Property with gardenQueenstown (New Zealand)

Price :

$2,372,300

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

bedrooms4 land5,065 m²

Discover this quintessential lifestyle property located just five kms from Arrowtown in rural Arrow Junction. Featuring multiple buildings including an historic stone cottage, the property offers both a home and potential to generate diverse income streams.
Dating back to circa 1880, Bowler Cottage was constructed by blacksmith George Bowler who occupied the site from 1878. In 2020 the cottage was rebuilt, and the site now features two dwellings with a three bedroom floor plan, two living spaces and outdoor entertainment areas, four car garage, studio and gallery. Combining the allure of a charming stone cottage reimagined with modern construction materials, 45 Arrow Junction offers flexible accommodation options; letting the adjoining self-contained two bedroom dwelling (currently operating as a successful stand-alone business with significant forward bookings) or the Stone Cottage as a stand-alone unique boutique offering.
The property is nestled on a quiet, sunny site overlooking Arrow Junction Road and the popular Gibbston bike trail. Mature oak and chestnut trees are a prominent feature with recently installed post and rail fencing complementing the rural tones. Water is pumped from a bore to concrete holding tanks feeding to the dwellings and a fire hydrant. Buried piping delivers water to sprinklers irrigating the expansive front lawn and a small orchard of mature quince, pear, plum and apple trees. In addition to electricity, LPG is supplied to both the cottages and studio/gallery for cooking, hot water and heating. A newly installed solar system with a 5.4 kWh backup battery reduces electricity costs and provides security of supply in the event of power outages.
A 92 sq m studio and gallery with connecting kitchenette and bathroom are located alongside the southern boundary. The existing consent allows various home-based commercial activities with potential to expand for uses such as bike operations, hospitality, artist studio/gallery or simply enjoy as a fabulous entertainment area.
A large stand-alone four bay garage and carport fronts onto a car park area, offering ample storage for vehicles, sporting equipment and toys. The rear of the studio could be developed to create further parking if required. A covenant permits that additional building is permitted on the upper terrace of the property to a maximum footprint of 70 sq m and some associated height and design guidelines.
Properties such as 45 Arrow Junction with multiple buildings, significant infrastructure and wide range of use options are closely held and seldom come to market. Interested buyers of this unique and attractive property will see opportunity in every direction.
A proportion of the property is subject to GST (if any).
Current furnishings differ from those shown in the images.