Sold Property

20 Sandford Terrace, Lower Shotover, Central Otago / Lakes

  • 738
  • 228 m2
  • 5
  • 3
  • 2
  • 1
  • 3

$1,475,000

Invest or Nest

Solid Investment opportunity or Family home with income you choose.

A fantastic home and income property in sought after Shotover Country on Sandford Terrace on an elevated 738 sqm section with views over reserve and equestrian centre.

Four bedrooms in the main house are generously sized, cleverly designed house with all the modern touches you would expect from a new property in Shotover Country, Open plan living with a modern kitchen with Island bench and separate lounge/TV room with views over reserve.

The attached one-bedroom self-contained flat is located to the side of the property with its own entrance, separate metering master bedroom with en suite shower room and walk in wardrobe , private garden with Spa pool. The one bedroom flat comes fully furnished making it easy for you to continue to generate income.

Our owners are currently using the Four bedroom house for rental income at $775 per week, which was $900 pre-covid. The property has 365 VA consent and the One Bedroom flat is utilised for short term holiday rental and has had excellent occupancy pre and post covid times Summary of AIRBNB income
8-months to March 2018: $47,947
12-months to March 2019: $59,595
12-months to March 2020: $44,882
12-months to March 2021: $28,342
6-months to September 2021: $22,143
Figures provided by vendor full statements available for review

Either way, continue to rent out the house for a lucrative investment property or move in and this is an easy way to off-set your lending and add a substantial top up to your income with the separate flat.

Documents download here Public download link: https://www.harcourts.co.nz/Property/964688/QT7245/20-Sandford-Terrace#documents

Situated on a generous fully enclosed section bathed in sunshine and offers substantial parking options, Carport and double garaging.

Do not delay your inquiry as this could be your money maker in the popular Shotover Country very popular with home owners and tenants alike because of the location to town and Shotover Primary school and local Shotz café.

Our owners have decided to sell as they are completing another project. So come and take a look for yourself and secure this home or contact Jason or your Harcourts agent for full information pack.

For Sale by Auction: 12pm, Thursday 2 December 2021 (unless sold prior). Property ID: #QT7245

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Sold Date

  • 02 December, 2021

Property features

  • Property Type: Home & income
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Executive
  • Garaging / carparking: Internal access, Double lock-up, Auto doors (Number of remotes: 2)
  • Construction: Composite Weatherboard
  • Joinery: Aluminium, Double glazing
  • Insulation: Walls, Ceiling
  • Flooring: Floating and Carpet
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Heat pump, Ducted heating, Electric
  • Kitchen: Modern, Open plan, Dishwasher, Upright stove, Rangehood, Extractor fan, Breakfast bar, Gas bottled and Pantry
  • Living area: Open plan, Formal lounge
  • Main bedroom: Double and Walk-in-robe
  • Ensuite: Separate shower
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Additional rooms: Other (Seperate one bedroom unit with seperate access)
  • Granny flat: Council approved
  • Main bathroom: Bath, Separate shower, Exhaust fan, Heater
  • Laundry: Separate
  • Views: Urban, Park, Bush
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered and Concrete), BBQ area, Deck / patio
  • Fencing: Fully fenced, Materials (Iron)
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Garden: Garden shed (Number of sheds: 1)
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close To Lake / River, Close to transport, Close to shops, Close to schools
  • Virtual Tour URL: https://my.matterport.com/show/?m=yGSCnfEPvTy
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Office

Harcourts Queenstown

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 738
  • 228 m2
  • 5
  • 3
  • 2
  • 1
  • 3

Sold Property

20 Sandford Terrace, Lower Shotover, Central Otago / Lakes

$1,475,000

Invest or Nest

Solid Investment opportunity or Family home with income you choose.

A fantastic home and income property in sought after Shotover Country on Sandford Terrace on an elevated 738 sqm section with views over reserve and equestrian centre.

Four bedrooms in the main house are generously sized, cleverly designed house with all the modern touches you would expect from a new property in Shotover Country, Open plan living with a modern kitchen with Island bench and separate lounge/TV room with views over reserve.

The attached one-bedroom self-contained flat is located to the side of the property with its own entrance, separate metering master bedroom with en suite shower room and walk in wardrobe , private garden with Spa pool. The one bedroom flat comes fully furnished making it easy for you to continue to generate income.

Our owners are currently using the Four bedroom house for rental income at $775 per week, which was $900 pre-covid. The property has 365 VA consent and the One Bedroom flat is utilised for short term holiday rental and has had excellent occupancy pre and post covid times Summary of AIRBNB income
8-months to March 2018: $47,947
12-months to March 2019: $59,595
12-months to March 2020: $44,882
12-months to March 2021: $28,342
6-months to September 2021: $22,143
Figures provided by vendor full statements available for review

Either way, continue to rent out the house for a lucrative investment property or move in and this is an easy way to off-set your lending and add a substantial top up to your income with the separate flat.

Documents download here Public download link: https://www.harcourts.co.nz/Property/964688/QT7245/20-Sandford-Terrace#documents

Situated on a generous fully enclosed section bathed in sunshine and offers substantial parking options, Carport and double garaging.

Do not delay your inquiry as this could be your money maker in the popular Shotover Country very popular with home owners and tenants alike because of the location to town and Shotover Primary school and local Shotz café.

Our owners have decided to sell as they are completing another project. So come and take a look for yourself and secure this home or contact Jason or your Harcourts agent for full information pack.

For Sale by Auction: 12pm, Thursday 2 December 2021 (unless sold prior). Property ID: #QT7245

Property Features

  • Property Type: Home & income
  • Tenure: Freehold
  • Property condition: Excellent
  • House style: Executive
  • Garaging / carparking: Internal access, Double lock-up, Auto doors (Number of remotes: 2)
  • Construction: Composite Weatherboard
  • Joinery: Aluminium, Double glazing
  • Insulation: Walls, Ceiling
  • Flooring: Floating and Carpet
  • Window coverings: Drapes, Blinds
  • Heating / Cooling: Heat pump, Ducted heating, Electric
  • Kitchen: Modern, Open plan, Dishwasher, Upright stove, Rangehood, Extractor fan, Breakfast bar, Gas bottled and Pantry
  • Living area: Open plan, Formal lounge
  • Main bedroom: Double and Walk-in-robe
  • Ensuite: Separate shower
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Additional rooms: Other (Seperate one bedroom unit with seperate access)
  • Granny flat: Council approved
  • Main bathroom: Bath, Separate shower, Exhaust fan, Heater
  • Laundry: Separate
  • Views: Urban, Park, Bush
  • Aspect: North
  • Outdoor living: Entertainment area (Uncovered and Concrete), BBQ area, Deck / patio
  • Fencing: Fully fenced, Materials (Iron)
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Garden: Garden shed (Number of sheds: 1)
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close To Lake / River, Close to transport, Close to shops, Close to schools
  • Virtual Tour URL: https://my.matterport.com/show/?m=yGSCnfEPvTy
Show More

Sold Date

  • 02 December, 2021

Jason Drewett Harcourts Queenstown

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Harcourts Queenstown

Office Harcourts Queenstown Licensed under REAA 2008

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