1/62 Shotover Street, Queenstown, Queenstown Lakes

Unique and flexible downtown gem

Opportunities like this are few and far between - a four-bedroom apartment right in the heart of Queenstown's town centre. Whether you're looking for a steady rental, a short-stay operation, a business base, or a dynamic live-in pied-à-terre, this versatile property covers all the angles.

Zoned Town Centre with automatic Visitor Accommodation (VA365) consent, the apartment has been continuously in long-term rental for over two decades and is currently earning $1,000 per week. With generous proportions rarely found in the CBD and panoramic views from a sun-filled balcony, there's plenty of room to unlock further value.

The interior is ready for a makeover, making it a prime candidate for renovation to increase return or personal use enjoyment. The large layout offers flexible configurations, and the unbeatable location ensures demand remains strong - whether from tenants, guests, or buyers down the line.

While there is no dedicated car park, parking options are close at hand - and with everything Queenstown has to offer right outside your door, a vehicle may not be necessary.

Highlights:
•Zoned Town Centre - VA365 automatically in place
•Four-bedroom layout - a rare size in the CBD
•Strong rental history - $1,000/week current return
•Ideal for Airbnb, long-term rental, home, or business use (STCA)
•Blank canvas for renovation - add value your way
•Sunny balcony with sweeping views
•Walk to everything - because you're already there

Set in one of Queenstown's most high-demand zones, this is a smart move for investors looking for income, capital gain potential, and flexibility.