$10m apartments for central Queenstown


A $10 million-plus luxury apartment complex is set to change the face of Queenstown’s Hallenstein Street.

‘Freshwater’ will feature 16 homes over five levels, on the corner of York Street.

That includes six posh penthouses that’ll set you back upwards of $1.3m each.

But you’ll have to be quick - marketing’s only been going two weeks but four apartments are already under offer.

That’s “terrific and unexpected”, Australian developer Lachlan Francis tells Mountain Scene.

“There are very few high-end residential developments in Queenstown and the location and spectacular 180-degree views demand it.

“That’s why we included the pool and spa in the complex - it’s more than just a point of difference.

“Hallenstein St is well regarded and I think we are doing everyone a favour knocking over our old weatherboard shack, although many people have fond memories of numerous parties that have been held there over the years.”

Freshwater will be across two sections, one owned by the Sydney businessman for more than five years and the other purchased recently.

Francis: “This is our first development in Queenstown.

“Obviously Queenstown is going through a major transformation recently and we foresee these major changes continuing for several years.”

The development got council consent without public notification.

Impact on neighbours was judged to be “less than minor”.

The apartments, priced from $650,000, feature ‘chef’s kitchens’, European oak floorboards, and carparking.

Several also feature home theatre rooms and balcony spas.

Francis hopes to be turning soil by the end of January, with Amalgamated Builders Ltd completing the project by mid-2017.