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Queenstown

98 Thompson Street, Queenstown, Queenstown Lakes

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4 Bedrooms
1 Lounges
2 Bathrooms
1 Offstreet
670sqm Land area SQM

Invest, landbank then develop - must be sold!


Welcome to 98 Thompson Street, nestled in a desirable and central location, this spacious two-level, four-bedroom, two-bathroom home sits on a generous 670sqm of land which will be perfect for future development.

With Medium Density zoning and multi-unit capability, this property offers a rare opportunity for investors or those looking to capitalize on the evolving real estate landscape.

Conveniently located within walking distance to the future convention centre, local shops and restaurants, residents will also enjoy easy access to nearby walking and biking tracks. Plus, with traffic increasing throughout the basin, this location adds even more value to this promising property.

Currently returning a solid rental income which is fixed for another year, this home is healthy homes compliant and boasts new carpet, new insulation, fresh paint and a modernised bathroom.

Don't miss out on the chance to develop this rare opportunity and achieve fantastic yields and capital gains. Schedule a viewing today and unleash the full potential of this remarkable property.

Contact us now to make it yours! Being sold by way of auction, 7 June (unless sold prior). Make no mistake, the owners want to see a sold sticker come auction day!

Auction
(unless sold prior)

311 Hawthorne Drive, Queenstown

7
Jun

Time10am
Calander
Calendar
Sheryl Williams

Sheryl Williams


Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Nick Newman

Nick Newman


Arrowtown Realty Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Opportunity


Suitable as an investment property for now with a great development opportunity for later

Section


Embrace outdoor living with a sizable 670sqm section

Views


Nothing says “Queenstown lifestyle” like views across Lake Wakatipu to the Remarkables mountains

Zoning


Unlock the potential for future development, with the property being unit-capable, zoned Medium Density