Located in one of New Zealand's most sought-after commercial growth markets, Upper Village is a near new commercial asset, fully leased to a strong mix of international and NZ based occupiers on long term leases with locked in rental growth and a 6.3-year WALE.
Situated on an elevated site overlooking the Queenstown CBD and Lake Wakatipu, this landmark property is exposed to some of the highest pedestrian foot traffic in Queenstown enroute to the Skyline Gondola which captures in excess of 1.3 million passengers each year. The 4,841sqm centre is underpinned by an outstanding mix of established national and international tenants including Kingpin, The Bathhouse, Anita Gelato, Roki Collection and recently opened Prospects Restaurant, providing investors with a diversified income stream.
Queenstown continues to outperform the rest of New Zealand, supported by strong population growth, expanding tourism numbers, significant infrastructure investment and one of the most tightly held commercial property markets in the country.
Investment Highlights:
• Fully leased central Queenstown modern commercial asset
• Near new 4841m² multilevel building with flexible configuration on an elevated 3,285sqm site
• 6.3-year WALE with a diversified International and National tenant mix providing income security
• Estimated Net Annual Rental of $2,917,599p.a. plus GST and outgoings with growth via a mixture of annual fixed, CPI and market rent reviews
• Walking distance to Queenstown CBD and Skyline Gondola
• Rare large-scale commercial investment in a tightly held market
For Sale by International Deadline Sale, closing 4.00pm, 28 October 2026 (unless sold prior).
For further information or to arrange a viewing, please contact the exclusive Colliers agents Mark Simpson, Rory O'Donnell or Mary-Jo Hudson
