Information Memorandum Unit 17, 183-193 Glenda Drive | Frankton Queenstown
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Unit 17, 183-193 Glenda Drive Frankton, Queenstown Colliers have been appointed exclusively to offer Unit 17, 183-193 Glenda Drive, Frankton For Sale by Auction at 11am Wednesday 16 September 2026 (unless sold prior). This information Memorandum provides preliminary information to assist interested parties with their assessment of the property. Data room documents available: • • • •
Information Memorandum Pre-contract disclosure document Record of Title Sale and Purchase Agreement
Further information is available online with the secure dataroom. All enquiries, requests for information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents.
Anna Rawling Broker +64 22 492 5700 anna.rawling@colliers.com Jak Stevenson Sales Associate +64 21 133 6505 jak.stevenson@colliers.com
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This property is being offered For Sale by Auction at 11am, Wednesday 16 September 2026 (unless sold prior).
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Contents 7
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Executive Summary
Investment Highlights
The Building
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Queenstown Industrial Market
Zoning
Photo Gallery
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Record of Title
Auction Process
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Executive Summary Key Property Information Address Unit 17 183-193 Glenda Drive, Frankton, Queenstown Tenure Stratum Estate in Freehold (Unit Title) Legal Description Unit 17 Deposited Plan 351513 Record of Title 210932 Floor Area Total: 180m² (more or less) • Ground Floor office & Showroom: 90m² (more or less) • First Floor Office & Apartment: 90m² ( more or less) Zoning Industrial A Zone under the QLDC Operative District Plan Car Parks 3 car parks Lease Vacant Possession Sales Process For Sale by Auction at 11am, Wednesday 16 September 2026 (unless sold prior)
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Investment Highlights Prime Frankton Industrial Location Well positioned within the Shotover Ridge Business Park, at the heart of Queenstown’s tightly held Frankton industrial precinct.
Owner-Occupier Opportunity The property is being sold with vacant possession.
Mixed-Use Functionality The Industrial A zoning permits residential activity in the upstairs part of the property, above the commercial activity below.
Tightly Held Complex Opportunity to acquire a property within a highly sought-after complex, with limited supply supporting strong capital growth potential.
Car Parking Three allocated car parks at the front of the property.
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The Building Key Information Total Floor Area
180m² (more or less)
Car Parks
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Zone
Industrial A Zone
Constructed
2008
Property Overview Positioned within the tightly held Shotover Ridge complex, the property comprises a modern 180m² (more or less) unit split evenly across two floor plates comprising approximately 90m² each. Currently used by the owner as storage on the ground floor with a residential use tenant above. Accordingly the property is being sold with vacant possession. The market rental appraisal for the unit, based on recent comparable transactions is estimated to be between $65,000 - $75,000 pa plus Opex & GST. A key point of difference is the property’s flexible zoning, which allows for commercial use across both levels or a combination of commercial downstairs with associated residential accommodation above — a highly desirable feature within the Frankton market. *Note: Purchasers should take their own independent advice on permitted uses, planning and GST prior to attending the auction.
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Queenstown Industrial Market While most of New Zealand has seen a slow-down in their respective markets, Queenstown has remained resilient. This has stayed firm with recent interest rates reductions, as investors seek growth assets in stable commercial markets. In the industrial sector, this is supported by a shortage of available industrial land to develop, meaning the Queenstown market is mostly constrained to the available built product. Closely linked to this, the tenant demand for industrial space far outweighs the limited supply, leading to the Frankton industrial market having the lowest vacancy rates on record. This shortage of industrial properties for lease, and the high cost of construction of new buildings, is resulting in rising rents as tenants compete for space. The ongoing population and tourism growth is seeing continued demand for commercial and industrial property that shows confidence in the long term growth prospect for Queenstown.
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Zoning Operative District Plan Under the Operative District Plan, the subject property is zoned Business Industrial A, allowing for a wide range of commercial, light industrial, and service-based uses. The zone is designed to support the ongoing viability of activities such as processing, storage, and the retailing of bulky or large-format goods, as well as vehicleoriented services. Permitted activities include those that comply with the relevant zone and site standards, while buildings and outdoor storage areas may proceed as controlled activities, subject
to landscaping and visual impact considerations. One residential unit is permitted per site, for on-site custodial management — a feature that complements a live-work occupancy. Uses such as visitor accommodation, standalone residential units, and offensive trades are noncomplying or prohibited. Overall, the zoning promotes long-term commercial and industrial use while protecting the integrity and performance of the wider business precinct.
Proposed District Plan Under the Proposed District Plan, the property is located within the General Industrial and Service Zone, which is designed to support the long-term operation and viability of industrial and servicebased activities. The zone enables a broad range of uses including manufacturing, logistics, vehicle services, trades, warehousing, and associated outdoor storage, while also allowing for ancillary office, retail, and food and beverage services that support the daily needs of workers and visitors. Activities such as commercial recreation, residential accommodation, large format retail,
and sensitive land uses are either non-complying or prohibited, reflecting the intent to maintain the industrial and service character of the zone and avoid reverse sensitivity effects. Existing lawfully established commercial uses under previous planning rules may continue within defined parameters. Overall, the zoning provides a stable planning environment for industrial investment, with a clear focus on preserving industrial land supply and protecting operational efficiency from incompatible land uses.
Note: It is the responsibility of interested parties to seek and undertake their own independent advice when completing due diligence.
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Record of Title Unit 17, 183-193 Glenda Drive | Frankton, Queenstown
RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 UNIT TITLE Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017
210932 Land Registration District Otago Identifier
Date Issued
17 January 2006
Prior References 264448 Estate Legal Description
Supplementary Record Sheet 264662 Stratum in Freehold Unit 17 Deposited Plan 351513
Registered Owners Geoffrey Leslie Bradley, Christine Alice Bradley and Anderson Lloyd Trustee Company (2013) Limited The above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and on the relevant unit plan and supplementary record sheet 5948208.6 Encumbrance to Shotover Park Limited - 29.3.2004 at 9:00 am (affecst the land formerly contained in CT 118210 and 118211) 5983985.4 Encumbrance to Shotover Park Limited - 29.4.2004 at 9:00 am (affecst the land formerly contained in CT 118212) 6170322.3 Encumbrance to Shotover Park Limited - 5.10.2004 at 9:00 am (affects the land formerly contained in CT 154284)
Transaction ID 9825644 Client Reference jstevenson008
Guaranteed Search Copy Dated 06/08/26 9:28 am, Page 1 of 7 Register Only
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Identifier
Transaction ID 9825644 Client Reference jstevenson008
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Transaction ID 9825644 Client Reference jstevenson008
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Transaction ID 9825644 Client Reference jstevenson008
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Transaction ID 9825644 Client Reference jstevenson008
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210932
Identifier
SUPPLEMENTARY RECORD SHEET UNDER UNIT TITLES ACT 1972 Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017
264662 Land Registration District Otago Identifier
Date Issued Plan Number
17 January 2006 DP 351513
Subdivision of Lot 42-44 Deposited Plan 328960 and Lot 45 Deposited Plan 337572 Prior References 264448 Unit Titles Issued 210918 210922 210926 210930 210934 210938
210919 210923 210927 210931 210935 210939
210920 210924 210928 210932 210936
210921 210925 210929 210933 210937
Interests OWNERSHIP OF COMMON PROPERTY Pursuant to Section 47 Unit Titles Act 2010 (a) the body corporate owns the common property and (b) the owners of all the units are beneficially entitled to the common property as tenants in common in shares proportional to the ownership interest (or proposed ownership interest) in respect of their respective units. The above memorial has been added to Supplementary Record Sheets issued under the Unit Titles Act 1972 to give effect to Section 47 of the Unit Titles Act 2010. Subject to a right (in gross) to drain sewage over part marked F, G and H on DP 328960 and A on DP 337572 in favour of Queenstown Lakes District Council created by Transfer 5007407.5 - 26.10.2000 at 9:00 am The easements created by Transfer 5007407.5 are subject to Section 243 (a) Resource Management Act 1991 Subject to a right (in gross) to convey gas over part marked F, G and H on DP 328960 in favour of Shotover Park Limited created by Easement Instrument 5882964.5 - 2.2.2004 at 9:00 am Land Covenant in Transfer 5948208.5 - 29.3.2004 at 9:00 am (affecst the land formerly contained in CT 118210 and 118211) Land Covenant in Transfer 5983985.3 - 29.4.2004 at 9:00 am (affecst the land formerly contained in CT 118212) Land Covenant in Transfer 6170322.2 - 5.10.2004 at 9:00 am (affecst the land formerly contained in CT 154284) Land Covenant in Transfer 6349860.1 - 17.3.2005 at 9:00 am (affecst the land formerly contained in CT 118210, 118211 and 154284) Land Covenant in Transfer 6488242.2 - 8.7.2005 at 9:00 am Subject to a right of way, rights to convey electricity, telecommunications and computer media, rights to convey water and gas and rights to drain sewer and stormwater over part marked A, and rights of way marked B, C and D on DP 360149 created by Easement Instrument 6665763.1 - 28.11.2005 at 9:00 am 6733596.1 Change of rules of the Body Corporate - 30.1.2006 at 9:00 am Transaction ID 9825644 Client Reference jstevenson008
Guaranteed Search Copy Dated 06/08/26 9:28 am, Page 6 of 7 Register Only
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Identifier
210932
9195942.1 Notice of change of body corporate operational rules pursuant to Section 106 Unit Titles Act 2010 - 17.10.2012 at 12:18 pm
Transaction ID 9825644 Client Reference jstevenson008
Guaranteed Search Copy Dated 06/08/26 9:28 am, Page 7 of 7 Register Only
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Auction Process This property is being offered For Sale by Auction at 11am, Wednesday 16 September 2026 (unless sold prior).
Summary of important things to know • Buyers should register their interest with the agent and ask to be informed if another buyer makes an offer before the auction date. • Auction bids are open so you know what everyone else is bidding. If you haven’t been to an auction before, it’s a good idea to attend one as a spectator so you can see how they work. • If you win an auction, you are committed to purchase the property. You must pay the purchase deposit on the auction day. • The auctioneer will not reveal the reserve price.
Please Note • Auctions are unconditional, so you need to learn as much as you can about the property. Ask your lawyer or conveyancer to review and help you understand any information you get before the auction. • If you want to bid for a property at an auction, your first step is to let the agent selling the property know that you are interested. The agent will have legal documents for you and your lawyer or conveyancer to review and sign. These documents include the auction rules and the sale and purchase agreement. • Because auctions are unconditional, you need to confirm your finance before you attend the auction • If you want to change anything in the agreement or put any conditions on the sale, you need to arrange it before the auction by using a document called a variation – your agent will be able to provide this for you.
Registering your interest If you are interested in submitting an offer for the property, please formally register your interest with one of the Agents.
Otago Realty (NZ) Limited. Licensed under the REAA 2008. Level 1, Building 8, 36 Grant Road Frankton, Queenstown, 9371, New Zealand +64 3 441 0790 colliersotago.co.nz
Anna Rawling Broker Mobile: +64 22 492 5700 Email: anna.rawling@colliers.com Jak Stevenson Sales Associate Mobile: +64 21 133 6505 Email: jak.stevenson@colliersotago.com
Disclaimer: This document is CONFIDENTIAL to the recipient and information contained herein may not be disclosed to any other party and may not be used or reproduced either in whole or in part without the written consent of the vendor or the selling agents. All areas, dimensions and measurements referred to in this Information Memorandum are metric and are subject to purchasers own survey. Colliers does not guarantee, warrant or represent that the information contained in this advertising and marketing document is correct. Any interested parties should make their own enquiries as to the accuracy of the information. We exclude all inferred or implied terms, conditions and warranties arising out of this document and any liability for loss or damage arising there from.