Arrowtown
2 Preston Drive, Arrowtown, Queenstown Lakes
+18
3 Self Contained Units - Arrowtown Gold
Discover a unique investment and lifestyle opportunity in the heart of historic Arrowtown. Set on a beautifully positioned site, 2 Preston Drive offers three fully self-contained dwellings and the rare advantage of a 360-day visitor accommodation consent — your ticket to tapping into Arrowtown's thriving tourism market.
This versatile setup includes:
A stylish three bedroom main home
Two one-bedroom units, each with private access, full kitchens, and bathrooms
Whether you are looking to maximise short term rental returns, accommodate extended family, or live onsite while earning from the other units, the options are wide open. This is a high performing, low maintenance property that works just as well as a full time residence as it does a smart investment.
Few Arrowtown properties enjoy this level of flexibility, and even fewer hold valuable short stay consent. A full solar system adds further appeal, reducing operating costs and boosting your bottom line.
Just a short stroll to Arrowtown's vibrant village, cafes, shops, and iconic trails, this property delivers the perfect blend of income, independence, and lifestyle , all in a tightly held Central Otago location.
Secure your future in Arrowtown - enquire today for financials or to arrange a private viewing.
Susi Matz
Arrowtown Realty Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Sarah Lichtenstein
Arrowtown Realty Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Home and income
This purpose built low maintenance property is full of options. Comprising of a two bedroom, two bathroom main house, plus two studio units returning a great income
Location
Based in central Arrowtown, within walking distance to the main street, the river, shops, cafes, walking and biking trails this purpose built low maintenance property is full of options
Investment
Investment property with potential for three tenancies, currently providing a great return for the owner
Solar
Recently installed solar power, so operating costs are minimised
School zones
Walking distance to Arrowtown Primary School
Year built
This purpose built property was built in 2018 as a successful rental investment
Have your questions answered
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Property files
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