5 Shaw Street

5 Shaw Street, Arrowtown Price by Negotiation colliersotago.co.nz/67026931

Location, location, location Enjoying an elevated position in a highly sought after area of Arrowtown, 5 Shaw Street offers exceptional views that will simply win you over.

From the Remarkables to Coronet Peak, Millbrook and beyond, you will never tire of the rural aspect whilst simultaneously enjoying all the practicalities of village life. Arrowtown offers an established and lively community and this property is within walking distance to the local supermarket as well as an easy stroll to the main street.

Situated on a well established 683m² section, the home features three bedrooms including a master with ensuite and a family bathroom. The open plan living area boasts a beautifully renovated kitchen and cosy wood burner and leads to a light and bright second living room, making it functional for family living. A double garage, double carport and off-street parking complete the package.

Enjoy sitting in the sheltered patio area or soak in the views that will never be built out.

If you have been dreaming of the Arrowtown lifestyle, don’t miss this outstanding opportunity. Call or email us today for a full information pack or to arrange a private viewing.

3 Bedroom

Double Garage

2

2 Car Carport

2 Bathroom

2 Living Area

210m² Floor Area

683m² Land Area

Executive Summary Address

5 Shaw Street, Arrowtown, Queenstown

Rates

QLDC: $5,006.25 per annum

CV

$2,250,000

Floor Area

210m² more or less

Land Area

683m² more or less

Built

1993

Roof

Iron, colorsteel

Exterior

Brick

Floor Coverings

Carpet, tiles

Windows

Aluminium joinery, double glazing, single glazed

Hot Water

Electric

Heating

Electric underfloor throughout, woodburner

Insulation

Ceiling, walls

General Features

Open living area

Aspect

North, west

Outdoor Features

Low maintenance, deck/patio, raised vege beds, native garden, landscaped, courtyard

Laundry

Separate

Views

Rural, mountain, park/reserve, river

Parking

Double garage, two car carport

Rental Appraisal

Between $950 and $1,000 per week

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ORC: $708.83 per annum

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boundary indicative only

Restricted building zone - boundary indicative only

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

• Record of Title • Plans • Carport Plans • Building Report • Rental Appraisal • LIM Report

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Arrowtown Arrowtown is a charming historic gold mining town surrounded by beautiful walking and biking trails, making this quaint village a great place to live and invest, and it remains extremely popular with holidaymakers.

Housing ranges from larger modern homes to historic cottages, with a few new settlements on the fringes of the village. There’s an excellent primary school and some of the top golf courses in the country, making this idyllic town highly sought-after. In an area rich in history and a firm favourite with visitors and locals alike, Arrowtown is just a twenty minute drive to Queenstown and even less to the International Airport and Frankton’s retail hub. Skifields, wineries, restaurants and golf courses are practically on your doorstep.

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11

Date:

16th January 2024

For:

To Whom It May Concern

Property:

5 Shaw Street, Arrowtown

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.

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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

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, 2.5 bathroom home Spectacular views of surrounding mountains Close to Kawarau Park and Frankton amenities as well as an array of walking and cycling trails Tandem garage

We believe that a weekly rental of the current condition of the property is between $950 and $1,000.

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 our office.

Kind regards,

Rohan Bhatnagar Property Manager P 03 409 0480 M 021 970 088 E rohan@purepropertyrentals.co.nz

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RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017

OT13A/198 Land Registration District Otago Identifier

Date Issued

08 November 1989

Prior References OT12C/13 Estate Area Legal Description

Fee Simple 683 square metres more or less Lot 2 Deposited Plan 21226

Registered Owners Runa Anne Lees Mackersy Interests 718741.3 Easement Certificate creating the following easements affecting lots on DP Type Right of way Right of way Convey water, electricity and telephone communications Right of way Right of way

Servient Tenement Lot 1 DP 21218 CT OT13A/128 Lot 2 DP 21218 CT OT13A/129 Lot 1 DP 21218 CT OT13A/128

Easement Area H, A, G DP 21226

Dominant Tenement Lot 2 DP 21226 - herein

H, A, G DP 21226

Lot 2 DP 21226 - herein

H, A, G DP 21226

Lot 2 DP 21226 - herein

Lot 2 DP 21226 - herein B DP 21226 Lot 2 DP 21226 - herein B DP 21226

Lot 1 DP 21218 CT OT13A/128 Lot 2 DP 21218 CT OT13A/129 Lot 1 DP 21218 CT OT13A/128

Lot 2 DP 21226 - herein B DP 21226 Convey water, electricity and telephone communications Lot 2 DP 21226 - herein B DP 21226 Lot 2 DP 21218 CT Convey water, OT13A/129 electricity and telephone communications Lot 2 DP 21218 CT H, A, G DP 21226 Lot 2 DP 21226 - herein Convey water, OT13A/129 electricity and telephone communications The easements specified in Easement Certificate 718741.3 are subject to Section 309(1)(a) Local Government Act 1974 741829.3 Easement Certificate specifying the following easements - 8.11.1989 at 9.39 am Transaction ID 1844952 Client Reference acuebillas001

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Guaranteed Search Copy Dated 13/10/23 2:25 pm, Page 1 of 3 Register Only

Identifier

Transaction ID 1844952 Client Reference acuebillas001

OT13A/198

Guaranteed Search Copy Dated 13/10/23 2:25 pm, Page 3 of 3 Register Only

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colliersotago.co.nz

| 03 441 0790

Otago Realty (NZ) Ltd, Licensed Agent REA Act

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Accelerating success.

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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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