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5 Hobart Street

Queenstown Otago

4
3
1
165 m²
986 m²
House
Currently for sale - view listing

Overview

Hobart Cottages with Development Potential

Owned by the same family for 47 years, 5 Hobart Street represents an exceptional opportunity in one of Queenstown’s most sought-after residential locations. Flat, sunny, and positioned on a peaceful street just moments from the CBD, Lake Wakatipu and Queenstown Gardens, this 986sqm site offers scale and potential seldom found so close to the heart of town. Currently zoned Medium Density Residential with an eight-metre height limit, the property also sits within QLDC’s proposed Urban Intensification Variation, which seeks to rezone the site to High Density Residential* – a change that would further expand the scope for development. The property itself comprises the much-loved Hobart Cottage, sympathetically extended over the years to provide four bedrooms, two bathrooms and two living areas, spread across two buildings. Additional improvements include a workshop, garage and office. With Certificates of Title for Hobart Street first issued in 1887, the address holds a special place in Queenstown’s story. Now it awaits its next chapter – whether as a development site or as a unique residence within walking distance of every amenity. Get in touch with us today to discover the full potential this property has to offer. View information memorandum here: https://isu.pub/MVju4d8 View video here: https://youtu.be/fKoxBuCHILc Boundary lines and location markers indicative only.

Features

4 bedrooms
3 bathrooms
1 carspace
1 carport space
165 m² floor area
986 m² lot size
House

Happy sellers in Queenstown

73%
73% 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 59 reviews in Queenstown over the last 12 months.

Local market activity for 4 bedroom houses in Queenstown

In the last 12 months, 12 four-bedroom houses similar to 5 Hobart Street, have been sold.

This represents a 100% decrease in four-bedroom houses sales when compared to the previous 12 months.

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