41 Thompson Street is a prime Central Queenstown High Density corner property offering elevation, views and walking access to downtown.
Currently situated on the 456sqm site is an older 3 bedroom, 2 bathroom dwelling with double garage returning $620 per week from long term tenants.
Development plans for this part of Queenstown include a $35 million upgrade of a nearby hotel, a new 120 room boutique hotel and future potential area developments including the Queenstown Lakeview site.
This is an excellent opportunity to landbank a valuable investment property that also provides a current rental return.