An extremely unique opportunity to take on prime land in an established area of the district with Resource Consent already in place, this is a one-off chance to take advantage of the distinct shift from Queenstown's CBD to the wider Frankton area.
Three generous sites, situated in Shotover Country and ready for development, this offering will appeal to a wide range of developers, builders, future land bankers and anyone looking for a project within the district.
The Details:
Site 1: Stonewalls Terrace
Residentially zoned title comprising 7,824sqm on the main thoroughfare of Shotover Country, off Stalker Road. The lot has a Resource Consent in place for 24 residential units, including associated earthworks and landscaping. With a huge level of demand in the market for more housing, particularly off-plan, newly built product, this has a relatively secure outcome when considering a project of this scale.
Site 2: Cheltenham Road
Residentially zoned with a Resource Consent for commercial activity and a title comprising 2,256sqm, directly opposite the Stonewalls Terrace lot. The lot has Resource Consent in place to construct a two-storey commercial building. The main commercial tenancy on the ground floor has been designed for the operation of a cafe/restaurant with bar and kitchen servicing and outdoor dining, while seven tenancies upstairs are designed for office/mixed-use.
Site 3: Ladies Mile/Stalker Road
Currently zoned as open space under the Operative District Plan. Comprising of 1.86 hectares with a lease in place for five years with Fire and Emergency services, ending 1st of July 2025 and a casual lease with the current owners.
Options to purchase as one entire parcel or as individual sites, this is a flexible offering that caters to all needs. All three sites are going to Tender, closing Friday 29th of October 4pm.