Certificate of Title

Queenstown Market

As Queenstown, and in particular the CBD, emerges from the impacts of Covid 19, we are seeing a return of confidence from investors in the medium to long term security and growth prospects of Queenstown’s Commercial Property sector.

After an initial period during 2020 of adjustments in CBD rents and some vacancies, we are now seeing a return of retail leasing activity and interest from quality tenants including the Australasian retail brands.

The majority if CBD rents are now back to pre Covid rents and the area is enjoying very strong winter tourist numbers.

There have been recent sales in the CBD representing yields of less than 4%. This supports the low yields historically achieved in the CBD as a result of the scarce and tightly held nature of the downtown area.

Please contact us should you wish to view further details on historical sale evidence within Queenstown.

Certificate of Title