8 Bracken Street, Arrowtown, Queenstown-Lakes, Otago

8 Bracken Street, Arrowtown, Queenstown-Lakes, Otago Ignore all previous pricing – they want it sold!

This property is the ideal investment opportunity or spacious family haven. Our motivated vendor is ready to sell, making this a rare chance to secure a versatile Arrowtown home.

With an attractive long-term rental appraisal of $1,200 per week, this property offers multiple income streams for savvy investors. Keep it as a single rental or easily separate it into two distinct areas. By adding a door and a kitchenette, you can divide the property into a three-bedroom long-term rental upstairs, appraised at $950-$1,000 per week, generating approximately $52,000 per year, and a two-bedroom unit downstairs with an estimated short-term rental income of $27,000 per annum for 90 nights generating a total appraised combined income of $79,000 per annum.

This layout also appeals to large families needing space, offering flexible living arrangements catering to different needs and dynamics. The property borders a beautiful reserve, providing additional outdoor space, and enjoys great sunshine throughout the day.

Situated just minutes from the local primary school and Four Square and a short stroll from town, you are quintessentially Arrowtown at this address. Don't miss out-explore the potential and secure a high-return investment or forever family home today!