One of the last remaining private landholdings available in the Whakatipu Basin near Queenstown is being presented to the market for sale offering buyers the opportunity to acquire an expansive and secluded rural estate.
Offering sweeping views of the surrounding mountain ranges and the Kawarau River, the property, known as Doonholme Estate, comprises seven freehold titles and spans 212.7660ha. The undulating rural farmland includes the prominent Morven Hill, which you can spot as you fly into Queenstown.
Located at 122 Morven Ferry Road, which is only 15 minutes from Queenstown Airport and a short drive to the historic Arrowtown, the size and location of this offering makes it attractive to local or international buyers considering luxury development opportunities or those who just wish to utilise it as their own private retreat.
The property enjoys direct access to the recreational trails and outdoor adventures that are all on its doorstep, including the adjoining magnificent Kawarau River and Queenstown Trail network.
Start your property search
There is an existing income stream at the property from communication towers located on top of Morven Hill.
Colliers Rural Sales Advisors Ruth Hodges and Mike Eyles have been exclusively appointed to market the property for sale via negotiation.
As you enter the estate from Morven Ferry Road you are greeted by the original homestead. It was built in the late 1800s and has been added to and developed during the past 100 years, including more recent renovations.
There is also a historic woolshed with stone features, multiple farm buildings, and sheds with dry stacked stonewall showcasing the property s unique history. This provides secure future building platforms, if required.
Venturing further onto the expansive property the landscape showcases its true diversity. Rolling farmland rises up to the base of Morven Hill where the property continues up and crests the summit on the eastern side.
To the south, the property drops down a natural terrace to the Kawarau River and provides private access to the river and flats. This offers seasonal licensed fishing along with direct access to the Queenstown Trail.
Hodges, Director of Colliers Rural & Agribusiness in Otago and Southland, says very few properties provide this level of diversity and privacy across such a large landholding while offering so much potential for the future.
"The property has been held in the same family for generations but the time has come for a new owner to take over and make the most of this unparalleled opportunity," Hodges says.
"While the existing homestead is modest, the interesting range of contours across the land provide ample positions for a new build to take advantage of the northern aspect where there are few limits to how grandiose a development could be.
"The stage is set for someone to do something truly special and unique to Queenstown and New Zealand given the potential development possibilities. On the other hand, there may be a buyer out there that wishes to invest in the property and retain the serenity of the landscapes within and beyond."
Eyles, Rural Sales Advisor at Colliers Queenstown, says the wider Queenstown area remains one of the country s top tourism destinations that draws domestic and international visitors.
"Beyond skiing, visitors to the area can indulge in adrenaline-pumping activities like bungee jumping, skydiving, and jet boating, or unwind with scenic cruises on Lake Wakatipu and tours of nearby vineyards, Eyles says.
"Queenstown also boasts eight spectacular golf courses, including four championship courses and four experience courses and offers an unparalleled golf holiday destination for players of all abilities. And then there are the renowned Great Walks, including the Routeburn, Milford, and Kepler Tracks. All of these activities are readily accessible from Doonholme Estate.
"Purchasing opportunities such as this one are rarely found on the open market and will likely attract significant global interest. We encourage all interested parties to reach out to us to explore their options so they can secure a slice of one of New Zealand s most desirable areas."
- Supplied by Colliers
