Keen interest’s being shown in the sale of a secluded 52.61-hectare lifestyle property at Queenstown’s Arrow Junction, near the bungy bridge.
Judge and Jury Farm Retreat — named after schist rocks depicting a judge overlooking a jury — is elevated high above the Gibbston Highway, offering stunning views down to Queenstown and the Kawarau River.
It also has gold mining water races running through it as a nod to its history.
The property’s currently set up as an accommodation business as well as a home.
The main farmhouse has four double bedrooms and two bathrooms, and there’s also a two-bedroom cottage, a self-contained loft and a semi-permanent safari tent.
Each building has the rustic charm of hand-crafted stone but with modern finishings.
There’s also approval for a five further building platforms, enabling the accommodation business to expand further.
The property’s being market ed for ‘sale by negotiation’ by Colliers brokers Doug Reid and Ruth Hodges.
‘‘Having undergone recent refurbishments, the accommodation offerings are inviting for guests and will provide the new owner with a range of options with how they choose to posit ion the property,’’ Hodges says.
Reid, who points out the nearby Gibbston valley is one of Otago’s most sought-after lifestyle property areas, says there’s been a ‘‘very surprising’’ amount of inquiry since the property went on the market in mid-December.
‘‘People like the stone buildings, and the size of it is quite rare for the Whakatipu Basin.’’
He believes its location’s also a strong selling point.
‘‘Gibbston is home to some of the region’s oldest vineyards and has a lively, vibrant community that relishes its special character.
‘‘Arrowtown is less than 10 minutes away and Queenstown can be reached in 20 minutes, meaning guests have access to the ultimate in adventure and relaxation.’’
In three freehold titles, the property’s capital value, as at September 2021, was $4,220,000, of which the land value was $2,770,000.
