Wakatipu Basin
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PHOTO: Wakatipu Basin

A Waiheke Island property sale yesterday could top this year’s New Zealand residential price records but the southern sale last week of a high-profile property at the centre of a helicopter fight so far holds the official top spot.

Nick Goodall, CoreLogic NZ research head, said the property near Queenstown sold on Thursday for $13.9m.

“The highest sale price we have [this year] is 704 Malaghans Rd in Speargrass Flat, Queenstown, which sold for $13.9m on 27 June 2019. It’s a lifestyle property,” Goodall said today.

The record was set in advance of the transfer of Waiheke Island’s Te Rere Cove which Goodall said had not yet shown up on official documents.

Te Rere buyer Martyn Reesby said he had settled the deal yesterday.

That Waiheke place was valued last year at $24m, could well top the Wakatipu Basin $13.9m sale.

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