Bullendale, at Arthurs Point, was yesterday given the green light to build 88 medium density homes and apartments, aimed at first-home buyers.
The development is spearheaded by the March family in conjunction with Shane Fairmaid.
Bullendale, which takes its name from the old mining settlement in Skippers Canyon nearby, is located on Arthurs Point Rd next to Shotover Lodge. Stage one, on a 4ha site, comprising 14 semi-detached townhouses, ranging from 105sqm to 165sqm, in two-bedroom and three-bedroom configurations was launched to the market this week.
The deadline sale date is February 14.
The full development would also incorporate a central public greenway within the first stage, all designed by Common Ground Urban Designers. The greenway would link to a new walkway and cycleway beside to Arthurs Point Rd which would eventually link to the greater Arthurs Point community. Mr Fairmaid said the homes were targeted as "attainable for locals" at a price he hoped would be attractive to first-home buyers and young families.
"In later stages there’s a mix of homes and apartments which may well appeal to both investors and families as holiday homes close to Queenstown and the skifields, but we feel there will be strong desire from locals initially," he said.
Work had started on site and Mr Fairmaid expected the first 14 homes to be finished by the end of next year.
The two-storey homes were designed by Christchurch-based Foley Group Architecture. The houses would have different configurations with open plan kitchen, dining and living areas on their upper levels opening on to north-facing patios and private gardens.
