Back 21 Sawmill Rd
Off Market

21 Sawmill Rd

Queenstown Otago

5
2
1
127 m²
508 m²
House
David PoppletonDavid Poppleton, last sold this property on 18 March 2026 after 23 days on market.

Overview

High-Density Development Opportunity

If you've been looking for the right entry point into development in Queenstown, this is a strategic opportunity with a good rental income in place, until you are ready push the button. Located in a popular area for the future development of guest and worker accommodation, and just a 15 minute walk to the CBD, the existing 5 bedroom house is a perfect rental for workers who want proximity to Queenstown. Set on the corner of Sawmill Road and Johnson Place, the site offers flexibility for multi-unit development, visitor accommodation, or long-term rental configuration (subject to consent). A detailed planner's report is available outlining what could potentially be achieved under the current zoning - providing clarity for feasibility and design planning. Building Inspection and LIM reports are also available. Why this site stacks up: • 508sqm Freehold land • Two street frontages (design flexibility & access options) • High Density zoning • Well-served by local amenities • Close to Queenstown's industrial precinct and the main CBD • On the way to Coronet Peak For those buyers looking to step into small-to-medium scale development, this is a manageable site size with strong location fundamentals and year-round demand drivers. Review the reports. Secure the land. Run your numbers. Execute. Auction to be held at the property on the 19th March 2026 at 12:00pm (unless sold prior)

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
127 m² floor area
508 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Queenstown over the last 12 months, the estimated median property value of 21 Sawmill Rd is $1.79m.

Median value
$1.79m
Estimated value range
$1.75m - $2.76m
Median days on market
25
Estimated value trend
0%
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 21 Sawmill Rd

2026
Sold
Undisclosed
18 Mar 2026 by David Poppleton, of Walker & Co Realty (AndCo Realty 19 Limited)
2016
Sold
$1,120,000
20 Dec 2016 by Rowan McDonald, of Colliers Otago Queenstown

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 5 bedroom houses in Queenstown

In the last 12 months, 3 five-bedroom houses similar to 21 Sawmill Rd, have been sold.

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