172A Park Street, Queenstown

We are delighted to bring to the market an opportunity to secure one of central Queenstown's preeminent lakefront positions. The eastern end of Park Street is one of the resort town's most sought after and tightly-held areas, with just six freehold titles accessed along this private, lakefront stretch. With five properties firmly spoken for, this will likely be the last opportunity to secure a holding in this most exclusive of positions. With spectacular lake and mountain views, excellent privacy and a short, flat walk to town, this location is a rare combination of everything that discerning buyers and investors look for. This is further evidenced by the striking houses that now populate this premier location (and the value attributed to the few remaining landholdings). The front row property borders reserve land, providing unobstructed and protected views of Lake Wakatipu, Queenstown Golf Course and the surrounding mountain ranges (including the Remarkables, Cecil Peak and Walter Peak). This coveted location also benefits from access to the lake and Frankton walking track, with the Botanical Gardens just down the road. To add to this exceptional offering, the site is currently home to a very impressive modular unit, which can be used as both a holiday home and a high-income producing rental property. This striking unit, complete with 365 Visitor Accommodation, provides a comfortable base to enjoy one of Queenstown's most impressive settings whilst planning your future home. Having purchased out of town, our vendors have priced this exceptional property to sell quickly. 172A Park Street is an address that, once sold, is unlikely to be seen on the market for generations. ...