Savills have been exclusively appointed to bring to the market this large multi-faceted Queenstown land holding located at 1 Bowen Street on the corner of Gorge Road.

A terraced site consisting of 13,106m2 with the underlying zoning being split between high density residential and business with the later covering the majority of the offering.

Located some 1.4km from the Queenstown lakefront large land holdings of this scale and proximity rarely come to the market.

Being offered as vacant possession, bar a remaining lease to Vodafone, the site had previously been leased out to 10 other operators all utilising space from the large, tarsealed bus park and purpose build office block.

Primed and ready for development; options also exist to lease out the bus park as is to generate holding income while plans and consenting are completed to untap the true potential of this offering.

With a high concentration of surrounding amenities, prominent Gorge Road frontage and close proximity to Central Queenstown all make this locality attractive to potential commercial, hotel and residential uses.

Whether you want to acquire the site to develop, land bank or lease out this is an opportunity that should not be missed and will rarely be repeated.

1 Bowen Street is being offered to the market by way of deadline private treaty closing 4pm on Thursday the 19th of November 2020.

Contact the sole agents for further details