5,881m² Residential Land with Subdivision Potential of up to 7 residential Lots

A rare opportunity to acquire a substantial residential landholding in the fast growing township of Glenorchy, just moments from the shores of Lake Wakatipu. Positioned overlooking a reserve and blessed with stunning lake and mountain views, this versatile 5,881m² parcel offers outstanding potential for development, land banking, the creation of an exceptional private residence or small scale local purpose commercial business activity.

With the possibility to subdivide into a maximum of seven residential lots (subject to consent), this property presents multiple pathways for savvy buyers seeking long term growth or development returns in a highly desirable alpine location.

Key Features
- Expansive 5,881m² residential land parcel ( PDP Settlements Zone)
- Subdivision potential into a maximum of 7 residential sections (subject to resource management consent)
- Excellent views over Lake Wakatipu and surrounding mountain ranges
- Overlooking reserve providing open outlook, privacy, and amenity
- Close proximity to Glenorchy township and the lakefront
- Land lease in place to 7 November 2026, offering holding income
- Lessee has expressed a desire to continue leasing
- Located in a high demand, limited supply market
- Small scale local purpose commercial activities are considered by the Proposed District Plan (subject to resource management consent)

Who This Opportunity Suits
- Investors seeking a buy and hold asset with income and strong long-term capital growth
- Developers looking to unlock value through subdivision in one of the region's most tightly held areas
- Lifestyle buyers wanting to build a truly special home on a large parcel of land with space, views, and privacy
- Small scale local business seeking to secure their business future

For further details on the land lease, development potential, or to discuss how this property could meet your objectives, contact Kath today.