Page 1

SPINNAKER BAY UNIT 4, 151 FRANKTON ROAD $899,000 + GST (IF ANY) E queenstown@colliers.com W colliers.co.nz/212995 T 03 441 0790

Otago Realty (NZ) Ltd, Licensed agent REAA 2008


2

WATCH THE BOATS GO BY Few apartments can offer the close-up lake views on offer here. In the seldom-available Spinnaker Bay complex, this absolute waterfront home fits the bill as a managed investment or easy-care residence. Split across two levels, it’s generously-proportioned throughout. Filled within truly inspiring outlooks of lake and mountains, the large living area and modern kitchen invite residents to relax a while. Light and airy, the interior is heated by wood burner upstairs and underfloor downstairs. Just a 20 minute walk to the centre of Queenstown, the scenic Frankton walkway runs immediately in front of the apartment. As part of one of Queenstown’s most established complexes, the sought-after location gives easy access to lake sports, cycling and more. Dine alfresco in the sheltered courtyard or on one of the lakeview balconies and appreciate every reason why visiting Queenstown is at the top of holidaymakers’ lists. Total unit title area of approx. 331sqm comprises approx. 139sqm internal floor area including balconies, 16sqm courtyard, 20sqm garage and 156sqm yard area. • Two bedroom, two bathroom unit in close-to-town complex • Convenient lock-up garage • Currently in management with unlimited owner usage days • Residential options available

2 Bedroom

2 Bathroom

1 Living Area

Single Garage

139m2 Floor Area


3


4

boundary indicative only


5

EXECUTIVE SUMMARY ADDRESS RATES CV

Spinnaker Bay Unit 4, 151 Frankton Road, Queenstown QLDC: $3,766.00 ORC: $130.42 $630,000

BODY CORPORATE $9600 per annum MANAGEMENT SUMMARY FLOOR AREA

In management – flexible owner usage days. Can be removed from management for residential and long term use only Total 331m² more or less, comprised of: 139m² floor including balconies, 16m² courtyard, 20m² garage and 156m² yard area.

BUILT

1987/1988

EXTERIOR

Block

FLOOR COVERINGS

Carpet, Tiling

WINDOWS

Aluminium joinery

HEATING

Underfloor in bedrooms and bathrooms, electric

GENERAL FEATURES

Indoor/outdoor living, Spacious, Quiet, Lakefront, Private

FURNITURE

Fully furnished

ASPECT

South

LAUNDRY

Cupboard

VIEWS

Lake, Mountain

PARKING

Single Garage


6

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

Full Pre Contract Disclosure Statement Full title Body Corporate rules AGM minutes


7


8


9


10

INDICATIVE FLOOR PLAN

source: QLDC edocs


11

Prepared April 2019

For detailed information on any of the above matters relating to your specific circumstances, the Department of Building and Housing recommends you obtain independent legal advice from your lawyer. Information about the unit 4 The amount of the contribution levied by the body corporate under section 121 of the Unit Titles Act 2010 in respect of the unit is $800 per month inclusive of Goods and Services Tax (GST). 5

The period covered by the contribution in paragraph 4 is monthly paid in advance.

6

The body corporate proposes to levy $800 per month under section 121 of the Act for the next 12 months.

7

The body corporate proposes to carry out the following maintenance on the unit title development in the next 12 months: General Items $13,516 Garden Maintenance $4,121

8

The body corporate has the following accounts: Westpac Bank Cheque Account. The balance at 30 September 2018 was $331 in funds The subsidiary company Bicester Holdings Limited has the following accounts Westpac Bank Cheque Account The balance at 30 September 2018 was $18,157 in funds Westpac Bank Call Account. The balance at 30 September 2018 was $235,635 in funds Westpac Choices Home Loan. The balance at 30 September 2018 was nil

9

Under section 148 of the Unit Titles Act 2010, a buyer may request an additional disclosure statement before the settlement of an agreement for sale and purchase of a unit. The buyer must pay to the seller all reasonable costs incurred by the seller in providing the additional disclosure statement. The estimated cost of providing an additional disclosure statement is $100 plus GST.

10

The unit or the common property is not currently, and has never been, the subject of a claim under the Weathertight Homes Resolution Services Act 2006 or any other civil proceedings relating to water penetration of the buildings in the unit title development.

Date: 8 April 2019 Signed:

5


12

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Search Copy

Identifier OT12C/997 Land Registration District Otago 12 May 1989 Date Issued Prior References OT12C/498

Supplementary Record Sheet OT12C/1013

Stratum in Freehold Estate Legal Description Unit D and Accessory Unit D1, D2 and D3 Deposited Plan 20829 Registered Owners Holly Emma McKenzie and Phillip Mathew Ballantyne The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet

Transaction Id Client Reference

56845709 csvendsen001

Search Copy Dated 3/04/19 1:54 pm, Page 1 of 2 Register Only


13


14


15


16

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

SCOTT COLLINS 027 478 4661 scott.collins@colliers.com

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

FRASER LUSCOMBE 0274 247 859 fraser.luscombe@colliers.com

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

GLEN ROLLE 027 534 7382 glen.rolle@colliers.com


17

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.


18

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


19

NOTES ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................ ............................................................................................................................................................................


KNOWLEDGE IS POWER Get in touch today for a copy of our 2018-19 Queenstown Market Report

SHOWROOM 20 Shotover Street, Queenstown

HEAD OFFICE Top Floor, 10 Athol Street, Queenstown

OPENING HOURS Monday – Friday: 9am – 5pm Saturday: 10am – 5pm Sunday: Agent on call

OPENING HOURS Monday – Friday: 9am – 5pm

Otago Realty (NZ) Ltd, Licensed agent REAA 2008

Profile for Colliers Otago

Unit 4 Spinnaker Bay ebook  

Unit 4 Spinnaker Bay ebook