An "iconic" Queenstown property is on the market for the first time in about 60 years. Harcourts Queenstown is selling 129 Frankton Rd — being marketed as the ''worst house on the best street'' — by auction.
Agent Megan Osborne, who's marketing the home-and-income property with colleague Jaiden Direen, says thepotential for the quintessential yesteryear beauty is huge.
The original owners, Russell and Annie Calvert, built a three-bedroom, one-bathroom home on the site in the early 1960s and, later, added a two-bedroom, one-bathroom unit above the garage.
The couple lived in the upper level, with their daughter, Marion Calvert, and were an almost constant fixture in the Frankton Rd-facing conservatory of the mint-green property, opposite Pounamu Apartments, until they died.
Marion continued to live in the home until her sudden death, a year ago this past Tuesday.
Osborne says the home, which has a capital value of $1,850,000, sits on a 410-square metre site, which includes a small garden and a large garage.
It boasts ''views for days'', particularly from the upper level, across Lake Whakatipu to The Remarkables, Cecil Peak and beyond. The property's position is a major selling point — a veritable sun-trap, with internal heating by way of heat pumps on both levels.