For Sale in Central Otago

Queenstown’s 3,000-acre Closeburn Station features in The New York Times international property listings this week. “This six-bedroom three-bath contemporary home has a master suite with views of Cecil Peak. The home’s family wing has two bedrooms, a shared bath and views of Lake Dispute and the Remarkables, a mountain range popular for alpine and adventure sport.” The recent weakening of the New Zealand dollar has sparked increased interest among American buyers over the past two months, said Julian Brown, the owner of Browns Sotheby’s International Realty in Queenstown. Brown said that interest among the upper reaches of the property market remains high. “There’s a limited supply of luxury homes in Queenstown,” he said. About 20 per cent of homeowners in the Queenstown area are international.

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