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Glenorchy-Queenstown Road, Queenstown, Otago, New Zealand, 9300

  • Posted: 6/19/2016 6:31:38 PM

114

acres (approx)

$10,000,000 NZD NZD

An iconic piece of New Zealand - A trophy landholding to create a world-class development. This 114.0 acre lake-fronted parcel of land is zoned 'RURAL VISITOR' for residential & visitor accommodation development. There is absolutely nothing available quite like this. Acquisition of this landholding will allow the new owner to create a very special retreat, surrounded by spectacular snow-capped peaks and unobstructed views of Diamond Lake. Immediately recognizable as a film location for several Hollywood blockbusters, Arcadia High Country Station is situated in Paradise - a one hour drive north-west of New Zealand’s #1 destination and ‘Adventure Capital of the World,’ Queenstown, along one of the country's best driving roads; or a 15 minute helicopter ride up the lake from Queenstown International Airport. Under the zoning allocation, the site has potential for a number of uses including up to nine residential dwellings, visitor accommodation, a luxury lodge or a health retreat to rival the world's best. Given the land's easy contour, stunning 360° views, 790m frontage to Diamond Lake, this is a golden opportunity for an eco-friendly developer, investor or syndicate to cause a development worthy of the unique zoning. There's no better time to buy than right now: - Unprecedented tourism numbers driving demand for additional accommodation and housing. - Shortage of, and high demand for, Luxury accommodation providers in the Queenstown Lakes region - Option to acquire further Arcadia land may be made available to the purchaser (also zoned 'Rural Visitor' with a 0.7ha commercially-zoned block.) Contact Nick Gregory for a comprehensive information pack. Current valuation available on request. Price: NZ$10,000,000 + GST.