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June, 2012 A UK-based entrepreneur whose company now owns a blue chip Queenstown residential development believes the time is right to breathe life back into the exclusive rural offering.Bendemeer, an exclusive rural property development in the heart of the Wakatiu Basin, is set amongst some of the regions most sought-after real estate. Alistair Jeffery, formerly of Dunedin and now UK-based, originally bought a section in the development in 2006. He is now is the sole shareholder and director of Mount Farm Ventures, which bought the 23 remaining sections within Bendemeer in September 2011. Mr Jeffery is thrilled to see the new life that has been put into the development and believes now is the ideal time to step up promotion of the development and its ideal location to investors in New Zealand and offshore. The original essence of Bendemeer is very sound - a high-quality, family- orientated community located on an elevated, high sun exposure block of land. This is evidenced by three recent sales that are due to settle very soon, he said this month. The positive management and administration that has been put in place is clearly working, and were now well set to continue to attract owners for the remaining lots on the 130-hectare development. Mr Jeffery said people who lived overseas and came back to New Zealand realised how highly Queenstown ranked on a global scale, and how remarkably unspoilt it was. A new building project is currently underway at Bendemeer and at least two more are projected to start this year. The Woolshed, part of the farms original cottage, is now used as a sales and entertainment complex and is available for functions. The schist stone building retains many original features including wool-sorting tables and farm machinery, and was the winner of a New Zealand Institute of Architects Award following its completion. The building also contains two stylish lodge rooms as accommodation options.
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