‘Once in a lifetime’ offer on spectacular Lake Ha¯wea
A substantial north-facing landholding on the shores of Lake Ha¯wea, which offers unrivalled mountain views as well as privacy and accessibility, presents buyers with a once-in-a-lifetime purchasing opportunity.
Lot 1 Lake Ha¯wea spans approximately 5.5ha, benefits from a rare Rural Residential zoning and provides a consented 1000sq m building platform that includes an 8m height restriction, allowing substantial flexibility for any future developments.
Lake Ha¯wea is the freshwater jewel in the crown of Queenstown Lakes District, which encompasses Queenstown, Wa¯naka, Ha¯wea and Arrowtown. The wider area is globally renowned for its recreational pursuits, cuisine, wineries, and unparalleled natural landscapes.
The property is less than 20 minutes from Wa¯naka and approximately 75 minutes from Queenstown. It is currently used for grazing by the adjacent high country station.
Colliers sales consultants Craig Myles and Roger Ellis are marketing the site for sale via deadline private treaty closing at 4pm, Friday, November 17, unless sold prior.
With the unique zoning in place there is scope for the new owner to create a stunning lifestyle property befitting the splendour of this idyllic location. Myles says Lake Ha¯wea is one of the most visually appealing spots in New Zealand that showcases ever-changing views unlike anywhere else across the country.
“This is one of the most impressive landholdings we have presented to the market, and it will certainly generate strong interest among prospective buyers given the combination of its sought-after location and favourable zoning,” Myles says.
“It is hard to overstate how rare it is to find an opportunity such as this one on the shores of Lake Ha¯wea and it is not hyperbole to suggest this is potentially a oncein-a-lifetime listing. The new owner will have the chance to create a special development that will be private and exclusive yet only 10 minutes from the local village.”
House price growth in the Queenstown Lakes District continues to grow rapidly, indicating how valuable this landholding will be on the open market. Data from Infometrics notes annual house price growth in the area rose 1.9 per cent in the year to June 2023, while prices dropped across the country.
Myles says the new owners will no doubt choose to develop the site to take full advantage of the surrounding area and abundance of space for outdoor activities.
“The renowned Gladstone cycleway and walking track runs along the shores of Lake Ha¯wea, providing a perfect location for a walk or bike ride, while taking in the mountain views. Wa¯naka is readily accessible and boasts world-class restaurants, retail and hospitality options that complement a vibrant set of shops that have something for everyone.”