489 Frankton-Ladies Mile Highway, Lake Hayes, Queenstown-Lakes, Otago

CBRE, invites the opportunity to secure 4.87ha of premium zoned residential land at Queenstown’s Ladies Mile, poised to become a future town centre of the Wakatipu Basin. Recently rezoned by the Queenstown Lakes District Council (QLDC), this site offers immense potential for medium to high-density residential development.

489 Ladies Mile is arguably the anchor site to unlocking the Te Putahi Ladies Mile master-planned precinct, located in the heart of the Wakatipu basin and 10 minutes from Queenstown’s airport.

Renowned for its unique charm and unparalleled natural beauty, Queenstown’s exceptional setting attracts record numbers of international visitors and offers an extraordinary lifestyle for residents. The continuous growth in tourism and population has outstripped expectations, necessitating ongoing investment to support this expansion.

Spearheaded by the Queenstown Lakes District Council (QLDC) with significant input from the vendor, this new mixed-use precinct represents a strategic response to Queenstown’s thriving growth; capitalising on its prestigious location and distinctive character.

Lot 1 has sold to a commercial developer, and with much of the precinct landlocked awaiting surrounding landowners to develop, 489 Ladies Mile (Lots 2 and 3) provides first mover advantage with direct access from road frontage via the planned Howards Drive roundabout. The site can be progressed for a range of different residential outcomes including, built-to-rent residential complexes and worker accommodation, as well as single-unit homes.

For further information or access to the data room, visit 489ladiesmile.com. All correspondence or requests for information should be directed to the sole agent at CBRE, Brent McGregor or Cameron Darby.