Colliers International

By PHILIP CHANDLER Local property expert Andrew Hyndman has been appointed to head Queenstown-headquartered New Zealand Sotheby’s International Realty’s (NZSIR) commercial property division. Hyndman has more than 30 years’ Australasian experience as a commercial and residential valuer and adviser, latterly with Colliers...
With Queenstown's accommodation industry being hugely hit by the Covid-19 lockdown and border closure, the Airbnb sector which so many locals have got in to, to earn some spare coin virtually disappeared overnight. Many have speculated this sector won't come back, but two Airbnb...
Wakatipu High's principal is delighted the green light's been given to extend the school's capacity to 1800 students by the end of next year. The Queenstown school only moved to its Remarkables Park campus early last year, but is already...

New Arrowtown plots released

A new residential subdivision is opening up in section-starved Arrowtown. Called Arrowfields, the 20-lot subdivision is on the town's southwestern edge, off McDonnell Road. Sections range between 600 and 1073 square metres. An expressions of interest campaign, for the first 10 lots,...
Contracts for more than half the first stage of a $190 million Queenstown townhouse development have been snapped up. Properties Ltd is developing Remarkables Residences on the Frankton Flats, between the Five Mile shopping centre and Pak'nSave supermarket. It'll comprise 225...

Commercial break

A fully-leased commercial complex at the gateway to Queenstown is on the market. Comprising two two-level retail and office buildings, Terrace Junction is adjacent to the high-profile BP roundabout, between State Highway 6 and Frankton Road. It also shares an entrance...
The country has experienced its busiest period of hotel sales in a decade, with Queenstown reporting both the largest sales volume and the biggest individual sale. A hotel sales survey by Colliers International found than $500 million of hotel inventory...

No home on the range

Queenstown's best-known adventurer is being chucked off the Crown Range. Base jumper and thrill-seeker Chuck Berry is looking for new digs as the rental property he's lived in for 18 years has been sold. For a man whose regular activities resemble a...
Queenstown commercial real estate company says income-producing residential property has never been more popular in the resort. Colliers International – currently marketing two residential investment properties – reveals this sector of the market has experienced capital gains of about 25...
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