Residential
More from realestate.co.nz:
Agents News

34/34A Cheltenham Road, Lower Shotover, Queenstown

Home & Income - A Smart Investment Opportunity

dollar

Enquiries Over $1,699,000

House
House
Bedroom
5
Bathroom
3
Floor area
207m2
Land area
450m2
Garage
2
On this page:

Open homes

Sunday
1:30pm - 2:00pm
09
Aug

Property details

Listing # L41793802 | Listed on 31 July

Whether you're looking to expand your investment portfolio or secure a quality home with the benefit of additional income, this contemporary 207sqm property offers outstanding versatility. Combining a spacious four bedroom, two-bathroom home with a fully self-contained one bedroom unit, it delivers the perfect balance of comfortable family living and proven rental performance.

Set on a fully fenced 450sqm section, the home has been thoughtfully designed for easy, low-maintenance living. The flexible floorplan includes a fourth bedroom that could also be utilised as a second living room, media room, or home office, allowing you to tailor the space to your family's needs. Quality finishes throughout the main residence include stone kitchen benchtops, beautifully tiled bathrooms and showers, custom wardrobe joinery, and a ducted heat pump system providing year-round comfort. The self-contained unit also features its own heat pump, ensuring independent comfort for tenants, guests, or extended family.

Large outdoor patios create the perfect setting for entertaining or relaxing, while the easy-care lawn offers plenty of scope to personalise the landscaping. Framing it all are stunning mountain views that showcase the natural beauty of Queenstown.

Positioned in the heart of highly sought-after Shotover Country, this property enjoys an enviable location within walking distance of Shotover Primary School, local cafés, shops, walking and cycling trails, and a wide range of everyday amenities.

Previously returning $1,800 per week in rental income, this is a proven investment opportunity with the flexibility to live in one dwelling while renting the other, accommodate extended family, or maximise your rental returns.

Property Features
• Four bedroom, two-bathroom main home
• Flexible fourth bedroom that can also be used as a second living room, media room, or home office
• Fully self-contained one bedroom unit
• Previously achieved rental income of $1,800 per week
• Double garage plus additional off-street parking
• Fully fenced 450sqm section
• Ducted heat pump in the main home
• Separate heat pump in the self-contained unit
• Quality finishes including stone benchtops, custom wardrobe joinery, and tiled bathrooms
• Sunny, low-maintenance outdoor entertaining areas
• Beautiful Queenstown mountain views
• Prime Shotover Country location
• Easy walk to Shotover Primary School
• Close to cafés, shops, walking trails, and local amenities

Offering exceptional flexibility, quality construction, and a sought-after location, this is an outstanding opportunity for investors, families, or buyers seeking a home with an additional income stream.

Your notes
Add notes for your personal reference. This can only be seen by you.

Fibre availability

Your residential fibre options

Powered by Chorus
With plenty of capacity and speed, fibre provides fast broadband services you can rely on. With a range of speeds and affordably priced plans to choose from – find out what’s available.

Schools and childcare in the area

Fibre availability

Powered by Chorus
Great news! It appears this address has a fibre box (ONT) installed, so connecting to fibre should be easy. Find out how to get fibre sorted before you move house.
Learn more

Fibre
Starter

Installed

Fibre Starter 100
100/20
mbps

from
$60
per month

Fibre
500

Installed

Fibre 500
500/100
mbps

from
$89
per month

Fibre
Max

Installed

Fibre Max
900/500
mbps

from
$99
per month

Hyperfibre
2000


Hyperfibre 2000
2000/2000
mbps

from
$149
per month

Hyperfibre
4000


Hyperfibre 4000
4000/4000
mbps

from
$179
per month
Not available
Hyperfibre
8000
currently is not available at this address

Hyperfibre
8000


Hyperfibre 8000
8000/8000
mbps

from
$260
per month

Wanting to order fibre broadband before you move house?

Head to broadbandcompare.co.nz to view fibre broadband options available at this address and get connected before you move.
Learn more
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.