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Queenstown, 21 Sawmill Road

High Density Cash Cow

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Listing Number: QT6614
About this listing

SOLD - This listing was sold in May 2019.

21 Sawmill Road is close to downtown Queenstown and has high density zoning. Savvy investors and landlords will realise there is good income to be had whilst you plan your future here. The potential is exciting but rarely available.

It takes about 5 minutes to walk from here to the CBD which is why this property has never been vacant of tenants. Perfect for investors, land bankers and employers with several employees in Queenstown. Such an easy walk to town position and the redevelopment potential adds more use.

One complete property, it has been proven to give great returns. Previous options have included renting as a complete house, by the room and as an AirBnB proposition. This cash cow has good holding return however you decide to run it. Whether you are planning a redevelopment or simply decide to leave it operating as it is now. There are good options with this property and our vendors are motivated to move it on.

Properties in this central location with several options for use and on high density land rarely come to the market. Contact us now for a full information pack and private viewing appointment.
Property Information
  • Approx Floor Area: 107 sqm
  • Land Size: 508 sqm
  • Property Type: House
  • Property Features: Smoke alarms
  • Roof: Coloured steel
  • Tenure: Freehold
  • Property condition: Renovated
  • House style: Character
  • Garaging / carparking: Single lock-up, Free standing
  • Construction: Weatherboard
  • Joinery: Parial double glazing, Timber, Aluminium
  • Flooring: Carpet and Timber
  • Window coverings: Blinds
  • Heating / Cooling: Woodfire (Closed), Ducted heating, Electric
  • Kitchen: New, Open plan, Dishwasher, Upright stove, Rangehood, Breakfast bar and Finished in Laminate
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Bedroom 5: Single and Built-in / wardrobe
  • Main bathroom: Separate shower, Exhaust fan, Additional bathrooms
  • Laundry: Separate
  • Views: Bush
  • Outdoor living: Entertainment area (Other surface)
  • Fencing: Fully fenced
  • Land contour: Flat
  • Grounds: Backyard access, Tidy
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to schools, Close to transport, Close to shops

Contact Details

Harcourts Queenstown

Highland Real Estate Group Ltd

Licensed REAA 2008

39 Shotover Street
Office website

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