Located on one of Queenstown’s busiest retail streets, this property offers investors a rare opportunity to enter one of the most tightly held CBD markets in New Zealand.
This position on Camp Street is an absolute prime location within Queenstown CBD forming part of the core retail zone of the downtown area. Surrounding uses include retail, hospitality, banking, accommodation and tourism retail plus O’Connell’s shopping centre located directly opposite.
This freehold site of approximately 190m2 accommodates a three level commercial building currently occupied by The Salvation Army. Constructed circa 1991, the building has a gross floor area of approximately 425m2 comprising ground floor retail and offices/meeting rooms on the first floor and mezzanine level. Flexible configuration of ground and first floor to enable separate tenancies if required.
Development opportunity to refurbish the building; or demolish and rebuild. Vacant possession or lease back to The Salvation Army if required. Town Centre Zone within Queenstown Lakes District Council Operative District Scheme.
The Queenstown Lakes District continues to be one of the fastest growing regions and population in New Zealand. Supported by Queenstown International Airport and the Tourism sector, Queenstown remains New Zealand’s premier tourism destination.
For more information, contact Mary-Jo Hudson or Rory O’Donnell
To see the information memorandum please click here.