Real Estate – Affordable central Queenstown apartments on the market

0
1

Source: Scope Communications

Stage 2 of Te Pā Tāhuna – a highly anticipated development of affordable apartments in central Queenstown – will be available for sale to the public next week.

Located on the site of the former Wakatipu High School on Gorge Road, Te Pā Tāhuna is a Ngāi Tahu Property development consisting of high-quality, affordable, and centrally located apartments. The first apartment building at Te Pā Tāhuna – Takiwai – was completed in 2022, while this second stage comprises three, three-storey walk-up apartments, currently under construction. The first building, Pūtakitaki, will consist of 18 apartments which will be available to purchase from Tuesday, 28 October 2025. Six of these are already under contract.

Ngāi Tahu Property general manager, Blair Forgie, says the organisation is excited to be delivering what Queenstown needs: a community-focused, central residential project.

“Te Pā Tāhuna responds directly to Queenstown’s housing challenges by providing well-built, appropriately priced homes for people who live and work in the region,” he says. “It’s a development that adds long-term value to the town. It’s not a development for short-term holiday rentals or Airbnb; this is an inclusive residence where whānau can build a home, and a community.

“The layout, amenities, and cultural narrative of Te Pā Tāhuna all blend together to create a place where people can put down roots and feel connected to Queenstown.”

Kāi Tahu ki Tuawhenua representative Paulette Tamati-Elliffe says that mana whenua gifted the name Te Pā Tāhuna to the development.

“The name Te Pā Tāhuna draws on Māori traditions of ahi kā and celebrates our long connection as mana whenua within the area of Tāhuna/Queenstown,” Paulette says.

“It’s a place where the home fires always burn on the shores of Lake Whakatipu Waimāori.”

Located in the heart of Queenstown, Te Pā Tāhuna is within a 10-minute walk to the lakefront, shops, restaurants, cafes and attractions of Queenstown’s CBD. Pūtakitaki comprises 18 two-bedroom, one-bathroom apartments of approximately 70 sqm, as well as a private balcony or patio, and a titled onsite carpark, for each apartment. Prices start from $780,000.

Construction of Pūtakitaki is being undertaken by the award-winning team at Mike Greer Commercial, a company that has a proven track record in producing outstanding apartment projects across New Zealand. The expected completion date is March 2027.

Ray White Queenstown sales agent Cameron Reed says the apartment complex is unlike anything in central Queenstown.

“These beautiful, generously sized apartments are being built to a very high standard, yet they have been designed to cater to first-home buyers, young whānau and local investors,” he says. “They represent excellent value for money.

“The top-floor units of Pūtakitaki will offer wonderful views towards Lake Whakatipu and, with its location next to Warren Park and proximity to the CBD, it has a significant advantage over other apartment complexes in the region.”

Ray White Queenstown is the sole agent for the development.

Stage 2 includes two further buildings that are also under construction, and these will be released in early 2026.

About Ngāi Tahu Property  
Ngāi Tahu Property is a leading New Zealand property development and investment company owned by Te Waipounamu (South Island) iwi, Ngāi Tahu. It owns and controls assets valued at more than $770.3 million, and the respected and trusted property development company is one of the investment pillars of Ngāi Tahu Holdings. Its mission is to create wealth for Ngāi Tahu whānau (families).
www.ngaitahuproperty.co.nz

MIL OSI

Previous articleHGC wins “The Outstanding Award of ESG 2025”
Next articleFirst Responders – Fire and Emergency New Zealand fire and weather update – 1pm