First home with a majestic view for only $650k near Queenstown

First home with a majestic view for only $650k near Queenstown
Affordable scenic views at the Longview development in Lake Hawea.
Paul McBeth
Developers are trying to lure first-home buyers with the prospect of $650,000 new builds in and around Queenstown.Affordability is a catch-cry in a region better known to the rest of the country for its multi-million dollar estates, with sprawling lake views and mountainous landscapes.However, the region is still struggling to keep pace with a growing population – despite the existential crisis facing tourism operators reliant on international visitors – with Queenstown Lakes the third busiest consenting territory in the South Islan...

More Property

Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025
Senior Trust offeror gets a serve from FMA
Property

Senior Trust offeror gets a serve from FMA

Senior Trust has been paying returns with new investor funds and borrowings.

Maria Slade 26 Jun 2025
Du Val build-to-rent properties sold, PwC says
Property

Du Val build-to-rent properties sold, PwC says

The 171 units in May Rd and McKenzie Rd were bought in 2021 for $35m.

Maria Slade 23 Jun 2025
Auckland's multibillion-dollar midtown moment
Economy

Auckland's multibillion-dollar midtown moment

Auckland's midtown area is the target of several multibillion-dollar investments.