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10 Boundary Street, Queenstown, Otago, 4 Bedrooms, 2 Bathrooms, House

By Negotiation

10 Boundary Street, Queenstown, Otago

4
2
220m2
1222m2
HouseListed on Fri Jul 19
Most Popular

Queenstown 4 Bedroom Exceptional Development Opportunity

Discover the unmatched potential of 10A & B Boundary Street, Queenstown. This high-density zoned property, perfectly situated next to the bustling CBD, presents a remarkable opportunity for investors and developers alike.

The property is located just a short, flat walk from Queenstown's vibrant town centre, ensuring easy access to all Queenstown has to offer. Close to supermarkets, schools, and parks, it offers unparalleled convenience for future residents. Enjoy the balance of urban amenities and nearby recreational spaces, making it an ideal location for modern developments.

The property currently holds a three bedroom 1960s era home, a bedsit, and a separate flat, providing rental income potential while planning future developments. The expansive 1,222sqm section provides ample room for innovative development ideas.

Held by the same owners for decades, this property is a rare find in a sought-after location. Whether you aim to develop now or hold for future growth, this property offers immense flexibility and potential.

Don't miss this unique chance to invest in a key piece of Queenstown real estate with limitless possibilities.

View ebook here: https://bit.ly/4d2ozoM

Location

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Council Data

Last update : 2024 12 11
Improvement value$400,000Increased by 14% from year 2017
Land value$890,000Increased by 74% from year 2017
CV(Year 2021 Month 09)$1,290,000Increased by 50% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Land area721m²
Floor area152m²
Decade of construction1980
TitleOT4B/1318
Type of titleFreehold
Legal descriptionLOT 11 DP 12060
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 11 DEPOSITED PLAN 12060,721m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLow Density Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Queenstown Primary School
0.10 km
Primary
1-8
Government
Co-Educational
EQI: 403
10
St Joseph's School (Queenstown)
0.52 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:1222m²
Title:Freehold

Surrounding facilities

Boundary Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/21 Inverness Crescent, Arrowtown
0.27 km
2
1
60m2
Year 2024 Month 12 Day 06
-
Council approved
5 Payne Place, Arrowtown
0.32 km
0m2
Year 2024 Month 11 Day 04
$1,225,000
Council approved
19 Inverness Crescent, Arrowtown
0.26 km
3
118m2
Year 2024 Month 09 Day 10
$1,505,000
Council approved
29 Bedford Street, Arrowtown
15.81 km
3
1
99m2
Year 2024 Month 09 Day 03
$1,850,000
Council approved
10 Preston Drive, Arrowtown
0.38 km
5
221m2
Year 2024 Month 08 Day 01
$2,835,000
Council approved

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Ref:67029982Last update:2024-11-01 09:16:01