Shotover Street, Town Centre, Otago

Presenting an incredibly rare opportunity to secure a spacious, high income-generating apartment located in the heart of vibrant Queenstown.

As one of the more elevated apartments in central Queenstown, the single-level property boasts spectacular lake and mountain views with both the Remarkables and Cecil and Walter Peaks on full display.

The open plan dining and living areas are complemented by a well-equipped kitchen with quality appliances and fittings throughout. Three generous bedrooms all enjoy their own tiled ensuites, making this a highly sought-after rental option with many repeat guests booking well in advance.

A distinctive feature of this unique offering is the circa 150sqm deck which extends out from the light-filled living area. This vast space enjoys incredible panoramic views and is ideal for outdoor entertaining and alfresco dining. There is also real potential to further enhance this outdoor living area as illustrated in the conceptual marketing images.

Conveniently located on the doorstep of the resort town’s many bars, restaurants and cafés, the apartment is very private and notably quiet for its central position. With the Queenstown Bay lakefront just across the road, the apartment is also ideally located for swimming and lake-based activities.

With very attractive returns and potential for a new owner to upgrade further, 301/53 Shotover Street will hold significant appeal to investors and holiday home purchasers alike. The property holds a valuable 365-day visitor accommodation resource consent and has been exceptionally well managed over the years, as evidenced by the excellent online reviews. Additional features include a dedicated secure carpark, lift and time-activated building security.

Such is the rarity of properties in this central location we anticipate widespread interest in this opportunity. Please get in touch to discuss and/or receive additional information.

*Some exterior images are digitally enhanced