property

$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...

Rugby stars buy big in resort

Two All Black stars are building a luxury holiday home in one of Queenstown's most prestigious subdivisions. It's understood Beauden Barrett and Israel Dagg have bought a $2 million-plus house off the plans at Lake's Edge, by the Hilton hotel...

Big bucks bay

A swanky subdivision with a dozen $2 million-plus sections will kickstart a major new lakeside development near Queenstown. Murphy's Development Limited wants to build a 12-lot subdivision near Jack's Point golf resort. It's the first stage of a $100 million development...

Education hub rubbed out

A huge education and technology campus planned near Queenstown's Jack's Point is dead in the water. Just as council experts were lining up to rail against the plan, its main supporter, the Jacks Point group of companies associated with developer...
It's no wonder Queenstown properties are being snapped up as holiday lets. A Frankton Road house controversially auctioned off by Housing New Zealand can now make twice as much in one night as it did in a whole week. The house,...

$30m worker digs axed

A developer's canning a central Queenstown worker housing complex just as problems accommodating hospo staff hit crisis point. New Ground Capital boss Roy Thompson says his company's pulled the pin on its 143-unit, $30 million-plus project because it can't make the...

Lakefront lap of luxury

A premium five-unit development is tapping the demand for luxury apartments close to downtown Queenstown. Located off Frankton Road, beside Oaks Club Resort, James Lloyd Apartments will be an easy walk to the CBD, either alongside the highway or via...

$18.5m land grab

In a market critically short of visitor accommodation, a Singaporean family company plans to build two tourist hotels in central Queenstown. Well Smart Group, a hospitality real estate investment and development company, last month bought a 5101 square metre hotel development...
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