"The broad diversity of non-competing businesses trading here, combined with a long-term tenancy schedule, ensure an attractive split-risk investment with solid growth potential," says Gubb.
"Vehicle access is via three entrances off Hawthorne Dr, including access off Tex Smith Lane, shared with adjoining airport-based tourism businesses. "Within the complex there is a landscaped courtyard providing al-fresco dining, serviced by Odelay Cafe and Zambrero restaurant. A single-storey design ensures that views of surrounding mountains are preserved, while presenting the shopfronts to the busy Hawthorne Drive arterial route."
The agents say the centre is is synonymous with boutique shopping, having attracted Armoury Fashion Boutique, Girl Next Door fashion, Redcurrent and Eve Beauty.
The Landing is also home to the longstanding Cutting Edge Hairdressers, while shops soon to open are to include Vu Jewellers, Queenstown Interiors, Outdoor Concepts and Neat Meat butchery.
Others include a Repco Auto Parts store; 24/7 Snap Fitness; Fuji Xerox, physiotherapist and others.
Development at Queenstown has been relentless and shows no signs of slowing down, including the recently completed Ramada Hotel and 127 apartment Wyndham Garden Hotel.
The 230-unit Toru Apartments are under construction, as is the Ramada Kawarau River Hotel and Apartments. There is to be a new 900-pupil Wakatipu High School, with future plans to increase capacity to 1800 pupils. A new private hospital and medical facility will incorporate the scanner facility and consents have been lodged for a 46ha subdivision at Remarkables Park.
Kirk says the strength of The Landing's location has been underlined by commitments to move in from Harvey Norman, Spotlight, Torpedo 7 and Nood.
He says the placing on the market of the multi-unit Queenstown shopping centre has disrupted the city's tightly held commercial property market.
"The Landing is only three years old, with a seismic rating equal to 100 per cent of the New Building Standard (NBS). Exteriors feature a variety of natural concrete, cedar and decorative wall claddings creating a vibrant village atmosphere. Shop interiors include hard-wearing polished concrete flooring and many other durable features."
