A rare original home from Queenstown’s most exclusive subdivision is on the market.
The chalet-style house, at 6 Four Views Avenue, was built as a showhome in Queenstown’s Kelvin Heights almost 50 years ago.
Subdivision developer John Reid says the home was called ‘Tyrol’, after a region in the Austrian Alps.
“We were trying to get it through that this was an alpine area rather than a place to just throw up your average bach.
“It was my idea that we should try and get some chalet/mountain-style architecture with a bit of a pitch to the roof.”
Reid thinks the showhome – built in the pre-decimal currency early 1960s – sold for about 5000 pounds.
“It was designed to be affordable.”
Reid – who put 142 sections on the market – had no idea Kelvin Heights would become New Zealand’s first ‘million-dollar subdivision’, where property values would average at least $1 million.
“Who knew what the prices were going to be? When you look at it, it’s just amazing, isn’t it.
“But with lake on either side, we always knew it was a magic location.”
The rateable value of 6 Four Views Avenue is $440,000, including $250,000 for the land.
Local Harcourts property consultant Richard Stringer, who’s auctioning the property on September 20, says: “We would be expecting interest above that.
“I think it’s one of those properties that the right person would love to keep the character of it and just add a little bit onto it.”
Stringer says the existing owner has refurbished the home to provide comfortable modern living.
“But it’s still got all the character it was born with.”