Homestead Bay exclusive, unique
Homestead Bay Peaks, tipped as the most unique and exclusive property development currently underway in Queenstown, will offer 12 highly desirable lots of 1.06 to 2.49 hectares following completion of well advanced engineering works and final sign off mid this year.
The subdivision is part of the Homestead Bay master development on 45 hectares, partly owned and governed by Auckland-based company Viranda Partners Ltd.
Viranda Partners director Andrew Guest, an Auckland barrister, says the land purchased by the company at Homestead Bay in 2016 from its founding farmers, the Jardine family, is an amazing and unique property.
Stage one, Homestead Bay Peaks, a short drive from Queenstown’s airport and the numerous restaurants, hospitality venues, wineries, golf courses and world renowned attractions in the Wakatipu Basin, is one of four planned stages of the $280 million development.
Although Homestead Bay’s dramatic mountain backdrop of the 2,300 metre Remarkables and equally stunning mountain vistas over Lake Wakatipu are strong selling points, Homestead Bay offers a unique aspect, Andrew says.
“It is naturally terraced down towards the lake. Very rarely is there a block of that size sloping down towards and enjoying a kilometre of lake frontage. It’s perfectly angled to create a stunning lakeside European feature.”
Queenstown firm Clark Fortune McDonald has been engaged to undertake the land development and planning of Homestead Bay, which has been master designed by Dunedin architects Mason and Wales as a European style lakeside village.
The future three stages of the development will comprise Homestead Bay Village Apartments, an apartment complex of 300 to 400 units, Homestead Bay Village Retail and Hotel, and Homestead Bay Marina which will provide for residents’ and visitors’ boats as well as a ferry service.
The scope of the development creates considerable complexity in the planning process, with multiple consents required; some will hinge on the outcome of the present district plan review, however Homestead Peaks and the village area are already “in-zone” and approved.
Although houses built in the Homestead Bay Peaks subdivision will be subject to covenants and approval by a residents’ association, there will be ample scope to showcase personal preferences in design, materials and colour palettes.
“There is a vision for Homestead Bay to have a continuity of design and character across all builds, with incorporations of individual style welcome.”
While Homestead Bay Peaks will be unique and exclusive in terms of its design, section offerings and the multi-million architecturally designed homes that will be built on them, Homestead Bay is being created to be visitor friendly for nonresidents.
“Homestead Bay will be a go-to destination.” Expressions of interest are currently being accepted over all stages of the development.
“With such a range to choose from, there is something suitable for every lifestyle. Anyone’s future property or business could be situated within this exciting development.”
Through Andrew’s past association with the University of Otago faculty of law, Homestead Bay developers have already established a scholarship known as the Homestead Fund, extended further by donating a future lakeside title to enable further scholarships.
“The total value of the Homestead Fund will be $650,000 to $750,000. It’s part of giving something back from the development to a leading and wellrecognised Otago academic powerhouse.”
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