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Listing Description

Listed: Thu, 9 Sep

Eight bedroom home on future development site

22 Bowen Street, Town Centre, Queenstown-Lakes, Otago

To be sold by auction on 8 Oct


  •   6+ Beds
  •   3 Baths
  •   200m² Floor
  •   908m² Land
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Set on 908m2 of "High Density Residential Sub-Zone B" zoned land. The property is located within walking distance to downtown Queenstown and is positioned in a desirable rental location for inner town staff. This older eight bedroom home has three bathrooms set over two levels and is currently tenanted. The property is located down a shared driveway with one other property and offers views towards the rocky cliffs of Queenstown Hill, Cecil Peak and surrounding hillsides. Our vendor is applying for a resource consent to build eight apartments with visitor accommodation consent on the section and this application is included in the sale. This is an opportunity to invest in a highly desirable future development site, with all of the time and effort for designing the plans and preparing the application for consent to council taken care of. You can choose to carry on with the resource consent application outcome and develop yourself, or land bank for the future.

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Bayleys Queenstown - Queenstown and Southern NZ Realty Limited, (Licensed: REAA 2008)

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