Mt Cardrona Station banks on $1.45m fixed-priced baseline for homes

Mt Cardrona Station banks on $1.45m fixed-priced baseline for homes
The high-country development is showing signs of progress after 17 years. (Image: MCS)
Brent Melville
It’s not exactly 'ski in, ski out' but the Mt Cardrona Station sales team is banking on the appeal of an early ski season to stimulate sales into the $650 million development.Developers of the 400-hectare high-country project near Cardrona Alpine Resort have also now rolled out a fixed-price home package, in the face of challenging market conditions and interest rate hikes.Sales for what will eventually be a sprawling 400-home alpine suburb have thus far extended to 45 land or land-and-home packages, about $50m worth of sales, wit...

More Property

Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025