Is this the most expensive section sold in Queenstown?
This prime slice of Queenstown waterfront has sold for an eye-watering $6.2 million.
The 3699sq m site, which adjoins the Hilton hotel complex on Kelvin Peninsula, was brokered by Bayleys Locations agent Greg Ross and is understood to have been sold to a local investor/developer who intends building a limited number of residential homes.
The vendor, Winton Partners NZ Ltd, is also selling the adjoining 56-lot Lake’s Edge subdivision.
Bayleys Locations, meanwhile, is now marketing another parcel not far behind the 3699sq m site.
Tenders for that 3763sq m site, which allows for multiple hotel and apartment development options, close on August 27.