Listed: Wed, 15 Oct

Density to Develop

21-27 Adelaide Street, Town Centre, Queenstown-Lakes, Otago

To be sold by deadline sale (by 26 Nov)

1413m² Land

Attribute	Value
Property type	Section
Capital value (CV)	$4,210,000
Agency reference	67036931

In close proximity to Queenstown, this substantial 1,413sqm High Density site offers outstanding development potential. Take advantage of the existing project plans or redesign the site to suit your own vision. The property is zoned to allow for multi-unit or residential development.

Positioned in a premier location, just a short walk from the Queenstown Gardens and CBD, this large parcel of land represents a prime development opportunity in a location highly sought after.

Our owners currently have a resource consent lodged with council (RM240164) to construct 26 one-bedroom studio units, each with 365-day Visitor Accommodation consent. The design incorporates the existing site easement, and the consent is pending approval.

All property files and recent comparable land sales are available on request.

A change in direction means our owners are now looking to sell, and all offers will be considered at deadline.

Deadline Sale Closes: Wednesday, 26 November at 12 noon (unless sold prior) Please email all offers to jesse.johnston@colliers.com

View Information Memorandum here: http://bit.ly/4n1r3Zd