Park Street

Queenstown | Otago

The Spirit of

Urban Elegance

View Photos Watch Film 360° VTour Open House

Dee Molnar

Presented At

$10,800,000

Bedrooms

Bathrooms

Living

5,603

SQFT

Fireplace

Office

Washer Dryer

Fitness Center / Gym

Bar

Laundry Room

Wine Cellar

Garage

Terrace

Outdoor Living Space

Garden

Vineyard / Winery

Pool

Water View

Lakefront

Waterfront

Mountain View

Equestrian

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 1

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 2

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 3

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 4

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 5

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 6

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 7

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 8

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 9

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 10

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 11

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 12

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 13

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 14

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 15

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 16

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 17

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 18

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 19

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 20

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 21

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 22

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 23

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. - Photo 24

134

Park Street

Queenstown | Otago

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand. , Queenstown , Otago

Award Winning Masterpiece

This beautiful modern residence is sensational in design, location and views with an exclusive position along the quieter end of Queenstown’s coveted Park Street and adjacent to the leafy Jubilee Park.
This 520.5 sq m home embraces stunning lake and mountain views with a tri-level floorplan revealing high end finishes, fabulous living spaces and impressive accommodation. It was deservingly awarded the Home Magazine Multi-Unit Home of the Year 2023.
The characterful walls of the town’s original butcher shop were preserved and nowadays house an iconic art gallery known as The Ivy Box. You will likely have your own vision for this unique space, it could also be a terrific wine cellar, gym, office or home occupation. Adjacent to the gallery is the garage which has internal access to the architectural masterpiece above. Above the gallery is a spacious living area with access to the large front deck, this will be a massive hit for your family and friends who will delight in the alpine scenery and being able to monitor activity on the lake.
There are five bedrooms and five bathrooms configured as a three-bedroom, three-bathroom primary residence and a two-bedroom, two-bathroom guest house. With two stunning kitchens and multiple living spaces, there is considerable flexibility to how you choose to use this versatile abode.
Of course, there is premium glazing and heating throughout.
To the rear is the sun-drenched outdoor area perfect for year-round entertaining and relaxation. The grounds are beautifully landscaped, and the Central Otago stone terraces are magnificent.
This idyllic location is just a short lakeside walk into town via the verdant Queenstown Gardens. This fine property will be superb for discerning families & holiday home buyers. Truly, a once-in-a-lifetime opportunity.
Our Vendor has bought elsewhere. Inspections are by private appointment.

Property

Gallery

3D Street View Tour

Property Location

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand., Queenstown Otago

Local Weather & Climate

Queenstown, Otago

Current Conditions Updated recently

51 °F

Light rain

Feels Like 51°F

Humidity 97%

Wind 6 mph

Visibility 4.4 mi

Sunrise 6:44 PM

Sunset 7:02 AM

5-Day Forecast

Tue 17 Mar

Rain

High 54°

Low 52°

Wed 18 Mar

Clear

High 67°

Low 44°

Thu 19 Mar

Clouds

High 69°

Low 46°

Fri 20 Mar

Clear

High 64°

Low 45°

Sat 21 Mar

Clouds

High 67°

Low 46°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Queenstown?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

NZ$

Down Payment

NZ$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for New Zealand. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on New Zealand tax year 2025 (fiscal year: April-March), rules effective from 2021. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$10,800,000

134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand.

Queenstown, Otago

5 Beds

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Market Opinion

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Our perspective on current market conditions in Queenstown. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $10,800,000 20% down ($2,160,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$928/day

Your home may appreciate while you sleep

$6,514/week $28,228/mo $338,735/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$5.9M

+$8.4M

$8.4M Potential Equity

vs $5.9M lost to rent over 10 years

$2.2M Down Payment Growth

3.9x

10yr

$8.4M

8.1x

20yr

$17.5M

12.6x

30yr

$27.3M

Wealth Comparison

×65

Equivalent to 65 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $27.3M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $12.7M +18%

Market $14.7M +36%

Optimistic $17.0M +57%

$8.4M est. equity

20 Years

Conservative $15.0M +39%

Market $20.0M +85%

Optimistic $26.7M +147%

$17.5M est. equity

30 Years

Conservative $17.6M +63%

Market $27.3M +153%

Optimistic $41.9M +288%

$27.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand have?

This apartment at 134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand features 5 bedrooms with 5,603 square feet of living space.

What is the size of 134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand?

This property offers 5,603 square feet of living space.

What is the listing price for 134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand?

This property is listed at $1,080,000,000, which equals $192754 per square foot.

Is now a good time to buy a home in Queenstown?

Based on current market indicators, Queenstown shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 134 Park Street, Queenstown, OTA 9300, Queenstown, Otago, New Zealand?

This is a apartment located in Queenstown, Otago. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: