Kei te Whakatangi Ataata
Our motivated vendors are ready and willing to part with this this much-loved property in the exclusive cul-de-sac of Salmond Place. Held in the family's ownership since 1976, it is now being offered for sale for the first time in almost 50 years.
The expansive 1,386 sqm High Density zoned land holding is of a gentle contour with spectacular (and protected) views, commanding a 270-degree panorama from The Remarkables Mountains to the east, south to Kingston and west across Lake Whakatipu to Queenstown Bay.
The established gardens create a private sanctuary for a renovated character residence that is orientated to maximize sun and views. The home is generously proportioned, consisting of four bedrooms and two bathrooms. Renovations have ensured it is warm and comfortable and has been able to be enjoyed as a holiday home and a strongly performing AirBnB rental.
The property can continue to be enjoyed as is or could make the ideal platform for one or more luxury residences. The established High Density Residential zoning could be further enhanced by QLDC's Urban Intensification Variation which proposes increases to building heights and relaxations of setbacks and recessions planes creating an opportunity for more comprehensive development.
This is your opportunity to own a unique slice of Queenstown - a legacy property steeped in character, brimming with potential and in a prime downtown location.
Key Features:
• 1,386 sqm Section: One of the largest in the town centre area
• Zoned High Density Residential: Significant development potential
• Prime Location: 10-minute walk to downtown Queenstown
• Spectacular Views: 270-degree panoramic views protected by a restrictive height covenant
• Character Dwelling: 1960's home with central heating, renovated to a high standard
• Airbnb Success: Proven to be a high performing short-term rental property
Contact us today to arrange a viewing. The motivated vendor is keen making this an opportunity not to be missed.
Boundaries are indicative only.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 2 | 126m2 | 2024 10 25 | $2,120,000 | Council approved | |
0.16 km | 5 | 192m2 | 2024 09 27 | $2,025,000 | Council approved | |||
 | 0.26 km | 1 | 80m2 | 2024 09 26 | $750,000 | Council approved | ||
 | 0.42 km | 4 | 2 | 249m2 | 2024 09 09 | $6,300,000 | Council approved | |
| 0.26 km | 1 | 1 | 40m2 | 2024 07 26 | $565,000 | Council approved |