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How is Queenstown?
I just found this forum ..yay..!
I have been thinking about getting an apartment in Queenstown partially as investment, partially for self-interest. Have looked at listings for the Sofitel in Queenstown but understand that it faced problems some years back and the yields are not good.
Is it a good time to buy into Queenstown , S.island?
For a steady rental ... would it be better to look at houses?
I have had some experience owning an apartment in Auckland , and my means of financing will be off-shore.
Queenstown....absolutely great place.
My opinion....stay away from managed lease properties; go private.
Perhaps a dual key apartment; or at least one where you are not tied into a long term hotel lease (fees and no flexibility...eek)
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