Ngai Tahu Delivers on Affordable Housing Promise
A virtually-complete three-level apartment block in central Queenstown incorporates some of the resort’s most affordable housing.
The first building in Ngāi Tahu Property’s residential development, Te Pā Tāhuna, on the former Wakatipu High School site, comprises 27 units, including 10 KiwiBuilds — Queenstown’s first — interspersed amongst them.
Those 10, which were massively oversubscribed, comprise one-bedroom units capped at $500,000, and two-bedders capped at $600,000 — they were available for qualifying buyers.