• Location: Queenstown Lakes District

• Purchase Price: NZD $8.5 million

• Size: 510m² | 4 bedrooms | 5 bathrooms

• Style: Luxury lifestyle property

• Acquisition Fee: $85,000 (1% of purchase price – includes sourcing the property, negotiation, underwriting, and offering documentation)

• Closing Costs: $26,500 (third-party legal, accounting, marketing, and processing fees)

• Preferred Agent Fees: $85,000 (assuming all buyers are referred through agents)

• Furnishings & Interior Design: $645,000 (curated furniture, artwork, lighting, soft goods, and accessories selected to complement the residence)

  Total Initial Outlay: $9,341,500

• Annual Operating Expenses: $147,670 (includes property management, insurance, utilities, landscaping, repairs & maintenance, rates, legal & accounting, cleaning services)

• Annual Asset Management Fee: $42,500 (0.5% of purchase price – financial management, reporting, paying rates and utilities, contracting services, coordinating daily operations)

• Projected Sale Price: $12,360,000 (based on 7.5% annual appreciation)

• Furniture Cost Recovery: $312,500 (50% of original furnishing and design costs)

• Selling Agent Fee: $370,800 (3% of sale price)

• Disposition Fee: $123,600 (1% of sale price – coordination, marketing, and negotiation through to closing)

• Priority Return of Capital: $861,150 (share of purchase price and closing costs)

• Profit Share: $178,330 (owner allocation of net sale proceeds)

• 5-Year ROI: 0.5% (breakeven)

Annual Appreciation
In recent years, high-end luxury properties in the Queenstown Lakes District—particularly in Lake Hayes and Arrowtown—have achieved an estimated 11–13% compound annual growth rate, reflecting strong and sustained demand from affluent and international buyers. By comparison, the broader lifestyle property market across the district has grown at approximately 6–7% annually since 2021. This case study reflects performance in line with the upper tier of the market.

Monthly Fee vs. Rental Market

• Owner Monthly Fee: $1,700 (1/10th share)

• Equivalent Nightly Rate: $6,000–$10,000 for comparable 5-bedroom estates in the Queenstown district

→ Even with limited annual use, the effective nightly cost to an owner remains well below prevailing luxury rental rates.

Co-Ownership vs. Whole Ownership

• Co-Ownership Buy-In: $928,000 + $1,700/month

• Traditional Ownership:

  • With mortgage (80% LVR, 6.5%): ~$44,000/month

  • Mortgage-free: ~$18,000/month in operating and maintenance costs

→ Co-ownership secures access to a premier residence at a fraction of the carrying cost of sole ownership.

In addition to professional property management, owners may access bespoke concierge services through affiliate partners, including:

• Private transport (jets, heli transfers, luxury vehicle or personal driver)

• Private chefs and curated dining experiences

• Massage and wellness therapists

• Daily housekeeping and laundry

• Grocery delivery and provisioning

• Tailored adventure and activity planning

Equiti Capital’s fees are transparent, structured to cover operating overheads, and designed to align performance with owners:

• Acquisition Fee: 1% of the purchase price (sourcing, negotiation, underwriting, documentation)

• Asset Management Fee: 0.5% of the purchase price annually (financial management, reporting, paying rates and utilities, contracting services, coordinating operations)

• Disposition Fee: 1% of the sale price (coordination, marketing, negotiation, closing)

At exit, owners first receive their original capital contribution (share of purchase price and closing costs). Equiti Capital then participates in profits, ensuring its upside is directly aligned with the success of each property.