Marshall Avenue, Lake Hayes, Otago

Turn the page to a new chapter of your story with a uniquely Queenstown property. The 1.36 hectare lakefront landholding showcases heritage dating back to the 1860s which melds with the desirability of contemporary lakeside living. The future for the property is set to be as rich as the past, with considerable potential for additional development.

An iconic and much-admired feature at the western end of Lake Hayes, the two storey stone cottage was constructed circa 1865 during the gold rush era and has been updated throughout the decades since. Encircled by mature gardens, the picture-perfect cottage is suffused with the area's farming history whilst being just five minutes' drive to Arrowtown and approximately twenty minutes' drive to the heart of Queenstown.

The home encompasses three bedrooms and two bathrooms, with schist walls and interior features that pay homage to the cosy ambience of yesteryear. The spectacular location takes full advantage of the lake and mountain panoramas and surrounding countryside. The land is adjacent to a stunning, birdlife-rich wetlands area and an 8km lakeside walking/cycling track which forms part of the Te Araroa trail.

The opportunity now exists to take the property to the next level through additional development, and potentially subdivision (subject to approval). Resource consent has been granted (and stage 1 enacted) for plans for an 660 square metre footprint (972 square metre building). The concept plans are designed to be sympathetic to the site's heritage yet with modern comfort a priority. The scope for the site is extensive and will scale according to requirements.

Full information is available on the past, the present and the future opportunities for this incredibly rare offering.

Boundaries on images are indicative only.