Developers pay $10m for prime Queenstown site
Stage two of the Kawarau Falls development at Queenstown sold for $10.1 million.
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Hawke’s Bay
Receivers of Nigel McKenna’s former company Peninsula Road have sold stage two of the Kawarau Falls development at Queenstown for $10.1 million.
The sale settled on July 30 with the price falling well below the then rateable value of $16.7 million.
The site, beside the Hilton hotel complex at
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Duncan Bridgeman
Wed, 05 Nov 2014
Wed, 05 Nov 2014
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