real estate

Foreign buyer ban to bite

A Queenstown lawyer's in no doubt the resort's property market will be disproportionately affected by the Labour-led government's foreign buyer ban. The Overseas Investment Amendment Act, aimed at improving housing affordability for Kiwis, takes effect today. From then onwards, only New...

Prime spot with grand view

A major development opportunity beckons with a landmark central Queenstown home and neighbouring property jointly on the market. The four-level, five-bedroom, 500 square metre brown house on the corner of Ballarat and Henry Streets, a stone's throw from the CBD,...
A premium Queenstown motel property is on the market for the first time in 25 years. By the Frankton Road gateway to the CBD, family-owned-and-managed Queenstown Motel Apartments is for sale by tender, closing November 8. What's reasonably rare is that...

Frankton office space sprouting

Office space is about to almost double at Queenstown's fast-growing Frankton Flats. Currently there's about 9000 square metres of fully-leased space between Terrace Junction, Remarkables Park and Five Mile. By year's end there'll be another 8000sqm or so – spilt evenly...

Hanley’s demand continues

A 102-section sell-out at Hanley's Farm proves there's still massive demand for Queenstown residential land. Sales at the subdivision – between Frankton and Jack's Point – have now jumped from 257 to 359, though there's zoning for 1400-odd more. In the...
A 90 square metre Queenstown apartment sold at auction last week for a head-turning $1.399 million – that's about $15,500 per square metre. The price, which well exceeded expectations, is one of the highest ever paid for a Queenstown apartment...

Promoting healthy houses

An Arrowtown building scientist is scathing about deficiencies in New Zealand's building code in terms of energy efficiency and healthy homes. Denise Martin, who specialises in testing buildings for airtightness, is a member of a Queenstown collective promoting the New...

Changing face of Fernhill

The first stage of an ultra-modern unit development in the midst of one of Queenstown's oldest suburbs has hit the market. Jade Lake Queenstown is designed to accommodate 120 houses and units over 2.2 hectares, including an innovative 'Bridge House'...
Kath Evans has enough furniture to fill 15 houses. But the businesswoman isn't a property tycoon or a hoarder – for five years she's been kitting out other people's empty homes to help them sell. Vendors and real estate agents 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...
A Queenstown industrial building on the market is expected to be highly sought after due to the acute local shortage of this type of property. Infrastructure company Civil Construction's base, off Frankton's Glenda Drive, is for sale through Colliers International. The...

Builders nail top awards

Queenstown builders scooped the major awards at the recent Southern Registered Master Builders 2018 House of the Year competition. AJ Saville Builder won seven awards including the prestigious supreme award and gold & category awards for a 'new home over...
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