Owned by the same family for 47 years, 5 Hobart Street represents an exceptional opportunity in one of Queenstown’s most sought-after residential locations. Flat, sunny, and positioned on a peaceful street just moments from the CBD, Lake Wakatipu and Queenstown Gardens, this 986sqm site offers scale and potential seldom found so close to the heart of town.
Currently zoned Medium Density Residential with an eight-metre height limit, the property also sits within QLDC’s proposed Urban Intensification Variation, which seeks to rezone the site to High Density Residential* – a change that would further expand the scope for development.
The property itself comprises the much-loved Hobart Cottage, sympathetically extended over the years to provide four bedrooms, two bathrooms and two living areas, spread across two buildings. Additional improvements include a workshop, garage and office.
With Certificates of Title for Hobart Street first issued in 1887, the address holds a special place in Queenstown’s story. Now it awaits its next chapter – whether as a development site or as a unique residence within walking distance of every amenity.
Get in touch with us today to discover the full potential this property has to offer.
View information memorandum here: https://isu.pub/MVju4d8
View video here: https://youtu.be/fKoxBuCHILc
Boundary lines and location markers indicative only.
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