980 days ago

Luxury Queenstown hotel building for sale, offers over $35m considered

Nicole Mathewson Reporter from Otago News

From reporter Debbie Jamieson:L

A new five-star-plus Queenstown hotel building is for sale and the vendor will consider offers over $35 million.

Kevin Carlin built the seven-storey 14-suite Carlin Boutique Hotel and Oro restaurant near central Queenstown during the Covid-19 pandemic.

It opened in early 2022 and has since received several international awards including three Boutique Hotel Awards, such as the World's Best New Hotel in 2022.

Carlin operates the hotel and intends doing so for the next 30 years, but now wished to free up the capital involved in the building for other projects.

It was standard practice for hotels and other businesses to rent the buildings they operate from, he said.

”I was the rare person that’s a property developer and owned the building.

”I always intended to sell the real estate to get the cash back for another development,” he said.

He intended leasing the building back for 30 years and operating the hotel himself “if someone pays the price”.

“I’m not going anywhere. This is my retirement project.”

He declined to give details of other developments he sought capital for, though he is developing a five-star Radisson Hotel​ in Queenstown with Australia-based partner Centuria.

Despite a major staff shortage in Queenstown the Carlin Boutique Hotel was almost fully staffed with 38 employees on board.

Bookings were good going ahead, but he was looking forward to the return of European and wealthy Chinese travellers, he said.

Chinese visitors were struggling with visa issues in their own country while a lack of flights connecting Europe and New Zealand was deterring those visitors.

“I was there recently, and it took me four flights to get home to Queenstown,” he said.

Visitors to the hotel can book a room from $2219.50 a night, according to the website.

Each of the interconnected suites has views over central Queenstown and Lake Wakatipu, its own outdoor fire and spa pool, and a kitchen where private chefs can whip up a meal.

“We don’t expect our guests are ever going to buy eggs and cook,” Carlin told Stuff on a tour when it first opened.

The property is listed with Bayleys Real Estate and expressions of interest are sought.

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More messages from your neighbours
3 days ago

Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝

The Team from Neighbourly.co.nz

There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.

Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔

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Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
  • 73.2% We work hard, we deserve a break!
    73.2% Complete
  • 16% Hmm, maybe?
    16% Complete
  • 10.8% Yes!
    10.8% Complete
639 votes
5 hours ago

Secure your homes over summer

The Team from New Zealand Police

Police are reminding people to keep their homes secure during the summer months.

Inspector Glenda Barnaby, Christchurch Area Prevention manager, says daytime burglaries are just as common as nightime burglaries.
“Burglaries can be committed at any time of the day, and coming into warmer months there is more opportunity for thieves."
"Although a majority of burglaries involve forced entry through windows and doors, we are starting to see more incidents at insecure premises. Police deal with cases where burglaries are committed in broad daylight, sometimes even while the victim is at home. Good weather means open doors and windows, which makes homes more vulnerable to burglars.”

Inspector Barnaby says there’s a few things people can do to reduce their changes of a burglary being committed.
⚠️ If you’re going outside for gardening, relaxing in the sun, or working in the garage, take a moment to lock your doors and secure your windows first.
⚠️ Do the same at night when you go to bed - keep your doors and windows secure and close your curtains. Fitting window stays means you can get a breeze coming through, while keeping your windows secure.
⚠️ Get to know your neighbours - let them know if you’re going away and look out for one another.”

If you see any suspicious activity, people or vehicles in your neighbourhood, don't hesitate to contact Police.
If you witness or suspect any illegal activity, please call 111 if it is happening now, or make a report through 105 either online or over the phone, if it is after the fact.

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1 day ago

Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬

The Riddler from The Neighbourly Riddler

How many balls of string does it take to reach the moon?

(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)

Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!

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