Set along the prestigious Speargrass Flat Road, this substantial landholding occupies one of the Wakatipu Basin’s most tightly held rural locations and presents an exceptional opportunity for future development.
Access is via an elegant stone-walled entrance and a mature, tree-lined driveway along the western boundary, immediately establishing a strong sense of arrival and privacy.
Set along the prestigious Speargrass Flat Road, this substantial landholding occupies one of the Wakatipu Basin’s most tightly held rural locations and presents an exceptional opportunity for future development.
Access is via an elegant stone-walled entrance and a mature, tree-lined driveway along the western boundary, immediately establishing a strong sense of arrival and privacy.
Comprising 15.7 ha (more or less) in total, the two adjoining properties, feature a compelling mix of gently undulating pasture, shallow valleys and elevated paddocks taking in views from Coronet Peak to the north and encompassing the vast mountainous landscape of this sought after area below.
Zoned within the Wakatipu Basin Lifestyle Precinct, the property is well suited to further subdivision lending itself to the creation of a high-quality lifestyle development. With two existing building platforms and ten water connections, the property provides convenient flexibility from the outset.
Accented by beautiful established trees and stunning landscaping the property offers a rare sense of privacy and scale, while remaining just minutes from Queenstown, Arrowtown, Lake Hayes, Ayrburn Precinct and the local cycle trail network.
This is a compelling opportunity to secure a significant landholding in a blue-chip setting, offering both immediate lifestyle appeal and long-term development potential in one of the Wakatipu Basin’s most desirable and tightly held locations.
Enquire now to explore the potential of this premier Speargrass Flat land holding.
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Property type
Land
Features
Mountain View
Explore the Area
5 Speargrass Flat Road, Speargrass Flat 9371, Otago, New Zealand
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Bayleys is New Zealand’s largest full-service, locally owned real estate company. We offer expertise in the marketi
Bayleys is New Zealand’s largest full-service, locally owned real estate company. We offer expertise in the marketing and sale of a wide range of property, including residential real estate, farms and lifestyle blocks, and commercial and industrial property. This includes tourism and leisure assets such as hotels and motels as well as a range of businesses for sale. We also cover the real estate markets in Fiji and other Pacific Islands.
Bayleys also provides a complete property and facilities service including property management and valuations teams focused on achieving both Owner and Tenant satisfaction.
No other real estate company can match our breadth of coverage across all market sectors throughout New Zealand.
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First listed
Feb 10
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