Lot 1013 Bullenrise ebook

Asking Price $1,220,000 + GST (if any)

4 Unit capable site in Arthur’s Point, Queenstown

Nestled in the historic and vibrant township of Arthur’s Point, just 10 minutes from central Queenstown and 15 minutes to the Coronet Peak ski field. Bullenrise is adjacent to the popular Bullendale development that is now largely complete, and consented for a similar style of housing.

With a shortage of development land in Queenstown and a consistent track record of increasing land value in Arthur’s Point, this is your opportunity to secure a freehold serviced lot ready for building at affordable prices, with settlement not required until late 2025.

Lot 1013 - Price $1,220,000 (+ GST if any)

Size: 750m2

Consented for 4 units (529m2 total floor area):

2 x Type A = 2 bedroom / 2 bathroom / 1 garage

1 x Type B = 3 bedroom / 2 bathroom / 1 garage

1 x Type C = 3 bedroom / 2 bathroom / 1 garage

Civil construction due to start mid to late 2024, with titles due mid to late 2025.

• Lots approved for multi-unit development

• Lots ranging from 355m2 (2 unit) up to 1,410m2 (12 unit)

• Priced from $600,000 to $3,095,000 (+ GST if any)

For further information visit www.bullenrise.co.nz

Don’t delay - contact us today to secure your slice of alpine paradise.

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

• Lot plan

• Landscape plan

• Road layout

• Subdivision scheme

• Concept plans

Arthur’s Point

Nestled alongside the Shotover River and named after Thomas Arthur who first discovered gold on the banks of the river in 1862, Arthur’s Point is positioned in a beautiful valley only a five minute drive from the busy Queenstown CBD.

Escape the hustle and bustle of downtown and enjoy the quiet suburb while still being close to all manner of local amenities, along with Coronet Peak Ski Field, Nugget Point Spa and a number of local eateries.

Arthur’s Point is a popular location to live and is well positioned within the trails network. Sunshine hours are substantial compared with other suburbs, making property in this area consistently in high demand. Housing stock consists of the older, original Arthur’s Point properties and newer subdivisions with comfortable, contemporary homes on offer.

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.