With its rugged mountains, majestic lakes, crystal clear air and just so much to do, its little wonder Queenstown is one of the world’s most popular and most awarded alpine holidays destinations. And, with four distinct seasons and a year long calendar of international events, any time is a great time to make your escape to the Southern Hemisphere’s ultimate adventure playground.
And now you can experience the fantastic lifestyle and holiday experiences Queenstown has to offer anytime of year as an owner in Queenstown’s first true lakefront Apartment Hotel – The Rees.
A combination of 23 exclusive lakefront residences and 89 luxury apartments situated just meters from the shores of Lake Wakatipu, The Rees is designed to deliver luxury living with all the comforts of home along with the personalized service and facilities of an elite international hotel.
For owners and guests alike, The Rees provides true international 5-Star service and with The Rees Centre offers the absolute pinnacle of accommodation and holiday experience – The Rees Experience.
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The Rees Gallery – collections of original art and historic prints
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The Rees Library – extensive collection of rare, historic books
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The Rees Wine Cellar – NZ’s best selection of Bordeaux wines
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Bordeau at The Rees – sophisticated bistro wine and coffee lounge
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True South Observatory – a window to the star-filled southern skies
The Rees’ absolute lakefront location and stunning views unite with superb architecture and interior design, exacting construction standards and luxurious finishings to make The Rees an unparalleled investment opportunity in one of the world’s most sort after lifestyle and holiday destinations – Queenstown.
DEDICATED TO EXCELLENCE IN EVERY WAY
Key Features Include:
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2, 3, & 4 bedroom apartments with multi-key configurations and 3 & 5 bedroom lakefront residences (all single key).
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Spacious interiors & open plan kitchen, living and dining opening on to expansive balconies.
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Generous 2.7 stud height in living areas maximizing the uninterrupted lake and mountain views.
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Fully furnished including all appliances, window treatments, and light fittings. Décor by international award winning designer Jayne Hampersum featuring custom-designed solid timber furniture by Ed Cruikshank.
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Sophisticated kitchens and bathrooms designed and built by Arclinea od Italy featuring Italian spa baths and basins, walk-in showers, heated towel rails and mirrors.
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Double glazing, underfloor heating in tiled areas, 100% wool carpets and gas fireplace.
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LCD televisions, DDI Polycom phones, broadband and wireless.
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Private entrance and driveway (fully heated), secure underground carparking with private lockers for storage. Elevator access to every level.
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Residential and managed investment solutions with up to 180 days owners’ use per annum while in hotel management.
THE APARTMENTS AND RESIDENCES
The Rees has been designed, constructed and finished to the most exacting standards. It is this attention to detail, an eye for quality and a commitment to the best possible result which insures that The Rees is a true five star development.
Apartments have been specifically designed with owner-occupiers in mind where open plan interiors opening up to spacious balconies all with stunning views of the lake and mountains.
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2 bedroom apartments range in size from 82sqm to 112sqm
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3 bedroom apartments range in size from 101sqm to 171sqm
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4 bedroom apartments range in size from 135sqm to 178sqm
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3 bedroom lakefront residences range in size from 144sqm to 238sqm
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5 bedroom lakefront residences range in size from 295sqm to 297sqm
*sizes do not include balconies or car parking
DESTINATION
The Queenstown district is the jewel in the crown of New Zealand tourism and every year the profile of this unique 4 season alpine resort and it’s desirability as a lifestyle investment destination continues to grow.
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Top Destination in New Zealand –Travel & Leisure
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Rank with Rome, Paris, and New York as one of the world’s most popular cities of choice – ICM Research UK
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Friendliest Foreign City – Conde Nast
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Safest Destination in the World – European Travel Industry Association Awards
THE LOCATION
Situated in the Frankton Arm of Lake Wakatipu, The Rees occupies a prime, absolute lakefront site just 2 minutes drive from the heart of Central Queenstown and 5 minutes from the airport.
Boasting 160 meters of lake frontage and terraced to deliver uninterrupted panoramic lake and mountain views, The Rees is perfectly positioned to deliver the ultimate in lakefront living and maximum capital gain.
THE LIFESTYLE
Whether you stay for a week, a month or the entire year, you will never be short of something to do. Queenstown is internationally renowned as one the world’s leading four season alpine resorts and there are literally hundreds of reasons why…
Dining Out & Nightlife
Over 100 bars, cafes and restaurants all within the space of around 2 Auckland city blocks
Adventure Capital
From jet boating and bungy jumping to ski diving and white water rafting. From wine tours and garden tours to scenic cruises and scenic flights. From tramping and hiking to mountain biking and rock climbing - it is all right here
Lake Wakatipu and Surrounding Rivers
A stone throw from your apartment (literally) for fishing, jet boating, kayaking, sailing, waterskiing and swimming
Skiing and Boarding
Coronet Peak, The Remarkables, Cadrona, Snow Farm (plus Treble Cone, Ohau and unlimited Heli-Skiing)
Golfing
Millbrook, Kelvin Heights, Arrowtown, Frankton and Jacks Point
World Class Festivals and Events
Winters Festival, Autumn Festival, International Jazz Festival, Super 14 Ruby, National Rugby Sevens, International One Day Cricket – Queenstown has it all.
THE REES CENTRE
Specialist staff at The Rees are on hand to assist you with all your booking requirements during your stay including transport, activities and attractions, events, entertainment, dining and any other business and personal requirements you may have during you stay, The Rees also has preferred customer access to helicopter transport and scenic flights as well as lake cruises onboard the America’s Cup yacht NZL 14 which can collect you from The Rees’ own specifically designed private jetty. The Rees also maintains its own private fleet of self-drive rental vehicles available for hire to resident and guests as well as a fleet of electric buggies which will be on call.
THE MANAGEMENT AGREEMENT
To insure the interests of the owners remain paramount in the management of The Rees, ownership of the management rights have been retained by the developers and will be run by a subsidiary company The Rees Limited.
Owners who elect to place their Residence or Apartment in the management pool for letting via The Rees Apartment Hotel operation will need to sign a Management Agreement.
The management agreement is between The Rees Limited and each individual owner and will be for the term of 25 years plus a right of renewal for 10 years. The bilateral agreement relates to each individual Apartment or Residence and allows the manager the sole right to conduct on site letting of apartments and residences as visitor accommodation. No owners are permitted to enter into any arrangement to have their apartments or residences managed unless they enter into the management agreement.
Each of these separate management agreements outlines each party’s responsibilities, obligations and rewards.
Key Points to Remember:
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A management committee will be elected by the owners to represent the owners in dealings with the management company
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Rental income and expenses are specific to each individual apartment, income and expenses are not pooled
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The management fee is 20% of gross returns plus expenses
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The allocation of apartments in the rental pool will be fair and equitable with the management company contractually committed to ensure as equal apportioning across all apartments as possible
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Owners receive income from their apartment on a monthly basis, 30 days after the end of each month
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The management agreement does not preclude the your selling your apartment at any time
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Owners are able to remove their apartment from their management scheme after the first 4 years of operation, however there months must be given to The Rees Limited
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If you elect to place your apartment in the management scheme you can still use your apartment or residence for up to 180 days and still be zero-rated for GST
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You can allow anyone to enjoy all or part of your 180 day entitlement
THE BODY CORPORATE
The Body Corporate is required by law to manage the administration and common property of the Apartment and lakefront Residence buildings. The Body Corporate controls the administration and general running of the complex on behalf of the owners and expenses include the cost of the maintenance of lifts within the buildings, insurance premiums, maintenance of buildings, gardens, grounds and all common areas and The Body Corporate Manager’s fee.
The proposed Body Corporate fees are set on the basis of Residence or Apartment size and value and are provisionally estimated from $1,900 to $2,900 for Apartments and $3,000 to $4,750 for the Lakefront Residences for the first year.
PRICES AND AVAILABILITY
Prices are available as at June 3rd, 2008 for the remaining 13 Apartments and 23 Lakefront Residences. Please contact Dan @ +65 94 777 977 or email your interest at danielleong@kf.com.sg
