New Build. Priced Below CV. Act Now.

Listed 14 Sep
5 Reedland Street, Jacks Point, Queenstown-Lakes, Otago
Asking price $1,450,000
Details
- Floor Area
- 165m²
- Land area
- 364m²
- Parking
- 1 garage spaces
- Broadband
- Fibre, Satellite, Wireless


New Build. Priced Below CV. Act Now.
The sellers are serious about selling and have priced this property below CV. Presenting you with this exciting opportunity to secure this entry level home & income property at a great price. Offering the perfect combination of modern family living and genuine income potential. Ready to be occupied for the first time. Whether a first home buyer or landlord, 5 Reedland Street is ready for you.
To make purchasing easy, a LIM report has been provided, and the property comes with the balance of a transferrable Halo 10 Year Residential Builders Guarantee which ends on 14 November 2035.
The main residence features three-bedrooms, two-bathrooms and a spacious open-plan living. Complemented by a quality kitchen finished with a Prime stone benchtop, full kitchen island and Truss ceiling that creates extra space and makes the most of the natural light. The single garage is equipped with a larger than most attic space that spans the length of the garage. A privacy fence between the main home and the unit ensures you don't even know you have a tenant unit the rental income is in your account.
The self-contained one-bedroom income unit is a real standout. Providing you with multiple use opportunities, such as generating rental income to help offset your mortgage, an extra room for when nana comes over for Christmas or your soon to be adult teenager wants their own space. The spec of this unit has not been compromised. Finished with same finishes as you find in the main residence. This unit has been built with purpose and comfort.
Investors can enjoy the potential of two income streams from one property. Featuring a modern, low-maintenance landscape new build with the potential for attractive returns. A Harcourts rental assessment has been provided to make it easy to crunch the numbers.
Whether you're looking to build your investment portfolio or make home ownership more affordable, this property offers flexibility, modern living and income potential all in one.
Brand new. Move-in ready. Income-producing potential.
Enjoy the Hanley's Farm lifestyle and community. This property offers more than just a brand-new home. It's an opportunity to enjoy a modern, connected lifestyle in one of Queenstown's growing neighbourhoods. Just a stone's throw away for Howden Park, the kids have no excuse not to leave the house and Te Kura Whakatipu o Kawarau Primary School is only 650m away, allowing for a late sleep-in before getting up for school. With quality homes, green spaces, family-friendly surroundings and convenient access to Queenstown Airport, with local favourites like The Farmhouse Cafe, playgrounds, and walking trails all close by. Hanley's Farm is an appealing choice for both families and tenants. Whether you're living here yourself or investing for the future, this location offers strong lifestyle appeal and excellent long-term potential.
Don't miss out, get in touch today.
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Local Schools
- TE KURA WHAKATIPU O KAWARAU85 Howden DriveRoll: 566
- ST JOSEPH'S SCHOOL (QUEENSTOWN)25 Beetham StreetRoll: 130
- REMARKABLE START JACKS POINT LTD120 Māori Jack RoadRoll: 81
- BESTSTART HANLEYS FARM1 Spur Ridge RiseRoll: 149
- ACG QUEENSTOWN REMARKABLES PARK9 Copper Beech AvenueRoll: 89
- KIDSFIRST KINDERGARTENS FRANKTON13 Robertson StreetRoll: 32
- WAKATIPU PLAYCENTRE49 Red Oaks DriveRoll: 17
- WAKATIPU HIGH SCHOOL47-49 Red Oaks DriveRoll: 1552
- REMARKABLES PRIMARY SCHOOL49 Lake AvenueRoll: 426
- KINGSVIEW SCHOOL14 Yewlett CresentRoll: 90
- LIGER LEADERSHIP ACADEMYUnit 10 34 Grant RoadRoll: 32
- SHOTOVER PRIMARY SCHOOL57 Stalker RoadRoll: 580
- QUEENSTOWN PRIMARY SCHOOL20 Robins RoadRoll: 522
- CROMWELL COLLEGEBarry AvenueRoll: 696
Location info
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Open home times
SaturdaySat
10:45am - 11:30am
SundaySun
10:45am - 11:30am
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SaturdaySat
10:45am - 11:30am
SundaySun
10:45am - 11:30am
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Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $1.44M - $1.63M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $1,480,000
- Land value
- $530,000
- Improvement value
- $950,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 1.44M - 1.63M
- Suburb median
- Jacks Point: 1.55M
Past sales & timeline
- Capital Value
$1,480,000
- Sold
$375,000
- Capital Value
$390,000
- Decade built




