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Consented Development Opportunity - $850,000

Ray White Queenstown (Wakatipu Realty Group Ltd), (Licensed: REAA 2008)

Listed 19 Jun

357 Frankton Road, Town Centre, Queenstown-Lakes, Otago

Asking price $850,000

Land area456m²
Property typeSection
Capital value (CV)$910,000
Property interior

Consented Development Opportunity - $850,000

Positioned above Lake Wakatipu on Frankton Road, this 456m² freehold site presents a compelling opportunity for builders, developers or purchasers looking to capitalise on an already consented development.

Resource consent has been granted for the construction of two residential units, together with associated earthworks and approval for residential visitor accommodation.

The consented design provides a three-bedroom residence with double garaging alongside a two-bedroom residence with single garaging, creating flexibility for permanent living, investment or visitor accommodation use.

With much of the planning work already undertaken, buyers have the opportunity to progress the existing consented scheme or investigate their own development ideas for the site.

Located between Queenstown and Frankton, the property enjoys an elevated position with excellent access to the lakefront trail, The Rees Hotel and the wider Queenstown area.

Key features include:

  • Asking Price $850,000
  • 456m² freehold site
  • High Density Residential zoning
  • Resource consent granted for two residential units
  • Associated residential visitor accommodation approval
  • Approved plans available
  • Geotechnical information available
  • QS estimate available
  • Established access and services
  • Convenient Frankton Road location

Contact Elliot Fell or Arron Sundars for the full property information and consent documentation.

https://rwqueenstown.co.nz/QTN31016

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Location info

357 Frankton Road, Town Centre, Queenstown-Lakes, Otago

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