The Property Valuation The Team Campaign Accept Proposal

Appraisal & Marketing Proposal

42 Central Park Avenue

Lake Hayes  ·  Queenstown

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What Our Clients Say

144A Arrowtown-Lake Hayes Road

Sold | January 2026

"As agents ourselves it was hard to trust another agent. Cam's suggestions at the outset on what to do to present our property, along with the photography and marketing, were the best I've seen – that's saying something. Omea's customer service to us throughout was exemplary and all added up to a sold sticker very quickly once the house was presented, photographed and on the market. Well done team, we were impressed and delighted."

Heather Walton

Verified by RateMyAgent

42 Central Park Avenue
Cam Winter

A Personal Introduction

As Founder and Managing Director of Oliver Road, I have written, designed and produced this presentation, which reflects how we operate our specialist agency – hands on, in full control, and able to adapt and adjust the approach as required to produce the best outcome for you as the owner of a unique, high-value property in the Queenstown-Lakes District.

42 Central Park Avenue is one of a small number of properties in the Lake Hayes rural-residential precinct that has been totally transformed from its origins. An investment of some $800,000 has been committed to a comprehensive renovation project, and a new sprayed-concrete pool with associated landscaping has been installed on the northern lawn, creating a property that now presents well above its 1990s origins. I look forward to presenting you with a thorough assessment of its current market position and our recommended approach to the campaign.

Yours exclusively,

Cam Winter

Founder & Managing Director
Oliver Road | Luxury Real Estate

Select Few Properties

Representing a select few properties at the top end of the market, we are committed to delivering a world-class service; one that includes a comprehensive appraisal of value & market conditions, recommended pre-market improvements, commercial-grade photography and videography, broad-reaching exposure across national and international markets, and expert handling of buyer enquiry and negotiation.

42 Central Park Avenue

"In such a small market segment, the value of your luxury property is heavily influenced by prices achieved for others across the basin."

As agents, our responsibility to deliver exceptional outcomes therefore extends beyond our current clients to include all owners of high-value homes in the area.

42 Central Park Avenue

42 Central Park Avenue, Lake Hayes

Situated within the Lake Hayes rural-residential precinct approximately 12 km northeast of Queenstown, 42 Central Park Avenue occupies a 4,000 m² freehold site on a quiet residential avenue. The property is held on Record of Title 1099836 as Lot 2 Deposited Plan 584569 – a title established in February 2024 following a boundary adjustment (RM180759) that set the current landholding at precisely 4,000 m².

Under the Operative District Plan the site is zoned Rural Residential. Under the Proposed Queenstown Lakes District Plan it falls within the Lifestyle Precinct of the Wakatipu Basin Rural Amenity Zone, specifically Land Character Unit 12 – Lake Hayes Rural Residential. The property is connected to QLDC reticulated water and wastewater services, and the neighbourhood is entirely residential in character.

Address42 Central Park Avenue, Lake Hayes, Queenstown 9304
Legal DescriptionLot 2 Deposited Plan 584569
Record of Title1099836 (issued 16 February 2024)
EstateFee Simple (Freehold)
Land Area4,000 m²
Rating Valuation$3,700,000 (September 2024)
Operative ZoneRural Residential (North of Lake Hayes)
Proposed ZoneLifestyle Precinct, Wakatipu Basin Rural Amenity Zone – LCU12 (Lake Hayes Rural Residential)
ServicesQLDC reticulated water and wastewater
$3.7M
Rating Valuation (2024)
4,000 m²
Freehold Land Area
~$800K
Renovation Investment
LCU12
Lake Hayes Rural Residential

A Comprehensively Renovated Residence

The dwelling at 42 Central Park Avenue is a four-bedroom, three-bathroom residence with an approximate floor area of 280 m², established in the 1990s and subject to a comprehensive renovation programme completed in 2024–2025. The renovation, representing an investment of approximately $800,000, has transformed the home through a full replacement of interior finishes – including kitchen, bathrooms, flooring, joinery, and lighting – producing a property that presents as largely turnkey in condition.

A sprayed-concrete pool (10 m × 4 m, depth 1.2 m to 2.0 m) has been installed to the north of the dwelling, with pool fencing compliant with the New Zealand Building Code. Building Consent BC251581 for the pool has been granted. A retrospective resource consent (RM260205) was lodged in March 2026 under Rule 24.4.6 as a restricted discretionary activity, with a non-notified basis recommended.

Floor Area (approx.)280 m²
Bedrooms4
Bathrooms3
Year Built1990s
Renovation InvestmentApproximately $800,000 (2024–2025)
PoolSprayed concrete, 10 m × 4 m (Building Consent BC251581 granted)
WaterQLDC reticulated supply
WastewaterQLDC reticulated scheme

Site & Setting

The dwelling is positioned toward the southern boundary of the site, with driveway and manoeuvring areas to the south and the lawn, established landscaping, and pool extending to the north. This orientation maximises northern sun across both the living areas and outdoor spaces. Specific floor plan details, room configurations, and specification schedules will be confirmed during the pre-market preparation process and shared with prospective purchasers.

Premium Specification Throughout

A detailed specification schedule for the renovation project was not available to assist with our assessment, however key areas of the renovation include kitchen, bathrooms, flooring, joinery, lighting, and external works including the pool and landscaping.

Property History

1990s

Dwelling constructed – The original four-bedroom residence was established on what was then a larger landholding in the Lake Hayes rural-residential area.

2018

Subdivision approved (RM120246) – Resource consent for subdivision was granted. A Consent Notice under s221 of the RMA (11004448.2) was registered on title, referencing planting obligations under RM110656.

February 2024

New title issued – Boundary adjustment RM180759 reduced the lot from 4,393 m² to 4,000 m². Record of Title 1099836 issued as Lot 2 DP 584569. BNZ mortgage registered.

2025–2026

Comprehensive renovation – An investment of approximately $800,000 was committed to a full renovation of the dwelling, encompassing kitchen, bathrooms, flooring, joinery, lighting, and associated works.

2025–2026

Pool installed & consented – Sprayed-concrete pool (10 m × 4 m) constructed to the north of the dwelling. Building Consent BC251581 granted. Retrospective resource consent RM260205 lodged March 2026; non-notified basis recommended.

Lake Hayes, Queenstown

Lake Hayes sits approximately 12 km northeast of Queenstown and 5 km south of Arrowtown, within the Wakatipu Basin. The lake itself is a glacially formed body of water renowned for its reflections of the surrounding hills and its popular walking track, which encircles the lake and draws both residents and visitors alike. The rural-residential precinct surrounding the lake has historically attracted buyers seeking larger landholdings with a village-like character – a contrast to the higher-density suburban areas of Lake Hayes Estate nearby.

42 Central Park Avenue is positioned on a quiet residential avenue within the Lake Hayes LCU12 precinct. All adjoining and surrounding lots are developed for residential use. The property is within easy reach of the Lake Hayes walking track, the Arrowtown village, Lake Hayes Estate amenities, and State Highway 6, while remaining well away from tourist traffic and commercial activity. Queenstown International Airport is approximately 20 minutes by car.

District Plan Zoning

Operative District PlanRural Residential (North of Lake Hayes)
Proposed District Plan (PDP)Lifestyle Precinct, Wakatipu Basin Rural Amenity Zone
Land Character UnitLCU12 – Lake Hayes Rural Residential
OverlayLake Hayes Catchment

Market Context

Average Property Value (Dalefield/Wakatipu Basin, including vacant land)$3,490,000
Recent Sales vs RV10.3% above RV on average
Lake Hayes Value Growth (5 years)+67.9%
Median Days to Sell22 days

What Purchasers Need to Know

The following summarises the key registered interests on the title, planning considerations, and practical matters that prospective purchasers should be aware of. This information has been drawn from the Record of Title, consent documents, and publicly available planning information. Purchasers should undertake their own legal due diligence and are encouraged to seek independent advice on any matter of concern.

Advantages

  • Comprehensively renovated to high specification – largely turnkey in condition
  • Substantial 4,000 m² rural-residential site in a prestigious Lake Hayes location
  • New sprayed-concrete pool with building consent granted (BC251581)
  • Connected to QLDC reticulated water and wastewater services – no bore or septic dependency
  • Entirely residential neighbourhood – established, well-maintained homes on all adjacent lots
  • Rating Valuation of $3,700,000 established before the renovation programme was complete – market value materially exceeds RV
  • Easy access to Lake Hayes walking track, Arrowtown village, and State Highway 6
  • Restrictive height covenant on the property to the south protects the outlook and amenity

Risks & Limitations

  • Retrospective resource consent (RM260205) for the pool is currently under application – non-notified basis recommended, but determination is pending
  • Consent Notice 11004448.2 (s221 RMA, 2018) references planting obligations from subdivision RM110656 – this instrument binds all future owners
  • Lake Hayes Catchment overlay applies – any further development may require specialist stormwater and water quality assessment
  • Multiple utility easements cross the site (water, electricity, telecommunications, drainage, right of way) – purchasers should satisfy themselves as to their practical implications

Registered Title Interests

Consent Notice11004448.2 under s221 RMA (2018) – planting obligations from subdivision RM120246, referencing concept plan RM110656
Easement – WaterGrant of easement for water supply (1981 deed)
Easement – ElectricityTransmission easement in gross (2003)
Easement – Right of Way & Water11004448.3 – right of way and water conveyance (2018)
Easement – Drainage11004448.4 – drainage easement (2018)
Easement – Water/Sewage (QLDC)11004448.5 – in favour of Queenstown Lakes District Council (2018)
Easement – Electricity (Aurora)11004448.6 – in gross in favour of Aurora Energy (2018)
Easement – Telecommunications11004448.7 – in favour of Chorus New Zealand (2018)
Easement – Sewage (appurtenant)12854922.6 – right to convey sewage (February 2024)
Land Covenants11004448.8 (2018), 7773213.8 (2008), 12854922.7 (February 2024), 12922422.1 and 12922422.2 (April 2024)
Encumbrance11004448.9 in favour of Alistair William Hey (2018)
42 Central Park Avenue

Value Assessment & Market Analysis

The Wakatipu Basin rural-residential market has experienced sustained demand over the past five years, with values in Lake Hayes and the broader Dalefield corridor rising materially as buyers seek quality homes on larger landholdings within easy reach of Queenstown and Arrowtown. At 42 Central Park Avenue, a combination of a well-positioned 4,000 m² freehold site, a fully renovated four-bedroom residence, and a new pool positions the property firmly within the mid-range of the Lake Hayes rural-residential market.

The property was last purchased in September 2023 for $3,700,000 – prior to the renovation programme. With an investment of approximately $800,000 committed to the renovation and pool, the total cost basis is approximately $4,500,000. The 2024 Rating Valuation of $3,700,000 was established before the renovation was complete and does not reflect the current condition or amenity of the property.

We have assessed comparable sales evidence from the Arrowtown-Lake Hayes Road corridor and the wider Dalefield/Wakatipu Basin precinct to establish a current market value range for the property.

Sales of Interest

The following recent transactions have been selected from the Arrowtown-Lake Hayes Road corridor and wider Dalefield/Wakatipu Basin precinct as the most relevant comparable evidence. All sales have been independently verified.

237 Arrowtown–Lake Hayes Road
Address237 Arrowtown-Lake Hayes Road, Dalefield/Wakatipu Basin
Sale Price$5,090,000
Sale Date25 June 2024
Floor Area423 m²
Land Area9,666 m² (0.97 ha)
Year Built1990
Rating Valuation$5,040,000

A four-bedroom, three-bathroom residence of similar vintage to the subject, situated on a substantially larger landholding of approximately 0.97 ha. The property sold through private treaty after 55 days on the market at $5,090,000 – a figure essentially in line with its September 2024 Rating Valuation of $5,040,000. While the land area and floor plate are larger, this transaction establishes a useful floor for established rural-residential properties in the Arrowtown-Lake Hayes corridor.

81 Arrowtown–Lake Hayes Road
Address81 Arrowtown-Lake Hayes Road, Dalefield/Wakatipu Basin
Sale Price$4,200,000
Sale Date1 September 2025
Floor Area160 m²
Land Area814 m²
Year Built1960
Rating Valuation$4,180,000

A three-bedroom lakefront cottage positioned directly on the shores of Lake Hayes. At 160 m² and on an 814 m² site, the property is materially smaller than the subject in every physical dimension – however the lakefront position commands a significant locational premium. The sale at $4,200,000 (essentially at RV) reflects the enduring demand for direct lake access and establishes a floor for the immediate Lake Hayes area, irrespective of dwelling size or condition.

273 Arrowtown–Lake Hayes Road
Address273 Arrowtown-Lake Hayes Road, Dalefield/Wakatipu Basin
Sale Price$7,650,000
Sale Date24 April 2025
Floor Area573 m²
Land Area5,536 m²
Year Built1970
Rating Valuation$7,650,000

A four-bedroom, five-bathroom residence on 5,536 m² that traded at its Rating Valuation of $7,650,000, reflecting the depth of buyer appetite for well-positioned rural-residential properties in the corridor. The larger floor area and land holding explain the substantial price premium over the subject. Nevertheless, this transaction demonstrates that buyers will commit at the $7M-plus level for the right property – and sets a ceiling relevant to the upper end of the subject's potential range.

10 Wilding Road
Address10 Wilding Road, Dalefield/Wakatipu Basin
Sale Price$8,850,000
Sale DateFebruary 2025
Floor Area439 m²
Land Area4,067 m²
Year Built2010s
Rating Valuation$7,900,000

A seven-bedroom luxury home on 4,067 m² overlooking Lake Hayes, sold in February 2025 for $8,850,000 – well above its September 2024 Rating Valuation of $7,900,000. The sale demonstrates the depth of buyer demand at the premium end of the Dalefield/Wakatipu Basin market, and that buyers will transact meaningfully above RV for the right property. While the bedroom count and price point are above the subject, this sale confirms the ceiling for the precinct and is relevant when calibrating the upper range of the appraisal.

81 Frogmore Lane
Address81 Frogmore Lane, Dalefield
Sale Price$5,450,000
Sale DateMarch 2026
Floor Area310 m²
Land Area1.02 ha
Year Built2020s
Rating Valuation$4,670,000

A modern Dalefield lifestyle property on 1.02 ha that sold for $5,450,000 in March 2026 – well above its September 2024 Rating Valuation of $4,670,000. The larger land area commands a premium, but the sale confirms strong buyer appetite in the wider Dalefield precinct at the $5M-plus level and provides a useful benchmark for recently built, high-specification rural-residential dwellings.

408 Littles Road
Address408 Littles Road, Dalefield
Sale Price$7,235,000
Sale Date22 May 2025
Floor Area395 m²
Land Area1.5 ha
Year Built2022
Rating Valuation$5,330,000

A four-bedroom, four-bathroom residence built in 2022 on a substantial 1.5 ha Dalefield holding. The sale at $7,235,000 – 36% above its September 2024 RV of $5,330,000 – demonstrates the premium that recent construction and high specification command in this precinct. While the land area and floor plate are substantially larger than the subject, this transaction confirms the strength of the upper Dalefield market.

49 Hunter Road
Address49 Hunter Road, Speargrass Flat
Sale Price$4,420,000
Floor Area110 m²
Bedrooms3
Year Built1975

A three-bedroom lifestyle property in the Speargrass Flat precinct. The modest dwelling size and 1975 build vintage make this a land-value transaction – the property's value lies primarily in the location and the rural-residential holding rather than the improvements. A relevant reference point for the land component of similar Wakatipu Basin rural-residential properties.

27 Mooney Road
Address27 Mooney Road, Speargrass Flat
Sale PricePrice not yet disclosed
Floor Area457 m²
Land Area3.57 ha
Year Built2014
Rating Valuation$8,190,000

A premium six-bedroom residence on a substantial 3.57 ha holding in Speargrass Flat, recently sold at a price not yet publicly disclosed. With a September 2024 Rating Valuation of $8,190,000, this property represents the upper tier of the Wakatipu Basin rural-residential market. The 457 m² dwelling and generous land area place it well above the subject in scale, but the transaction confirms ongoing buyer activity at the top of the market.

92 Threepwood Road
Address92 Threepwood Road, Lake Hayes
Sale Price$6,265,000
Sale Date18 September 2025
Floor Area283 m²
Land Area2,002 m²
Year Built2018
Rating Valuation$5,340,000

A five-bedroom, four-bathroom residence built in 2018 on 2,002 m² in the Lake Hayes precinct. The sale at $6,265,000 – 17% above its September 2024 RV of $5,340,000 – is a strong result for a modern, well-specified dwelling on a smaller site. The floor area and bedroom count are comparable to the subject post-renovation, making this one of the more directly relevant transactions for calibrating the upper range of the appraisal.

8 Marshall Avenue
Address8 Marshall Avenue, Lake Hayes
Sale Price$6,300,000
Sale Date13 December 2025
Floor Area270 m²
Land Area2,851 m²
Year Built2015
Rating Valuation$5,125,000

A three-bedroom, two-bathroom lakeside home on 2,851 m² that sold for $6,300,000 in December 2025 – 23% above its RV of $5,125,000 – after just seven days on the market. The rapid sale at a significant premium to RV demonstrates the intensity of buyer demand for quality Lake Hayes properties. While the dwelling is smaller than the subject, the lakeside position commands a locational premium that supports values well above the appraisal range.

12 Alfred Duncan Drive
Address12 Alfred Duncan Drive, Lake Hayes
Sale Price$5,200,000
Bedrooms3
Bathrooms2
Floor Area233 m²
Land Area7,495 m²
RV (2024)$4,860,000

A three-bedroom, two-bathroom residence (233 m²) on a generous 7,495 m² site in Lake Hayes. Sold for $5,200,000 in November 2025 at a 7% premium to its RV of $4,860,000. The substantial land area – almost twice the size of the subject site – represents a significant land-value component, yet the sale price provides solid support for the subject's appraisal range.

103 Arrowtown–Lake Hayes Road
Address103 Arrowtown-Lake Hayes Road, Lake Hayes
Sale Price$4,450,000
Sale Date10 April 2025
Floor Area255 m²
Land Area812 m²
Bedrooms5
Rating Valuation$4,860,000

A five-bedroom, three-bathroom lakefront residence on 812 m² with panoramic views across Lake Hayes towards Coronet Peak. The sale at $4,450,000 – below its RV of $4,860,000 – reflects the compact 812 m² site, though the direct lake frontage commands a significant position premium. While the land area is materially smaller than the subject, this transaction confirms active buyer demand at the mid-$4M level for the right Lake Hayes position and amenity.

540 Speargrass Flat Road
Address540 Speargrass Flat Road, Lake Hayes
Sale Price$5,125,000
Sale Date21 September 2025
Floor Area261 m²
Land Area4,068 m²
Year Built2016
Rating Valuation$4,400,000

A four-bedroom, two-bathroom residence on 4,068 m² – a virtually identical land area to the subject. Built in 2016, the property sold for $5,125,000 in September 2025 at a 16% premium to its RV of $4,400,000. This is one of the most directly comparable sales in terms of land area and dwelling scale, and provides strong support for the subject's appraisal range given the subject's recent comprehensive renovation and pool addition.

37 Central Park Avenue
Address37 Central Park Avenue, Lake Hayes
Sale Price$6,640,000
Sale Date14 January 2026
Bedrooms5
Floor Area200 m²
Land Area6,467 m²
Rating Valuation$7,250,000

On the same street as 42 Central Park Avenue – the single most relevant comparable sale. Sold by Oliver Road for $6,640,000 in January 2026 (401 days on market, listed at $6,950,000). Five bedrooms on a larger 6,467 m² site. Sold at an 8.4% discount to RV of $7,250,000.

17 Wilding Road
Address17 Wilding Road, Lake Hayes
Sale Price$7,200,000
Sale Date11 October 2025
Bedrooms4
Floor Area275 m²
Land Area4,018 m²
Rating Valuation$5,800,000

A four-bedroom lifestyle property on 4,018 m² in the tightly held Wilding Road enclave, Lake Hayes. Sold for $7,200,000 in October 2025 (listed at $7,500,000). The land area is virtually identical to 42 Central Park Avenue's 4,000 m², making this a strong per-square-metre benchmark at the upper end of the range.

66 Sicilian Lane
Address66 Sicilian Lane, Lake Hayes
Sale Price$7,920,000
Sale Date19 September 2025
Bedrooms6
Floor Area517 m²
Land Area4,094 m²
Rating Valuation$8,750,000

Sold by Oliver Road for $7,920,000 in September 2025 (listed at $8,350,000). Six bedrooms across 517 m² on a 4,094 m² site – virtually the same land area as 42 Central Park Avenue. The significantly larger dwelling and higher specification place this at the premium end of the Lake Hayes market.

7 Bendemeer Lane
Address7 Bendemeer Lane, Lake Hayes
Sale Price$6,050,000
Sale Date28 October 2025
Bedrooms4
Floor Area271 m²
Land Area3.01 ha
Rating Valuation$4,670,000

A four-bedroom lifestyle property within the gated Bendemeer community on 3.01 hectares. Sold for $6,050,000 in October 2025 at a 30% premium to its RV of $4,670,000. The substantial land holding and gated setting command a premium, though the dwelling floor area (271 m²) is comparable to 42 Central Park Avenue.

714 Lake Hayes–Arrow Junction Hwy
Address714 Lake Hayes-Arrow Junction Highway, Lake Hayes
Sale Price$4,150,000
Sale Date3 November 2025
Bedrooms5
Floor Area390 m²
Land Area4,000 m²
Rating Valuation$4,950,000

Five bedrooms across 390 m² on exactly 4,000 m² – the same land area as 42 Central Park Avenue. Sold for $4,150,000 in November 2025 at a 16% discount to its RV of $4,950,000. The lower price per square metre relative to the subject reflects the highway-facing position and older dwelling condition.

31 Rutherford Road
Address31 Rutherford Road, Lake Hayes
Sale Price$4,100,000
Sale Date13 June 2025
Bedrooms4
Floor Area234 m²
Land Area4,174 m²
Rating Valuation$3,650,000

A four-bedroom lifestyle property on 4,174 m² in Lake Hayes. Sold for $4,100,000 in June 2025 (listed at $4,500,000). The land area closely matches 42 Central Park Avenue. At $4,100,000, this sale provides a conservative floor for the subject's valuation range given the subject's superior renovation and pool amenity.

Currently on the Market

144A Arrowtown-Lake Hayes Road – the most directly comparable property in the precinct, on an almost identical 4,003 m² site – sold in January 2026, confirming active buyer demand in this segment. The property below represents the primary current on-market alternative in the wider Dalefield/Wakatipu Basin area.

77 Frogmore Lane
Address77 Frogmore Lane, Dalefield/Wakatipu Basin
Indicating$5,550,000
Bedrooms4
Bathrooms2
Land Area7,859 m²
Rating ValuationNot disclosed

A four-bedroom lifestyle property on a substantial 7,859 m² holding in the Dalefield/Wakatipu Basin, currently listed at $5,550,000. The larger land area represents a meaningful physical premium over the subject, yet the asking price sits below the subject's mid-range appraisal – which speaks to the value represented by 42 Central Park Avenue's renovated dwelling, pool, and overall presentation. Buyers at this price point will be evaluating both properties.

11 Arrowtown–Lake Hayes Road
Address11 Arrowtown-Lake Hayes Road, Lake Hayes
Indicating$5,500,000
Bedrooms3
Bathrooms3
Floor Area265 m²
Land Area3,064 m²
Rating Valuation$6,750,000

A lakefront residence directly opposite Amisfield Winery & Restaurant, built c. 1990 in schist with a traditional shingle roof. Three bedrooms, three bathrooms, underfloor heating, and uninterrupted lake and mountain views from a 3,064 m² site. The high RV of $6,750,000 reflects the premium lakefront position – a useful reference for buyers evaluating 42 Central Park Avenue's lake-proximity advantages.

455 Littles Road
Address455 Littles Road, Dalefield
PriceDeadline Sale
Bedrooms3 + studio
Bathrooms3
Floor Area301 m²
Land Area9,303 m²

A two-acre parkland setting in Dalefield with mature trees, rose garden, orchards, and greenhouse. Three extra-large bedrooms plus a studio with mezzanine, conservatory dining, vaulted ceilings with Fisher wood burner, and views of The Remarkables. Deadline sale closing 26 March 2026. The larger land holding and established grounds position this as a lifestyle-oriented alternative to 42 Central Park Avenue.

572A Speargrass Flat Road
Address572A Speargrass Flat Road, Lake Hayes
Indicating$5,500,000
Bedrooms4
Bathrooms4 (all ensuite)
Floor Area229 m²
Land Area1.46 ha

An expansive four-bedroom residence set within established, park-like grounds on 1.46 hectares along Speargrass Flat Road. Each bedroom has its own ensuite, with a split-level layout offering multiple living and entertaining areas. Mature trees, curated gardens, and ponds create a private setting moments from Lake Hayes and Arrowtown. Built c. 1995 with a standalone double garage and flexible additional room.

Indicative Value Range

On balance, and considering the renovation investment, pool installation, land area, location, and comparable evidence, we assess the current market value of 42 Central Park Avenue to be in the range of $4,800,000 to $5,500,000. A well-positioned and well-marketed campaign, targeted at the right buyer profile, should produce a result in the upper portion of this range. The property's total cost basis of approximately $4,500,000 provides a sound floor, while the quality of the renovation and the amenity of the pool provide meaningful upside.

Indicative Range
Lower estimate (conservative)$4,800,000
Mid-range estimate$5,150,000
Upper estimate (with strong campaign)$5,500,000

This is an indicative assessment only and is not a formal registered valuation. Market conditions may change. A registered valuation should be obtained for any financing or investment decision.

42 Central Park Avenue

The Team

Cam Winter

Cam Winter

Founder & Managing Director

With a wealth of experience and an entrepreneurial spirit, Oliver Road's Founder Cam Winter has established a reputation as one of New Zealand's leading real estate agents. Over nearly fifteen years, he has sold more than 500 homes and been instrumental in transforming the luxury real estate industry - setting a new benchmark in client service and developing specialist marketing strategies for the segment.

Cam's work has not gone unnoticed. Twice named Asia Pacific's Best Real Estate Agent at the International Property Awards (2021/22 and 2025/26), Cam has also twice represented the region as Asia Pacific's nominee for Best Real Estate Agent in the World.

Omea Swanson

Omea Swanson

Sales Partner

Growing up just down the road in Winton and having spent countless family holidays in Arrowtown, Omea has always considered Queenstown her second home. With a genuine approach and a talent for building strong relationships, she has quickly made her mark in the real estate industry, earning a reputation for delivering outstanding results.

A naturally creative individual, Omea's background includes a Bachelor of Arts and a career as a professional contemporary dancer. Passionate about community involvement, she also serves as the Secretary for Queenstown Young Professionals.

Jason Eves

Jason Eves

Sales Director | NZ

Jason's depth and breadth of experience in negotiating the sale of high-value assets - including luxury homes, islands, super yachts, aircraft and rare automobiles - is unlikely to be matched by another agent in New Zealand. Throughout his distinct international careers and the experiences each have afforded him, he has developed a phenomenal work ethic and delivers nothing short of exceptional service to our clients at Oliver Road.

Danielle Adnitt

Danielle Adnitt

Operations Director | NZ

Danielle holds a key role in overseeing and maintaining operational excellence through people and process management. Leveraging a wide knowledge base from a diverse background of industries and exposure, Danielle brings immense value to Oliver Road and its clients. Her leadership and management qualities, drive for success, and expertise in understanding people and business contribute significantly to our continued growth and success.

Lake Hayes – Arrowtown-Lake Hayes Road

Sold | June 2024

"From the first moment we met Cam he had a calm and quiet manner which allowed us to express our wishes for a house sale whilst also challenging us as well. The marketing and photography was outstanding and ongoing communication was on point. We never wavered in our confidence in his ability to seal the sale and the house sold within a month which was outstanding. Truly professional and we would highly recommend his strategy to any prospective seller."

F Boyle & M Stoneman

Verified by RateMyAgent

Aerial view of Queenstown Lakes

International Property Awards

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2025-26Best Real Estate Agent, International - Asia Pacific Nominee (Cam Winter)
2025-26Best Real Estate Agent, NZ (Cam Winter)
2025-26Best Real Estate Agency Website, NZ
2024-25Best Real Estate Agency Marketing, International - Asia Pacific Nominee
2024-25Best Real Estate Agency Website, NZ
2023-24Best Real Estate Agency Marketing, NZ
2023-24Best Real Estate Agency Website, NZ
2021-22Best Real Estate Agency Marketing, NZ
2021-22Best Real Estate Agent, International - Asia Pacific Nominee (Cam Winter)

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Oliver Road is proud to hold "Trusted Adviser" status, meaning that a review has been requested from every client we have ever worked for, resulting in more than 99% of clients rating their experience as 5-stars.

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Marketing Campaign

Marketing strategy

Pre-Market Preparation

Before launching to the market, we will work with you to ensure the property is presented at its absolute best. This includes professional photography (hero exterior shots, all interior rooms, pool and landscaping, aerial), a custom video walkthrough, and production of both the digital proposal and a printed version for distribution to qualified buyers. We will also confirm the renovation specification documentation and ensure the consent position for the pool is clearly communicated to prospective purchasers.

  • Professional photography and videography
  • Premium property brochure design and production
  • Custom single-property website
  • Detailed specification document for buyer due diligence
Marketing execution

Campaign Execution

The target buyer for 42 Central Park Avenue is a family or couple seeking a genuinely move-in-ready home in the Lake Hayes rural-residential precinct – buyers who value quality of finish, outdoor amenity, and a generous site without the management overhead of a large estate. Our campaign will be structured to reach this profile through Oliver Road's existing buyer network, targeted digital marketing across national and international platforms, and placement through our international affiliate programme. We will also leverage our relationships with buyers who have recently missed out on comparable properties in the corridor.

  • National and international portal listings (Premium+)
  • Targeted digital advertising across Google, Meta, and luxury networks
  • Direct outreach to our qualified buyer database
  • Print advertising in premium lifestyle publications
  • International exposure via Luxury Portfolio International

3-Month Campaign Plan

Channel Description Wk 1Wk 2Wk 3Wk 4 Wk 5Wk 6Wk 7Wk 8 Wk 9Wk 10Wk 11Wk 12
Trade Me Best Position in Search
Trade Me Property Homepage
Target Buyers Searching Nearby
Top Search on homes.co.nz
Homepage Feature on homes.co.nz
Rotates to Top of Search
RealEstate.co.nz Premium Feature
Showcase Carousel
Rotates to Top of Search
OneRoof Feature (life of listing)
Super Feature (4 weeks)
NZ Herald & OneRoof Homepage (2 wks)
Weekly Refresh (4 weeks)
Meta (Paid) Launch Video Awareness Ad
Traffic Link Ad (Retargeting)
LinkedIn Launch Video Ad (Lookalikes)
Carousel Ad Retargeting
Google Keyword Targeting (Local Search)
Oliver Road Website Page Listing
Email to Database
Print & PR Premium Photo Signboard
High Quality A4 Booklets
Mountain Scene Adverts → ongoing
Feature in Kia Ora Magazine
NZME Property Press Adverts → ongoing

Campaign Detail | Contribution

Onboarding & Discovery

AML/CFT Compliance$200.00
Guaranteed Titles & Instruments$138.90
Current LIM, Council File & Other$259.13

Media Production

Professional Photography & Editing$2,499.00

Marketing Collateral

Premium 24 Page Property Brochures$458.67
Extra-Large Premium Photo Signboard$382.01

Campaign - Print Publications

NZME Property Press (Launch & Ongoing)$1,250.00
Mountain Scene (Launch & Ongoing)$750.00

Campaign - Websites

TradeMe Platinum Package$1,749.00
TradeMe Audience Extension$260.00
RealEstate Platinum Package$813.27
OneRoof Super Boost Package$550.00
NBR Marketplace$19.00
JamesEdition$8.70
ListGlobally Luxury & Elite$275.00
HouGarden Ultimate Package$433.19

Campaign - Digital & Social

Meta - Launch Campaign + Retargeting$150.00
LinkedIn - Launch Campaign + Retargeting$100.00
Google - Launch Campaign + Retargeting$100.00
Pinterest - Launch Campaign + Retargeting$100.00
Digital Add-ons & Extras$250.00
Total Contribution (+ GST)$10,745.87

Agreement & Fees

Agency Agreement

Our unique agreement is more fairly balanced between the two parties than the industry's standard template.

TypeSole/exclusive
TermOpen-ended (not a fixed 90 day period)
TerminationClient is free to terminate anytime

Agreed Contributions

All expenses are passed on at cost and/or are subsidised by us - we derive no profit in the process of listing and marketing your property.

Onboarding & DiscoveryAt cost
Media ProductionAt cost
Marketing CollateralAt cost
Real Estate Portals & WebsitesAt cost
Digital & Social Targeting/RetargetingAt cost
Print Publications & OtherAt cost
Total Contribution (+ GST)$10,745.87

Commission

We charge all clients on all properties the same fee - payable only on completion of a successful sale at the time of the deposit being released to you.

Commission rate2.5% + GST on the sale price

To Be Discussed

The recommended method of sale will be discussed in a conversation with the seller. We look forward to discussing this in detail.

To Be Discussed

The proposed campaign timeline will be discussed in a conversation with the seller. We look forward to discussing this in detail.

We’d Love to Work Together

Contact us to continue the conversation or to proceed with onboarding and planning your campaign.

Cam Winter

Cam Winter

Founder & Managing Director

Founder of Oliver Road, Cam is one of New Zealand’s leading agents. Over 15 years he has sold more than 500 homes, reshaping the luxury segment with his specialist approach. Twice named Asia Pacific’s Best Real Estate Agent.

Omea Swanson

Omea Swanson

Sales Partner

Raised in Winton with countless Arrowtown holidays, even before settling here permanently, Queenstown was always Omea’s second home. A luxury specialist with sharp business acumen and relentless energy.

Institute for Luxury Home Marketing International Property Awards Luxury Lifestyle Awards CLHMS Membership RateMyAgent