31 Risinghurst Terrace, Lower Shotover

Nestled into family friendly Shotover Country, this modern home and income property needs to be at the top of your list if you're looking for a first home with additional income or if you're a savvy investor looking for a rental investment with two income streams. The main home has four bedrooms and two bathrooms and there's also a separate self-contained one bedroom unit. Let's start by talking about the returns! We hold a rental appraisal on file for the main home estimating long term rental returns of $850- $900 per week and for the unit estimating long term rental returns of $450 - $500 per week. Combined, this property has potential to provide a healthy weekly return of $1,400 per week! Completed just three years ago, exterior construction consists of coloursteel, horizontal cedar plus a coloursteel roof. The main home has an open-plan kitchen (with walk-in pantry), dining and living area which open out to the family sized back garden (section size is 554 sq m). Did we mention the home enjoys fabulous views to Coronet Peak and the LARGE 10 sqm shed for all those Queenstown toys (bikes, skis, snowboards etc)? The master bedroom has a walk-in robe and an en-suite. The other three bedrooms share the family bathroom with tub. Other features include double glazing, a ducted heat pump system throughout, separate laundry and a separate powder room. The self-contained flat has its own entrance to the front of the property to ensure separation from the main home and is heated by a heat pump. You're just a short walk to Shotover Country Primary and Gem's Childcare and a short drive to Wakatipu High, Frankton Flats and Queenstown International Airport. Our owner has given us clear instructions to sell her beloved family home as she has already found her next home out of town. No Open Homes - Viewing is by Appointment with Gerard and Hadley. ...