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16B WATTS ROAD, FERNHILL $725,000 E queenstown@colliers.com W colliers.co.nz/212971 T 03 441 0790

Otago Realty (NZ) Ltd, Licensed agent REAA 2008


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MAKE IT YOUR OWN The ideal formula for a first home or rental, this Fernhill property is in a rarely-available price bracket. Encompassing three bedrooms, open plan living and with the added bonus of a garage, savvy purchasers should view as soon as possible. Live in or rent out as is, or consider adding value through some updates to the interior. Positioned in popular Fernhill, it’s handy to the bus stop or a short drive to town. Take the first step onto the property ladder or add to your portfolio. • Three bedroom two bathroom home with wood burner and garage • Good off-street parking • Easy access to beautiful local walking tracks • Rental appraisal upto $750 per week • Would respond well to a refresh

3 Bedroom

2 Bathroom

1 Living Area

Single Garage

3 Off-Street Park

140m2 Floor Area


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boundary indicative only


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EXECUTIVE SUMMARY ADDRESS

16B Watts Road, Fernhill, Queenstown

RATES

QLDC: $2,560.32 ORC: $142.98

CV

$730,000

FLOOR AREA

140m² more or less

EXTERIOR

Plaster, Wood

FLOOR COVERINGS

Carpet, Vinyl

WINDOWS

Double glazing

HOT WATER

Electric

HEATING

Wood burner

INSULATION

Ceiling

GENERAL FEATURES OUTDOOR FEATURES

Sheltered, Indoor/outdoor living Decking, BBQ area

LAUNDRY

Part of bathroom

VIEWS

Mountain

PARKING

Single Garage, 3x Off-Street Parks

RENTAL APPRAISAL

$650 - $750 p/w


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


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Date:

7/04/2019

For:

To Whom It May Concern

Property:

16b Watts Road, Queenstown

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.

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


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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

✓ ✓ ✓ ✓ ✓

A 3 bedroom / 2-bathroom semi furnished home Open plan kitchen, dining and lounge Balcony / deck Wood burner fire and double glazed throughout Single garage with off street parking for total of 4 vehicles

We believe that a weekly rent of $650.00 to $750.00 per week is achievable once general maintenance and repairs have been completed. It would be ideal for a family or up to 4 adults. Rental returns

This appraisal is based on the current market conditions, comparable Pure Property rental properties and advertised properties I,e Trademe and similar sites. 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 obtained. NB: Whilst careful market research has been undertaken to provide realistic appraisal information, Pure Property accepts no liability for the accuracy and completeness of the appraisal information provided. Users should 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,

Ro Richards Rental Division Manager P 03 409 0480 M 027 275 6057 E ro@purepropertyrentals.co.nz


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

Identifier OT15A/942 Land Registration District Otago 17 June 1993 Date Issued Prior References OT10C/515

Supplementary Record Sheet OT15A/943

Stratum in Freehold Estate Legal Description Unit B and Accessory Unit B1 and B2 Deposited Plan 23287 Registered Owners Averil Theresa Hiddleston and Andrew Hiddleston 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 8954353.2 Mortgage to ASB Bank Limited - 23.1.2012 at 3:40 pm

Transaction Id Client Reference

56288900 csvendsen001

Search Copy Dated 7/02/19 9:08 am, Page 1 of 2 Register Only


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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


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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.


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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


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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

16B Watts Road ebook  

16B Watts Road ebook