4 and 6 Anderson Heights, Queenstown

Rarely does such quality real estate come to the market in Queenstown. An existing business, a land bank holding, or a development opportunity means the astute buyer should take note. "Hippo Lodge", positioned over two freehold titles at 4 and 6 Anderson Heights, combines for 1266 sq m of land (boundaries are indicative only). Under the new QLDC Operative District Plan this land is zoned High Density, so there is great potential for development. With stunning views over Queenstown and Lake Wakatipu, and a short stroll to bars, retail and restaurants, this location is certain to provide long term value in the centre of New Zealand's tourism capital. The lodge itself consists of three main accommodation buildings and an office. With a mix of 15 dormitories and bedrooms, seven bathrooms, three large kitchens, nine car parks and experienced management in place, Hippo Lodge has been a mainstay of the Queenstown backpacker scene, as well as being highly rated and reviewed online. With the business ready for a new owner with the land a definite asset, or as a development opportunity in central Queenstown, Hippo Lodge is smart real estate with an eye to the future. It's sure to be popular, so register your interest and explore the possibilities. View by appointment only. Tender closes 4:00p.m. 28th November 2017 (unless sold prior). ...