Home and Income properties have quickly become scarce in the Queenstown Real Estate market and it's for good reason! 92 Stalker Road represents a clever acquisition for the family home buyer looking for a home with an additional income stream to supplement their mortgage or for the savvy investor looking for a rental investment with two income streams.
Totalling 211 sq m, there is a spacious three bedroom, two bathroom main home and a separate self-contained one bedroom unit. Completed in 2017 and with a Build Guarantee, the family home is modern, functional and family friendly. Did we mention the home enjoys knock-out views to Coronet Peak? You can watch the ski-field lights glistening like a Christmas tree on those winter nights.
The open-plan kitchen, dining and living area opens out to the outdoor terrace and fully fenced backyard (the section size is 638 sq m). The master bedroom is in a separate wing and has an en-suite and walk-in-robe. The other two bedrooms are doubles with built-ins and share the family bathroom with tub.
The north-facing orientation, double glazing and ducted heat pump system ensure year-round warmth and there's also a heat pump in the master bedroom for heating and cooling.
The separate unit has its own entrance at the front of the property to ensure separation and privacy from the home. There is an open-plan kitchen and living room plus bedroom and en-suite. This area is heated by a heat pump. The unit is currently rented for $500 per week (furnished).
92 Stalker Road has been an enjoyable family home for our Vendors. An exciting new build awaits and they offer the keys to this modern home and income property to another fortunate family or to an investor. Zoning is for Shotover Primary School.
We hold a LIM Report and a long term rental appraisal on file (estimating returns of $1,275 - $1,325 per week).
Agent Note: Home and Income properties are selling fast. Please register your interest with Gerard or Hadley early to avoid disappointment.