Key Takeaways
- Geoff McDonald and his wife Rose are selling their historic cottage in Gibbston, Queenstown, after purchasing it in 2017 for under $2 million.
- The property, listed for around $3 million, has attracted interest from local and international buyers due to its unique blend of historic charm and modern amenities.
- The cottage, built in the 1870s, has been stylishly renovated and sits on a 4646sqm site with many fruit trees, next door to Gibbston Valley Winery.
- The McDonalds are downsizing to spend more time traveling and enjoy the freedom to explore new destinations.
Introduction to the Property
Geoff McDonald, the international tourism chief, and his wife Rose have listed their beautifully renovated historic cottage in Queenstown Lakes for sale. The couple purchased the 1870s gold miner’s cottage in 2017 for just under $2 million, when McDonald was appointed chief executive of Skyline. The property, now listed for around $3 million, has garnered significant interest from both local and international buyers.
The Property’s History and Features
The original cottage has been updated with paint and skylights, and the previous owners added two new wings of glass and corrugated iron around the original cottage to house two large bedrooms, an updated kitchen, laundry, and bathrooms. The property also features sheltered garden courtyards and porches. The cottage is situated on a lush 4646sqm section close to Arrowtown, with many fruit trees and a hot tub and garden shed added by the McDonalds.
The Neighborhood and Lifestyle
The cottage is next door to Gibbston Valley Winery, and the neighborhood offers a unique blend of rural charm and modern amenities. The Gibbston bike trail is just across the road, and the town of Arrowtown is nearby, offering easy access to dinner, pubs, and movies. The McDonalds have enjoyed their time in the cottage, taking advantage of the nearby wineries, bike trails, and ski fields.
The Decision to Sell
Rose McDonald explained that the decision to sell was not taken lightly, but the couple has reached a stage in their lives where they want to spend more time traveling and exploring new destinations. The cottage, while beautiful and historic, requires a significant amount of maintenance and upkeep, which the couple feels is no longer suitable for their lifestyle.
The Sale and Marketing of the Property
New Zealand Sotheby’s International Realty agent David Penrose is handling the sale of the property, which has a price indication of around $3 million. Penrose has reported tremendous interest in the cottage from both local and international buyers, who are drawn to its unique blend of historic charm and modern amenities. The property’s location, next to Gibbston Valley Winery and close to Arrowtown, is also a major selling point.
Conclusion
The sale of the McDonald’s historic cottage in Gibbston is a unique opportunity for buyers to own a piece of Queenstown’s history. With its stylish renovation, beautiful surroundings, and proximity to modern amenities, the property is sure to attract a wide range of interest. As the McDonalds move on to new adventures, their beloved cottage is ready for its next chapter, and its new owners will be sure to appreciate its charm and character.