Astute purchasers with an eye for an opportunity will be instantly drawn to 26 Arawata Terrace. The large 70's home has been built to stand the test of time, and this is the first time it has been offered for sale in over 40 years. The home offers three bedrooms, a huge living area, formal dining, a bar/fourth bedroom, a spa room, and three bathrooms - ideal for large families, developers or extended family, to create an oasis in a popular location. This home offers prime views across Lake Wakatipu towards Cecil Peak, as well as easy access to Wilson Bay for those who will appreciate the lifestyle this area has to offer.
With a land holding this extensive, the opportunity and potential is huge for future subdivision. Land bank for now and develop later, or enjoy the well-built 70's home and the privacy it offers. The 1732sqm land area is split over three titles, offering ample room for the kids and family pets to stretch their legs, while the multiple outdoor living areas are the perfect place to relax and unwind. Two car garaging with overhead storage is a further bonus, along with parking for numerous cars.
Make no mistake - there's something very special on offer here - and interest is sure to be high as a consequence. Although fully aware of the rare opportunity their property represents, our vendors are determined to proceed with the next chapter in their lives, and a change of ownership is inevitable. The property will be taken to auction on the 13th of December 2018, unless sold prior. Auction to be held in the Harcourts office, 39 Shotover Street, Queenstown. Time to change hands for the very first time in over 40 years!
Thursday 13 Dec 12:00 p.m. (Harcourts Offices, 39 Shotover St)
Unless Sold Prior
Wednesday 12 Dec 12:00 p.m. - 12:30 p.m.
Approx Floor Area: 290 sqm
Land Size: 1732 sqm
Property condition: Fair
Property Type: House
Garaging / carparking: Double lock-up, Auto doors, Off street
Window coverings: Drapes
Heating / Cooling: Woodfire (Open), Heat pump
Kitchen: Original, Separate, Upright stove, Rangehood, Breakfast bar and Finished in Laminate