503 Frankton Road, Queenstown

Cast your mind back to 1972 when the population of Queenstown was less than 3,000 and Skyline Queenstown had only been in operation for five years. That will give you a true appreciation of the environment this unique waterfront property was born into. Ahead of its time, with chic upholstery and furnishings, there is an opportunity here for a lakefront renovation project, or a sensational redevelopment site. While the wallpaper may no longer be the height of fashion, the views are timeless. The glorious lake vista is as breathtaking now as when it was built. And it will remain that way for the next 52 years. Beyond that actually. FOREVER. The land is 927 sq m (more or less) of prime, high-density residential land located equidistant to Frankton and Queenstown. The dwelling is a modest two-level bach comprising a living room, kitchen, bathroom and two bedrooms upstairs, with a separate 'pool room' downstairs that has to be seen to be believed. The decor and furniture have been frozen in time since 1972, with an extensive chattels list available on request. Enjoy the expansive views that glide over Lake Whakatipu and take in The Remarkables and other iconic Queenstown mountains. There is tremendous potential for an imaginative revamp to the home to capitalise on its lakefront address. Alternatively, your plans may be more radical to take full advantage of the high-density residential zoning that the property is blessed with. The ultimate gain, perhaps for Queenstown and the lucky buyer is the redevelopment of the site into either one home or multiple (subject to council consent). Located absolute lakefront with direct frontage to the walking/biking trail. Our instructions are crystal clear - the same family has adored this much cherished holiday home since 1978, but it's time to let this delicious slice of history go. Here is your opportunity to create your own Lakefront Legacy. Viewings by appointment only. ...