Highland Terraces at Lakehouse Villas – Villa 34

Listed 3 Jun
34, 633 Frankton Road, Town Centre, Queenstown-Lakes, Otago
Asking price $1,495,000
Details
- Floor Area
- 101m²
- Land area
- 116m²
- Parking
- 1 car garaging
- Broadband
- Fibre, Satellite, Wireless


Highland Terraces at Lakehouse Villas – Villa 34
Welcome to Villa 34 at Lakehouse Villas, an off-the-plan opportunity within one of Queenstown’s most anticipated lakeside developments, positioned directly on the shoreline of Lake Wakatipu.
Developed by Gibbons Co, Lakehouse Villas sets a new benchmark for contemporary lakeside living, blending refined design with the natural beauty of its surroundings. This offering represents a resale of a three-bedroom Highland Terrace within the wider Lakehouse Villas masterplan.
Elevated along Frankton Road, Lakehouse Villas will comprise 63 freehold homes, all benefiting from 365-day visitor accommodation consent. Villa 34 forms part of the sought-after Highland Terraces collection, designed by Stapleton Elliott, with a strong emphasis on open-plan living, premium finishes and seamless indoor-outdoor flow.
Spanning approximately 100 sqm (more or less), Villa 34 features three bedrooms and an open-plan kitchen, living and dining area, designed to maximise light and views. Depending on the configuration, living is either positioned to connect with a landscaped outdoor terrace or opens to a balcony, capturing the surrounding alpine and lake outlook.
The home includes generously proportioned bedrooms with built-in wardrobing, well-appointed bathrooms including a powder room, fully landscaped grounds and a private designated car park.
With stunning outlooks and direct access to the Frankton Track, Villa 34 at Lakehouse Villas presents a compelling opportunity to secure a high-quality lakeside villa in a tightly held location.
Renders are artist’s impressions and depict the Lakehouse Villas development as a whole.

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Local Schools
- ST JOSEPH'S SCHOOL (QUEENSTOWN)25 Beetham StreetRoll: 130
- QUEENSTOWN PRIMARY SCHOOL20 Robins RoadRoll: 522
- KINGSVIEW SCHOOL14 Yewlett CresentRoll: 90
- REMARKABLES PRIMARY SCHOOL49 Lake AvenueRoll: 426
- KIDSFIRST KINDERGARTENS FRANKTON13 Robertson StreetRoll: 32
- CITY IMPACT CHURCH QUEENSTOWN EARLY CHILDHOOD CENTRE3 Hansen RoadRoll: 75
- ACG QUEENSTOWN HENRY STREET7 Henry StreetRoll: 33
- GENIUS EARLY YEARSLevel 1 45 Camp StreetRoll: 20
- CURIOUS MINDS EARLY LEARNINGLevel 1, 5 Mile Retail 30 Grant RoadRoll: 62
- LIGER LEADERSHIP ACADEMYUnit 10 34 Grant RoadRoll: 32
- WAKATIPU HIGH SCHOOL47-49 Red Oaks DriveRoll: 1552
- TE KURA WHAKATIPU O KAWARAU85 Howden DriveRoll: 566
- SHOTOVER PRIMARY SCHOOL57 Stalker RoadRoll: 580
- CROMWELL COLLEGEBarry AvenueRoll: 696
Location info
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Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $18.5M - $20.9M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $20,800,000
- Land value
- $20,800,000
- Improvement value
- Not yet available
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 18.5M - 20.9M
- Suburb median
- Town Centre: 1.47M



