SoldSep 2, 2025

5 Butement St, Glenorchy, Otago

Amount undisclosed

4
2
7
188 m²
1012 m²

House

30+ days on the market

Sold: Sep 2, 2025

What's around 5 Butement St

Income Opportunity in a Stunning Location

Follow the iconic 45km drive from Queenstown, one of the most breathtaking drives in the world, to a place where the pace is relaxed and the tranquility unmatched.  Set on a generous 1,012sqm section, we have a cleverly designed layout with two all but self contained two-bedroom homes. Each component of this property is north-facing and features its own living area, kitchen area, bathroom, laundry, driveway, and gardens. A lockable internal hallway gives the option to keep the spaces connected or completely separate, making it ideal for income generation or multi-generational living. Here is a property with options for many different potential buyer groups. The location is truly unmatched, offering direct views and access to the Rees River, immediate access to the wetland boardwalk, and a five minute stroll to the expanse of Lake Whakatipu.  Equally convenient is a short stroll to local cafés, local produce, shops, the Glenorchy school, and local daycare centre.  The in-river lagoon provides a hot spot for summer swimming, and endless adventures abound in nearby Lake Aspiring National Park and Fiordland National Park.   Ideal for investors, families, couples or individuals, this property combines strong income potential with an unbeatable location. The current owners have lovingly restored both homes and gardens, while the location guarantees further capital improvement opportunities  Don't miss out— reach out for more details today!

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