499 Frankton-Ladies Mile Highway, Queenstown_Property for Sale

499 Frankton-Ladies Mile Highway, Frankton, Otago, 9371, NZ

499 Frankton-Ladies Mile Highway, Queenstown

Asset Description

JLL is pleased to present for sale 3.3 hectares of prime development land at 499 Frankton-Ladies Mile Highway for sale via Deadline Private Treaty, closing at 4:00pm (NZST) on the 26th March 2025 (unless sold prior).

The site comprises a flat contour with a largely rectangular shape which underpin the site’s development potential and future value. The site’s recent rezoning under the Te Putahi Ladies Mile streamlined plan provides for high density residential opportunity with the potential for supplementary commercial development.

The site is strategically located between Arrowtown and Queenstown City Centre, two of the region’s predominant tourism destinations, and is only a few minute’s drive from both Five Mile Shopping Centre and the future commercial precinct to be developed as part of the Te Putahi Ladies Mile Variation.

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Attributes

Land area gross

33,203 m²

Zoning

High-density Residential

Tenure

Freehold

Call for offers

25/03/2025

Media

Investment Highlights

• The site benefits from a flat topography and largely rectangular shape, a quality which is scarcely offered to market in Queenstown.

• A manageable site area with excellent exposure onto the main thoroughfare into Queenstown, being State Highway 6 / Frankton-Ladies Mile Highway.

• Sought-after zoning, having been recently rezoned under the streamlined Te Putahi Ladies Mile Plan to allow for high density residential development, with provisions for some commercial development.

• Five Mile, a key retail and commercial hub, is nearby, providing excellent amenities. A new commercial precinct is planned even closer, just hundreds of meters away.