Turner Street, Town Centre, Otago

Taking pole position on Queenstown Hill, 7 Turner Street offers huge potential given its High Density Residential zoning. A very short walk to town, with superb views over Lake Wakatipu and beyond, this highly desirable location has a great future either as a land bank investment or luxury development project.

The generous 1012 sq m (more or less) site has dual access and follows the natural contours of Queenstown Hill. The house is set over two floors with four bedrooms and two bathrooms on the upper floor, and a ground floor suite with shower room and a private entrance. A double garage and ample off street parking are a real bonus, so close to town. With proven rental potential and with the well publicised local accommodation shortage, it is an excellent rental investment while plans take shape for the next phase.

Queenstown has in recent years proven to be New Zealand's most robust real estate market. This property, in the heart of town and with elevated views, is a real opportunity for the sharp investor or developer. The vendor's plans have changed and this unique property is very much for sale.

Viewing by appointment only.

N.b. The photos are historical.