To be read before reading the contents of this Memorandum.
This Memorandum has been prepared solely to assist interested parties in deciding whether to express their interest in the assets and then making their own evaluation of the property and its assets. The Memorandum does not purport to contain all information that a prospective Purchaser may require. In all cases, interested parties should conduct their own investigation, analysis and verification of the data contained in this Memorandum and the property. Neither the delivery of this Memorandum nor any contractual agreement concluded thereafter shall under any circumstances create any implication that there has been no change in the affairs or prospects of the property since the date of this Memorandum or since the date as at which any information contained in this Memorandum is expressed to be applicable.
The Advisors have not independently verified any of the information contained in this Memorandum. None of the Advisors or Owner make any representation or warranty as to the accuracy or completeness of the information contained in this Memorandum and none of the Advisors or Owner shall have any liability for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from, or failure to correct any information in this Memorandum, or any other written or oral communications transmitted to any recipient of this Memorandum in relation to the property.
Retention of this Memorandum will constitute acceptance by the recipient and readers of these terms and conditions and any recipients who do not accept any of the terms and conditions should return the Memorandum to the Advisors immediately.
* Browns Real Estate Limited (licensed under the REAA 2008) MREINZ. Each office is independently owned and operated
• Site of historic Bowler Cottage c. 1880 (rebuilt to modern standards c.2020)
• Three to four bedroom, three bathroom homestead
• Two living rooms and two dining rooms
• Four car garaging and carport/boat park
• Standalone 92 sq m studio with commercial consent
• Large established trees and orchard
• New post and rail fencing
• Approval for additional floor area to cottage
• Air BnB potential
• Potential for further commercial activity (subject to consent)
• Additional (c.10 sq m) character cabin on top terrace
Quintessential Lifestyle Property
Discover this quintessential lifestyle property located just five kms from Arrowtown in rural Arrow Junction. Featuring multiple buildings including an historic stone cottage, the property offers both a home and potential to generate diverse income streams.
Dating back to circa 1880, Bowler Cottage was constructed by blacksmith George Bowler who occupied the site from 1878. In 2020 the cottage was rebuilt, and the site now features two dwellings with a three bedroom floor plan, two living spaces and outdoor entertainment areas, four car garage, studio and gallery. Combining the allure of a charming stone cottage reimagined with modern construction materials, 45 Arrow Junction offers flexible accommodation options; letting the adjoining self-contained two bedroom dwelling (currently operating as a successful stand-alone business with significant forward bookings) or the Stone Cottage as a stand-alone unique boutique offering.
The property is nestled on a quiet, sunny site overlooking Arrow Junction Road and the popular Gibbston bike trail. Mature oak and chestnut trees are a prominent feature with recently installed post and rail fencing complementing the rural tones. Water is pumped from a bore to concrete holding tanks feeding to the dwellings and a fire hydrant. Buried piping delivers water to sprinklers irrigating the expansive front lawn and a small orchard of mature quince, pear, plum and apple trees. In addition to electricity, LPG is supplied to both the cottages and studio/gallery for cooking, hot water and heating.
A newly installed solar system with a 5.4 kWh backup battery reduces electricity costs and provides security of supply in the event of power outages.
A 92 sq m studio and gallery with connecting kitchenette and bathroom are located alongside the southern boundary. The existing consent allows various home-based commercial activities with potential to expand for uses such as bike operations, hospitality, artist studio/gallery or simply enjoy as a fabulous entertainment area.
A large stand-alone four bay garage and carport fronts onto a car park area, offering ample storage for vehicles, sporting equipment and toys. The rear of the studio could be developed to create further parking if required. A covenant permits that additional building is permitted on the upper terrace of the property to a maximum footprint of 70 sq m and some associated height and design guidelines.
Properties such as 45 Arrow Junction with multiple buildings, significant infrastructure and wide range of use options are closely held and seldom come to market. Interested buyers of this unique and attractive property will see opportunity in every direction.
A proportion of the property is subject to GST (if any).
Current furnishings differ from those shown in the images.
nzsothebysrealty.com/QBS13597
Property Information
LEGAL DESCRIPTION
• Lot 3 Deposited Plan 21572 and Section 111 Block VIII Shotover Survey District
LEGAL ESTATE
CERTIFICATE OF TITLE IDENTIFIER:
LAND AREA
ZONING
LOCAL AUTHORITY
RATING INFORMATION
2024/25 YEAR
VIEW
WATER
HEATING
• Freehold
• 120065
• 5,065 sq m
• Wakatipu Basin Lifestyle Precinct
• Queenstown Lakes District Council
• $4200.70 p/a - Queenstown Lakes District Council
The Official Publication of the Queenstown & District Historical Society (Inc.)
Twenty-eighth Issue
May 1982
Adjoining Cottage
Floor Plans
LOUNGE
ARROW RIVER SWIMMING HOLE, WITHIN CLOSE PROXIMITY TO 45 ARROW JUNCTION ROAD
Certificate of Title
Discover Arrowtown
Arrowtown is renowned for its deep historical roots and unique real estate, featuring everything from charming miners’ cottages dating back to the 1860s to modern homes. The area boasts excellent pre-schools and a primary school, making properties highly sought after. Additionally, Arrowtown's proximity to Queenstown adds to its appeal, offering easy access to all that Queenstown has to offer.
A postcard village, picture-perfect through every season, Arrowtown offers a lifestyle for those valuing history, nature, and community. The town shelters the Chinese village, walking trails, and the Arrow River, and is home to acclaimed golf courses.
Nestled beside the sparkling Arrow River, below magnificent peaks and just 20 minutes from Queenstown International Airport, you’ll be enchanted by the heritage main street and the beautiful walking and biking trails. It's a New Zealand treasure!
• Surrounded by beautiful cycling trails, including the famous 110 km Queenstown Trail. Bike along the purpose-built trail to the wineries at Gibbston or go for a ride beside the river or around Lake Hayes. For more of a challenge, ride single-track from Coronet Peak all the way back to Arrowtown or head up the Arrow River to the goldmining ghost town of Macetown.
• Enjoy the walking trails past mountains, rivers, forests and lakes. The Arrowtown trail network is the gateway to the Mahu Whenua trails, created as part of the donation of land to the Queen Elizabeth II Trust. New tracks will provide for a range of recreation activities on Glencoe and Coronet Peak stations and will also link up with sections of the Te Araroa trail that passes through Motatapu and Mount Soho stations.
• On a hot day, cool off in one of the many waterholes and natural pools along the Arrow River. Dive in to freshen up after a hill climb or bike ride, or swing into the water on one of the many rope swings dotted along the river.
• A round of golf with three exceptional golf courses nearby – The Hills, Millbrook and Arrowtown Golf Club.
• Winter skiing adventures with Coronet Peak, Remarkables and Cardrona skifields on your doorstep.
Arrowtown offers it all: walking, cycling, sking and snowboarding, golf and more. Discover your adventure!
Matt Finnigan & Russell Reddell
Matt works in partnership with Russell Reddell in the Queenstown office; a collaboration which has seen them negotiate some of the largest private property transactions in the market.
Their focus is predominantly on High Country Stations and Lifestyle properties throughout the South Island, rather than traditional residential real estate.
This formidable team have a strong reputation and considerable track record of success. The combination of Matt’s background in property valuation and commercial leasing, with Russell’s business acumen and negotiation skills, make for a strong and well-balanced partnership. With considerable experience in high-end real estate, difficult transactions and hard-to-sell properties, vendors often turn to this team to get results.
Both Matt and Russell have lived in Queenstown for over 30 years each, resulting in incredible local knowledge of the residential market. They are consequently regular sellers of the resort’s residential and lifestyle properties.
Offering a discreet and savvy approach to all property transactions, market-leading knowledge and results at the top end of the iconic property sector, contribute to the ongoing success of this unique team.
Matt and Russell have considerable experience in dealing with high-networth individuals and offer exceptional exposure to a large local and international database.
