Bullendale project meets the market

Bullendale project meets the market
Mike Greer Homes, in conjunction with developer Momentum Projects, have delivered superb villas in the first two stages of Bullendale.

The ability of Mike Greer Homes to build 26 high quality villas in a relatively short time frame has been a key to the success of Bullendale, one of Queenstown’s newest property developments.
Bullendale is a master-planned medium density development with a Special Housing Area designation at Arthurs Point, about 10 minutes drive from Queenstown.
The contour of the land means many of the villas are on sloping sites.Given this, Mike Greer Homes project manager Chris Lawrence describes the project as having been challenging in terms of delivering a high quality product at a price point acceptable to the developer, as well as working to the narrow time frame in the tight Queenstown labour market.
Consent for the development was granted late 2016 with construction beginning mid-2017.
Chris believes Mike Greer Homes, in conjunction with Momentum Projects, have delivered superb villas in the first two stages of Bullendale at excellent price points, from $879,000 for a three bedroom, two-bathroom, two car garage.
“The end product is very good and everybody seems very happy with it. It’s fantastic,” Chris says.“Stage one and two were sold out prior to construction, so it meets the market.”
Most importantly, the buyers of the villas are enjoying living in their new homes and the lovely semi-rural location of Arthur’s Point with easy access to Coronet Peak, Arrowtown and Central Queenstown, he says.
“All the residents have all said the villas are incredibly quiet inside and they are very warm.”
Momentum Projects director Shane Fairmaid says, following the sell-out of stage stage one and two, there were just three of the 34 units in stage three available early April.

Bullendale project meets the market
Bullendale is a master-planned medium density development with a Special Housing Area designation at Arthurs Point, about 10 minutes drive from Queenstown.

“There’s certainly been pretty strong demand for the housing at Bullendale,” Shane says.
“We feel that we’ve got a price on the units that’s reasonably attractive to the market. They are certainly a well specified product.”
Shane has a long standing relationship with Mike Greer Homes and has worked with the company throughout New Zealand.
“They are a competent contractor and we needed them on this project; it certainly has had it’s challenges, but you can always rely on Mike Greer Homes to step up to the plate when required and certainly in this case they have done so on Bullendale.”
“There have been many positive comments made about the quality and aesthetics of Bullendale and it was great to see landscaping plantings having the benefit of two growing seasons and families enjoying living there,” Shane says.
“It’s looking really good. “We invariably get really positive comments about it.”
He also praised Queenstown Lakes District Council’s role in creating the Special Housing Area on which Bullendale is sited. “It’s been really positive and has enabled us to do this.
“You would struggle to do medium density development otherwise; with the SHA in place it enabled us to do Bullendale quite quickly and get houses on the market.”
Shane said that about 15 of the 26 stage one and stage two houses had been sold to first time buyers.
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