Queenstown’s newest Special Housing Area setting the bar high ahead of Stage 3 release

Media release from Riverton Queenstown Limited

October 23 2017

Queenstown’s newest Special Housing Area setting the bar high ahead of Stage 3 release

Queenstown’s residential housing developmentBullendale, is setting the bar high for Special Housing Areas (SHAs) across the country, forging a solid reputation for providing affordable living, a sense of community and architecturally designed quality homes at a pace that has surprised the market.

In the lead up to the release of stage 3 of the Arthurs Point development, Bullendale developer and project manager Shane Fairmaid has been reflecting on the success of the SHA since ground was broken in December 2016 year.

While SHAs in general have been criticised by some for not addressing the issue of housing affordability, Bullendale has strived to achieve affordability through careful urban planning and quality architectural design.

Following resource consent issued just two days before Christmas last year, work is now well advanced on site with stage 1 roading nearing completion and roofs on homes.

After a successful marketing campaign, resulting in multiple offers for many of the homes, stages 1 and 2 are now completely sold out.

“We’re delighted with the level of market interest in Bullendale, particularly from first home buyers who were well represented in the initial stage 1 and 2 purchases. First home buyers really appear to like Bullendale and appeared very comfortable with the sales process,” says Shane.

“We have a clear vision for the community and wanted to facilitate owner-occupiers into Bullendale wherever we could. This makes for a stronger community and we’re pleased that, by and large, we’ve achieved this for stages 1 and 2.

“We expect to have the first residents living in Bullendale in January 2018, some 13 months after resource consent was issued, which we think is a pretty good result.”

Stage three, The Alpine Terraces, is expected to be released in October and is a completely different offering. Elevated above stage two, on the toe of the hill, residents can expect magnificent views of the surrounding mountain ranges, the Shotover River and the rolling rural valley that winds down to the Queenstown CBD, just five minutes’ drive from Bullendale.

The Alpine Terraces features combinations of 2, 3 and 4 bedroom architecturally designed terrace-style homes.

“The multi-level homes will all have two-car garaging and central heating, offering a new and unique design to the Queenstown market,” s­ays Shane.

Once complete, Bullendale will comprise of 88 townhouses, terraced-style homes and apartments, and is targeted for completion in late 2019, adding significantly to the vibrant up-and- coming Arthurs Point community.

“Situated less than ten minutes’ drive to the CBD, Arthurs Point is fast becoming the place to live, overtaking other areas as the location of choice. Without a doubt, Bullendale will add to the increased community vibe and we’re proud to be delivering an affordable proposition, while maintaining quality of build”, says Shane.

ENDS

Picture captions

1/ Work on Bullendale is well underway with roading complete and roofs on stage one homes

2/ Bullendale combines affordable living with quality design and a sense of community

For more information please contact Naomi Lindsay

Lindsay Communications
E: naomi@lindsaycommunications.co.nz
M: 021 942 502

Media release from Riverton Queenstown Limited

Special Housing Area Development given green light for eighty-eight medium density homes

A Special Housing Area (SHA) development in Arthurs Point has been given the green light by Queenstown Lakes District Council today (Friday 23 December) to build 88 medium density homes and apartments aimed at first home buyers and families.

 

The development is the brain-child of long-time local miners and contractors, The March Family, in conjunction with Shane Fairmaid.

Bullendale, which takes its name from the old mining settlement in Skippers Canyon nearby, is located on Arthurs Point Road next to Shotover Lodge.

Stage one of Bullendale, which spans a four hectare site, comprises 14 semi-detached townhouses ranging from 105 -165 square metres with a mixture of two and three bedroom configurations.

The first stage was launched to the market this week with a deadline sale date of 14 February 2017. The full development includes 88 homes and apartments and also incorporates a central public greenway within Stage 1, all designed by Common Ground Urban Designers.

The greenway links to a new walkway and cycleway adjacent to Arthurs Point Road which will eventually link to the greater Arthurs Point community.

Developer Shane Fairmaid said “the homes are targeted as attainable for locals at a price we hope is attractive to first home buyers and young families.”

“In later stages there’s a mix of homes and apartments which may well appeal to both investors and families as holiday homes close to Queenstown and the ski fields, but we feel there will be strong desire from locals initially,” said Shane.

“We’re aware there is strong demand at the moment for homes of this nature and we’re confident people will appreciate the high-quality design look and feel that we’ve crafted within these homes,” he added.

“Work on site has commenced and we expect the first 14 Stage 1 homes to be completed by the end of 2017.”

Designed by Christchurch-based Foley Group Architecture, the homes span two storeys each with different offerings and configurations. Homes boast open plan kitchen, dining and living areas on the upper level opening onto north facing sunny patios and private gardens.

Bullendale is well located less than fifteen minutes from Queenstown and only a one minute drive from the Coronet Peak ski field road and ten minutes from Arrrowtown.

Stage One is being marketed by deadline sale. No homes will be sold prior and all offers will be presented to the developers on the afternoon of February 14 2017.

For more details visit www.bullendale.co.nz

ENDS
Picture captions:

1/ Bullendale offers two and three bedroom configurations
2/ Bullendale is designed to the highest standards
3/ Bullendale spans a four hectare site in Arthurs Point

For more information please contact:

Naomi Lindsay
Lindsay Communications
E:
naomi@lindsaycommunications.co.nz
M: 021 942 502