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20 LIMERICK LANE, QUEENSTOWN HILL OFFERS OVER $2,500,000 + GST (IF ANY) E queenstown@colliers.com W colliers.co.nz/216482 T 03 441 0790

Otago Realty (NZ) Ltd, Licensed agent REAA 2008


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UNDERSTATED CLASS The incredible lake and mountain views from this beautiful home are hard to beat. Overlooking Queenstown Bay, this high specification property draws on the iconic alpine environment to create an interior of understated class. The three spacious bedrooms are all orientated to showcase the breathtaking vistas; wake up to wonder every morning. Terraced outdoor areas include a large deck to the fore with a recessed spa pool, and a patio to the side which has the added bonus of an outdoor fireplace. There are so many options to gather family and friends to enjoy the home, and a clever louvered roof means the space can be used whatever the weather. The well-established gardens are easy-care, giving you more time to enjoy the mountain lifestyle. Enjoy as a permanent residence or as a lock-up-and-leave holiday home. With consent in place for 180 days of Visitor Accommodation, there’s potential to generate solid income from your Queenstown Hill asset. This grand home is something special, with a prime position in a genuine dresscircle location. • • • •

Grand 231sqm three bedroom, 2.5 bathroom home Incredible lake and mountain views Plentiful outdoor areas with fire and spa pool 180 days visitor accommodation consent

Tandem Garage

3 Bedroom

2.5 Bathroom

1 Living Area

2 Off-Street Park

231m2 Floor Area

461m2 Land Area


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boundary indicative only


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EXECUTIVE SUMMARY ADDRESS

20 Limerick Lane, Queenstown Hill, Queenstown

RATES

QLDC: $4,309.72 per annum ORC: $355.94 per annum

CV

$2,080,000

FLOOR AREA

231m² more or less

LAND AREA

461m² more or less

EXTERIOR

Plaster, Concrete tilt slab

FLOOR COVERINGS

Carpet, Tiling, Wood floor

WINDOWS

Aluminium joinery, Double glazing

HOT WATER

Gas

HEATING

Gas fire, 2x heat pump, Underfloor heating

GENERAL FEATURES

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

ASPECT

South

OUTDOOR FEATURES

Garden, Decking, BBQ area, Pergola, Spa, Landscaped, Courtyard, Trees, Lawn

LAUNDRY

Separate

VIEWS

Town, Lake, Mountains

PARKING

Tandem garage, 2x Off-street parks

RENTAL APPRAISAL

Long term: $1,000 - $1,150 per week Short term: average $750 per night


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


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INDICATIVE FLOOR PLAN

source: QLDC edocs


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INDICATIVE FLOOR PLAN

source: QLDC edocs


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Date:

27th November 2019

For:

To Whom It May Concern

Property:

20 Limerick Lane, 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

Rental returns

✓ ✓ ✓ ✓

Three bedroom, two bathroom Queenstown Hill home Convenient position for access to town on foot or car Stunning lake and mountain views Expansive outdoor entertaining area

We believe that a weekly rental of the current condition of the property is estimated to be between $1,000 and $1,150 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 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

826026 Identifier Land Registration District Otago 21 March 2019 Date Issued Prior References 133503

878237

Fee Simple Estate 461 square metres more or less Area Legal Description Lot 1 Deposited Plan 521773 Registered Owners Pen Trustee Limited Fee Simple - 1/10 share Estate 1712 square metres more or less Area Legal Description Lot 500 Deposited Plan 26038 Registered Owners Pen Trustee Limited Interests Appurtenant hereto are rights of way and rights to convey water specified in Easement Certificate 567837 14.12.1981 at 11:20 am The easements specified in Easement Certificate 567837 are subject to Section 351E (1) (a) Municipal Corporations Act 1954 The right of way created by Easement Certificate 567837 is subject to the Council's conditions of consent endorsed on DP 17795 Land Covenant in Transfer 931415.11 - 13.6.1997 at 9.04 am Fencing Covenant in Transfer 950947.1 - 13.7.1998 at 9.01 am (affects Lot 500 DP 26038) Subject to Section 6(2) of the Fencing Act 1978 (affects Lot 500 DP 26038) Subject to Section 241(2) Resource Management Act 1991 (affects DP 521773) Subject to a right to drain stormwater water over part Lot 1 DP 521773 marked C, D, E, F and G on DP 521773, and to drain sewage over part Lot 1 DP 521773 marked B, C, D and E on DP 521773 created by Easement Instrument 11363283.7 - 21.3.2019 at 3:58 pm Appurtenant to Lot 1 DP 521773 is a right to convey water, electricity and telecommunicastions created by Easement Instrument 11363283.7 - 21.3.2019 at 3:58 pm The easements created by Easement Instrument 11363283.7 are subject to Section 243 (a) Resource Management Act 1991 Subject to a right (in gross) to convey electricity over Lot 1 DP 521773 in favour of Aurora Energy Limited created by Easement Instrument 11363283.8 - 21.3.2019 at 3:58 pm Subject to a right to convey gas over part Lot 1 DP 521773 marked B, C and I on DP 521773 created by Easement Instrument 11363283.9 - 21.3.2019 at 3:58 pm

Transaction Id Client Reference

58948076 csvendsen001

Search Copy Dated 12/11/19 4:28 pm, Page 1 of 1 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

MARIA WYNDHAM 021 997 522 maria.wyndham@colliers.com

SOPHIE JAMES 027 463 5361 sophie.james@colliers.com

NICOLE BELL 021 898 326 nicole.bell@colliers.com

EMMA LUPS 027 428 5100 emma.lups@colliers.com

ROWAN MCDONALD 021 222 6314 rowan.mcdonald@colliers.com

JANNETTE HIGHSTED 021 608 613 jannette.highsted@colliers.com

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

JESSE JOHNSTON 027 733 7755 jesse.johnston@colliers.com

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

KATH CRUICKSHANK 027 436 8531 kath.cruickshank@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

20 Limerick Lane ebook  

20 Limerick Lane ebook