147 Chicory Road, Inch Clutha, Clutha, Otago
Queenstown, New Zealand
Guide Price
$347,420
599,000 NZD
PROPERTY TYPE
house
BEDROOMS
5
BATHROOMS
1
Description
Step into history with the iconic Balmoral Homestead, a Category 2 residence dating back to 1863, beautifully positioned on 9.4012 hectares. Offered as a leasehold parcel (21 years, due 30 June 2031 with right of renewal), this is a rare opportunity to secure a rural lifestyle block, minutes from Balclutha. Privately set behind a tree-lined driveway and surrounded by mature gardens, this two-level weatherboard home blends character with comfortable rural living. Downstairs offers open-plan kitchen and living, warmed by a heat pump and multi-fuel burner, along with two bedrooms, bathroom and separate toilet. Upstairs, three further bedrooms provide space for family or guests. The home
features a mix of aluminium and timber joinery, single and double glazing, iron roofing, and carpet and vinyl flooring. Gas hot water, with the two units of water, supplied from the local South Bruce Scheme. Offering five hectares of effective farmland, with farm sheds including covered yards and a single stand, workshop and shed space, with plenty of storage on a concrete pad. This opportunity is nestled amongst the flood-banks on Inch Clutha. Enjoy the beauty of the totara grove near the Clutha River, such a quiet spot to enjoy nature. Come and create your own good life at Balmoral Homestead.
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
Kim Strawbridge - Property Brokers Ltd (Licensed: REAA 2008) - Balclutha
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


