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Trophy Development Site

Queenstown, 633 Frankton Road

$17,500,000 Plus GST (if any)

Listing Number: QT5717
About this listing
Situated between the airport and Queenstown CBD is this stunning high density residential zoned waterfront development site with a land area of 1.0153 HA. The opportunity is here now to secure this sensational trophy site with unobstructed views overlooking Lake Wakatipu, the Remarkables mountain range and Cecil Peak. Build a hotel, apartments or a mixture of both. (Subject to consents)

This stunning lakefront site is currently the largest parcel of waterfront land, close to the Queenstown CBD available for sale and development.

- Trophy Queenstown waterfront development site
- Total Area 1.0153 HA (More or less)
- Zoned high density residential
- Suitable for a Hotel, Apartments or a mixture of both (Subject to consents)
- Currently generating a holding income from 30 predominantly en-suited rooms
- Stunning outlook
- Proximity to the Queenstown CBD, Frankton retail area and International airport
- Could suit a staged development

My vendors have explored options for this site, including a large 220 room, 5 star hotel (see concept photos), however do not have the capital required for completion and feel the time is right for someone to benefit from growth in tourism in the region. The opportunity being presented here to purchase a large parcel of waterfront land in Queenstown suitable for a potential hotel and or apartment development is a rare one. The location does not get any better than this. Please contact me for a full information memorandum.
Property Information
  • Property Type: Land

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