Live-Work Ease in Downtown Queenstown
Discover the perfect blend of lifestyle and opportunity at Unit G07, 98 Gorge Road – a live-work unit with the added advantage of two car parks.
Priced at $799,000 plus GST (if any), this unique property offers an ideal investment for those seeking a live-in and work lifestyle. Positioned as an end unit, this one-bedroom apartment features a private rear patio, a well-appointed kitchen, and a stylish bathroom. What truly sets it apart is its two dedicated parking spaces, each valued at $25,000 plus GST, providing blissful convenience.
The standout feature of Unit G07 is its designated space facing Gorge Road, presenting an excellent opportunity for a small business or the flexibility of a work-from-home setup. Located in downtown Queenstown within the Te Pa Tahuna development, designed by renowned architects Jasmax, this property is within walking distance to all amenities, ensuring a coveted blend of accessibility and exclusivity.
Don’t miss your chance to own this exceptional live-work unit at the heart of Queenstown’s vibrant downtown. Contact us today to arrange a viewing and secure your place!
Executive Summary
Address Unit G07, 98 Gorge Road
Rates QLDC: $2889.01 per annum | ORC: $318.39 per annum
Body Corp
$ 4,622.87 per annum
Floor Area 87m² more or less
Built 2023
Floor Coverings Concrete, tiling, carpet, vinyl
Windows Double glazed
Hot Water Electric
Heating Air conditioning
Insulation Ceiling
Laundry Cupboard
Views Mountain
Parking 2x off-street
Rental Appraisal
$550 - $580 pw
Other Information
The following information is also available for this property - contact us for your copy.
• Record of Title
• Body Corporate documents
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.
LIVE-WORK APARTMENTS
87–90 M 2 Interior
15-26 M 2 Patio
1 Bedrooms
1 Bathrooms
Units
Ground Floor : G01, G02, G04, G06, G07
DISCLAIMER
This brochure, any outline plan and specifications, preliminary subdivision plan showing the concept of the Te Pā Tāhuna development, the property (terrace house or unit), or specifications have all been prepared prior to the completion of construction of the development. Whilst every reasonable effort has been made to ensure the information and calculations correctly illustrate the development and the property (terrace house or unit), they can only be used for guidance and no responsibility will be taken for any differences, changes or errors or omissions which may become apparent whether before or after completion of the Te Pā Tāhuna development and the finalisation of “as built” plans, specifications and calculations. The information is subject to change and subject to contract. It will be superseded by any plans and/or specifications and other such information contained in any such contract entered into in respect of the Te Pā Tāhuna development which will be subject to the terms of that contract.
RECORD
OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT
TITLE
Search Copy
Identifier 1100417
Land Registration District Otago
Date Issued 30 March 2023
Prior References 1011075
Estate Stratum in Freehold
Legal Description Principal Unit7DepositedPlan575159 andAccessoryUnit7ADepositedPlan 575159andAccessoryUnit3PDeposited Plan575159andAccessoryUnit9P DepositedPlan575159
Registered Owners Greenland HomesH&LLimited
Supplementary Record Sheet 1118251
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 12702725.6 CovenantpursuanttoSection108(2)(d)ResourceManagementAct1991(affectsUnit7DP575159)30.3.2023at8:52am
boundary indicative of complex
Rental Appraisal
Date: Monday 24th June 2024
Property: Unit G07,98 Gorge Road Queenstown 9300
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 vacant 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
Pro-active communication
Property Description
One bedroom, one bathroom apartment
Featuring a private rear patio and study
Two dedicated off-street carparks
Within walking distance to Queenstown central with all its amenities.
Rental Returns
We believe that a weekly rental of the property is estimated to be $550 - $580 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,
Chloe Holliday Senior Property Manager
P 03 409 0480
M 027 371 5666
E Chloe@purepropertyrentals.co.nz
Fred Bramwell
Sales Consultant 021 435 694
James O’Hagan
Sales Consultant 021 909 323
Jesse Johnston
Sales Consultant 027 733 7755
Candice Buchanan Sales Consultant 027 630 1283
Eoin Miles Sales Consultant 027 777 2006
Stephen Hebbend Sales Consultant 021 453 881
Hugh Clark Sales Consultant 027 223 2997
Nicole Bell Sales Consultant 021 898 326
Doug Reid Sales Consultant 027 4313 278
Damien Henaghan Sales Consultant 021 728 003
Brendan Quill Sales Consultant 021 416 785
Emma Lups Sales Consultant 027 428 5100
Vera Stewart Sales Consultant 021 0596 266
Mei Chen Sales Consultant 022 075 9847
Richie Heap Sales Consultant 021 500 815
Maria Wyndham Sales Consultant 021 997 522
Zach Hylton Sales Consultant 027 369 6805
Poppy Jefferies Sales Consultant 022 0439 935
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.
