881 Frankton Road, Queenstown

Idyllically positioned on the shores of Lake Wakatipu this substantial land holding (with small dwelling) is one of the finest sites in central Queenstown yet to be developed. The gently sloping 1,512 sq m section is conveniently accessed off Frankton Road and boasts spectacular views of the Remarkables mountain range and the iconic Lake Wakatipu from its lakeside position. With boating literally at your doorstep, the location will also benefit significantly from the additional amenity that the new marina will provide to the area. This provides purchasers with a very rare opportunity to secure a large sub-dividable site that could be used to accommodate a very special lakefront home or alternatively subdivided into two ideally located freehold properties (subject to applicable council approvals) Also located on the section is a small dwelling that can be used as a summer bach until new owners decide to redevelop the site. The dwelling consists of two small bedrooms, compact living area plus small bathroom and kitchen. Located in close proximity to both central Queenstown and Frankton the site will appeal to a range of purchasers, including those looking for a unique site to build a special home, investors looking at the future potential for such a property and developers eying an opportunity to create a sought after product for the bustling central Queenstown market. Lakefront land sites are particularly rare in central Queenstown, especially sub-dividable sites of this size. This is a very unique opportunity to secure a spectacular position on the shores of the iconic Lake Wakatipu. AUCTION 2.30PM SATURDAY 9TH APRIL 2016 - ONSITE....