property

A Queenstown commercial property franchise is merging with a local residential real estate agency. Colliers International Queenstown, which specialises in commercial sales, leasing, valuation and advisory services, is joining forces with Hoamz from November 1. It's the first time Colliers International...
Queenstown house values are starting to rise again, remaining stubbornly above those in the wider Auckland region. According to Quotable Value data released yesterday, Queenstown's July values are at $1.09 million, $44,500 above wider Auckland's $1.04m. In saying that, eight suburban Auckland...

Fast-track fail

Builders, investors and speculators have elbowed first-home buyers out of Queenstown's first special housing area. A Mountain Scene analysis shows only 39 of 135 sections – less than 30 per cent – at fast-tracked subdivision Bridesdale Farm are owned by...
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...

$100m luxury hotel plans

An American developer is making a Queenstown comeback, with plans for a $100 million luxury hotel complex near Skyline's gondola. Kevin Carlin – who developed The Waterfront apartments 20 years ago and then the exclusive Lakeside Estates subdivision – lodged...

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...

$60m hotel plan

An Australian developer wants to spend $60 million-plus on a new hotel at the entrance to Queenstown. Pro-invest Group has lodged plans with the local council for an eye-catching 227-room Holiday Inn Express, breathing new life into a prominent plot...
An earthquake-triggered landslip damming the Shotover River is being advanced as a reason to reject a planned fast-tracked housing development. University of Canterbury geologist Prof Tim Davies says the risk of such a landslip has been ''potentially underestimated'' and the...

Hanley’s list scrapped

A developer is calling time on a $2000-deposit waiting list for Queenstown sections. Melbourne-based RCL Group says the registration database for subdivision Hanley's Farm is too big. It's releasing stage four of the development in April to those on the list...

$10m hotel build

Consent's been lodged for a new Queenstown hotel, which will cost up to $10 million. Builder Russell Lund, of Dunedin, wants to build two five-level buildings beside The Sherwood at Goldfield Heights. Lund says his primary aim is to help alleviate...

Church plans new chapter

A new church at Frankton could include a sports field, indoor court, hostel, playground and more than 30 residential units. Wakatipu Community Presbyterian Church has submitted plans to City Hall to build new digs by State Highway 6. Church reps don't want...
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