Back 3/29 Panorama Terrace
Off Market

3/29 Panorama Terrace

Queenstown Otago

2
2
1
110 m²
Apartment
Last sold for $1,150,000
Eloise Sadie MorrisEloise Sadie Morris, last sold this property on 12 June 2025 after -41 days on market.

Overview

Vendors confirm: this must sell!

Hit the ground running with 365 Days VA at 3/29 Panorama Terrace! This property is being sold fully furnished, and with a great history of strong returns, you can purchase now and hit the ground running for the Queenstown winter rush! If investment's not your style, 3/29 Panorama Terrace would make a fantastic low-maintenance holiday home - come and go as you please. Situated on Queenstown Hill in the highly desirable Panorama Terrace, this fully furnished two-bedroom, two-bathroom apartment comes with 365-day visitor accommodation consent and offers excellent returns. Modern and thoughtfully designed, it boasts partial lake views, a front balcony, and two well-appointed bedrooms - each enjoying abundant natural light and direct access to a private patio and lawn. Double-glazed windows and a cozy fireplace ensure year-round warmth and comfort, while the solid concrete construction promises low maintenance and long-term peace of mind. Ideal as a holiday retreat, high-performing short-term rental, long-term investment, or permanent residence, this stylish apartment is just a short stroll from Queenstown's town centre. It comes complete with a single lock-up garage, providing space for ski gear, a workshop, or secure storage, adding further value. Everything is ready for you to move in, rent out, or start enjoying your Queenstown lifestyle immediately. Our out-of-town owner has given clear instructions to sell. Don't miss this chance to own a slice of paradise. Get in touch today. To be sold via Auction - 11am, 13 Jun 2025 (will not be sold prior), Sofitel Hotel, 8 Duke Street, Queenstown PLEASE NOTE: This property is selling +GST (if any)

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
110 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Queenstown over the last 12 months, the estimated median property value of 3/29 Panorama Terrace is $1.04m.

Median value
$1.04m
Estimated value range
$145k - $1.51m
Median days on market
25
Estimated value trend
14%
increase 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 3/29 Panorama Terrace

2025
Sold
$1,150,000
12 Jun 2025 by Eloise Sadie Morris, of Bayleys Frankton (Queenstown and Southern NZ Realty Ltd)
2023
Sold
23 May 2023 by Carolyn Hill

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 2 bedroom apartments in Queenstown

In the last 12 months, 9 two-bedroom apartments similar to 3/29 Panorama Terrace, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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