Property ID: QBS12070 Listed by Dave
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In every way, '516 Ladies Mile' is a most significant and impressive property.
It is a renowned and admired Queenstown property with significant development opportunity. It has an impressive 600 metre frontage to the main Frankton-Lake Hayes highway and is located only one minute's drive from Lake Hayes and five from Frankton.
Currently utilised as a rural-lifestyle property, its location and presence provides significant opportunity for the astute investor.
516 Ladies Mile is offered to the market for the first time in 30 years. The seller has decided to relocate elsewhere so her cherished property must be sold. This change in circumstance provides you with a one-off opportunity to secure this prime investment for your dream use.
While it could continue to be utilised as a significant land-banked lifestyle property, 516's location ensures it will more likely be utilised for more comprehensive uses including mixed density housing- as proposed by the Queenstown District Council's 'Lead Policy for Special Housing Areas', retirement housing- as precedented by the neighbouring Queenstown Country Club retirement village, a world renowned education/innovation hub, private school, private lodge/resort, equestrian centre, deer farm, commercial winery/cheesery, artisan gallery or any number of tourism related gate-sale enterprises.
Sited on the 14.6 hectare property are a substantial five bedroom, copper roofed, 440 sq m contemporary-style home, substantial 320 sq m vehicle/aircraft garaging, in-ground swimming pool, more than 400 mature sweet chestnut trees and a 225 sq m implement shed.
'516' is offered for sale by International 'Deadline Private Treaty'. This method of sale sets a date by which offers must be submitted. An offer can be made and the property sold at any time prior to the nominated date, so your earliest enquiry is strongly recommended.
Planning status report is available.
Don't look back and regret missing out on the opportunity to secure this property.
Contact me today.
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
New Zealand Sotheby's International Realty. Browns Real Estate Limited (Licensed under the REAA 2008) MREINZ