#2302

Calling all Developers

12 Copper Beech Ave

#2302

  • 6,832 ㎡

By Negotiation

At a time when Queenstown is experiencing an extreme shortage of residential accommodation, a rare opportunity exists to secure a substantial development site strategically positioned on the edge of Remarkables Park Town Centre in Frankton with an existing consent for 152 residential units.

Located within Area 5 of the “Remarkables Park Special Zone” and with some of the most “flexible” and “development friendly” provisions in the Queenstown Lakes District, this 6832m2 site borders Remarkables Park Town Centre to the north, residential properties to the West and the existing mixed-use Toru Apartments to the East.

Significant developments around the Frankton Flats area include the Remarkables Park Town Centre, Five Mile Shopping Centre, Queenstown Central, Shotover Park, Mitre 10 Mega, Pak n Sav, Queenstown High School, Hotels, comprehensive housing developments and Queenstown International Airport.

Originally intended as Stage 2 and 3 of the Toru Apartment Development, the new owner can choose to take advantage of the existing consent and continue with the existing plans or redesign and capitalise on recent changes to Government policy removing minimum number of car parks and providing for a higher level of residential and commercial density than has been consented to date.

The site is “zoned” for high density mixed use commercial and residential development and planning advice indicates that obtaining resource consent for changing the design and layout of the consented development or a new scheme altogether should not be problematic, provided a quality design is produced and it complies with the consented or permitted bulk and height standards.  This includes providing for high density commercial and residential development, up to 12-18m high.

With excavation and retaining works completed and some services already in place, alongside the existing resource consent, 12 Copper Beech presents a unique opportunity to secure a significant development site where much of the hard work has been done.

Full information pack and comprehensive planner’s report available on request.

Price By Negotiation and will be plus GST (if Any).

Simon Green

Mobile: 64272018171

Email: [email protected]

Email Agent