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Home & income or unrivalled investment opportunity
A nine bedroom income generator that's equally suited to an investor or a local family wanting a home and income opportunity, this substantial property's layout offers plenty of scope. The six bedroom (with built-in wardrobes), three bathroom home is sun-filled and airy, with cathedral ceilings & open beams and takes full advantage of the beautiful mountain views, while the downstairs three bedroom unit is private and fully self-contained.
Situated on a 1,057sqm section, there is ample off-street parking for four cars. Landscaped with mature native trees, it's easily maintained allowing more time for residents to enjoy the area's riverside walks and local eateries. Arthur's Point is less than a ten minute drive to central Queenstown, four minutes to the base of Coronet Peak and 15 minutes to Five Mile and Remarkables Park.
The property has been maintained to a good standard and invites astute investors to explore the potential.
• Nine bedroom, four bathroom house split into a six bedroom home and a three bedroom unit
• Beautiful native trees and a low-maintenance garden
• Strong rental history with a high yield
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Property Details
Ref
- 20428482
Property type
- Home and Income, House
Floor area
- 320 sqm
Land area
- 1057 sqm
Rates
-
Local Council: $5,528.84
Regional: $232.27
Capital Value
- $1,220,000
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Location 24 McMillan Road, Arthur's Point, Queenstown, Otago
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