42 Gorge Road - Queenstown

Property ID: QBS12617 Listed by Russell

beds bw 3  baths bw 1
Land Area: 850 sq m

With proximity to the Queenstown CBD - this 850 sq m site (more of less) offers exceptional development potential with the added benefit of holding income from a long-term commercial tenant.

Zoned Business Mixed Use under the proposed district plan, this site has enormous potential ranging from residential, unit style accommodation, offices and retail/commercial. With a generous (restricted discretionary) height limit of 20 meters and no set-back requirements from front and side boundaries, there is plenty of scope to develop a multi-level building on this site. Building coverage under this zone is also permitted to 75% of the site area.

Less than 400 meters to Stanley St, this is a rare opportunity to land-bank a central site with significant development potential.

Sale price will be Plus GST if any.

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

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