15a Mackinnon Terrace, Fernhill/Sunshine Bay, Queenstown Lakes

Introducing 15A Mackinnon Terrace, a serene haven nestled in the picturesque Sunshine Bay. This impressive dwelling, built in 2017, boasts a freehold title on a large, elevated 772sqm section. The three-bedroom, two-bathroom home is a gem with its solid wood exterior walls and robust iron roof, both in excellent condition. The property's capital value has seen a rapid increase of 13.19% from $910,000 in 2017 to $1,030,000 as of 2021. The latest sales reflect a thriving market with transactions at $1,465,000 in 2024 and $1,350,000 in 2022. The HouGarden AVM estimates the property's worth at $990,000, making it an attractive investment.

For families, the property falls within the highly sought-after school zones of Queenstown Primary and St Joseph's School, both decile 10. The spacious open-plan living, kitchen, and dining area are complemented by expansive windows that frame the stunning Lake Wakatipu and mountain views. The master bedroom's ensuite ensures privacy, while the additional bedrooms offer versatility, suitable for guests or as a potential Airbnb rental. The property's winter-ready radiators, integrated security system, and remote heating adjustments provide comfort and peace of mind. It's fully furnished with new storage and a ski tuning room, appealing to outdoor enthusiasts.

With a consistent five-star Airbnb rating, this property has a proven track record of earning $600-$800 nightly, ranking in the top 5% of listings. Its potential for extended rental periods and prime location, just a five-minute drive from Queenstown CBD, make it an enticing opportunity for investors and holiday home seekers alike. Don't miss the chance to own a piece of paradise in this quiet cul-de-sac.

Updated on October 23, 2024