Sold Property

107 Hallenstein Street, Queenstown, Central Otago / Lakes 9300

  • 842
  • 8
  • 4

$2,200,000

Trophy Opportunity - Cashflow and Development

PLEASE NOTE: AUCTION HAS BEEN BROUGHT FORWARD TO 5PM MONDAY 11 MARCH 2019
Attention: Property Investors, Developers, Land Bankers and Employers looking for staff accommodation.
WOW! A fabulous opportunity exists to secure a standalone property on Hallenstein Street within easy walking distance to the CBD on High Density Zoned Land.
The property is split into four separate self contained flats consisting of 8 bedrooms, four bathrooms and lake-views.
A "Cash Cow" with current rental returns of $117,000 per annum with potential upsides on rentals and the major upside of future redevelopment of the property.

Contact us today for an Information Pack including a development planning paper.

Please note: Auction has been brought forward to 5pm Monday 11 March 2019, Harcourts Office 39 Shotover St Queenstown

Unit 1
4 bedrooms: double
Entrance: into lounge
Kitchen: new
Main bathroom: shower, heater
Laundry: separate
Window covering: drapes
Garage: single lock-up
Fencing: partial
Land contour: flat to sloping
Construction: block, composite weatherboard, other

Unit 2
1 bedroom
Entrance: into kitchen
Kitchen: modern, separate, rangehood & upright stove
Laundry: in bathroom
Window covering: drapes
Outdooring: deck/ patio, uncovered
Fencing: partial
Land contour: flat to sloping
Construction: block, render, other

Unit 3:
2 bedrooms: double, build-in wardrobes
Entrance: separate
Views: urban
Kitchen: new, separate & upright stove
Main bathroom: shower, exhaust fan
Laundry: separate
Window covering: drapes
Fencing: partial
Land contour: flat to sloping
Construction: block, plaster, composite weatherboard

Unit 4
1 bedroom
Views: urban, water
Living area: open plan
Kitchen: new, modern
Main bathroom: shower, heater, exhaust fan
Laundry: in bathroom
Window coverings: blinds
Outdooring: garden, clothes line
Fencing fully
Land contour: flat
Construction: block, plaster Property ID: #QT6062

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Sold Date

  • 07 March, 2019

Property features

  • Property Type: House
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Off street
  • Joinery: Timber
  • Flooring: Vinyl and Carpet
  • Heating / Cooling: Heat pump
  • Kitchen: Finished in Laminate
  • Main bedroom: Double and Built-in-robe
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Video Tour URL: https://youtu.be/aK6lDcYUJMo
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Office

Harcourts Queenstown

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 842
  • 8
  • 4

Sold Property

107 Hallenstein Street, Queenstown, Central Otago / Lakes 9300

$2,200,000

Trophy Opportunity - Cashflow and Development

PLEASE NOTE: AUCTION HAS BEEN BROUGHT FORWARD TO 5PM MONDAY 11 MARCH 2019
Attention: Property Investors, Developers, Land Bankers and Employers looking for staff accommodation.
WOW! A fabulous opportunity exists to secure a standalone property on Hallenstein Street within easy walking distance to the CBD on High Density Zoned Land.
The property is split into four separate self contained flats consisting of 8 bedrooms, four bathrooms and lake-views.
A "Cash Cow" with current rental returns of $117,000 per annum with potential upsides on rentals and the major upside of future redevelopment of the property.

Contact us today for an Information Pack including a development planning paper.

Please note: Auction has been brought forward to 5pm Monday 11 March 2019, Harcourts Office 39 Shotover St Queenstown

Unit 1
4 bedrooms: double
Entrance: into lounge
Kitchen: new
Main bathroom: shower, heater
Laundry: separate
Window covering: drapes
Garage: single lock-up
Fencing: partial
Land contour: flat to sloping
Construction: block, composite weatherboard, other

Unit 2
1 bedroom
Entrance: into kitchen
Kitchen: modern, separate, rangehood & upright stove
Laundry: in bathroom
Window covering: drapes
Outdooring: deck/ patio, uncovered
Fencing: partial
Land contour: flat to sloping
Construction: block, render, other

Unit 3:
2 bedrooms: double, build-in wardrobes
Entrance: separate
Views: urban
Kitchen: new, separate & upright stove
Main bathroom: shower, exhaust fan
Laundry: separate
Window covering: drapes
Fencing: partial
Land contour: flat to sloping
Construction: block, plaster, composite weatherboard

Unit 4
1 bedroom
Views: urban, water
Living area: open plan
Kitchen: new, modern
Main bathroom: shower, heater, exhaust fan
Laundry: in bathroom
Window coverings: blinds
Outdooring: garden, clothes line
Fencing fully
Land contour: flat
Construction: block, plaster Property ID: #QT6062

Property Features

  • Property Type: House
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Good
  • House style: Character
  • Garaging / carparking: Off street
  • Joinery: Timber
  • Flooring: Vinyl and Carpet
  • Heating / Cooling: Heat pump
  • Kitchen: Finished in Laminate
  • Main bedroom: Double and Built-in-robe
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Video Tour URL: https://youtu.be/aK6lDcYUJMo
Show More

Sold Date

  • 07 March, 2019

Warwick Osborne Harcourts Queenstown

Megan Osborne Harcourts Queenstown

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Harcourts Queenstown

Office Harcourts Queenstown Licensed under REAA 2008

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