Queenstown home expected to fetch $13 million
A "knock-out" property in one of Queenstown's most desirable locations is expected to fetch $13 million.
The brand-new, 435sqm home overlooking Drift Bay with 100m-plus of lake frontage, has direct access to a secluded beach.
Designed by award-winning local architects Kerr Ritchie, it was built over two years by Queenstown's also-award-winning Form Construction for a Sydney property investor.
It's being marketed by local New Zealand Sotheby's International Realty sales associates Matt Finnigan and Russell Reddell.
Finnigan describes the property as "stunning".
"I just can't think of another site in Queenstown that is pure north-facing over the lake, no road in front.
"For me, that's probably the knock-out."
With that location, he adds, "you get the longest out of the afternoon sun out of anywhere I can think of in Queenstown".
The home has three double bedrooms plus a guest suite that sleeps up to five.
Construction features include tilt slab concrete and timber frame, cedar batten ceiling and large-format Italian flooring tiles.
There's also an outdoor spa and plunge pool.
Finnigan calculates there's 3641sqm of native landscaping between the home and Kingston Rd.
Vendor expectations, he notes, are "in the vicinity of $13 million".
"We've been very active with viewings, so that's encouraging."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NZ Herald
2 days ago
- NZ Herald
Sir Michael Hill remembered – and the tragedy that sparked a business empire
Born in Whangārei in 1938, Hill was educated at Whangārei Boys High School before leaving at the age of 16 to become a concert violinist. When his musical ambitions didn't work out, Hill began working for his uncle at the family jewellery store. 'My parents and uncle demanded I give up this folly and get a real job,' said Hill. Sir Michael Hill in 2019. Photo / Michael Craig He took over the store's newspaper and radio advertising, where he began to draw attention to the business with what became his signature style. That knack for advertising came in very handy when Hill launched his own store. 'Hello, Michael Hill – Jeweller,' his television advertisement would always begin – sparking imitation from viewers in living rooms across the nation. Ambitiously, Hill aimed to open seven stores in his first seven years of business. By 1986 he'd opened eight. The following year he floated his company on the New Zealand Stock Exchange and drew enough capital to launch in Australia. The company now has over 200 stores across New Zealand, Australia and Canada – according to its website. With him through every step of the way has been his wife, Christine. The pair had met at the family jewellery store. Married in 1965, the couple recently celebrated their 60th wedding anniversary. They have a son – Mark, and daughter - Emma. Emma Hill has long been part of the family business and remains a director – having been executive chair from 2015-2021. Emma Hill followed in her father's footsteps and was executive chair of the business from 2015-2021. Photo / Mark Mitchell Emma Hill spoke to the Herald earlier this year about her role in the family business and her parents' impact on her own career. 'I've always drawn great strength from Dad's boundless enthusiasm and positive outlook to business, and from my mother's incredibly pragmatic advice.' Despite his overwhelming success – the bespectacled businessman also had his failures. In 1992 he launched his ill-fated footwear business, Michael Hill Shoes. Hill bought out a small Christchurch chain of high-end, Italian footwear and launched the previous owner, who stayed on, into the quite different world of mid-range, fast-turnover footwear. In his autobiography, Hill analysed what went wrong. '[It] turned out to be a series of colossal mistakes,' he wrote. He'd put the jewellery chain manager in charge of the shoe operation, meaning he couldn't focus fully on either job. Nine shops opened across the country in quick succession instead of concentrating on getting one region right first. He also confused his customers by naming the stores Michael Hill Shoes and putting them next to the jewellery stores. Hill pulled the plug on the faltering sideline early in 1994. Michael Hill, golfer 'Michael Hill, golfer' was a far more successful enterprise. The Hills golf course in Arrowtown opened in 2007 but it had been in the works for several decades before that. Michael and Christine 'fell in love with the Arrowtown area' during a holiday in the 1980's. They then purchased farmland on McEntyre's Hill to build their home. They continued to acquire surrounding farmland over the following three decades. Michael had a putting green built in his front garden and then expanded it with tees and bunkers to form several par three holes. Now The Hills has 18 holes and the championship course has hosted the New Zealand Golf Open – and is among the most exclusive golf clubs in New Zealand. In typical Hill fashion the course is utterly unique, featuring large-scale sculptures on many holes – some created by Hill's son, Mark – an acclaimed artist. Then Prime Minister John Key with Sir Michael Hill at the Hills Golf Course in Queenstown in 2010. Photo / file 'The Farm', an additional 9-hole par 3 course, opened in 2019 and winds its way close to the Hills' family home. Last year, the Hills entered a partnership with US private equity investor Ric Kayne and business partner Jim Rohrstaff, the duo behind Tara Iti and Te Arai Links near Mangawhai, to redevelop The Hills. 'It took me 40 years and a house fire' When Hill was knighted in 2010, he told the Herald it was 'a great responsibility' and that people would look to him 'as a role model'. He offered one piece of advice - to 'find a goal'. 'It's the most difficult thing to have. It took me 40 years and a house fire to do it,' said Hill. 'It makes an enormous difference. Once we start moving, everything starts to gravitate towards you. It's like a surfer struggling to get a wave, then you push yourself a little and you're moving.' Hill will be remembered as a businessman who built a global brand from the ashes of his home and never lost aspiration. 'Here's another thing I have learned in life: nothing is perfect. That's what keeps you striving for more.'
Newsroom
3 days ago
- Newsroom
Legal fight over when a dog is a trademark – it's just barking
Nightwear company Peter Alexander has blocked an Italian clothing label from trademarking a sausage dog featured in its prospective New Zealand branding, claiming it is too similar to its own dachshund mascot 'Penny'. Daniele Ondeggia, the head of Italian casual clothing label Harmont & Blaine, applied to New Zealand's intellectual property office to trademark its logo featuring a dachshund named 'Blaine' in 2022. Harmont & Blaine is based in Naples and has stores throughout Europe and in North America.
NZ Herald
23-07-2025
- NZ Herald
Free rent, free bike – but would you move to East Germany?
Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech. Eastern block charm: Residential complexes in Eisenhuettenstadt. Photo / Getty Images Opinion Like many Europeans, you too have probably daydreamed about picturesque Italian villages where you can buy a house for just a couple of New Zealand dollars. Italian village authorities have been offering up properties for as little as one euro in order to keep their towns alive as youngsters move to big cities and the elderly have nobody to leave their rustic homes to. Facing the same sorts of issues, small towns in France and Croatia have launched similar schemes. And now the Germans are trying to get on the act, too. Well, sort of. In typical German style, it's not quite as wildly romantic as a one-euro shanty on a French mountainside. Instead, municipalities in rapidly depopulating former East Germany are promoting what they call Probewohnen, or 'trial residency'. Hundreds have applied for an apartment, at no or minimal cost, for several weeks. The idea is that they get a taste of life in the East and then potentially decide to stay. Goerlitz, a town on the border with Poland, has had a scheme like this in various forms since 2015. Other towns have caught on more recently. Last year Guben, population 16,000, started its own version – besides an apartment, the city will even give you a bicycle to get around on. Later this summer, Eisenhuettenstadt, population 24,000, will welcome its first trial residents. Other East German cities, including Frankfurt an der Oder, Wittenberge, Dessau-Rosslau and Eberswalde, have also flirted with temporary tenants. Tangible results are hard to come by. Surveys by the Leibniz Institute of Ecological Urban and Regional Development suggest 47% of the temporary residents in Goerlitz 'could imagine moving there'. Nobody seems to know if they ever actually did. In Guben, around 13 families out of 48 have stayed. In Frankfurt an der Oder, six tenants out of 20 signed permanent rental contracts. Some folk do love the idea. As one wannabe Goerlitz-er, interviewed by the Liebniz Institute, explained, 'I like Goerlitz a lot because it's still a city – but without those big city problems.' On the other hand, those crumbling Italian and French villages do conjure up bucolic, olive oil-drenched visions: baguettes for breakfast, quaint locals, romantic misunderstandings and sun-sweetened tomatoes, with lashings of red wine, for lunch. Eisenhüttenstadt, built in the 1950s as a model socialist city and once called Stalinstadt, offers a greying collection of Soviet-era prefab apartment blocks in a park-like setting. Good times for fans of Brutalist architecture. But would you really want to live there? There's something even worse lurking in former East Germany. It's here that the country's far-right party, Alternative for Germany or AfD, is particularly popular. The AfD, with its xenophobic policies, got at least a third of all votes in these areas in the last federal elections. In Goerlitz, the AfD – chapters of which are under observation by domestic spy agencies for their extremist tendencies – got almost 49%. Germany is already having problems attracting people to fill labour shortages caused by its ageing population. Around 400,000 people annually are needed here to remedy those. But at the same time, the most recent research by the Institute for Employment Research at Germany's Federal Employment Agency shows that one in four immigrants is considering leaving town. Two-thirds of around 50,000 immigrants polled said they had experienced discrimination, especially in interactions with authorities, police and at the workplace. Another third said they'd never felt welcome in Germany. And then, they add, there's the stifling bureaucracy, the high taxes and huge health insurance bills. Can a free bike and two rent-free weeks combat all that? Seems unlikely. Cathrin Schaer is a freelance journalist living in Berlin.
