In a time when Queenstown is under extreme pressure for both residential properties and visitor accommodation, a development site offering the flexibility to deliver both is a compelling proposition. Especially when it is an absolute lakefront site, already has dual access from Frankton Road, already has a historic resource consent for 20 units and two lakefront dwellings and has been approved for 365 day visitor accommodation.
Consisting of two separate titles, the total land parcel is 2,599m2 and zoned High Density Residential in both the operative and proposed District Plan. Historic resource Consent (granted 2016) was in accordance with the operative District Plan, but higher and better use can be achieved both within the operative and proposed plans with the view to building to 10m where permitted and a higher density development.
The topography of the site, coupled with existing dual access right of way from Frankton Road offer a major advantage over many other Frankton Road positions with multiple development options available.
- 2,599m2 of land on two freehold titles
- Terraced lake frontage 84m
- Cursory title search shows no additional easements or encumbrances
- Zoned 'High Density Residential'
- Bordered by Villa Del Lago to West and a residential property to the East.
- 1.5km from central Queenstown
- Typical services (water, sewerage, power telephone) connected
- Panoramic lake and mountain views
- Price on Application
Full Information Memorandum, Planners Report and LIM available on request - email graeme@investqueenstown.com for details.
