An outstanding front row location adjacent to the Frankton walking track and lakefront.
The 1199m2 site has a lake frontage of approximately 54 metres and is zoned high density. Built in the 1970's over three levels the 250m2 home and separate double garage with workshop is currently divided into three flats returning $595 per week.
A fully consented seven apartment luxury complex including a knock out penthouse has been designed by Mason and Wales architects. Plans are available upon request. There is also consent for a boat mooring.
Numerous options are available to purchasers with this property including maintaining or renovating the existing dwelling. Building a new dream home(s) in a dream location or developing the consented seven apartment complex.
A rare opportunity inquire today.
Auction: 1pm
Thurs 7 July 2011 (unless sold prior)
50 Stanley Street, Queenstown
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