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Queenstown

42 Gorge Road, Queenstown

Deadline Private Treaty

4:00 p.m. Friday 16 July 2021

Property ID QBS12617


bed

3

bath

1

floor

180 sq m

land

850 sq m


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With proximity to the Queenstown CBD - this 850 sq m site (more of less) offers exceptional development potential with the added benefit of holding income from a long-term commercial tenant.

Zoned Business Mixed Use under the proposed district plan, this site has enormous potential ranging from residential, unit style accommodation, offices and retail/commercial. With a generous (restricted discretionary) height limit of 20 meters and no set-back requirements from front and side boundaries, there is plenty of scope to develop a multi-level building on this site. Building coverage under this zone is also permitted to 75% of the site area.

Less than 400 meters to Stanley St, this is a rare opportunity to land-bank a central site with significant development potential.

Sale price will be Plus GST if any.

Matt Finnigan

Matt Finnigan

Queenstown

Cell Phone+64 21 199 7669

Emailmatt.finnigan@nzsir.com

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Russell Reddell

Russell Reddell

Queenstown

Cell Phone+64 21 355 291

Emailrussell.reddell@nzsir.com

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