Marketed as "a legacy lifestyle estate", 108 Eastburn Rd, known as Kahu Heights, goes to auction at Ray White Arrowtown’s offices at 2pm tomorrow.
The property is in two titles, one of 43.3ha and one of 22.3ha.
The first lot includes a renovated five-bedroom homestead and, nearby, a two-bedroom cottage, sleepout/studio, a rural barn with its own bedroom and games room and an implements’ shed with an office.
Two horse arenas sit below the homestead.
Within this lot there is also consent to create a 2.63ha title including a designated building platform.
And within the second lot there is consent in place for five luxury two-bedroom cottages known as ‘Kereru Eco Cottages’.
Local Ray White owner Bas Smith describes the property as "absolutely majestic, with that classic view down the valley to Queenstown".
"As a rural property you’d be hard to match it, and the cost to replace a homestead like that is astronomical."
