Centrally located and consented for 365 days a year visitor accommodation, this property presents an excellent opportunity on so many levels. Part of a deceased estate, this well presented and furnished four bedroom house will no doubt perform very well as a rental investment with its convenience to town. Located on the ever popular Hallenstein Street, with grandstand lake views and zoned in the High Density Residential zone, there is undoubted future land holding and redevelopment potential. There is further opportunity here as this property can, if required, be purchased together with two adjoining properties 'Hippo Lodge', combining for a sizable parcel of land - buy one or buy both.
A standalone investment or part of a bigger picture, this property is seriously for sale and will prove popular.
Tender: 26th November 2020 at 2:00 p.m.(unless sold prior)
New Zealand Sotheby's International Realty,
Mountaineer Building Level 1, 32 Rees Street, Queenstown
Boundary lines are indicative only.