81/81A Hallenstein Street, Town Centre, Queenstown-Lakes, Otago, 9300, New Zealand

Too unique to look away, here is a rare opportunity to purchase a lucrative consented holiday home, plus a residential unit on a 663m2 High Density corner site, in the dress circle of Queenstown, with huge future development potential.

81 & 81A Hallenstein Street is positioned 400 metres from Queenstown’s CBD, meaning you are a gentle downhill stroll into central Queenstown’s shopping and famous hospitality. The elevated position ensures stunning mountain and Lake Wakatipu views. Central to all the action, 81 Hallenstein Street takes in views of the Gondola ascending Bob’s Peak and colourful Paraponters descending, the TSS Earnslaw departing and returning from Walter Peak Station and of course you are centre stage to large Fireworks displays set off in Queenstown Bay to celebrate Winter Festival and the New Year.

Originally built by local builder, Jock Boyd as his own home, this large solid dwelling has been modified over the years. The dwelling has been divided into two separate units with fire rated council approved separation. The upstairs main house still enjoys original timber flooring throughout, and a large schist open fireplace offers magnificent ambience in one of the two large open living spaces. Three generously proportioned bedrooms upstairs enjoy luxuriously large ensuites with a shower, bath and underfloor heating, while a fourth bedroom has the convenience of the adjoining guest toilet. The main house flows out to a covered swimming pool and spa pool area, which continues onto a flat private fully fenced lawn & BBQ area. Accessible to everyone the main house has ramp access to the front door and a Wheelchair Accessible Bathroom. The elevation means lake views can be enjoyed from all living spaces including the swimming pool. Ideal as a holiday home, the main house has been approved with Visitor Accommodation Consent for 200 days per year for up to 14 persons.

There is also a residential three-bedroom, one bathroom home with large open plan kitchette and living in the lower level, which enjoys a generously sized private lawn framed by beautifully established gardens.

This location is a mix of original dwellings and high-end luxury residential developments. Secure this highly desirable development site now, while multiple income streams affords you the time you need to plan your future grand design. Or simply relax and land bank.