168 Park Street, Queenstown

168 Park Street represents an incredibly rare opportunity to secure one of the few remaining lake-front baches in what is arguably central Queenstown's most sought-after, and tightly-held neighbourhood. The combination of privacy, spectacular lake and mountain views and a short, flat walk to the bustling town make these unique properties extremely desirable to a range of owners. The value placed on these special landholdings is further evidenced by the substantial houses that now populate this premier location. The 'front row' property borders reserve land, providing unobstructed and protected views of Lake Wakatipu, Queenstown Golf Course and the surrounding mountain ranges (including the Remarkables, Cecil Peak and Walter Peak). This blue chip location also benefits from access to the lake and Frankton walking track, with the Queenstown Botanical Gardens just down the road. A much-loved family bach provides comfortable living and is currently used as a long-term rental property (vacant possession on settlement). The generous 812 sq m section is ideally-suited to accommodate a striking new home or two spacious units (subject to applicable council approvals). Having owned this special family home for over 50 years, our vendors have made the difficult decision to release it to the market for a new owner to realise its immense potential. 168 Park Street is one of the finest opportunities to come available in this coveted area for a number of years, and possibly for some time to come. Given the widespread interest this unique offering is expected to generate, the property will be sold via Auction 12:00 p.m. Saturday 30th November 2019 on-site (unless sold prior). Please get in touch if you would like to discuss further and/or receive an information memorandum, LIM, geotech assessment and planning report. Boundary Lines Indicative Only...