Prime Queenstown consented hotel development site for sale in Queenstown

Prime Queenstown consented hotel development site for sale in Queenstown

What’s being described as “one of the most strategic development sites in Asia-Pacific,” is for sale and open to international buyers.

The 3909sqm site in downtown Queenstown has been listed with Colliers.

It’s centrally situated in upper Brecon Street, a precinct being developed for commercial and tourism activities, as well as comprehensive local authority infrastructure and street works.

The site has the benefit of consent for a comprehensive hotel and commercial development, including underground parking.

The complex will provide 393 hotel rooms in four linked buildings, developed around a commercial complex of 12 tenancies.

The 21.8m high building will offer various views over central Queenstown Bay, as well as Coronet Peak and The Remarkables.

Investment Highlights Include:

  • Close to CBD, Lakeview Development & Skyline Gondola
  • Approximately 3,909 square meters of commercial land in a developing commercial precinct
  • Land swap agreement provides multiple street frontages
  • Zoned for commercial / visitor accommodation uses
  • Existing consent for 393 room hotel and retail complex
  • Brecon Street upgrade & landscaping nearing completion

The property is being offered For Sale by Deadline Private Treaty closing 9 March 2023 unless sold prior.

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