Back to Queenstown, New Zealand

39 Waitaki Drive, Otematata, Waitaki, Otago

Queenstown, New Zealand

Guide Price

$362,500

625,000 NZD

PROPERTY TYPE

house

BEDROOMS

3

BATHROOMS

1

39 Waitaki Drive, Otematata, Waitaki, Otago - Photo 2
39 Waitaki Drive, Otematata, Waitaki, Otago - Photo 3
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Description

This original 1980's spacious family home, is ready for a family to make their home, or for family and friends it's their next crib. Rural views can be enjoyed from different areas of the home, upstairs and down. The geneorus open plan area including an island bar, creates a welcoming atmosphere, perfect for entertaining guests or enjoying family time. Or if you more an alfresco or bbq family, then the sheltered deck offers an outdoor option. The freestanding logburner ensures the home is cosy during winter and also has the plus of being on wetback.

Features in the family bathroom include a chubb shower, vanity and the toilet is separate. Upstairs is the master with built in wardrobe, a second double bedroom and one single. The garage has internal access and is home to the laundry, which is ideal when you come back from a day's boating or hanging out at the lakes. Thought has also been put into the single garage having a high ceiling and tall door for the boat or possibly the caravan. If you have extended friends and families stay, the garage could become a temporary sleeping area. Not only is there off street parking but also great access to the back of the section to park the boats, caravans, tents. This property is just a short distance from local amenities, recreational activities and the lakes. Whether you're looking for a permanent residence or a holiday getaway, this home is a must-see. Contact Leona today for more information or to arrange a viewing.

Location

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Living in Queenstown

New Zealand's adventure capital set against dramatic Southern Alps scenery, popular with outdoorsy types who want skiing, hiking, and bungee jumping on their doorstep. It's a small town (about 50,000) that runs on tourism, meaning seasonal work is common and housing costs are inflated well beyond what the town's size would suggest. A stunning place to live if you can afford it and don't mind the isolation.

Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.

Visa

Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.

Learn more: The Complete Guide to Moving to New Zealand

Key Fact

NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.

Learn more: What You Need to Know Before Moving Abroad
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

Cost of buying in New Zealand

Estimated fees and ongoing costs for this property

Closing Costs

3-5% of purchase price

  • ·No stamp duty
  • ·Legal/conveyancing: NZ$1,500-3,000
  • ·Building inspection: NZ$500-800
  • ·LIM report: NZ$300-400

Annual Costs

Property Tax

0.3-1.5% of government valuation (varies by council)

Insurance

NZ$1,500-3,000/yr

HOA / Condo Fees

NZ$300-600/mo for apartments (body corporate)

Good to Know

Agent Fees

Seller pays (2.5-4%)

Foreign Buyer Note

Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.

Legal help in New Zealand

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in New Zealand?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

Leona Stretch - New Heights Real Estate 2022 Ltd (Licensed: REAA 2008) - Professionals North Otago

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD