Investment Details
Property Investment at 50 Peninsula Rise, Queenstown.
Peninsula Rise combines an elevated Kelvin Heights setting, lake and mountain views, and easy access to Queenstown’s amenities and outdoor recreation.
Queenstown Lakes District population is growing faster than any other New Zealand town or city with a current annual growth rate of 1.7% and projected to grow in the next 5 years to 2.7%*. This significantly outpaces New Zealand's national average by 2.4x and dramatically eclipses average Australian metro growth rates.
It is a tightly held property market with scarcity of stock and high demand. Combine that with the lifestyle, sporting and outstanding nature this region offers, it is currently one of the world’s prime property investment regions.
*Source: Infometrics & QLDC, Sept 2026.
Investment Property Files
Please find links below to a range of investment guides including rental appraisals, floor-plans, and buying guides.
If there is anything further you need please don’t hesitate to get in touch.
The Residences
The Duplexes
Key Resources
REA Guides
FAQs
Can I buy at Peninsula Rise if I’m an Australian citizen living in Australia?
1
Australian citizens can generally buy New Zealand land classified as residential or lifestyle without Overseas Investment Office consent, even while living in Australia. Different rules apply if the land is also sensitive for another reason. Australian permanent residency alone does not provide the same exemption. Your New Zealand solicitor should confirm eligibility for your chosen property & ownership structure, particularly if purchasing through a company or trust.
What rental income and net return could this property generate?
2
Separate rental appraisals are linked above (under Investment Property Files) for the standalone Residences and Duplex homes. The relevant appraisal should be assessed against your chosen home’s purchase price, proposed rental use and operating costs. You should also factor in whether the estimate assumes visitor accommodation or long-term tenancy, what occupancy and rates it uses, and whether the income is gross or net. Assess cash flow after management, rates, insurance, maintenance, financing and tax. An appraisal is an estimate, not a guaranteed return.
Can the homes be rented to visitors throughout the year and also used for owner holidays?
3
Each Residence includes 365-day visitor-accommodation consent (Duplexes are 180 days consented) . The issued consent and its conditions must confirm the permitted use; this does not guarantee year-round bookings. Personal stays are possible, but need to be checked against any management agreement and can affect rental income & tax treatment. Queenstown Lakes District Council requires consent where visitor accomodation exceeds the permitted standards for the property’s zoning.
What does “plus GST if any” mean for my purchase?
4
It means the advertised price does not by itself, establish your final GST-inclusive purchase cost. GST in New Zealand is normally priced at 15%. The outcome depends on the transaction, the parties’ GST status and the intended use of the property. Certain land transactions must be zero-rated when the statutory conditions are met. Short-stay accomodation can also create GST obligations; registration is generally required when turnover from taxable activities exceeds NZ$60,000 annually. Private use, change of use, and a later sale can have further consequences.
There is a 10% deposit required once the sale goes unconditional, with settlement required in ten working days after issue of the Title and the Code Compliance Certificate. Your signed agreement determines the binding terms. Before committing, have your solicitor explain deposit protection and release, completion deadlines, permitted design changes, cancellation rights and any sunset clause.
For the property you are interested in, you can request the development’s geotechnical report, relevant consent conditions and engineering documentation. Buyers are welcome to ask what was investigated, what foundation or slope-stability measures were specified, and whether any ongoing requirements affect their home. A LIM provides council-held information about known hazards, but should be considered alongside the site-specific engineering documents.
All information is available in the title and subdivision documents for your selected home, available on enquiry. These establish the ownership boundaries, easements, covenants and any shared access or maintenance responsibilities. A standalone building does not, by itself, establish its title structure. If it is a unit-title property, review the required disclosures, body corporate arrangements and levies. Also check if any management agreements are in place for restrictions or obligations that apply on resale.
How does the off-plan purchase work, and what happens if completion is delayed?
5
What geotechnical investigations have been completed, and what do they mean for the homes?
6
What does the title ownership cover, and are there any shared costs or restrictions affecting resale?
7
This property is developed by Excell Consulting Limited who are an established property development company based in Auckland. They have successfully funded and completed over 10 similar projects, including Queenstown Hill Villas & 7 Salmond Pl, Queenstown. The architect is Four Walls Architecture, who are a boutique, award-winning practice based in New Zealand that prides itself on concise, clear, calm and beautifully crafted architecture both inside and out. The builder is Dent Construction, who are a Qualified Carpenter, Licensed Building Practitioner, and Registered Master Builder with over twenty years of industry experience.