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Smattering of sales at Queenstown in subdued market

Chris Hutching for NBR NZ Property Investor
Fri, 18 Jul 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Base Backpackers at Wanaka was one of several lodge sales in the Queenstown Lakes District in recent weeks.

The 49-room hotel at 73 Brownston St in Wanaka sold for $3.6 million to an investor through brokers Barry Robertson and Steve McIsaac of Colliers.

The property is a three-level

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Chris Hutching for NBR NZ Property Investor
Fri, 18 Jul 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Smattering of sales at Queenstown in subdued market
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