Positioned on an elevated 556 sq m (more or less) site in one of central Queenstown’s most desirable residential addresses, 9 Edgar Street presents a rare combination of location, views, holding income and significant future development potential.Zoned High Density Residential, the property enjoys an exceptional outlook across Queenstown Bay towards Walter Peak, The Remarkables, Skyline and Ben Lomond, while remaining within easy walking distance of downtown Queenstown.Under the Proposed District Plan provisions applied to the site, the zoning provides for a permitted building height of 16.5 metres. Condon Scott Architects have undertaken detailed concept work to explore this potential, demonstrating how a substantial multi-level apartment development could be accommodated on the site.The concept proposes four substantial three-bedroom apartments, including a two-level penthouse with roof terraces, together with garaging, lift access and a total floor area of approximately 1,156 sq m.The plans are conceptual only and remain subject to the necessary approvals but provide purchasers with a valuable starting point from which to assess the site’s development possibilities.For those considering a longer-term strategy, the existing five bedroom home is fully tenanted and can remain so for a new owner if desired, providing holding income while future plans are considered.Adding another dimension to the opportunity, adjoining and nearby properties may, subject to separate negotiation with their respective owners, offer potential for future site aggregation and a larger comprehensive development.Whether considered as a standalone development site, an income-producing landholding, or potentially as part of a larger future development, 9 Edgar Street offers a particularly compelling position in the heart of Queenstown.Deadline Sale: Closes 2:00 p.m. Tuesday 1 December 2026 (unless sold prior)*Please note boundary lines are indicative only**Renders are an artist's impression