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Skyline Enterprises is selling its Chester Building on the corner of Camp and Shotover streets in central Queenstown.

The 822 square metre site has been a significant component of the operator’s property portfolio since its acquisition in 2004 in a $60m deal involving seven other buildings.

“Every visitor to Queenstown either walks or drives past this prominent corner site,” said agent Bayleys.

“The high-profile ground floor corner tenancy is currently available allowing any prominent national or international brand direct access to New Zealand’s biggest tourist market.”

Skyline reported revenue from its investment properties totalling $7.8m in the year to March 2023. 

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The operator said in a shareholder update yesterday that following consultation with staff, it had confirmed its “new organisational structures”.

Exact numbers should be known within about three weeks.

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