556B Peninsula Road
Kelvin Heights, Otago
About this property
Rarely does an opportunity like this present itself in Kelvin Heights. This beautifully renovated two-bedroom unit offers genuine entry into one of the Peninsula's most coveted settings; at a price point many assume beyond reach. Every detail has been considered in this architecturally designed renovation. Thoughtfully reconfigured living and bedroom spaces, alongside a new contemporary kitchen and bathroom, create a home that is both timeless and practical - optimising storage alongside beautiful finishes. Open-plan living and dining extend to a private deck, where the view of Lake Wakatipu and mountains unfold. The sheltered garden, fully fenced and easy care, rounds out the home designed for low-maintenance living. Single level offers effortless living, complemented by double glazing, wool carpets, and a heat pump for year-round comfort and warmth. Beyond its appeal today, resource consent is already in place for a future expansion to a three-bedroom, two-storey home, presenting genuine scope to add further value. The setting speaks for itself. Moments from Bayview Beach, the water taxi, walking and biking trails, and Jardine Park; with Queenstown International Airport, the Remarkables ski fields, and Frankton's shopping and dining precincts all within easy reach. Offered with vacant possession, the home is perfectly suited to full-time living, a lock-and-leave holiday pad, or an investment with demonstrated long term rental returns. Opportunities like this do not come around often. I invite you to contact me without further delay. To be sold by way of auction, 11am, Friday 9 October 2026 (unless sold prior).
Property features
- Renovated
- Modern
- North-facing
- Location
Schools (In zone)
- Remarkables Primary SchoolFull Primary2.8 km
- St Joseph's School (Queenstown)Full Primary5.5 km
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