4 Suburb Street - Property Profile

Page 1


Unmatched location, spectacular views and comfort

Incredible outdoor living is an understatement. This permanent or premium holiday home’s deck is completely set for ultimate entertainment. Make use of the BBQ by hosting an alfresco dinner on the dining table that’s sheltered by retractable louvre roofing.

Don’t just sit inside and look at the views, sink into the spa on the deck and soak up the renowned panoramas as you relax away after a day’s activities in nature’s playground.

The striking interior showcases generous room sizes, top-shelf fixtures and every comfort. Whip up a feast in the open plan kitchen whilst taking in the views, then entertain family and friends in the living space which extends seamlessly from lounge to deck through sliding doors.

Thanks to a ducted heat pump system plus under-tile heating the home stays at a comfortable temperature effortlessly whatever the season.

Four bedrooms cater comfortably to up to nine guests, serviced by three stunning bathrooms. There’s plenty of outdoor space for children to play, and the added bonus of a of a ski storage cupboard with heated boot warmers. Enjoy ample space with a large, fully secure oversized double carport, and additional multipurpose rooms, ideal for housing all your Queenstown adventure gear, creating a rumpus room or setting up an owners lock up space.

Whether it be a home, holiday home or investment opportunity, 365 day visitor consent is in place and ready to go making it attractive to visitors and the ideal Airbnb hotspot.

Seldom do properties of this calibre, location and potential come to the market. Get in touch today for a full information set.

• Four bedroom, three bathroom home in amazing location

• Neighbouring the lake and Queenstown Gardens

• Outdoor heater over dining table and fire place with outdoor seating

• Secure off-street parking makes it easy to leave the car at home

• Seven minute walk along the lakeside to the heart of Queenstown

Queenstown

The town centre has extremely sought-after housing. There’s ample property within walking distance of town, with residences ranging from luxury apartments to family homes on high-value land and rental properties occupied by multiple tenants.

Prices in the town centre prove consistently strong, particularly properties with sought-after zoning and the ability to build more than one unit onsite. House prices remain largely immune to the area’s seasonal trends, with high tenancy demand and consistent returns.

Executive Summary

Address

Rates

CV

Floor Area

Land Area

4 Suburb Street, Queesntown

QLDC: $ 17,233,46 | ORC: $ 1,658.35

$3,770,000

214sqm more or less

733sqm more or less

Exterior Weatherboard

Floor Coverings

Carpet, tiles

Windows Double glazed, aluminium joinery

Hot Water Gas

Heating

Insulation

Ducted heat pump for central heating/cooling, gas fire, underfloor tiles

Ceiling, walls, underfloor

Aspect South, east, west

Outdoor Features

Deck, entertainment area, outdoor bathroom, spa pool

Laundry Cupboard

Views Lake, alpine

Parking Fully secure oversized double carport, 2x off-street car parks

Rental Appraisal

$1400 to $1450 p/w

Other Information

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

• LIM Report

• Building Report

• Title Information

• Plans

• Rental Appraisal

• Video Tour

RECORD OF TITLE

Identifier OT3B/763

Land Registration District Otago

Date Issued 14 May 1968

Prior References

OT360/178

Estate Fee Simple Area 733 square metres more or less

Legal Description Section 15 Block XLI Town of Queenstown

Registered Owners Belleve NZ Limited

Interests

Rental Appraisal

Date: Friday 23rd August 2024

Property: 4 Suburb Street, Queenstown

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 vacancy 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

Proactive communication

Property Description

Four-bedroom, three-bathroom home, with open plan living, kitchen & dining area, and sophisticated outdoor entertaining area

Prime location, situated just a stone’s throw from Queenstown waterfront

Stunning views of Lake Wakatipu & Kelvin Heights

Rental Returns

We believe that a weekly rental return of the current condition of the home is estimated to be between $1400 and $1450 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 027 275 2805 E Billie@purepropertyrentals.co.nz

E S T I M A T E D N E T I N C O M E

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.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.