David Gubb

By PHILIP CHANDLER Strong interest from locals in entry-level Queenstown property is flying in the face of predictions made in the wake of Covid last year. Local Bayleys managing director David Gubb says it was assumed there’d be a lot more...

Mega-auction tests market

By PHILIP CHANDLER A Queenstown mega-auction next month’s being touted as a ‘headlight indicator’ for the upcoming state of New Zealand’s property market. The local Bayleys office is putting 27 residential properties on the block, including owner/ occupier residences, investment homes and...
Some of the most affordable apartments in Queenstown's Frankton hub have come to the market. The next stage of Remarkables Residences comprises 91 one- and two-bedroom apartments. The one-bedders are priced from just $499,000 and the two-bedders from $760,000. An attractive feature...
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...
A prime site near the heart of Queenstown sold at auction last Friday for more than $2.2 million, after almost 20 minutes of toe-to-toe bidding. It is believed to be one of the highest sales in the resort in terms of...

Under $1m for Residences

Prices in a mostly four-bedroom Queenstown townhouse development, publicly launched today, are all under $1 million. Developed by a Singaporean property company, Remarkables Residences will comprise 225 three- and four-storey town-houses. They'll be spread over a 3.84 hectare Frankton Flats site...
Queenstown's largest real estate agency is getting into the property business. BayleysLocations has lodged a resource consent application to build a $5.5 million, two-level "flagship" office at Frankton. Near State Highway 6, it will be on the northwest corner of the...

Trio’s sale fail

Three realtors from one Queenstown agency have been pinged for unsatisfactory conduct over a single bungled sale. A committee of real estate watchdog REAA has found against the BayleysLocations trio – including Real Estate Institute of New Zealand board member...
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