591 Peninsula Road, Kelvin Heights

Presented to the market for the very first time and blessed with the finest of situations, it is not hard to see why this sunny four-bedroom, two-bathroom home has been cherished and enjoyed by our Vendors since new. You'd have to assume that a tenure of 33 years is a sign that the Vendor has enjoyed their home immensely; and in this instance you'd be absolutely right. On offer here is a prized freehold land parcel of 1,002 sq m. What started as a wonderful holiday home for our Vendors, a short while later became their permanent home. This is a very unique opportunity to secure a spectacular position on the shores of iconic Lake Wakatipu. From this front row position and with a 180 degree view, the sublime outlook is an ever-changing panorama. As you would expect from the home's elevated position, your vista is spectacular yet intimate. Configured over two levels, the house has been modernised and extended as required to provide comfortable family living. An open-plan living, kitchen and dining area opens out onto a generous balcony where you can bask in the endless sun whilst watching the boats go by or enjoy summer barbeques with special friends. Heating is a new gas fire and two heat pumps as well as areas of under tile heating. An inviting path leads through the wonderful botanic like grounds down to the Queenstown walking/cycle trail. The icing on the cake is the swing mooring in front of the property. We would expect that the underlying value of the land will interest the lucky buyer most and provide an exciting opportunity for redevelopment (subject to council consent). In the interim, the existing dwelling will make an enjoyable holiday home or rental investment whilst you develop plans for the ultimate Queenstown home. Populated by many of Queenstown's finest homes, Kelvin Heights is arguably Queenstown's pre-eminent location, as evidenced by the amazing new homes being built nearby. Tenders close 4:00 p.m Thursday 26 July 2018 (unless sold prior). ...