Queenstown Central, Central Otago / Lakes District

Positioned in the heart of Queenstown's thriving CBD, 27-31 Rees Street (Tiki Corner) represents a rare opportunity to secure one of the resort town's most tightly held and strategically located commercial assets.Occupying a substantial 531sqm freehold landholding over two titles, this high-performing investment boasts three street frontages and two prime retail corners, delivering exceptional exposure and foot traffic from multiple directions. Properties of this scale and prominence in Queenstown are seldom available, underpinning the long-term value and security of this offering.The refurbished two-level character building combines architectural appeal with modern performance, including a 100% New Building Standard (NBS) seismic rating. The asset is anchored in a high-profile location less than 100 metres from the Lake Wakatipu waterfront, ensuring continued demand from both tourists and locals alike.The property is fully leased to a strong mix of established international retail, tourism, and food & beverage tenants, providing diversified income streams and proven trading performance. Investors will benefit from a robust rental profile, with built-in growth via fixed annual increases and periodic market reviews, offering the capacity to maximise returns over time.Investment Highlights: Prime 531sqm freehold site across two titlesThree street frontages with two high-profile retail cornersIconic refurbished building with 100% NBS seismic ratingBlue-chip Queenstown CBD location, moments from the waterfrontStrong diversified income across multiple established tenantsProven rental growth profile with future upsideRare, tightly held trophy asset with enduring appeal This is a generational investment opportunity to secure a landmark Queenstown property in a market defined by limited supply and sustained global demand.The property is offered For Sale by International Deadline Private Treaty closing 4pm Thursday 2 July 2026 (unless sold prior).For further information or to arrange a viewing, please contact the exclusive agents Mark Simpson, Rory O'Donnell or Mary-Jo Hudson.