The sale of a Queenstown icon – the clock is ticking…

PRESS RELEASE

The sale of a Queenstown icon – the clock is ticking…

Property doesn’t get much hotter than this! A trophy building in one of Queenstown’s most sought-after sites is up for grabs.

The Queenstown Clock Tower has provided locals and visitors with an easy meeting place for more than two decades, and features in promotional and holiday photos the world over. It’s a noted landmark and takes advantage of some of the highest foot and vehicle traffic the New Zealand resort town has to offer.

On the intersection of two of Queenstown’s busiest streets, the north-facing John Blair designed building has a distinctive alpine style and, according to real estate agency hoamz, excellent investment returns. Listing agent Fred Bramwell says ‘we’ve already had exceptional interest in the property before it even hit the market – it’s one of those buildings that everyone recognises and investors can see the potential at a glance.’ Bramwell claims the building lends itself to a flexible range of businesses including prime retail, food and beverage, plus offices and accommodation.

With 515sqm of leasable space, the building covers four rentable areas at street level plus first floor offices and the icing on the cake, an in-demand three bedroom apartment on the top floor. Long term tenancies show high returns to match the high-profile nature of the sale. A big marketing campaign and the undeniably attractive nature of the building are set to make the next few weeks a busy time for the agents at hoamz!

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