{"id":172306,"date":"2025-12-07T17:00:11","date_gmt":"2025-12-07T17:00:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/172306\/"},"modified":"2025-12-07T17:00:11","modified_gmt":"2025-12-07T17:00:11","slug":"gibbston-cottage-expected-to-fetch-3-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/172306\/","title":{"rendered":"Gibbston cottage expected to fetch $3 million"},"content":{"rendered":"<p>A lifestyle property for sale in Queenstown\u2019s Gibbston valley combines historic charm with contemporary comfort.<\/p>\n<p>Ryecroft Cottage, at the western end of Gibbston, near Gibbston Valley Wines, was built in the 1870s for an Irish immigrant family who had a gold mining claim under the close-by Kawarau Bridge.<\/p>\n<p>A lean-to, adding a farmhouse-style kitchen, was put on in 1910.<\/p>\n<p>In the early 2000s, the then owners added two bedroom wings and planted fruit and nut trees on the 4646 square metre property.<\/p>\n<p>These days there\u2019s also a triple-sized garage, an attached studio which can act as a fifth bedroom and a shed.<\/p>\n<p>In the short time it\u2019s been on the market, it\u2019s garnered a fair amount of interest including from expats and east coast Australians, local New Zealand Sotheby\u2019s International Realty senior sales associate David Penrose says.<\/p>\n<p>&#8220;I think it\u2019s just because of its uniqueness.<\/p>\n<p>&#8220;In today\u2019s market people look for a property that offers that point of difference, and that\u2019s really what 1800 [Gibbston Highway] offers.<\/p>\n<p>&#8220;It\u2019s got great indoor-outdoor flow, it\u2019s got a beautiful selection of fruit trees and it\u2019s immaculately presented.&#8221;<\/p>\n<p>Being within walking distance of a coffee and a restaurant also helps, he says.<\/p>\n<p>&#8220;It\u2019s a lifestyle property that\u2019s closely connected to Queenstown and Arrowtown.&#8221;<\/p>\n<p>Penrose says interest that\u2019s been generated suggests a sales price in the early $3 million price range.<\/p>\n<p>Rose Cross, who\u2019s owned the property along with her husband Geoff McDonald for eight years, says &#8220;I love the fact that when people come to visit they love it as much as we do&#8221;.<\/p>\n<p>&#8220;We love the cottage, we love the history of it and it\u2019s a reasonably low-maintenance property.<\/p>\n<p>&#8220;It\u2019s got nice modern wings, all the amenities and a nice kitchen and bathrooms.<\/p>\n<p>&#8220;You sit in that cottage and you\u2019ve got the wood burning stove and the open fireplace and it\u2019s wonderful.<\/p>\n<p>&#8220;I hope we can find somebody who will just appreciate the set-up.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"A lifestyle property for sale in Queenstown\u2019s Gibbston valley combines historic charm with contemporary comfort. Ryecroft Cottage, at&hellip;\n","protected":false},"author":2,"featured_media":172307,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-172306","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/172306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=172306"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/172306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/172307"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=172306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=172306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=172306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}