3 Gorge Road, Queenstown, Queenstown, Otago 9300

For sale

$3,250,000

Home And Income On High Density Land

Recently renovated, 3 Gorge Road offers prospective buyers a range of possibilities. Currently configured as two separate three bedroom homes, the layout spans across multiple floors. Buyers have the option to maintain this arrangement or convert the property into a spacious single-family home with multiple living areas and bedrooms. Each unit currently generates $900 per week (including GST), with potential for further growth. The property also comes with the added bonus of a B&B accommodation consent for up to 10 guests across the two units.

Strategically situated at the edge of Queenstown's CBD, the property is just a quick 2-minute stroll to the town centre. Positioned on a corner section, it features established landscaping that strikes a balance between privacy and open views, flooding the interior with natural light. Additionally, a garage accessible from Turner Street provides valuable storage space, a rare find in the area.

The property is zoned high density, offering scope for further development. For discerning purchasers seeking something more comprehensive, there's the opportunity to acquire the neighbouring property and leave a significant mark on Queenstown's landscape.

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