What's happening in the market right NOW
Read Here
News

Housing project in Queenstown could see over 2100 homes built

By Nina Jensen

The Queenstown housing crisis has received a long-term reprieve, with a plan change allowing for a large housing subdivision signed off by the Queenstown Lakes District Council.

At a council meeting, held in Queenstown on Wednesday, councillors adopted commissioner recommendations to rezone 520 hectares to allow for higher density at Hanley Downs, formally called Henley Downs, next to the exclusive Jack’s Point resort.

Jack’s Point and Hanley Downs were zoned for a resort 10 years ago, containing about 1300 lifestyle houses, a golf course, restaurant and village.

Hanley Downs Australian owner, RCL Queenstown, plans to build between 1279 and 2164 houses at a start price of below $500,000.

Its lawyer Mike Holm argued approving the plan would help alleviate Queenstown’s critical shortage of affordable housing.

Hanley Downs had “by far the largest potential of anywhere in the Wakatipu Basin to provide a range of much needed housing” and was far ahead of any other residential or special housing area proposal.

Over 30 submissions were received on the plan, including a number of Jack’s Point home owners who were worried about their views being built out or said the reason they had bought there was because it was low density.

A report by council district plan manger Blair Devlin and planning and development general manager Tony Avery presented to the council supported the recommendations and said “the plan change has been through a thorough process”.

Experienced commissioners have “reached a robust decision” and there were no disadvantages of accepting the commissioners recommendations.

The housing would help meet the “current and future needs of good quality local infrastructure”.

Source: Stuff.co.nz

February 2016

Up to Date

Latest News

  • Isovival Guide 2020 – Part 10

    We’ve entered week 4 and it’s a little chilly outside. Get cosy, it’s…… Friday Night – Iso-date Night: Movie Night! Movies and real estate don’t have a lot in common until… the beautiful Arcadia Station. Arcadia is one of New Zealand’s best known movie locations and has played host to … Read more

    Read Full Post

  • Iconic NZ farm sets world on fire before selling to a local

    ONE of the most beautiful farms in the world, Arcadia, in the heart of Middle Earth near Queenstown, New Zealand, has just been sold for a multi-million dollar sum on the eve of the NZ lockdown, after more than 80 years in the same family. Ray White Queenstown’s owner and selling principal … Read more

    Read Full Post