8 Avalon Crescent, Fernhill, Queenstown Lakes

Seven-bedroom home and income/Staff accommodation

8 Avalon Crescent offers an exceptional opportunity to own a truly versatile freehold property situated on a sunny 660sqm section. This remarkable residence boasts six bedrooms, four bathrooms, along with separate living and kitchen/dining areas. To ensure year-round comfort, the main home is heated by two wood burners and a heat pump, and the three downstairs bedrooms are double glazed. But that's not all - downstairs, you'll find a self-contained studio unit complete with its own kitchen, heat pump and ensuite with washing machine.

One of the property's standout features is the large, fully fenced rear lawn and deck, providing a safe and enjoyable play area for your children and pets. The living areas and front balcony also offer breathtaking panoramic lake views of the Kelvin Heights Golf Course, Cecil Peak and The Remarkables. The balcony is the perfect place to embrace breathtaking sunsets with the stunning backdrop of The Remarkables. Conveniently located in close proximity to the Fernhill shopping centre and bus stop, residents can enjoy easy access to essential amenities while also relishing leisurely strolls to downtown Queenstown.

This property is currently tenanted, offering a fantastic investment opportunity for those seeking rental income or staff accommodation. Alternatively, it could suit as a spacious 250sqm (more or less) family residence or desirable holiday home, with the added bonus of earning rental income from the studio unit. The property can be sold with vacant possession giving owners the flexibility to move in themselves, or with a tenancy in place, to generate an impressive rental income of $2000 per week.

Don't miss this rare opportunity to secure your dream home or investment opportunity. To be sold via Deadline Private Treaty, 4pm Tuesday 29 August (unless sold prior). Kindly note that viewings will be exclusively available during the scheduled open homes on Wednesdays, from 12:00pm to 12:30pm. Please take a look at the 3D Matterport walkthrough.