Interest in village concept

The proposed sale of Mt Cardrona Station in the Cardrona Valley has attracted some expressions of interest, the company marketing the property said yesterday.

CBRE senior director Warren Hutt declined to say how many potential buyers there were, as the sale process was still at a confidential stage.

The deadline for expressions of interest was on Monday.

"We're in a situation where we're working with those parties and also the vendors at the moment," Mr Hutt said.

The 134ha high-country property has consents and zoning in place to build an alpine residential and visitor accommodation village. It contains all of the land subject to the Queenstown Lakes District Council's plan change 18, which allowed for the creation of the Mt Cardrona Station special zone and was adopted by council on November 22.

The development's master plan would create what would become known as Mt Cardrona Station Village, a mix of commercial, retail, residential and visitor accommodation, alongside educational and recreational facilities; all catering for up to 3000 people.

lucy.ibbotson@odt.co.nz

 

 

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