Simplicity Living expands south with $500m Queenstown housing project

The Queenstown property acquired by Simplicity Living. (Image: Simplicity)

Thu, 14 Aug 2025

Simplicity Living is planning a $500 million development in Queenstown – its largest project to date, and the first outside Auckland.The build-to-rent (BTR) developer, which acquired the 6.1ha property on Ladies Mile for an undisclosed sum, plans to build up to 600 homes on the site.Managing director Shane Brealey said the company, which is owned by funds managed by KiwiSaver provider Simplicity, had been looking for sites in Queenstown for a couple of years.“As one of the most unaffordable and constrained housing locations in New Z...

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