A luxury lodge overlooking Lake Wakatipu in Queenstown is being offered to the market for sale, giving buyers the opportunity to acquire a premium accommodation asset with future upside.

Azur Lodge, located at 23 MacKinnon Terrace, Sunshine Bay, comprises nine private villas and a large reception lodge with kitchen and dining facilities and multiple living areas.

It is idyllically positioned on an exclusive hilltop across 13,913sq m of freehold land.

Neighbouring landholding, 21 MacKinnon Terrace, is a vacant section spanning 1,377sq m and is also available for purchase, providing future flexibility.

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A resource consent was previously granted for two two-bedroom villas and a gate lodge that were designed by prominent architecture firm Warren and Mahoney that would have expanded the footprint of the lodge.

Each guest villa at Azur Lodge has been designed with sophistication and comfort in mind, and they span approximately 80sq m and include a private outdoor deck.

Inside, a gas fire, heat pump, and under-tile heating ensure guests have a warm and comfortable stay.

The Queenstown CBD can be reached in under 10 minutes and offers a world-class array of shops and hospitality options.

Sunshine Bay also boasts access to a picturesque small beach that is only a short stroll away.

Colliers Queenstown Sales Consultant Mei Chen has been exclusively appointed to market the property and freehold going concern for sale.

It is being sold via deadline sale closing on Tuesday 12 May, unless sold prior.

Chen says the lodge has earned an outstanding reputation for its discreet, personalised service and welcoming hospitality.

"Azur has received numerous industry accolades and last year it was awarded One Michelin Key alongside fellow Queenstown accommodation offerings Rosewood Matakauri Lodge, Eichardt's Private Hotel, and Gibbston Valley Lodge and Spa," Chen says.

"Guests are treated to panoramic views of The Remarkables, Lake Wakatipu, and Walter and Cecil Peaks, making this one of the most visually appealing locations to stay in Queenstown."

Queenstown has long been regarded as New Zealand's premier tourist destination with its broad array of adventure activities, internationally acclaimed golf courses, and highly respected wine region.

It continues to draw strong visitor numbers from across the country and abroad as tourists seek to make the most of the area s four-season functionality.

Data from the Queenstown Airport notes total visitor numbers for January and February of this year have surged past pre-Covid levels with a major bump in international travellers.

The Queenstown-Lakes District also has a strong economic profile with positive GDP growth in 2025 recorded by Infometrics relative to the national figure, while the number of business units in the region grew by 5.3 per cent.

Chen says there is significant appeal to this offering given buyers can acquire a property with a thriving business and future development opportunities.

"The average occupancy across December 2025 to March 2026 was 95 per cent, indicating the strength of demand for Azur Lodge. As geopolitical tensions continue to bubble away, New Zealand represents a safe haven location for investors.

"This property offers a sought-after mix of existing income from an established business with an outstanding reputation and clear growth potential.

"I know we will receive national and international inquiries from prospective buyers."

- Supplied by Colliers