279-307 Frankton Road, Frankton Road, Queenstown, Otago 9300

^Land 9995m²

For sale

By Negotiation + GST (if any)

Exceptional Lakefront Development Opportunity

Nestled on the shores of Lake Wakatipu, Queenstown, this rare opportunity for discerning investors and developers stands as an ideal canvas for intense development. This property, one of the largest of the remaining lakefront blocks on Frankton Road, boasts an expansive frontage to the lakefront reserve, extending over an impressive 190 metres.

Only a stone's throw away from Central Queenstown, this development site unveils captivating panoramic views over the Frankton Arm of the lake, with the iconic Remarkables Mountain Range providing a stunning backdrop. The property encompasses a vast 9,995 sqm land area, offering room for imagination.

Zoned as High Density Residential, this site holds significant promise for a variety of development options. Whether it be a 5-star multi-unit/hotel complex catering to visitors or an exclusive enclave of residential units, the potential is boundless. Alternatively, for those with a penchant for a spacious and exclusive high-end dwelling, the property could serve as an ideal location.

At the heart of this unique offering is a 3-bedroom 1980s home located on 293 Frankton Road, featuring a generous 250 sqm floor area. The existing residence could provide good staff accommodation over a development phase.

As Queenstown continues to cement its status as New Zealand's top tourist destination, opportunities for development land are becoming increasingly scarce. This Frankton Road property represents a prime investment opportunity to shape the future of Queenstown's lakeside living.

Get in touch today to learn more.

• Unrivaled frontage to the lakefront reserve, spanning over 190 meters.
• Zoned High Density Residential, ideal for intense and imaginative development.
• Breathtaking views over Frankton Arm of Lake Wakatipu and the Remarkable Mountains.
• Proximity to Central Queenstown, providing access to premier shopping and entertainment.

View ebook here: bit.ly/3Vcwnij