60 Derwent Street, Oamaru, Waitaki, Otago
Queenstown, New Zealand
Guide Price
$451,820
779,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
2
Description
Constructed in 2024 and presented today in near new condition – this 3 bed, 2 bath, 167m2, lock and leave home is an absolute stunner. Intentionally designed to maximise sun and space, the result is a dream to live in, no matter the age or demographic. Designer kitchen with quality appliances merges seamlessly with a huge open plan dining and living area, bathed in light and sun, that leads through dual sets of stacker doors, out onto a sheltered and sun-soaked timber deck, ideal for entertaining or relaxing any time of the day. Low maintenance exterior boasting a mix of cedar, titan board and colour steel, is sure to impress, while the interior is all
about ease of living and energy efficiency, thanks to the double glazing, cosy insulation, LED lighting, heat pump and log fire. The beautiful main bathroom offers both bath and full-size shower, while the ensuite is equally stylish and well appointed. Storage is integrated and generous in the roomy double garage (which incorporates the laundry) and provides safe and convenient internal access into the home. The grounds are well established, easy care and thoughtfully created to give privacy and appeal. Bonus under-house storage for tools and treasure will be appreciated as will the prime
location in a sought-after area of town. This really is an awesome property with a chic city feel and appearance that promises a turn-key solution to an astute buyer looking to purchase today and shift in tomorrow. For Sale by Deadline closing 4pm, Wednesday 6th May 2026 (unless sold prior) Buyer Enquiry Over $779,000
Location
Open in Google MapsLiving 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→New Zealand at a glance
How New Zealand scores for American expats
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
Lyndon McLay - The Good Guys (Empowered by The Network) Licensed REAA 2008
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
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.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD