House for sale, 79 Arawata Terrace , Otago, in Queenstown, New Zealand

Home and Income in Sunshine Bay Introducing a beloved five bedroom, five bathroom home and income property located in the sought-after suburb of Sunshine Bay. Positioned on a generous 1513 sq m (more or less) of freehold land with reserve frontage, this property offers sweeping views of Lake Wakatipu and Cecil and Walter Peak. Spanning three levels across an expansive 380 sq m floor area, this property presents an exceptional opportunity for dual income potential, with a myriad of possibilities awaiting the new owner. Step into the top level to uncover the master bedroom complete with an en-suite bathroom, walk-through wardrobe, and a sun-drenched private balcony. An additional double bedroom with its own en-suite provides added convenience. Entertain with ease on the middle level, where a spacious kitchen and dining area seamlessly flow into a substantial living room and adjoining secondary sunroom. Both spaces extend to sunny balconies, offering a perfect setting for relaxation and enjoyment. Additionally, another generously sized double bedroom with external access shares the family bathroom. Three heat pumps and a wood burner guarantee year-round comfort. The lower level of the home provides a tidy self-contained one bedroom, one bathroom unit and a further double bedroom, bathroom, kitchen area, storage, and laundry room, all accessible externally. The potential for income generation abounds here. Completing this property is a double garage with a standing height mezzanine floor, alongside ample off-street parking. Sunshine Bay offers a convenient location, with easy access to the CBD, nearby bus stops, reserve areas, biking and hiking trails and a short walk to lake access. Whether you're a home and income seeker or a business in need of staff housing options, this property presents an ideal choice. Deadline Sales: Closes 12:00 p.m. Tuesday 14 May 2024 (unless sold prior).