Real Estate Australia

Home and dual income
$1,550,000




Property Location: 1 and 1A/21 Inverness Crescent Arrowtown - Queenstown-Lakes - Otago

Listing Id: 67019583  

Details

Bedrooms: 5    Bathrooms: 4    Garages: 2   

Land

Size: 2020 Square Mtr Approx  

Description: Superbly positioned in an ever-popular and practical location, this spacious home and dual-income property will draw interest from both astute investors seeking a quality addition to their portfolios, and home buyers looking for the mortgage busting bonus of extra income.

The main residence is spread over two levels and boasts three generously sized bedrooms, two bathrooms and a highly functional kitchen. An abundance of glass bathes the home in natural light from the northern sunshine.

Previously operated as a motel, the main dwelling also has an office with external access; a large double garage with workbench space and lots of extra storage in the laundry room. As an added bonus, there are two self-contained one bedroom flats on the property, completely separate from the main home, with generous living space and full kitchen and bathroom facilities. Both flats have off-street parking thanks to a common driveway. All of this is complemented by a large, flat back yard.

The property is all tied together over a large land allocation under a cross-lease title. Currently, both units are rented under fixed tenancies.

With walkways, parks, and cycle paths nearby, plus local shops just three minutes away, this location has something for everyone. Get in the zone for an excellent education with Arrowtown School within easy walking distance.

Our vendors are happy to sell the two flats furnished, with tenants in place, and are determined to achieve a result sooner rather than later. Interest will be high, and prospective buyers are advised to act quickly. Contact us today for more information.

Three bedroom home with two one bedroom income streams
Visitor accommodation consent
Largest site on the crosslease title
Walking distance to Arrowtown school

Boundary indicative only.

View ebook here: https://bit.ly/3bbJ1ZQ


Home and dual income
$1,550,000


Contact Colliers Queenstown Today!!!

Contact Vera Stewart
Phone 021 0596 266

Contact Jesse Johnston
Phone 027 733 7755

Property ID:67019583

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