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Queenstown

Royalburn Station, 464 Crown Range Road, Crown Terrace

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15 March 2017

Property ID QBS10804

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Positioned on the elevated Crown Terrace, Royalburn occupies over 1,100 acres of predominantly flat to rolling farmland. Home to some of the finest homes in Queenstown, this location offers significant mountain and rural vistas with views out to the Kawarau River and Lake Wakatipu in the distance.

One of Queenstown's larger freehold farms, Royalburn is earmarked for a private luxury lifestyle development. Resource Consent for an 11 site lifestyle subdivision is in place, in addition to the existing house sites on the property.

Like many other successful farm-park style estates in the area, Royalburn, it is envisaged, will provide clustered housing on approximately one hectare sites whilst retaining the working farm and common recreation land for the benefit of the home owners.

Located just 20 minutes from central Queenstown or less than 10 km to Arrowtown, the property occupies a third of the Crown Terrace area. The property's rural setting is a sought-after and highly desirable location, and is mid-way between the ski field areas of Cardrona, The Remarkables and Coronet Peak.

Presently, the property operates as a sheep farm with approximately 250 acres planted in barley and turnips. The farm is operated by a live-in manager who occupies one of the property's two existing homes.

Of significant benefit are the property's existing water rights. Domestic supply is by way of bore and has adequate supply to cater for the potential subdivision. In addition, the property has numerous water rights for the purposes of irrigation. Currently there are ten hydrants on the property and four water rights for irrigation.

Matt Finnigan

Matt Finnigan

Queenstown

Cell Phone+64 21 199 7669

Emailmatt.finnigan@
sothebysrealty.com

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Russell Reddell

Russell Reddell

Queenstown

Cell Phone+64 21 355 291

Emailrussell.reddell@
sothebysrealty.com

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