Te Taumata Lakeview touts $1b uplift in commercial value
The new mountain precinct, described as the ‘Alpine Britomart’, claims to have increased its valuation to $3 billion.
The planned first stage of Te Taumata Lakeview.
Te Taumata Lakeview's marketers, Sotheby's International, says it has booked $150 million in sales ahead of diggers moving onto the first stage of Queenstown's flagship alpine development.
A fifth of those off-the-plan sales reflect one $33m deal by a US buyer for a 12th-floor penthouse and two
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