Back to Queenstown, New Zealand

147 Chicory Road, Inch Clutha, Clutha, Otago

Queenstown, New Zealand

Guide Price

$347,420

599,000 NZD

PROPERTY TYPE

house

BEDROOMS

5

BATHROOMS

1

147 Chicory Road, Inch Clutha, Clutha, Otago - Photo 2
147 Chicory Road, Inch Clutha, Clutha, Otago - Photo 3
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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

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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

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.

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