Panoramic views: 47 Kent St's for sale by tender

It’s no accident a former Southland Times photographer regularly shot Queenstown Winter Festival fireworks displays from the balcony of this Queenstown Hill home.

That’s because 47 Kent Street, for sale for the first time since it was built in 1992, has some of Queenstown’s best views.

The world-class 180-degree views from the three-bedroom home, in close proximity to the CBD and towards the end of a private lane, encompass Bob’s Peak, Queenstown Bay and across to the Remarkables.

“It’s the position everyone wants,” local New Zealand Sotheby’s International Realty sales associate Hadley van Schaik says.

It’s the former retirement home of distinguished Invercargill citizen Fenton Mark and his wife Joyce who died, respectively, in 2016 and last year.

Showing a lot of foresight, the couple placed a height covenant on the property below, before they sold it, to protect their views in perpetuity.

The property’s one of four that have been in the family for decades.

The first house, near the start of the lane, was built for Fenton Mark’s parents in 1957.

His daughter, Gretchen Mark-Dear, recalls being driven up the Kingston Road, before it was completed, to visit her grandparents.

“My mum said us kids would be crying in the back seat because it was treacherous.”

Her parents’ home was built by Queenstown builder Ken Hood and designed by local architectural designer, the late Graham Kingston-Smith.

The 160 square metre home, on a 672sqm section, has three double bedrooms with built-in robes, the master with grand views of the Remarkables, open-plan dining, lounge and living area with superb lake and mountain views, and an adjacent kitchen.

There’s also a double internal-access garage, additional off-street parking and a north-facing outdoor terrace.

Mark-Dear says apart from the views and the proximity to downtown, the home benefits from the tranquility and privacy you get from living on a private lane.

Van Schaik, who’s marketing the property with colleague Gerard Bligh, says: “I think it will appeal to renovators, holiday home buyers and also those looking for an epic position for a new home, so effectively it could be a rebuild or a renovation.

“But, saying that, it is very comfortable as is – if someone wanted to land-bank, it would suit that perfectly, too.”

The property’s being sold by tender, closing February 27.

Its 2017 capital value was $1,930,000, of which $1,580,000 was the land component.

The property’s information memorandum points to other nearby Queenstown Hill sales over the past year, mostly also negotiated by Sotheby’s.

These include 56C Kerry Drive, a four-bedroom home which went for $1.925 million, 5A Galway Court, a three-bedroom unit sold for $2m, 16 York St, a four-bedroom chalet-style home which sold for $1.65m, and 13A Poole Lane, a three-bedroom townhouse which went for $1.775m.