Real estate property sales, rental and management · Queenstown

Big spend-up on worker digs

Queenstown’s housing crisis has forced a tourism giant and a developer to pursue worker digs. Gondola operator Skyline Enterprises and Queenstown Country Club developer Sanderson Group have moved to provide their own accommodation. And Queenstown’s council is nudging others to do the same. Mountain Scene understands Skyline spent about $1.7 million … Read more

$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 CBD. There’ll be 143 rental units, comprising studio and one-bedroom … Read more

Linksgate takes shape

Arrowtown’s first new subdivision for about 15 years is hitting the market as news comes that the historic township has become Queenstown’s second million-dollar suburb. Linksgate – developed by Christchurch-based Suburban Estates – comprises 24 sections off Manse Road. They’re selling for between $599,000 and $699,000. Company manager Tracey Watson … Read more

$100m Frankton plan OK’ed

Construction of a $100 million retail and hospitality town centre on Queenstown’s fast-exploding Frankton Flats starts late this year. Auckland developer Queenstown Central Ltd last Friday gained resource consent for its proposed 4.7-hectare complex, opposite the Grant Road entrance to the Five Mile shopping centre. Earthworks started this week. Canterbury … Read more

Queenstown’s Five Mile set to open

Retailers are gearing up for opening after contractors handed over the first part of Queenstown’s Five Mile development creating more than 200 new jobs. Countdown, Briscoes, Rebel Sport, Warehouse Stationery, Number One Shoes and a new Dick Smith store, all open on October 22 in time for Labour Weekend. An … Read more

Queenstown house prices jump almost $100,000 in three years

The housing market in Queenstown is red hot, prices have jumped by $75,000 in three years and the value of residential transactions is approaching pre-recession levels. An increase in the resident population is driving land and house prices up while available rental stock is all but drying up amid a construction … Read more

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