A very rare opportunity to buy either a home and income or a two-income investment property in a park-like setting only minutes from the heart of Queenstown.

Established grounds of 1,293sqm offer privacy, excellent sun hours, extensive lake and mountain views and subdivision potential.

The property consists of two two-bedroom flats with good separation and plenty of private outdoor areas. The two dwellings are distinctive in style - one has a cottage feel, the other is more like an apartment, and both have always been easily let to long-term tenants who have loved living in this unique setting.

Although of an older vintage, extensive double-glazing and insulation, efficient heating and Kelvin Peninsula sunshine make this well-maintained property very liveable.

An early inspection is recommended for home buyers and investors alike.