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October, 2020

A newly-completed luxury apartment complex close to downtown
Queenstown could set a trend for the future.
The five-unit Lakeside Villas, clad in striking cedar, sits right beside busy
Frankton Road and adjoins Oaks Club Resort, to the east, and Spinnaker
Bay Apartments to the west.
Four of the generous-size apartments  219 square metres including
garaging  are four-bedroom, four-bathroom over three levels.
The easternmost has three bedrooms and three bathrooms over two
All are distinctive for their view shafts, schist walls, dramatic ceilings,
floor-to-ceiling glass and other luxury touches.
All pre-sold  the last, in May this year  for about $2.5 million a pop.
Four of the buyers were Kiwis and the other a Kiwi-Aussie couple.
The developer, Gold Coast-based Macroland, has a number of
developments in Australia and, according to Project360
founder/director Mark Neal  whose Queenstown company was Lakeside
Villas development and project manager  is looking for another local
Macroland bought the 949sqm site and plans off the original
Christchurch-based developer.
The projects Christchurch architect, Rohan Collett, says: I think the
popularity of them shows the quality of them.
Obviously the sites amazing because of the views, but I think we
offered the market something thats possibly not that common in terms
of their quality.
Both he and Neal praise the builder, Scott Construction, for coping with
challenges including a difficult excavation and tricky site access.
That project wouldnt have seen the light of day without those guys,
Neal says.
They brought in a lot of efficiencies in the way they did things  they
kind of derisked the project a lot.
Scott Construction general manager Tony Dodds is also delighted with
the result.
Including excavation and the Covid lockdown, the project took 18
months, he says.
Settlement for the five villas, currently being furnished, should happen
later this month.

Source: Mountain Scene


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