Roy Thompson

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...
Queenstown Lakes Community Housing Trust can buy 50 apartments in Frankton, after securing funding from Westpac bank. As reported in the Otago Daily Times last week, the not-for-profit social enterprise lost the chance to secure  financial backing from  an overseas...

$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...
Queenstown's council has given fast-tracked approval for a $30 million-plus, 143-unit worker housing complex in the resort. But developer New Ground Capital has hit a wall – or rather, a cliff face. The company, spearheaded by Queenstowner Roy Thompson, lodged a resource...

$30m worker housing fix

A $30 million-plus worker housing complex is proposed to combat Queenstown's crippling short-term rental crunch. A company headed by part-time Queenstowner Roy Thompson this week lodged a resource consent application for two six-storey buildings on Gorge Road, close to the...
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