property

By PHILIP CHANDLER Covid's knocked Queenstown tourism for a six but fuelled a boom in the high-end residential property market. In a trend that’s taken many agents by surprise, this market — we’re talking $4 million-plus deals — has become more...

Show-stopping showhome

By PHILIP CHANDLER The grandest showhome built by the developers of Arrowtown’s Millbrook Resort opens its doors this month. ‘Residences on Dalgleish’ is a collection of five homes designed by Dunedin-based Mason & Wales Architects, fronting the fourth and overlooking the seventh...

‘Let foreigners buy’

By MATTHEW MCKEW Queenstowners should be able to sell to whoever they ‘‘damn well please’’ — including foreigners. That’s according to ACT leader and MP David Seymour, who was in the resort on Wednesday ahead of September’s election. ACT’s Southland candidate Basil Waker...
By PHILIP CHANDLER A six-part $7 million crime drama shot in Queenstown over three months late last year premieres on TVNZ 1 next Monday. One Lane Bridge is produced by Great Southern Television, whose local boss and part-owner Philip Smith has...
Queenstown Airport Corporation is splashing millions on neighbouring residential proper-ties. It bought a run-down tennis court in McBride Street last August for just over $1 million. And it confirms that within the past six months it's bought two homes that are...

Tennis court nets $1m-plus

A disused Queenstown tennis court has sold for just over $1 million. The court occupies a 1012 square metre section on McBride Street close to Frankton lakeside reserve and Queenstown Airport. It had been owned for about 35 years by Invercargill's...

Southern housing soaring

Housing value growth rates around 10 per cent across Queenstown, Dunedin, and Central Otago remains about double the national annual average, as much of the rest of the country is in single-digit growth. Dunedin is bucking a national trend, as...

Boom….and more boom?

History shows Queenstown should be bracing for an economic slump but valuation experts say "unprecedented" tourist numbers are keeping property prices at a peak. Colliers International releases its 2018-19 local property market review today. It shows the market has reached a...
Recently, a mid-sized property developer in Sydney informed me that the average build cost in Sydney was $1500 a square metre. In Queenstown, the average build cost is currently $3000 a square metre. With our average wage being much less...
A waterfront site on the market at Queenstown's Kawarau Falls has been turning heads for more than 150 years. At the start of Kelvin Heights, the site's at the northeastern corner of the Lake's Edge subdivision and close to the...

$35k-a-year rent hike

Two pensioners say they've been forced out of their Arrowtown home after City Hall upped the land rent by almost 900 per cent. Bill Swann, 78, who bought his Nairn Street home in the late '60s, describes the increase on...

Mr X plans Queenstown base

A wealthy Chinese Aucklander wants to build a stunning Queenstown home fit for a Bond villain. The house – an X-shaped mansion which gives the appearance of floating in the middle but is subterranean at each end – has been...
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