The one for you Market
2 6 PANNERS WAY
Q U E ENSTOWN

2 6 PANNERS WAY
Q U E ENSTOWN
11 July 2025
26 Panners Ways Queenstown Hill Queenstown 9300
Dear Drew and Samual,
Thank you for the opportunity to show you the difference New Zealand Sotheby’s International Realty can make as your partner for your property at 26 Panners Way, Queenstown. Our job is to make selling your property easier from start to finish. We have the experience and expertise to do just that. At New Zealand Sotheby’s International Realty (NZSIR), we have everything in place to deliver like no one else.
We will work with you as a true partner and guide you through each step of your journey. This presentation will show a comprehensive plan, including the mobilisation of our resources and partnerships to reach the right audience of buyers.
Thank you once again for your consideration. We would be honoured to represent you.
Sincerely,
Samantha Skipper and Sarouen Mulvey
When we appraise your property we are looking at discovering its potential in the current market. We look at comparable properties that are for sale or have recently sold, and analyse how your property will compete in your local market. We take the time to really understand your property’s appeal, and identify the types of buyers it will attract.
The property appraisal you have here is the result of in-depth research and our market leading expertise. Not only have we appraised your property’s value, but we have outlined a strategic and targeted marketing campaign that will achieve a result above your expectations.
Discovering your property’s potential and market value is the easy part.
The true strength of partnering with New Zealand Sotheby’s International Realty (NZSIR) is your personalised marketing strategy. We emphasise your property’s benefits, directly targeting audiences that are searching for a property just like yours. We take advantage of our local connections, national network and, if applicable, unrivalled international reach. We combine this with cost effective placement in digital and print media, and a host of unique NZSIR complimentary marketing inclusions to place your property in front of qualified potential buyers.
Local expertise. A national network. Global reach. Premium experience. Only one company can give you all this, and get you a market beating result.
Beautifully renovated architectural home with timeless design.
Prime elevated position on sought-after Queenstown Hill.
Generous 1,071 sq m flat section with excellent sun and shelter.
167 sq m floor area spread over a two-level layout.
Lower level includes two bedrooms and a bathroom—ideal for family or guests.
Primary suite with en-suite and study (could be a fourth bedroom) positioned upstairs for great separation of space.
Main level features new designer kitchen, open-plan living and dining with an open fire.
Lake-facing balcony capturing panoramic views of Lake Wakatipu and surrounding mountains.
Double garage with upstairs bedroom and bathroom.
Landscaped, easy-care grounds designed for privacy and minimal maintenance.
Located just minutes from Queenstown’s vibrant town centre.
FOCUS YOUR MARKETING ON THE PEOPLE WHO FIND YOUR PROPERTY APPEALING.
Your property has broad appeal. Properties with this combination of desirable features are highly sought by a select group of buyers. We propose target the following:
Those looking to move for 'lifestyle'. Selling their homes in the larger cities and bringing their equity to the region to raise their families or professional couples.
Buyers looking to acquire an additional property in the Southern Lakes as a source of income for long term investment or holiday home rental.
International/Expats
Those looking to relocate after their professional careers overseas, individuals or families planning to settle in New Zealand, and high-net-worth buyers seeking a secure and safe place to call home or retire.
This comparative market analysis shows you a range of broadly similar properties that have sold recently. This gives you insight into the market value of properties like yours, and helps you better understand the best price range to value your property at.
Inferior Comparable Superior
4 3 3
Floor: 295 sq m Land: 1378 sq m
Sale Price: $2,700,000 Date: 27/03/2025
This rare lakefront property, set on 1,378 sq m of high-density zoned land, the meticulously designed four-bedroom, three-bathroom Wyatt & Gray-inspired home offers uninterrupted views, private lake access, and endless potential, as a luxury residence, rental, or redevelopment.
Inferior Comparable Superior
4 3 2
Floor: 286 sq m
Sale Price: $2,850,000 Date: 27/11/2023
This spacious, high-quality built home, one of only two, was built in 2007, offering panoramic views of Lake Wakatipu and The Remarkables.
Inferior Comparable Superior
4 3 2
Floor: 236 sq m Land: 890 sq m
Sale Price: $3,000,000 Date: 31/01/2025
Designed by Dravitzki-Brown, this stylish Queenstown Hill home features panoramic views, four bedrooms, and a self-contained flat for guests or rental income. ducted heating system throughout, two single garages with ability to lock separately with internal access.
Inferior Comparable Superior
5 3 2
Floor: 338 sq m
Sale Price: $2,500,000 Date: 17/01/2025
338 sq m of home, built in the 2000's. Perched on Queenstown Hill, this fully furnished five-bedroom home spans three levels with stunning views, multiple living areas, underfloor heating, a spa, and 180 visitor accommodation consent,
Inferior Comparable Superior
4 2 2
Floor: 252 sq m Land: 624 sq m
Sale Price: $2,550,000 Date: 14/02/2025
This beautifully finished home combines stacked stone, cedar accents, and panoramic Queenstown views. Set over two levels, it features three spacious bedrooms, two sleek bathrooms, and a designer kitchen, open plan living with a gas fireplace. The master suite is a private retreat, and outdoor spaces are perfect for relaxing or entertaining. Includes 180-day visitor accommodation consent.
Inferior Comparable Superior
5 5 2
Floor: 290 sq m Land: 753 sq m
Sale Price: $1,930,000 Date: 30/06/2024
Larger original home on smaller land. Set high in Goldfield Heights, this five-bedroom, four-bathroom home enjoys panoramic lake and mountain views, dual living areas, and a large sun-drenched deck. Offers multi-fuel burner, heat pump, and under-tile heating.
Inferior Comparable Superior
4 2 2
Floor: 240 sq m
Sale Price: $1,975,000 Date: 01/11/2024
(If subdivided) The same as 7 Stone Ridge Place but offers four bedrooms. Unit titles.
Inferior Comparable Superior
3 3 1
Floor: 200 sq m Land: 639 sq m
Sale Price: $2,700,000 Date: 03/08/2023
Fully renovated home on Queenstown Hill, panoramic lake views from every room. Featuring three ensuite bedrooms, a fourth guest room or office, two lounges, a new kitchen, and a lower-level kitchenette, it’s ideal for flexible living. Seamless indooroutdoor flow with two large decks, including a covered lower deck for year-round use. Quality finishes, underfloor heating, dual access,
Inferior Comparable Superior
3 2 1
Floor: 186 sq m
Sale Price: $1,817,500 Date: 05/04/2024
(If subdivided) One of two on unit titles. Uninterrupted lake and mountain views from its elevated Goldfield Heights position. This stylish three-bedroom, two-bathroom home features open-plan living, a high-spec kitchen, two decks, and dual living areas for flexibility. Low-maintenance landscaping, internal-access garage.
Inferior Comparable Superior
3 2 2
Floor: 185 sq m
Sale Price: $1,800,000 Date: 21/07/2024
(If subdivided) Modern multi-level townhouse with panoramic lake and mountain views. Features include three bedrooms, two bathrooms, open-plan living, and internal double garage. Positioned between Queenstown CBD and Frankton, with 365-day short-term rental consent in place. Easy-care section and strong appeal for both investors and lifestyle buyers.
Inferior Comparable Superior
3 3 2
Floor: 204 sq m Land: 465 sq m
Sale Price: $2,010,000 Date: 30/04/2024
Inferior Comparable Superior 4 4 2
Price: $2,330,000 Date: 13/02/2025
subdivided) Stand alone. Build 2017with an extra bathroom. Less land.
Yours won’t be the only property on the market. This overview of local properties for sale that are in a similar range lets you compare and contrast your property’s benefits against the competition. By identifying and emphasising the features that buyers want we can make your property stand out against your competition, and ensure that your property makes it to the top of buyer’s lists.
Inferior Comparable Superior
4 3 2
Floor: 221 sq m Land: 672 sq m
Listed: $2,850,000
Date: 20/03/2025
Prime location. This four-bedroom, two-bathroom home offers stunning views over Queenstown Bay and the surrounding peaks. Built circa 2002 and set beside a reserve, it's just a 12-minute walk to cafes, restaurants, and gardens. Enjoy open-plan living, a gas fireplace, spacious balcony, and a large garage with room for a boat or future gym. Lowmaintenance and well located.
Inferior Comparable Superior
4 3 2
Floor: 220 sq m Land: 468 sq m
Listed: Enquiries Over $2,950,000
Date: 06/05/2025
Completed in 2022, this freehold home captures Queenstown’s stunning alpine outlook from a quiet, no-exit street. Split across two levels, it features open plan living, four spacious bedrooms, and a private spa. Used as both a personal retreat and short-term rental (consented for 8 guests, 180 nights.
Inferior Comparable Superior
4 2 2
Floor: 239 sq m Land: 623 sq m
Listed: Deadline Private Treaty
Date: 04/07/2025
Price guide near mid $2,000,000. Just completed in 2024, 36A Middleton Road offers four bedrooms, two bathrooms, two living areas, and an office/media room across two levels. Located in the sought-after Remarkables View subdivision, this home captures stunning lake and mountain views from two private decks. With low-maintenance landscaping, quality materials, and full building warranties.
We live here too. We know the neighbourhood, schools, and businesses, and know and understand the people that make up our community.
Our insight into the local market is your advantage - we know what buyers are looking for and how to present your property to genuinely interested buyers.
$1.47M
MEDIAN PRICE JUNE 2025
62
NUMBER OF SALES JUNE 2025
116
AVERAGE DAYS ON THE MARKET JUNE 2025
$1.4M
MEDIAN PRICE JUNE 2024
53
NUMBER OF SALES JUNE 2024
87
AVERAGE DAYS ON THE MARKET JUNE 2024
Once you have partnered with us to sell your home, we will follow a proven path to success.
Your home goes live across print and online channels, open homes and more.
We keep you informed along the way via reporting of online engagement, buyer feedback and offers.
From negotiating offers to settlement day, we guide you through the whole process.
We ensure your home is immaculately presented for photography, videography and open homes.
FINALISE SALES STRATEGY
Promotional channels and assets are chosen to achieve unrivalled exposure.
• Definite timeframe on the sale process so buyers need to take action to secure the property.
• A comprehensive marketing plan is created to support the promotion of your property to the targeted buyer pools.
• Creates a competitive and urgent atmosphere.
• Bidders compete against each other.
• Purchasers at Auction must be in a cash unconditional position to bid. If the hammer falls, the property is sold.
• Provides transparency to purchasers as they can see the competition and where they are at prior to the auction.
• Promotes integrity with equal opportunity for all buyers.
• Vendor has control, can dictate terms and conditions. Vendors set a reserve price that they are happy to sell at.
• Public process for the Vendor, not every property (or Vendor) suits Auction, however the theatre of the Auction event can achieve outstanding results.
• If not sold at Auction you will have good price indications to use in the next phase of your sale. A skilful Auctioneer is essential.
• Like Auction, Tender has a definite timeframe on the sale process.
• Retains confidentiality between purchasers and allows the Vendor to deal with the preferred party, should they wish.
• Creates competition in the unknown, and buyers are not limited by what others are prepared to offer. Buyers will pay what they are comfortable with to secure the property.
• Offers may include conditions (e.g. subject to sale/finance/builder’s report) but our aim is for all offers to be unconditional.
• Particularly suits properties that require in‑depth investigation and due diligence.
• Vendor has control, having the ability to work with the Tender(s) of choice or not at all.
• Attracts good enquiry and feedback of value that buyers in the market see. If the property does not sell at Tender, it provides a good indication of accurate pricing for post campaign.
• Offers submitted at close of Tender are live and valid for a period of five days. They cannot be withdrawn by the purchasers.
• If your property does not sell at Tender, revised offers can be submitted after the five day period.
• Requires parties to register their interest in the property with an offer within the designated time frame.
• Your marketing timeline is important as part of a Deadline Sale.
• Purchasers submit conditional or unconditional offers to the Agent prior to the close of the advertised deadline date and time.
• Allows the market to indicate their perceived value of the property.
• Offers may include conditions (e.g. subject to sale/finance/builder’s report) but our aim for all offers to be unconditional.
• Once the deadline has closed, the Vendor will review all offers received. The Vendor has the right to accept one offer, decline all or choose to negotiate with one or more parties to the exclusion of others.
• Properties are advertised with a price.
• Recent market statistics and Agent/Vendor consultation set the price ahead of the marketing.
• This mathod of sale targets buyers within a given price bracket.
• Purchasers prefer to see a fixed price. The further away a purchaser is from a property (out of town) the more confidence they have to travel and view with a fixed price.
• Realistic pricing generally produces a reasonably quick sale.
• There is no defined sale date, as this method of sale depends on market interest and the buyers’ appetite for the property.
• No price is required by law, but a price guide is provided by Agents along with market statistics to guide purchasers.
• Can be used post any other campaign while already received offers or interest are being exhausted. For example, after Deadline Sale or Auction date has passed.
You have indicated you wish to sell your property quickly and achieve the maximum price in the current market; therefore I recommend a Deadline Sale.
With the campaign timeframe, we can capitalise on the busy enquiry period in the first month of marketing and encourage interested buyers to speed up their decision and put forward an offer before the deadline closes. Perceived competition from other buyers and emotional response to the closing deadline often means buyers put their best offer forward.
Ideally you will have multiple offers to choose from. If there’s a lot of interest, you can bring forward the deadline.
In a Deadline Sale, your property is marketed with no fixed price. Buyers are welcome to view the property and make an offer up until the deadline and you can accept or negotiate offers before the deadline closes.
After the deadline has passed, you can choose to accept an offer, start negotiations with any of the potential buyers or decline all offers. A standard sale and purchase agreement is used for a Deadline Sale meaning buyers can include negotiable details such as deposit or settlement date as part of their offer.
Deadline Sale is great when you wish to sell your property by a certain date, and it can encourage potential buyers to make an offer early in the process to get ahead of the competition.
Together we will follow a proven path to success. At New Zealand Sotheby’s International Realty, we understand that each property and seller is unique, so we offer you an exclusive tailormade strategy. We execute that strategy by combining our considerable experience, innovative technology, and unmatched reach to attract the attention of the most qualified buyers everywhere.
Only with us can you access exclusive marketing channels, exposure to a worldwide audience and the power of the NZSIR client base. We take all of these channels and our local market knowledge to craft a targeted marketing plan specific to your property.
We would recommend the best way to sell your home is with a Deadline sale with a four-week campaign.
A Deadline sale is a sales method where a property is marketed without a price and buyers submit their best offers by a set date. It’s commonly used in competitive markets like Queenstown to drive urgency and maximise buyer interest.
Key advantages include:
Encouraging competitive offers through buyer-driven pricing
Creating urgency with a clear timeframe
Testing true market value without under-pricing
Allowing flexibility for the vendor to accept early offers
Suited for unique or high-quality homes
Providing useful insights for comparable market analysis
In summary, deadline sales are an effective way to create competition, gauge market demand, and achieve strong outcomes, especially when marketing standout properties.
Experience shows that pricing a property correctly from the start results in the greatest buyer interest at the most favourable price. We have carefully analysed the market using our local expertise to determine the optimal price for your property. We looked at recent sales, overall market activity, buyer behaviour and sentiment, and compared these against other properties on the market. We combined these insights with our experience, and our colleagues’ reflections, to pinpoint a price range that we believe we can successfully target your property sale to.
We estimate that the current market value of 26 Panners Way is within the range of:
H IG H : $2,650,000 M EDIUM: $2,500,000
L OW: $2,450,000
Prepared by: Samantha Skipper and Sarouen Mulvey on 30 July 2025
OUR NZSIR COMMISSION RATE IS 3.00% + GST OF THE SALE PRICE.
A one-off disbursement fee of $650 + GST covers costs related to:
Processing and maintaining your online listings on local and international websites
Subscription charges for property information websites
Title searches
Subscription fees for membership to listing websites
CRM system costs
AML obligations
Image manipulation
Courier, postage, stationery and printing
Samantha and Sarouen are redefining real estate with a unique combination of expertise, innovation, and dedication. Samantha’s in-depth knowledge of Queenstown’s luxury market and Sarouen’s proven expertise in premium property sales combine to deliver unmatched service and forward thinking solutions.
Together, they offer a personalised approach, modern marketing strategies, and a focus on creating connections that go beyond transactions. Whether hosting exclusive open-home events or designing impactful marketing campaigns, Samantha and Sarouen bring sophistication and care to every interaction.
Guided by expertise and driven by dedication, Samantha and Sarouen are redefining real estate.
+64 22 436 3714 / +64 27 305 6345 samantha.skipper@nzsir.com / sarouen.mulvey@nzsir.com
DISCLAIMER:
This Current Market Appraisal is based on the assumption there is no outstanding Council Requisitions, Consents, Code Compliance Certificates, no defects in Title, no issues in regard to Structural soundness and weather tightness.
Although every care and accuracy has been given to the production of this report, New Zealand Sotheby’s International Realty cannot and does not provide any warranties or assurances of any kind in relation to the accuracy or completeness of the information provided through this report, as information provided in this report is sourced from various third parties and forms a guideline only. New Zealand Sotheby’s International Realty does not accept liability for any losses incurred, either directly or indirectly, by any person arising from or in connection with the supply or use of the whole or any part of this report.
Each office is independently owned and operated. Browns Real Estate Limited (Licensed under REAA 2008) MREINZ.