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Investment Opportunity with 180-Day VA

Colliers Queenstown, Otago Realty (NZ) Ltd, (Licensed: REAA 2008)

Listed 13 Apr

50 Peninsula Road, Peninsula Rise Duplexes, Kelvin Heights, Queenstown-Lakes, Otago

Asking price $1,949,000

Bed3
Bath3
Parking1
Land area170m²
Floor area154m²

Details

3 bedrooms
3 bathrooms
1 Off-street parking
1 Garage parking
House
Property interior
Property interior

Investment Opportunity with 180-Day VA

TWO SOLD, Resource consent issued and construction has started! Positioned in one of Queenstown's most tightly held and consistently high-performing locations, these premium residences present an exceptional opportunity to secure a quality asset in Kelvin Heights, prized for its year-round sunshine - a suburb renowned for its strong local community, limited supply, and outstanding long-term growth. The vendor will consider a limited number of 5% deposit purchase options for early buyers, making now the ideal time to secure your property

Designed for easy living, each home offers spacious open-plan interiors flowing seamlessly to sun-soaked balconies, creating the ideal lock-and-leave retreat or premium holiday home. Quality kitchens feature stone benchtops, integrated appliances, and ample storage, while thoughtful layouts provide comfortable living for both owners and guests.

Each residence offers three bedrooms and two bathrooms, including a master suite with ensuite, alongside fully tiled bathrooms, underfloor heating, internal access garaging, and additional off-street parking - delivering both comfort and practicality.

A key advantage is the valuable 180-day Visitor Accommodation consent, allowing owners the flexibility to generate income while still enjoying personal use throughout the year. Whether you're looking for a holiday home, an easy-care Queenstown base, or a high-performing investment in a tightly held market, these residences offer a rare opportunity to secure a premium asset with strong return potential.

Being sold off-plan, construction is scheduled to commence in June 2026, with completion anticipated in Q2 2027 - giving buyers the opportunity to secure a premium Queenstown property ahead of delivery.

View Ebook Here: https://isu.pub/hGUrqv9 View Video Here: https://youtu.be/26u2ghYTIsU

Residence 1 - Available Residence 2 - Available Residence 3 - SOLD Residence 4 - Available Residence 5 - Available Residence 6 - Available Residence 7 - Available Residence 8 - Available Residence 9 - Available Residence 10 - Available Residence 11 - SOLD Residence 12 - Available Residence 13 - Available

Renders are indicative only.

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50 Peninsula Road, Peninsula Rise Duplexes, Kelvin Heights, Queenstown-Lakes, Otago

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