Punatapu, Town Centre, Queenstown-Lakes, Otago

One of the jewels in Queenstown's crown is for sale with the potential to create the ultimate resort.

Punatapu is a 9.5 hectare estate located 10 minutes drive from downtown Queenstown.

Magic natural contours and geological features ensure the North facing block is a sheltered, sun soaked micro climate year round. Consent to utilise 1 million litres of water each day ensures a tranquil lush environment to live amongst and grow.

A subtle private entrance meanders through a forest of mature specimen trees alongside a series of natural oasis like water features before rolling up to the lodges sprawling sunbathed courtyard.

The Lodge designed by celebrated NZ architect Sir Ian Athfield is a timeless classic which sits comfortably on the land to anchor all future development.

A walk through the lower bird filled arboretum and water world, up past the lodge and grasslands to the artist in residence dwelling can take hours from your day. Follow the track up through the adjoining native reserve to the lookout across the incredible blue expanse of Lake Wakatipu.

Before there was Blanket Bay and Matakauri Lodge it was Punatapu that welcomed and wowed political dignitaries, celebrities and world leaders alike when they chose to visit the Wakatipu basin.

Expert planning reports support extensive development of complimentary facilities to fit the increased global demand for high end mindful tourism.

Additional accommodation, conferencing, health, wellness and education facilities could all be incorporated into one master plan alongside good old fashioned rest, relaxation and pampering to create a truly unique offering.

Very few properties with this potential still exist in one title.