Queenstown’s growth a blessing and a curse

  • While Queenstown’s house prices continue to soar, the commercial end of the property market is also picking up speed.

The town’s rolling contours are part of the reason land is in short supply and after years of scarcity, zoning changes have freed up significant amounts of land for commercial, shopping and industrial use.

However, skyrocketing tourist numbers and a growing population means any new commercial land usually sells quickly, Mark Simpson, sales director of Colliers Queenstown, says.

READ MORE VIA STUFF

qtown

COLLIERS INTERNATIONAL
The vast scale of Frankton Flats, showing future roading and those under construction.

Leave a Comment

Filed under New Zealand Property & Real Estate News, Uncategorized

Leave a Reply