39 Shotover Street, Queenstown

For the first time in five decades, this special commercial property is for sale, offering an exceptional investment opportunity in the heart of Queenstown's bustling CBD. Boasting double street frontage, this property is a well-known landmark on vibrant Shotover Street. Fully tenanted, it presents a steady income stream with the added potential for market rent reset, promising increased returns for the discerning investor. Beyond the medium-term rental yields, 39 Shotover Street holds significant development potential. With Queenstown's continual growth and demand for commercial space, this property provides a rare chance to capitalise on its prime location and unlock further value through redevelopment. Situated on one of Queenstown's most popular retail streets, the property enjoys high foot traffic and visibility, ensuring maximum exposure for any business endeavour. Its strategic position amidst a myriad of shops, restaurants, and attractions makes it an ideal destination for locals and tourists alike, guaranteeing sustained demand for commercial space. An added advantage rarely found in the area is the provision of private carpark spaces, a coveted asset that enhances convenience and accessibility for tenants and customers alike. Don't miss this extraordinary opportunity to secure your foothold in Queenstown's thriving CBD. Whether you're an astute investor seeking steady returns, a developer with a vision for growth, or an entrepreneur looking to establish a presence in one of New Zealand's most coveted locations, 39 Shotover Street is a view. *Boundary Lines Indicative Only...