Back 1/23 Adelaide Street
Off Market

1/23 Adelaide Street

Queenstown Otago

3
2
1
100 m²
Unit
Deni BevinDeni Bevin, last sold this property on 16 June 2025 after 0 days on market.

Overview

Walk to town and water views

Nestled in a prime Queenstown location, just a short stroll from the lake and downtown, this property offers an unbeatable combination of convenience, tranquility, and lucrative returns. The spacious, single-level layout is designed for effortless living and boasts VA365 consent, making it an exceptional investment with stunning returns. Whether you're looking to expand your investment portfolio or secure a property in a highly desirable location, this is a must-see. As part of a portfolio sell-down, the vendors of this property welcome genuine market feedback to help them set the fair market value. The home features a well-thought-out open-plan living, kitchen, and dining area, creating an inviting atmosphere perfect for relaxation or entertaining guests. The master bedroom boasts a private ensuite, while two additional bedrooms share a modern, stylish bathroom. The flow of the space makes this property ideal for both family living and accommodating short-term visitors. Step outside to the spacious patio, where you'll be bathed in the warm afternoon summer sun, making it the perfect spot to unwind. Despite its central location, the home enjoys a quiet and peaceful setting, offering a unique combination of vibrant city living and tranquil retreat. With solid forward bookings and the property being heavily booked by short-term guests, this opportunity offers immediate returns. The sale includes all furnishings and is zero-rated for GST (if any). Given its popularity with short-term visitors, viewings must be scheduled in advance to accommodate existing bookings. For more information, including a detailed information pack, video walk through, and returns reports, contact us today.

Features

3 bedrooms
2 bathrooms
1 carspace
100 m² floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Queenstown over the last 12 months, the estimated median property value of 1/23 Adelaide Street is $1.24m.

Median value
$1.24m
Estimated value range
$955k - $3m
Median days on market
31
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Queenstown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/23 Adelaide Street

2025
Sold
Undisclosed
Private Sale/Treaty on 16 Jun 2025 by Deni Bevin, of One Agency - The Property Specialists Queenstown

Happy sellers in Queenstown

76%
76% of sellers in Queenstown reported that their sale price either exceeded or met their price expectations.

Queenstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 58 reviews in Queenstown over the last 12 months.

Local market activity for 3 bedroom units in Queenstown

In the last 12 months, 9 three-bedroom units similar to 1/23 Adelaide Street, have been sold.

This represents a 50% decrease in three-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Queenstown

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent