Five lots for sale at Jack’s Point’s The Preserve Farm will be some of Queenstown’s most expensive sections.

Ranging from 1.7 hectares to 3.61ha, they’re in addition to The Preserve’s original 34 sections, which all sold out.

The new lots — also offered by Jack’s Point’s original developer, Darby Partners — are expected to fetch between $3 million and $4m, compared to The Preserve’s record price of $4.85m, and are on the northeastern tablelands.

Unlike some of the lakefront sections, ‘‘they don’t have big lake views, but they do have amazing views of the Remarkables and are sunny and sheltered,’’ says Ray White Queenstown agent Bas Smith, who’s marketing the lots.

‘‘It was a piece of land at the top which was always earmarked for development.

‘‘I think there’s going to be solid competition for them because they are the last sites in The Preserve.’’

Each lot includes a ‘homesite’ area of between 2400 and 2900 square metres, in which all building work and landscaping has to be undertaken except for driveway access, underground services and wastewater disposal systems.

The remaining area of each lot is covenanted as ‘open space’, principally for the retention and enhancement of grasslands, wetlands, tussock land and grey shrubland.

The tablelands sections also come with specific architectural design controls.

Smith notes The Preserve’s seen not only some of Queenstown’s highest land sales but also ‘‘a selection of some of the finest architecture in New Zealand’’.

He says the current development of the village beyond the existing Clubhouse Restaurant is also adding value to the whole of Jack’s Point.

Due to their size and contouring, these latest sections will also be very private, he adds, though residents will still be able to see their neighbours.

‘‘I think the big attraction is the life style of being able to live by a golf course, walk out the door with your clubs, and then also be able to wander down to the village.’’

Smith believes these sections will attract owner-occupiers, holiday home owners and Aussie golfers.

‘‘The high end is not slowing down.’’

Some buyers who missed out on earlier sections at The Preserve might also return, he suggests.

Titles are due in 12 to 15 months’ time; meantime, buyers pay a 10% deposit.

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