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QUEENSTOWN RESIDENTIAL UNIT DEVELOPMENT

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June, 2023

A local company has applied for resource consent for an
affordable 35-unit development in Queenstowns Shotover Country
called Twin Rivers.
The project partners are GJ Gardner Homes franchisee Nick
Tapper, wholl build it, Peter Campbell, director of high-end
building company Triple Star, and builder Dan Foggo.
They bought the 7825sq m site to the right of the first
roundabout coming in from the state highway about 18 months
ago, along with a commercial block on the other side of Stalker
Road.
The first site already had consent for 24 townhouses, however the
new owners have increased the density to 35, while keeping
effectively the same design by Auckland-based DKO Architecture.
The density wasnt quite enough because it meant the units
were too big and too expensive, Campbell says.
Their 100sq m two-bedroom, two-level townhouses will now start
from less than $800,000.
Three of the four blocks will comprise 26 two- and three-bedders
while the other block will comprise nine four-bedders each
217sq m over three levels.
These will be priced in the early $1million bracket.
Campbell: My interest is bringing some affordable
accommodation to the market, ideally for some of the people who
work for me, and same with Nick.
Its basically based on more density, where people dont have to
have a big stand-alone section.
Theres off-road parking for all units and over half have garages.
Its just a good, standard, middle-of-the-road product that suits
the location, and theres a lot more needed of this in the area.
It ticks all of the boxes of what both local and central
government are looking at to take up the shortfall.
Campbell also notes the development is advantaged by being next
to a bus stop, opposite a preschool and 50m from Shotover
Primary.
After almost a year of to-ing and fro-ing with Queenstowns
council, hes hoping the consent process goes smoothly and they
can start marketing Twin Rivers late winter/early spring.
He thinks itll appeal to both owner-occupiers and investors.
Theyd then aim to start building early next year, for completion
12 to 18 months later.
Meanwhile, theyre also negotiating to tenant their commercial
site for a small cafe, grocery store and offices.
Campbell says thats what were missing in the area.
Theyd then finalise a design and also lodge that for a resource
consent, then hopefully start earthworks on both sites at the same
time.
For landscaping and consenting, the developers have worked with
Baxter Design Group and Bridge Consulting, respectively.

Source: Mountain Scene