Lakeview, Central Queenstown
‘Lake view’ doesn’t do it justice. Positioned on a plateau in central Queenstown, the site boasts superb views across Lake Wakatipu towards the Remarkables Mountain Range and Cecil Peak.
Located approximately 500m from the CBD and 200m from the lakefront, Lakeview is arguably the best development opportunity Queenstown has seen for many years and one of the last significant vacant land holdings in the town centre.
On 26 October 2017, the Queenstown Lakes District Council (QLDC) resolved to:
- Commit to deliver the required internal infrastructure, roads and public space to allow the sale and transfer of serviced lots to developer partner(s).
- Undertake an Expression of Interest (EOI) process to identify a shortlist of development partners with an intention to seek formal Requests for Proposals (RFP) from that shortlist.
- Negotiate and execute transaction agreements with development partner(s) subject to the financial parameters.
Register your interest
In February 2018, QLDC, via CBRE, will seek expressions of interest from development partners that would like to acquire land at Lakeview and share QLDC’s vision to deliver a thriving residential focused mixed use precinct that is stitched into the Queenstown town centre context.
The lots to be made available include lot 2, 3, 4, 5, 6, 7, 8, 10 and 12. Lots 10 and 12 will be made available on a 125 year pre-paid leasehold basis. The balance will be offered on a freehold basis. View the draft masterplan and subdivision plan for further detail.
Contact CBRE for further information or to pre-register your interest in participating in the process.
Queenstown, a premier four seasons resort, positioned for growth
The jewel in New Zealand’s tourism crown and genuine four seasons resort, Queenstown has truly global appeal and was voted ‘Australasia's leading Destination’ in the 2016 Trip Advisor World Travel Awards.
Queenstown has experienced significant growth in recent years both in terms of visitor arrivals and resident population, the latter expected to reach 44,000 people by 2023 which equates to an estimated 48% increase on the 2013 census population1. Hotel occupancy rates are at 82% and hotel room tariffs are the highest of all the major centres at $218 per night, having increased 17% over the past twelve months2.
Queenstown is also experiencing significant investment in infrastructure with major transport projects including a new double lane Kawarau Falls bridge, Hawthorne Drive (which is expected to ease congestion in Frankton) and a new public transport system. The proposed Town Centre Masterplan and associated new arterial, together with the significant investment proposed at Lakeview, demonstrates Council’s commitment to unlocking the potential for further growth.
1Statistics New Zealand
2Tourism Industry Aotearoa, 12 months rolling October 2017; major centres of Auckland, Rotorua, Wellington, Christchurch and Queenstown