Trophy Development Site
Situated between the airport and Queenstown CBD is this stunning high density residential zoned waterfront development site with a land area of 1.0153ha. 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 the largest parcel of underdeveloped waterfront land, close to the Queenstown CBD. The site slopes down to Lake Wakatipu and the size, layout and topography allow for an ideal building platform suitable for a comprehensive development.
My vendors have explored options for this site including a large apartment complex along with a 200-room, 5-star hotel/apartment, mixed-use development, 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.
Originally, this site was the Alpine Village Hotel. There are still a number of buildings on site that are currently being rented out as worker accommodation and are generating an annual holding income, an added bonus while you are putting together your own project. Do not delay your enquiry.
Deadline Treaty: All offers to be in writing by 4.00pm, 30th November 2017, 39 Shotover Street, Queenstown. Unless sold prior.
M 0274 469 835
Highland Real Estate Group Ltd
Licensed Agent REAA 2008