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A hundred premium Queenstown sections add much-needed land supply

A hundred premium Queenstown sections add muchneeded land supply

Queenstown’s newest residential subdivision is providing discerning purchasers with a rare opportunity to acquire land in a boutique enclave elevated above popular Lake Hayes Estate. Kawarau Heights will comprise 100 freehold sections on a north-facing plateau with spectacular 360-degree views taking in Queenstown’s iconic mountains including the Crown Range, The Remarkables, Coronet Peak and Ben Lomond.

Colliers’ James O’Hagan, who is selling the subdivision, says Kawarau Heights will appeal because of its boutique positioning, north facing aspect and amazing outlooks.

“Every square metre of Kawarau Heights has been carefully considered to create a desirable community with an emphasis on quality. Design and landscaping guidelines have been developed to craft a cohesive neighbourhood that’s in keeping with the rural and natural alpine environment.

“While the average section size is 615sqm, there are a range of options available from 290sqm through to 2,710sqm. A flat contour should make for easier construction and minimised earthworks.”

Raylene McQueen, who is selling the subdivision alongside O’Hagan, adds that its value is underpinned by a well-connected location to enjoy the Queenstown lifestyle.

“Kawarau Heights boasts an exceptional balance between breath-taking scenery and convenient location. Importantly, the subdivision is within walking distance of a primary school, multiple early childcare centres, a medical precinct and its very own retail offering that will include cafes and convenience retail.”

“Residents will have access to over 130kms of off-road trails on their doorstep, including the Twin Rivers trail that runs adjacent to the subdivision.

O’Hagan says that the sites have become available at the perfect time with demand continuing to outstrip supply in the ever-popular region.

“Queenstown has historically outperformed other New Zealand markets and remains an appealing destination for property ownership and investment. Land is now in short supply, so residential section sales are exceeding $1,000 per sqm.

“Despite the impact of COVID-19, market conditions are favourable as interest rates remain at record lows and recent changes to the Brightline Test and proposed tax policy changes favour new builds. We’re seeing banks offering compelling new-build mortgage rates as low as 1.79 per cent.

“An influx of people coming from overseas and expats returning home is adding to strong existing local demand, and fear of missing out remains apparent among prospective purchasers.”

Kawarau Heights is being developed by Queenstown Commercial – a company associated with award-winning private family development company, The Sanderson Group. They were instrumental in the development of the Queenstown Country Club Retirement Village and are completing the Kawarau Park Medical and Retail Precinct which will accommodate Southern Cross - Queenstown’s first private hospital.

O’Hagan says that interested parties should enquire today to avoid missing out on securing a piece of this special land.

Registrations are encouraged at kawarauheights.co.nz


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James O'Hagan

Commercial Broker | Sales Consultant

Queenstown

James has an insatiable passion for property. He has amounted over 20 years of experience in senior management positions across Australia, USA, the Middle East and New Zealand, and was previously Managing Director and Sales Manager for Colliers Otago. He holds multiple degrees including a Master of Science in Real Estate from Columbia University. James has personally developed his own projects and in 2017 won an NZIA Architecture and Master Builder awards for his Kelvin Heights home. He is now channelling the same passion into advising clients and providing them with a bespoke service offering tailored to their needs.

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Raylene McQueen

Sales Consultant

Queenstown

As a qualified interior designer having worked on luxury homes throughout the United Kingdom, Raylene brings a natural gift for understanding a space’s potential. Her creativity permeates into her approach to real estate, constantly challenging the norm in favour of executions that provide the best outcomes for her clients. Watching how other industries have adapted to the digital age she is driven to combine high end presentation with innovation to appeal to the modern buyer and seller alike.

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