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12 Silver Street, Lower Shotover, Queenstown-Lakes, Otago, 5 Bedrooms, 3 Bathrooms, Home & Income

Set Date Sale 11am 12 March - unless sold prior

12 Silver Street, Lower Shotover, Queenstown-Lakes, Otago

5
3
143m2
453m2
Home & IncomeListed on Mon Feb 17
Near NewMost Popular

Lower Shotover 5 Bedroom Golden Home & Income Opportunity

Discover the perfect blend of versatility and convenience with this well positioned home and income property. Thoughtfully designed for easy living, it features a spacious three bedroom main residence, complemented by a two bedroom unit, ideal for generating rental income, hosting extended family or providing staff accommodation.

Nestled on a private 453m² section, this low maintenance, high quality brick home was built by the current owners to the renowned Golden Homes standard, featuring RibRaft foundations and Zog steel framing. The main home boasts a spacious open plan kitchen with a spacious walk in pantry, living and dining area that seamlessly flows out to a sunny lawn and patio complete with a pergola creating the perfect space for entertaining. The master bedroom includes its own ensuite, walk in wardrobe and views of Coronet Peak lit up over the winter months. Designed with privacy in mind the two additional double bedrooms with built in wardrobes share a modern Jack 'n' Jill, generously sized bathroom. A heat pump and Escea remote controlled gas fireplace ensures year round comfort.

Should you need further convincing:

• Ample off street parking

• Short stroll to Shotover Primary, local park and bus stop

• Gas hot water system

The adjoining two bedroom unit offers its own charm with an open plan living space, a well appointed kitchen and a tidy bathroom. A heat pump keeps the space cosy, while the grassy outdoor area and side garden provide room for relaxation or even a veggie patch. Off street parking is also available for the unit.

Currently tenanted (returning $930 & $675 p/w), this property offers great flexibility, whether you're an investor, first home buyer or seeking a dual purpose residence. With solid rental returns, flexible living options and a prime location, it's an exceptional opportunity in a market with strong growth. Don't miss out - contact me today to arrange a viewing and explore its full potential.

Set Date of Sale 11am, Wednesday 12 March (unless sold prior)

Location

Open homes

Mar01
Saturday11:00 - 11:30

Council Data

Last update : 2025 02 26
Improvement value$610,000Increased by 29% from year 2017
Land value$400,000Increased by 25% from year 2017
CV(Year 2021 Month 09)$1,010,000Increased by 27% from year 2017
View typeNo appreciable view
ContourLevel
Land area453m²
Floor area143m²
Decade of construction2019
Title801057
Type of titleFreehold
Legal descriptionLOT 345 DP 515267
CouncilQueenstown Lakes
Estate descriptionFSIM,1/1,LOT 345 DEPOSITED PLAN 515267,453m2
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Shotover Primary School
0.30 km
Primary
1-8
Government
Co-Educational
EQI: 392
10
St Joseph's School (Queenstown)
9.41 km
Primary
1-8
Government
Co-Educational
EQI: 389
10

Property history

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Surrounding facilities

Silver Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
11 Primrose Lane, Lower Shotover
0.07 km
3
2
142m2
Year 2024 Month 11 Day 04
-
Council approved
6 Violet Way, Lower Shotover
0.20 km
4
152m2
Year 2024 Month 10 Day 29
$1,320,000
Council approved
17 Myles Way, Lower Shotover
0.19 km
4
175m2
Year 2024 Month 09 Day 23
$1,415,000
Council approved
17 Myles Way
0.19 km
4
2
175m2
Year 2024 Month 09 Day 23
-
Council approved
21 Risinghurst Terrace, Lower Shotover
0.12 km
3
172m2
Year 2024 Month 09 Day 13
$1,310,000
Council approved

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Ref:QTN30287Last update:2025-02-25 09:15:52