423 Frankton Road - Queenstown

Property ID: QBS12620 Listed by Hadley

beds bw 3  baths bw 1
Land Area: 855 sq m

THIS PROPERTY HAS BEEN SOLD AT AUCTION 06/08/2021

The opportunity: a lakefront renovation project or sensational redevelopment site.

The land: 855 sq m (more or less) of high-density residential land located equidistant to Frankton and Queenstown.

The home: a modest two-level home comprising a living room and kitchen upstairs and three bedrooms and a bathroom downstairs. A wood burner is there to keep you warm in the cooler months. Located absolute lakefront, you can enjoy summer barbeques on the deck and the inviting garden path provides direct access to the walking/biking trail or for launching your kayak at the lakeside.

Enjoy the expansive views that glide over Lake Whakatipu and take in The Remarkables and other iconic Queenstown mountains.

There is tremendous potential for an imaginative revamp to the home to capitalise on its lakefront address. This delectable fruit will ripen with tender, love and care.

Alternatively, your plans may be more radical to take full advantage of the high-density residential zoning that this property is blessed with. The ultimate gain, perhaps for Queenstown and the lucky buyer is the redevelopment of the site into either one home or multiple (subject to council consent).

Our instructions are crystal clear - this property is to be sold with our Australian based investors committed to divesting this asset at Auction. Vacant possession is available. Do enquire promptly as it could surprise you how affordable this opportunity may be.

Boundary shown is indicative only. Please check out the virtual tour to walk through the home at your leisure.

Enquire about this property

Dave Fea - Queenstown Real Estate Agent | +64 27 444 1104 | dave@queenstownrealestate.co.nz
Melanie Rogers - Queenstown Real Estate Agent | +64 27 442 3932 | mel@queenstownrealestate.co.nz
Queenstown Real Estate .co.nz | PO Box 583 Queenstown New Zealand

nzsir

New Zealand Sotheby's International Realty. Browns Real Estate Limited (Licensed under the REAA 2008) MREINZ