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13 Malaghan Street

Queenstown Otago

6
5
210 m²
748 m²
House
Currently for sale - view listing

Overview

Exceptional investment on Queenstown Hill

Positioned in a sought-after elevated location on Queenstown Hill, this rare offering presents outstanding potential alongside a strong current income stream. Set on a generous 748sqm (more or less) section zoned for High Density Residential use, the property features a well-maintained 1980s-built residence comprising five bedrooms and four bathrooms, plus a fully self-contained one-bedroom, one-bathroom unit on the ground floor—ideal for guests or rental income. An added advantage is the Visitor Accommodation consent allowing for 365 nights of short-term rental annually, maximizing your income potential. The home boasts a tidy and comfortable interior, with scope to modernise or renovate over time, enhancing both value and appeal. Enjoy panoramic views across Lake Wakatipu and Queenstown, all within walking distance to the CBD’s vibrant array of shops, restaurants, cafes, and bars. This property offers an exceptional opportunity for investors seeking premium real estate in the heart of Central Queenstown. This property is for sale plus GST if any.

Features

6 bedrooms
5 bathrooms
210 m² floor area
748 m² lot size
House

Happy sellers in Queenstown

74%
74% 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 60 reviews in Queenstown over the last 12 months.

Local market activity for 6 bedroom houses in Queenstown

In the last 12 months, 4 six-bedroom houses similar to 13 Malaghan Street, have been sold.

This represents a 33% decrease in six-bedroom houses sales when compared to the previous 12 months.

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