In a striking display of luxury real estate investment, a mystery buyer spends $33m on two Queenstown apartments, setting a new precedent in New Zealand’s property market. The top two floors of a high-end development in Queenstown have been acquired, marking a significant transaction in the country’s residential sales this year. Key takeaways A single buyer has purchased the top two floors of a Queenstown luxury apartment block for over $33 million. The sale includes a 475sqm penthouse suite and sub-penthouses in Lakeview Te Taumata’s Roto Collection. This purchase sets a new record for off-the-plan residential property sales in New Zealand. The development is part of a $2 billion master-planned community in Queenstown. The recent $33 million sale in Queenstown underscores the high demand for luxury properties in the area, reflecting a robust market for upscale residential investments. Luxury Living Reaches New Heights in Queenstown The unprecedented purchase by a buyer with New Zealand residency signifies a growing trend of high-net-worth individuals seeking opulent living spaces in picturesque locations. The Lakeview Te Taumata development promises unparalleled views and amenities, attracting affluent buyers looking for both luxury and lifestyle. The buyer’s decision to maintain separate units rather than combining them suggests a preference for privacy and exclusivity. “Read more: Complete Prohibition of Single-Use Vapes, Higher Penalties for Sellers” Queenstown Continues to Attract Premium Investments Queenstown’s real estate market continues to thrive, with nearly $100 million in sales for the Roto Collection’s first two buildings. The $33m-plus sale not only sets a new benchmark for the apartment…