Up to Date

  • Bed tax battle lines

    Two accommodation giants are taking different approaches in the bed tax debate, as a lobby group of local providers up the rhetoric on social media. Airbnb are proving perhaps unlikely allies for Jim Boult, having been under the gun from council in the past few years. Commissioners watered down a … Read more

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  • Out for the count in the CBD

    Levelling-off of pedestrian numbers is the main feature of Colliers International’s latest Queenstown CBD foot traffic count. The agency’s done counts across the CBD during a March day for the past 15 years – counting pedestrians for half-hour periods at 10am, 3pm and 8pm. Last year’s record count was nearly … Read more

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  • Growth towns in NZ: Cromwell’s new boom

    Cromwell has known booms and busts since it was founded by goldminers. Now there’s a new rush going on, with people flocking to the town once again – and Cromwell is struggling to keep up! Today, the town’s boundary is bulging, its margins expanding as it copes with rapid development. There are … Read more

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  • Motel property rare offering

    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 the land, the buildings and the business are selling … Read more

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  • One of New Zealand’s finest homes for sale

    Possibly New Zealand’s most exclusive address, 54 Twin Peak View sits within Wyuna Preserve, an exclusive gated community 30 minutes drive from Queenstown, New Zealand. The private and secure Twin Peak View home is housed on one of only 34 outstanding parcels of land in Wyuna Preserve, a simply breathtaking development … Read more

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  • Hanley Downs 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 latest release, the first in 16 months, pre-registered buyers … Read more

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  • Update on the overseas investment bill

    The Overseas Investment Amendment Bill is currently before Parliament and seeks to amend the Overseas Investment Act 2005. The Bill is designed to ensure investments made in New Zealand by overseas persons have a benefit to New Zealand. The “Benefit to New Zealand” as currently drafted states that the overseas … Read more

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  • Cycle trail linking Queenstown, Central Otago and Wanaka assured with $13m spend

    The Government has confirmed a $13 million contribution towards a Queenstown-Central Otago cycle trail that is expected to create 329 full-time jobs. Central Otago Queenstown Trails Steering Trust steering group chairman Stephen Jeffery welcomed the money and said it assured the future of the $26m project. The funding was promised by then-Prime Minister John … Read more

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  • Southern housing soaring

    Housing value growth rates around 10 per cent across Queenstown, Dunedin, and Central Otago remains about double the national annual average, as much of the rest of the country is in single-digit growth. Dunedin is bucking a national trend, as investors seek residential properties to buy, as rentals for families. … Read more

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