Cotter Avenue is one of Arrowtown’s coveted addresses. The standard of housing and the expansive views are a couple of reasons why folks like to live along the Cotter Avenue ridge.60-62 Cotter Avenue occupies a prominent and elevated corner position on the ridge. This provides a great sunny aspect and expansive rural and mountain views. It is the largest site in the area.60-62 Cotter Avenue will appeal to those searching for a property with a great price tag and great potential.Currently sited on the property is a main building configured into one five bedroom flat and one two bedroom flat plus a detached two bedroom apartment and three car garaging.Purchase and landbank this versatile property while continuing to utilise it as a substantial Arrowtown residential rental investment property, or reside in one of the three flats and rent the others.Alternatively, you may prefer to demolish all buildings to develop several quality stand-alone villas, or retain the apartment and demolish the main building to build your forever home, or subdivide the site and sell one property.60-62 Cotter Avenue is offered to the market at an asking price point of ‘Offers over $4.25M will be considered’.Such an offering is rarely presented, so to avoid disappointment, please contact Mel or Dave today.