Positioned in Queenstown's 'Dress Circle', this large residential development site presents an outstanding opportunity for developers and land bankers alike.
The unique parcel of land, comprising two freehold titles, is For Sale By Negotiation.
Situated at the base of the up-and-coming Karamata Peak enclave, the property allows for a comprehensive unit title style development of up to one dwelling unit per 250m² of net land area.
You can build with confidence knowing that the Karamata Peak Master Plan and Build Design Guide protect the distinctive character of the surroundings and ensure a cohesive and complementary set of architectural and landscape outcomes.
Prior to settlement, the site will be developed by the Vendors at their expense to include roading and services to the site along the northern boundary.
The generous land parcel has a total area of 6,556sqm and an expected net useable area, exclusive of roading, of 4,418sqm. Settlement is subject to roading and infrastructure completion. The expected date for this is on or around Q1 2027.
Further information including a detailed information memorandum and due diligence documentation is available upon request.
Contact us today to learn more or to arrange a site inspection.
