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1 McDonnell Road, Arrowtown, Queenstown-Lakes, Otago, 2 Bedrooms, 2 Bathrooms, House

$1,495,000

1 McDonnell Road, Arrowtown, Queenstown-Lakes, Otago

2
2
1
129m2
747m2
HouseListed on Tue Jan 16
Open Homeschool zone
$8,882/Monthly repayments
Based on estimate value
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Arrowtown 2 Bedroom Significant price drop = exceptional value

There is an opportunity to purchase this charming home, priced significantly under its CV with vacant possession, now is the time to act quickly.

This charming two-bedroom residence presents an excellent entry point into Arrowtown's real estate landscape, making it an appealing option for discerning buyers seeking a village lifestyle at an attractive price point.

Boasting proximity to Arrowtown's array of fine dining, designer boutiques, cafes, and bars, all within a convenient 650m walk to the top of the Main Street, this home offers the perfect accessibility.

For those in pursuit of a holiday retreat, the property captivates with its alpine ambiance and minimal upkeep requirements. Its strategic location near Millbrook Resort, the picturesque Ayrburn precinct, ski fields, and golf courses enhances its allure. The residence features the comfort of gas heating, two living spaces, a patio, and a deck, creating an ideal setting for outdoor entertaining and enjoying sunlit summer evenings amidst rural vistas. Additionally, there exists a promising opportunity for a lucrative rental income, catering to both long term and short-term guests.

The layout includes two bedrooms and two bathrooms, complemented by two distinct living areas and a single garage with internal access. The kitchen and living areas provide a cosy setting for dining by the warmth of a log fireplace, enhanced by the airy feel of the lofty raked ceilings. Double glazing, efficient insulation, and excellent heating contribute to an overall comfortable living experience.

Surrounded by enchanting schist rock walls, the gardens evoke the quintessential Arrowtown Alpine atmosphere. Large hedges ensure privacy, while the low-maintenance flax and cabbage trees, along with blossoming trees in spring, add to the property's aesthetic appeal. This residence encapsulates the essence of an inviting living space, promising a seamless blend of convenience, comfort, and charm.

Location

Estimate update: 2024 05Data Disclaimer
Low$1,395,000
Mid$1,440,000
High$1,485,000

Estimate accuracy

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Council Data

Last update : 2024 05 22
Improvement value$650,000Increased by 75% from year 2017
Land value$900,000Increased by 60% from year 2017
CV(Year 2021 Month 09)$1,550,000Increased by 66% from year 2017
室外木台
室外木台Yes
景色
景色Focal Point Of view - Other
坡度
坡度Level
土地面积
土地面积747m²
建筑面积
建筑面积129m²
建造年代
建造年代2006
地契编号
地契编号OT16C/583
地契类型
地契类型Freehold
法律描述
法律描述LOT 35 DP 24614
市议会
市议会Queenstown Lakes
产权描述
产权描述FSIM,1/1,LOT 35 DEPOSITED PLAN 24614,747m2
建筑规格
建筑规格External Walls: Wood Roof: Iron
建筑现况
建筑现况External Walls: Good Roof: Good
城市规划
城市规划Low Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Arrowtown School
1.04 km
Primary
1-8
Government
Co-Educational
EQI: 391
10
St Joseph's School (Queenstown)
16.15 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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For developers

Unitary plan:Low Density Residential Zone
Land:747m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Cotter Avenue
1.44 km
3
2
230m2
Year 2024 Month 03 Day 14
$3,450,000
Council approved
0.14 km
3
110m2
Year 2024 Month 03 Day 12
$2,050,000
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20 Adamson Drive
0.14 km
4
1
202m2
Year 2024 Month 02 Day 12
$2,375,000
Council approved
0.43 km
280m2
Year 2023 Month 12 Day 19
$5,450,000
Council approved
0.26 km
2
1
98m2
Year 2023 Month 12 Day 03
$2,250,000
Council approved

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Ref:4544222Last update:2024-05-15 13:15:49