By PHILIP CHANDLER
It’s literally a stone’s throw from the Queenstown CBD.
Huge interest’s expected in a Queenstown Town Centre-zoned property at 6 Beetham Street, just above the upper Ballarat St carpark, that’s going to auction on October 7.
In 1972, the 875 square metre site was bought off its then-neighbouring owner for $25,000 — still a lot of money, then — by the late George and Hannah Green.
They then had a house built which, from ’75, was their retirement home.
‘‘It was a very quiet, secluded section,’’ son Rodney says.
Queenstown-based daughter Pam Maclean says it used to be right above the community pool, which the family had to themselves on Christmas Day, and beside the former Queenstown Primary School, which later served as the high school.
‘‘The fact it was so close to town was always its big drawcard.
‘‘In those days, there used to be a lot of people living this close.’’
Since the couple died, it’s been rented as a four-bed room house with two rented studio units below.
There’s also a single garage and off-street parking for four cars.
The property, with a rate able value of $2,350,000, is being marketed by local Harcourts agents Megan Osborne and Jaiden Direen.
Under its zoning, it could be developed for commercial, retail, residential or visitor
‘‘There’s not too many sales of Queenstown Town Centre-zoned properties so it’s almost a litmus test of what the values are going to be,’’ Direen says.
‘‘And of course in this environment we continue to be surprised, so it really is a prime auction.’’