New Listing – Combings Farm, Lake Wanaka

Exceptional privacy and stunning lake and mountain vistas

Sale by Public Tender. Closing 2pm, Thursday 8th October 2015.

This is a unique opportunity for the astute purchaser to secure two of the most stunning building sites and waterfront land holdings available in the Southern Lakes region.

Combings Farm is a 137 hectare lakefront land holding within close proximity to world class ski fields, Wanaka township and the World Heritage Mount Aspiring National Park.

For more information regarding this property please follow the link to:
Combings Farm, Lake Wanaka 


New Listing – 29 Panorama Terrace, Queenstown

Visualisation of interior for homes at Panorama Terrace

Four new stunning luxury homes are being built at 29 Panorama Terrace, all with expansive views over Lake Wakatipu and across to Kelvin Heights Golf Course.

With a Scandinavian feel to the interiors and a mix of fine timber and glass cladding to take in the stunning views, these homes tick all the right boxes.

For more information regarding these homes please follow the link to:
29 Panorama Terrace, Queenstown 


New Zealand Property in Pictures

2.5 years of property in NZ  sources: unconditional.co.nz and realestate.co.nz

The picture above illustrates the upward trend of New Zealand residential property prices since 2013 according to realestate.co.nz listing dates between January 1 2013 and June 30 2015.

Coromandel house prices rose 35% per square metre, while the central North Island has had a drop in price of 6%. As expected there has been a dramatic increase in Auckland housing prices while prices have risen more moderately in the South Island in general.

 


Bay of Islands-Based Luxury Real Estate Photographer Wins Gold

GOLD – Fairy Prion and Shearwater by Dean Wright

Dean Wright entered three landscape images in the NZ Institute of Professional Photographers Iris Awards. Two of these won awards including one gold and one bronze.

Dean’s gold award photo of a large flock of birds is a cocktail mix of Fairy Prions (lighter coloured heads) and Fluttering Shearwater working schools of Trevally and Kahawai feeding on krill just south of the Mokohinau Islands.

The annual Iris Professional Photography Awards is New Zealand’s only professional photography competition. The aim of these print awards is to recognise and honour the best in contemporary photography from New Zealand and overseas professionals.


SOLD – 70 Panorama Terrace, Queenstown

Sold – Substantial residence with sensational views

This elevated, substantial 450m2 plus residence sits high above Lake Wakatipu with sensational and unobstructed views to the Remarkables, Cecil and Walter Peaks and the surrounding ranges.

Great entertaining and a modern feel were at the forefront of the design guidelines for this home. The top floor has an open plan kitchen/dining area with floor to ceiling windows allowing natural light to enter in abundance. Two large lounges with their own balconies and access to the back courtyard with its unique schist back wall flank the kitchen and dining area.

The second level has four bedrooms, which includes the master with its own walk-in wardrobe and ensuite. Centrally located on this floor are two guest bedrooms sharing a bathroom with shower/bath configuration.


Hotels enjoy increase in visitors

Hotels benefit from increase of visitors to Queenstown

Research for the Tourism Industry Association of New Zealand shows resort hotels collectively recorded their highest annual occupancy and average daily rates in five years. The national annual occupancy rate for 2014 was 75.7%, up 3 points on 2013, and the highest in the last five years. Auckland achieved the highest annual occupancy rate of 82.2%, followed by Wellington (74.6%) and Dunedin (73.6%).

Chris Roberts, chief executive of the TIA says Queenstown’s performance resulted from improvements in the New Zealand economy and an increase in international visitors. Events and conferences have also contributed to the increase in visitors to Queenstown. Tourism has contributed $121 million to the region through wages and salaries, food and beverage purchases, council rates and other expenditure

Positive trends have continued in 2015 and as a result more hotel developments are underway, and there is reinvestment with a number of the region’s hotels undergoing refurbishment.

 

Luxury Ski Experience

Skier enjoying spectacular views and powdery snow

August is the best time of year in Queenstown for skiers looking to make the most of powdery snow and sun.

Spectacular roller coaster terrain makes Coronet Peak ski area one of New Zealand’s most exciting ski resort  destinations. It is a must do activity for any Queenstown visitor and a firm favourite amongst locals. Coronet peak has varied terrain suitable for all abilities from gentle beginner slopes to back bowls used by racers for circuit training.

Thirty per cent of the ski area terrain on both Coronet Peak and Remarkable’s mountains is advanced and then there’s plenty of piste terrain to explore as well.


Frank Gehry’s University of Technology, Sydney

Staircase designed to encourage the movement of both people and ideas

Frank Gehry’s Australian debut which opened for classes in February has been compared to everything from a crinkled paper bag to a termite’s nest. However, it’s hard not to envy the students who occupy this attractive, interactive “high-touch” learning environment.

Gehry’s concept for the the 11 story building was a treehouse—“a growing, learning organism with many branches of thought.” Several staircases, like the polished-steel focal point, were designed to encourage the movement of people and ideas.

“Frank Gehry has created unique spaces to inspire a life-long love of learning, enable completely new educational experiences and enrich UTS’s approach to research,” Professor Brungs said. “It is a building designed to encourage the sharing of ideas among students and staff alongside our industry and community partners.”


Revised Price: Stonebridge Land, Queenstown

North-facing site with breathtaking views

Lot 8 is a very desirable north-facing site, positioned slightly forward of the surrounding neighbours. To the north of the building platform is a large greenfield area which is covenanted and will never be developed, protecting views and ensuring privacy.

The land is of flat contour and has breathtaking views out to Coronet Peak, the Remarkables mountain range and across beautiful rural vistas. Extensive landscaping is already completed including mature trees, gardens, hedges, an apple tree orchard and a feature pond.

For further information regarding this land please follow the link to:
Stonebridge Land, Queenstown


Reserve bank cuts OCR to 3%

OCR drops to 3% with softening economic outlook

Reserve Bank governor Graeme Wheeler this morning cut the official cash rate from 3.25% to 3.0% and indicated further cuts are on the way.

Canterbury reconstruction “appears to have peaked, and the world price for New Zealand’s dairy exports has fallen sharply.”

“New Zealand’s economy is currently growing at an annual rate of around 2.5%, supported by low interest rates, construction activity, and high net immigration,” he says.

Auckland house prices are still rising at a rapid pace as demand remains high relative to the build rate for new dwellings.


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