Kelvin Peninsula is a peninsula on the shore of Lake Wakatipu in New Zealand's Otago Region. The peninsula lies between the main body of Lake Wakatipu and the lake's Frankton Arm and its outlet, the Kawarau River. The centre of Queenstown lies on the opposite shore of the Frankton Arm. The peninsula was formerly called Kelvin Heights Peninsula. The name Kelvin Heights is still used for the Queenstown suburb which sits on the peninsula.