long-term rentals

By TRACEY ROXBURGH Developers of the Toru apartment complex at Frankton’s Remarkables Park say they’re ready to start on the second of three buildings, but are struggling to attract financing. This month the first building, comprising 78 one- and two-bedroom units,...

Unit ownership never cheaper

By PHILIP CHANDLER Singles or couples can pay as little as $200,000 to secure assisted home ownership in a new Queenstown apartment building. Queenstown Lakes Community Housing Trust owns 50 of the 78 units in the first building of the Toru...
By PHILIP CHANDLER Inland Revenue (IRD) is cutting some slack for landlords moving homes or rooms from Airbnb-type platforms to long-term rentals. The short-term rental market took a dive when inbound tourism was shut down due to the Covid-19 pandemic. Many landlords...
By PHILIP CHANDLER A long-time Queenstown realtor believes the local property market will ride out the Covid-19 pandemic relatively unscathed. Harcourts Queenstown principal Kelvin Collins says his confidence is based on the fundamentals of the market being sounder than during earlier...
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