Queenstown Lakes Community Housing Trust has picked GJ Gardner Homes as its building partner in the first stage of the Lake Hayes Estate village development.
The project is stage one of the Nerin Square village site and comprises five terraced houses alongside Onslow Road.
All homes are three-bedroom, two-bathroom and on their own freehold titles.
“GJ Gardner has an unsurpassable reputation for building quality homes at affordable prices,” says deputy trust chair Barry Robertson.
“These homes are architecturally-designed with very good street appeal and good quality internal fitouts.”
Laurie Mains, owner of the local GJ Gardner franchise, says he’s delighted to be part of the Queenstown Lakes District Council quango’s first development.
“We are thrilled to be working with the local housing trust on this exciting new project,” says Mains, who comes from a strong Otago sports background. He coached the All Blacks to the Rugby World Cup final in 1995.
The trust is looking to provide a variety of ownership structures to enable local families to get into the houses.
The principal of these is the shared ownership programme.
The trust buys between 15-40 per cent of the property while the homeowner funds the remaining share through their own mortgage and deposit.
The programme has proved popular so far with 19 households signing up throughout the Wakatipu and Wanaka.