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Lakefront Outlook Development Site
547 & 551 Frankton Road, Queenstown, Queenstown
547 & 551 Frankton Road presents a rare opportunity to secure a premium freehold development site with protected lake views over Lake Wakatipu. The site is positioned directly above the Frankton Track, part of the wider Queenstown Trail network, offering immediate access to one of the region’s most popular walking and cycling routes. On the lake side of the track, the land is designated as reserve, creating a natural buffer between the property and the water. This configuration ensures no future development can occur in front of the site, effectively protecting its long-term lake outlook. Comprising two adjoining freehold titles with a combined landholding of approximately 2,989sqm, the property is zoned High Density Residential, providing flexibility for a range of residential or tourism-led development outcomes. 547–551 Frankton Road occupies a strategic gateway position along Queenstown’s primary arterial corridor, connecting Queenstown CBD with the International Airport and the rapidly expanding Frankton precinct. Positioned between the region’s key commercial, tourism and residential hubs, the property benefits from exceptional accessibility, high-profile exposure and strong long-term growth fundamentals. Investment Highlights
2,989sqm (approx.) freehold landholding across two titles
Protected lake views with reserve land located between the track and Lake Wakatipu
Direct adjacency to the Frankton Track (Queenstown Trail network)
High Density Residential zoning enabling flexible development outcomes
Strategic position between Queenstown CBD and Frankton hub
Suitable for tourism accommodation, apartments or residential development
Contact the sole agent Chengyang Zhang for more information.
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Address
547 & 551 Frankton Road, Queenstown, Queenstown
For Sale
Price by negotiation
Type
Land
Land area
2,989
sqm
approx.
Listing ID
CCH101079
Office
CBRE Christchurch
For Sale
Price by negotiation
Ask a Question
Chengyang Zhang
Negotiator
m.
021387167
b.
03 374 9889
chengyang.zhang@cbre.com
Paul Brown
Senior Negotiator
m.
021 386 069
b.
03 374 9889
paul.brown@cbre.co.nz
CBRE Christchurch
Level 4, 222 High Street
Christchurch Central, 8011
b.
+64 3 374 9889
f.
03 374 9884
www.cbre.co.nz
info@cbre.co.nz
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