56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Hero Image
56c Kerry Drive
Queenstown | Otago

The Heritage of

Fine Craftsmanship

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George Passmore
George Passmore
Presented At
$2,650,000
Bedrooms
4
Bathrooms
2
Living
2,218
SQFT
Fireplace
Open Kitchen
Stone Countertops
Washer Dryer
Kitchen island
Bar
Laundry Room
Jacuzzi
Walk In Closet
Basement
Gas Stovetop
Garage
Parking
Balcony
Garden
Vineyard / Winery
Pool
Water View
Lake View
Mountain View
Panoramic / Scenic View
Renovated
Investment Property
Equestrian
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 1
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 2
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 3
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 4
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 5
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 6
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 7
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 8
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 9
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 10
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 11
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 12
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 13
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 14
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 15
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 16
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 17
56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. - Photo 18
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56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand. , Queenstown , Otago

Top Tier

Situated high on Queenstown Hill with panoramic views, this lock and leave style property is an ideal holiday home or full-time residence. Built on the high side of the street with added elevation, the iconic views of Queenstown Bay as well as Cecil and Walter Peaks set this property apart.

Designed over two levels and tastefully renovated, the ground floor maintains lake views and features three double bedrooms, a tiled family bathroom, powder room, ample storage and a double garage. Upstairs the hub is an open plan kitchen, living and dining area that takes in the views with a cosy gas fire for the winter months. This area opens to a large balcony and patio, perfect for summer entertaining. There is a separate lounge for movie nights or parking the kids, providing extra space when needed. 

The generous master suite takes a grandstand lake view, with walk through wardrobe and en-suite. Further storage and a handy separate laundry help keep life organised. A mix of wood flooring, lush carpet and heated tiling add to the quality feel of this property, with ducted heating/cooling ensuring year-round comfort. A privately positioned outdoor spa and extra off-street parking space complete a very appealing home.

So close to central Queenstown, move in ready and with spectacular views, this property has it all. Queenstown Hill has always proved popular, and this is an investment for years to come.

Exterior

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Map showing 56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand.

Property Location

56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand., Queenstown Otago

Local Weather & Climate

Queenstown, Otago

Current Conditions Updated recently
60 °F
Overcast clouds
Feels Like 59°F
Humidity 64%
Wind 5 mph
Visibility 6.2 mi
Sunrise 6:37 PM
Sunset 7:12 AM
5-Day Forecast
Fri 13 Mar
Clear
High 62°
Low 39°
Sat 14 Mar
Clear
High 62°
Low 40°
Sun 15 Mar
Clear
High 65°
Low 39°
Mon 16 Mar
Clouds
High 62°
Low 43°
Tue 17 Mar
Clouds
High 68°
Low 48°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Queenstown?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

NZ$
%
NZ$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Queenstown. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $265,000,000 20% down ($53,000,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$22,771
$22,771/day
Your home may appreciate while you sleep
$159,838/week $692,630/mo $8,311,557/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$145.8M
vs
OWN 📈 +$206.8M
$206.8M Potential Equity
vs $145.8M lost to rent over 10 years
$53.0M Down Payment Growth
3.9x
10yr
$206.8M
8.1x
20yr
$428.3M
12.6x
30yr
$669.3M
Wealth Comparison
×1,594
Equivalent to 1,594 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $669.3M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $312.1M +18%
Market $360.9M +36%
Optimistic $416.4M +57%
$206.8M est. equity
20 Years
Conservative $367.5M +39%
Market $491.5M +85%
Optimistic $654.4M +147%
$428.3M est. equity
30 Years
Conservative $432.8M +63%
Market $669.3M +153%
Optimistic $1,028.4M +288%
$669.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This house at 56c Kerry Drive, Queenstown, OTA, Queenstown, Otago, New Zealand features 4 bedrooms with 2,218 square feet of living space.
This property offers 2,218 square feet of living space.
This property is listed at $265,000,000, which equals $119477 per square foot.
Based on current market indicators, Queenstown shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Queenstown, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.
George Passmore

George Passmore

New Zealand Sotheby's International Realty

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