Top-rated Queenstown home sells for a staggering price

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A prominent property overlooking Queenstown’s CBD was sold to a local buyer for $ 3.1 million plus GST.

The two-story character house at 10 Man St recently served as the police station for the first two locally shot crime thriller series. One lane bridge.

Previously, it housed a language school for many years.

The Auckland-based seller had owned the property since the mid-90s but decided to sell due to “changed circumstances”.

The sale was negotiated by local New Zealand agents of Sotheby’s International Realty Dave Fea and Mel Rogers.

Their sales pitch highlighted the prime location of the 339 square meter site, between the steps of Brecon St and the Man St car park, just down from the Skyline gondola, as well as its
valuable downtown zoning, and therefore potential for redevelopment.

However, Fea says the new buyer intends at this point to keep the building, which is believed to date from the early 1960s.

Meanwhile, a Queenstown CBD property in Beetham St, bordering the site of a new civic and cultural center, sold under the hammer on Thursday for $ 3,225,000, nearly $ 1 million more than its assessed value.

Rodney Green, one of the sellers of the six-bed, 875 m² section, says it’s a “good result” and he looks forward to seeing what the buyer will do with the place.

“We are happy to see that the place will progress.

“If we had been 30 years younger, we would have done it ourselves.

His late parents, George and Hannah Green, built the house for their retirement after buying the land for $ 25,000 in 1972.

It had been rented for about a decade since their deaths.

It bordered the city’s public swimming pool and the former Queenstown Primary School, which later became the High School.

The property sits within the downtown limits of the resort town, so it can be developed for commercial, commercial, residential or visitor use.

It will ultimately be bordered by two major developments: a downtown thoroughfare that began construction last week and a civic, cultural and office complex that Queenstown Council and Ngai Tahu plan to start building in 2026.


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