A very special and unique opportunity exists to purchase 4292 square metres of prime lake front land with 75 metres of lake front boundary.
297 and 307 Frankton Road are located in the high density residential zone across two titles and are in an excellent position for 5 star, multi-unit development for either visitor accommodation use or residential units. Alternatively, this property could become a spacious and exclusive location for a special home. Situated on the shores of Lake Wakatipu with views across Frankton Arm to Kelvin Heights and the famous Remarkables Mountain Range. Located only 2 kilometres to central Queenstown, 5.3 kilometres to Queenstown's International Airport and bordering on the well-known Frankton Walking Track.
The secret is out and the world now knows that Queenstown is New Zealand's top tourist destination. A short supply of development land and a steady stream of buyers continues to support Queenstown's strong real estate market.
This land is to be sold by Tender at 4pm 20 June 2018 (unless sold by private treaty). Please contact us for a full information memorandum and registration of interest. Note that the vendor is reserving the right to sell by private treaty prior to tender date therefore registration of interest is essential.