13 Malaghan Street, Queenstown, Queenstown Lakes

Exceptional investment on Queenstown Hill

Positioned in a sought-after elevated location on Queenstown Hill, this rare offering presents outstanding potential alongside a strong current income stream.

Set on a generous 748sqm (more or less) section zoned for High Density Residential use, the property features a well-maintained 1980s-built residence comprising five bedrooms and four bathrooms, plus a fully self-contained one-bedroom, one-bathroom unit on the ground floor—ideal for guests or rental income.

An added advantage is the Visitor Accommodation consent allowing for 365 nights of short-term rental annually, maximizing your income potential. The home boasts a tidy and comfortable interior, with scope to modernise or renovate over time, enhancing both value and appeal.

Enjoy panoramic views across Lake Wakatipu and Queenstown, all within walking distance to the CBD's vibrant array of shops, restaurants, cafes, and bars.

Currently part of a portfolio sell-down, this property offers an exceptional opportunity for investors seeking premium real estate in the heart of Central Queenstown.

To be sold + GST (if any)