or less

408m² more or less

Built 2021

Roof Colorsteel

Exterior Weatherboard

Floor Coverings

Windows

Carpet, tiles, imitation timber

Aluminium joinery, double glazing

Hot Water Electric

Heating

Insulation

General Features

Gas fire, heat pump, electric underfloor in bathrooms

Ceiling, Walls

Open living area, storage room, architect designed

Aspect South, east

Outdoor Features

Deck/patio, balcony, landscaped, low maintenance

Laundry Separate

Views Mountain, lake

Parking

Rental Appraisal (long term)

Double garage

Between $1,700 and $1,800 per week

Other Information

The following information is also available for this property

- contact us for your copy.

• Record of Title

• Floor plan

• Issued CCC

• 90-Day Visitor Accommodation Consent

• LIM Report

• Long and Short Term Rental Appraisals

• Sales and Purchase Information

Queenstown Hill

Queenstown Hill offers exceptional views that reach out across Lake Whakatipu, Cecil and Walter Peaks and Ben Lomond. Homes are consistently in demand for both purchase and rent, with tenants ranging from high-end holidaymakers and local professionals to ski-season workers.

The lower levels of Queenstown Hill contain an abundance of housing, turning into pine-covered hillsides as more altitude is gained. A popular local walk is the Queenstown Hill track, leading walkers up to the Basket of Dreams sculpture with its awe-inspiring views.

Rental Appraisal

Date: Thursday 18th April 2024

Property: 5 Lancewood Lane, Queenstown 9300

To whom it may concern

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 provides a personalised service allowing us to tailor management options to suit your needs

Pure Property will take care of every aspect of managing your property. Our services include but are not limited to:

High-exposure marketing to minimise vacant time

In-depth tenant selection to protect your investment

Full and detailed financial reporting

Regular rental reviews and careful arrears control

Skilled maintenance contractors available 24/7

Regular scheduled inspections with photographic reporting

Use of market-leading property management systems and technology

On-call property managers 24/7

Pro-active communication

Property Description

Four-bedroom, three-bathroom home with a double garage and separate storage area

Stunning, elevated views out to Lake Whakatipu

Generous balcony four outdoor living

Sought after location close to both Queenstown central and Frankton hub.

Rental Returns

We believe that a weekly rental of the property is estimated to be $1700 to $1800 per week.

This appraisal is based on the current market conditions, comparable Pure Property rental properties and advertised properties

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.

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,

P 03 409 0480

M 027 371 5666

E Chloe@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 998826

Land Registration District Otago

Date Issued 18 November 2021

Prior References

2705

Estate Fee Simple

Area

408 square metres more or less

Legal Description Lot 2 Deposited Plan 562774

Registered Owners

Interests

Appurtenant to part formerly known as Part Section 53 BLK XX Shotover Sd hereto are rights of way specified in Easement Certificate 844153.19 - 17.12.1993 at 9:13 am

5167204.4 Consent Notice pursuant to Section 221 Resource Management Act 1991 - 6.3.2002 at 9:38 am

Appurtenant hereto is a right of way specified in Easement Certificate 5167204.10 - 6.3.2002 at 9:38 am

The easements specified in Easement Certificate 5167204.10 are subject to Section 243 (a) Resource Management Act 1991

10827637.2 Mortgage to Bank of New Zealand - 18.8.2017 at 1:08 pm

Subject to a right (in gross) to convey electricity over part marked A on DP 562774 in favour of Aurora Energy Limited created by Easement Instrument 12218718.3 - 18.11.2021 at 3:01 pm

The easements created by Easement Instrument 12218718.3 are subject to Section 243 (a) Resource Management Act 1991

Subject to a right (in gross) to convey telecommunications over part marked A on DP 562774 in favour of Chorus New Zealand Limited created by Easement Instrument 12218718.4 - 18.11.2021 at 3:01 pm

The easements created by Easement Instrument 12218718.4 are subject to Section 243 (a) Resource Management Act 1991

Subject to a right to convey electricity and telecommunications over part marked A on DP 562774 created by Easement Instrument 12218718.5 - 18.11.2021 at 3:01 pm

The easements created by Easement Instrument 12218718.5 are subject to Section 243 (a) Resource Management Act 1991

12316317.4 Mortgage to Bank of New Zealand - 11.4.2022 at 9:24 am

Client Reference acuebillas001

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

Eoin Miles Sales Consultant 027 777 2006

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

Damien Henaghan Sales Consultant 021 728 003

Brendan 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

Richie 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

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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