Developers of Queenstown’s newest subdivision expect to sell their first 50 sections by Christmas.
Queenstowners Sharyn and Grant Stalker are preparing to market Shotover Country after the last Environment Court appeal against their plans was withdrawn by neighbour Sheena Haywood.
The Stalkers say their supporters will be offered the first bite of the cherry in October, before the public are targeted about November 1.
“We will sell the first stage privately, as developers,” Sharyn, a former real estate salesperson, says.
“We’ve got a big database.”
The Stalkers’ plans for their 750-section Shotover Country subdivision – being developed in conjunction with neighbouring landowners – were first unveiled in Mountain Scene five years ago.
The terraced site is bordered on the west by the Shotover River and Frankton Flats and on the east by the nearly-completed Lake Hayes Estate subdivision.
Grant says he’s found the planning process “both a bit longer and more complex than we’d ever envisaged”.
“But we’re confident there’s still a high demand for entry-level housing, and we are grateful to the council for their vision in backing the project.”
Before the Stalkers go to market the council has to ratify a plan change and approve their infrastructure and outline development plans.
It’s estimated the infrastructure spend will be $60 million.
Construction on the first houses could start this summer, the Stalkers say, although full titles aren’t expected till mid-2013.
The couple say their first sections will be priced from $180,000 to $200,000.
“They’re flat, easy-build sections,” Sharyn says.
“We want Kiwi-style living in that first stage to get the development going.”
The first sections will be 600 to 700 square metres though later medium-density lots will be down to 450sq m or less.
Three and a half per cent of the sections will be developed as affordable housing by the Queenstown Lakes Community Housing Trust.
Three hectares have also been zoned for educational purposes.
The Ministry of Education is in discussion with the Stalkers over using this site for a primary school.
The Stalkers won’t comment, but real estate sources say a school will spur section-buying.
In time the subdivision is expected to merge with Lake Hayes Estate, which has about 550 houses.
“It will become one community which will be the size of Arrowtown,” Grant says.
The new walking/cycling Queenstown Trail will link Shotover Country with Lake Hayes Estate as well as Quail Rise, across the river.
The Stalkers have named their subdivision after Shotover Country Park, which they’ve visited, near Oxford, England.