Holding a prominent land area of 1,294m2, with two individual properties, stunning views and a private position, this special Kelvin Heights address deserves your serious attention.

With lake and mountain views across the peninsula to Cecil peak and beyond, this property has the twist you are looking for with income potential and is immediately available for possession.

232 Peninsula Road is a rarity. The main home is elevated with three bedrooms, two bathrooms, multiple living areas and a fabulous wrap around deck. A private position to always enjoy ever-changing up-front lake and mountain vistas from dawn until dusk. But wait, there's more… A completely seperate one bedroom self-contained unit to give potential for an income stream, options to house relatives, whatever you need.

Surrounded by mountain biking trails with public transport on your doorstep and positioned just 7km from Queenstown's International Airport. Close to Frankton and all amenities, this community and Queenstown as a destination just continues to grow in popularity.

If you are after a forever Queenstown home, holiday home or clever rental investment, you may have just found it.

Come along to our open homes, contact us for an information pack plus LIM & Building Report and get ready to bid on this gem of a property!

Auction: 12pm, Thursday 12th March 2026 (unless sold prior).