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Arrowtown

2 Preston Drive, Arrowtown, Queenstown Lakes

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5Β Bedrooms
3Β Lounges
4Β Bathrooms
1Β Parking
3Β Offstreet
544sqmΒ Land area SQM
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Unlock exceptional returns and lifestyle


High yield investment.
Estimated rental return: $2,090 - $3,320 per week.
Approximately 5.2% gross yield.

This modern property is designed for maximum flexibility and strong returns, featuring three fully self contained units: one three-bedroom residence and two one-bedroom units. Each has its own private entrance, kitchen, bathroom, and living space, ideal for attracting multiple income streams. Whether you're an overseas investor seeking a high yield rental, looking for a holiday base with income, or planning for extended family stays, this setup offers exceptional versatility in a premium New Zealand location.

360-day short term visitor accommodation consent - a rare and highly valuable asset in Arrowtown.

Full solar panel system, reduce overheads, increase profitability.

Do not miss this rare chance to secure a high performing investment or dual living opportunity in the heart of historic Arrowtown. Just a short stroll to the villages charming cafes, boutique shops, scenic trails, and the river, this modern, low maintenance property delivers both lifestyle and income in one of New Zealand's most tightly held markets.

Arrowtown investments like this are rarely available - act now..

Contact us today for full financials or to arrange your private viewing.

Offers/Enquiries Over NZ$2,600,000
Susi Matz

Susi Matz

Residential, Lifestyle and Development Sales

Arrowtown Realty Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Sarah Lichtenstein

Sarah Lichtenstein

Residential, Lifestyle and Investment Sales Associate

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

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

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Property files

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