An undisclosed, established retirement home operator has bought a site in Queenstown’s entry-level Shotover Country subdivision.
The retirement village, Queenstown’s first, would cater for about 300 people in 85 independent villas, 36 apartments and 40 rest care units.
A 23-bed hospital and community centre are also included along with recreational facilities such as a bowling green, swimming pool and fitness centre.
The company has signed a contract with a period of due diligence, Shotover Country co-developer and sale manager Sharyn Stalker says.
“There is very strong demand from people in the Queenstown and Central Otago area for a superior retirement village which will enable local residents to remain in the district rather than being forced to relocate to other centres.”
Stalker expects, subject to consent approval and demand, that development of the first stage including the administration centre and the initial villas, will proceed late next year.
Bordering Lake Hayes Estate and close to Frankton, Shotover Country is zoned for about 750 home sites.
The first stage of Shotover Primary, within the subdivision, opens at the start of next year.