KINGSTON Queenstown Lakes District

Bob Muir of Ray White, Christchurch is pleased to be appointed to sell by Mortgagee Sale on behalf of Prudential Mortgage Nominees Ltd, a portfolio of properties centred around the Historic Kingston Flyer. These comprise 13 parcels of land situated at the lakeside township of Kingston, approximately 35km south of Queenstown on State Highway 6. Some of the titles are linked to the historic Kingston Flyer steam train including a station and tavern, storage shed, railway corridor to Fairlight and Fairlight station. The Kingston Flyer itself comprising two locomotives passenger cars, kitchen van and flat top wagons are included for sale. The balance of the portfolio is made up of residential sections and development blocks, one of which has consent for a 15 lot subdivision. We understand most of the land was aggregated for a foreshore town centre including hotels, villas and commercial. Master planning was well advanced. In addition in April 2008 the Queenstown Lakes District Council publicly notified Plan Change 25, Kingston Village Special Zone. This comprises approximately 80ha directly behind the existing Kingston Township. A masterplan provides from comprehensive residential development around the Kingston Golf course, including roading and infrastructure services.
To be Sold as one unit. Phone Bob Muir today for a full Property Brochure.

Mortgagee Sale (plus GST if any)- All Offers Will be Presented