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Ray White Queenstown Secure Lake Edge Residential Development

For all details please see the Lake Edge Residential Development website

A unique and historic lakefront residential development site – situated next to the Kawarau Village in Frankton – will be released to market on-site this weekend (March 15 and 16).Lake’s Edge is being brought to market by Ray White Queenstown and the open-for-inspection weekend will be the first opportunity the public will have to view in-depth plans for the sought-after area. The company unveiled the development at ‘The 19th’ area of the NZ Open a couple of weeks ago with “great interest”. Marketed as “Queenstown’s best lakefront development”, Lake’s Edge is positioned in an idyllic location close to Queenstown and is the only subdivision of its kind currently available.Lakes Edge Queenstown

Ray White Queenstown salesperson Cameron Reed said there was nowhere in the area that had “such amazing views and location”.”Opportunities to own and build on sections as unique as Lake’s Edge simply don’t exist. It’s an incredible piece of land,” said Mr Reed.”From the absolute lakefront sections to the elevated sites with stunning views, each offers that something extra special, with design guidelines that will protect the views from all sections.””This is an outstanding opportunity to own a slice of Queenstown paradise,” he said.”The feedback we had during the NZ Open was fantastic and people are excited to get on-site and gather more information about the development.”

Situated within the Kawarau Village, and once part of the expansive Kawarau Falls Station, Lake’s Edge is steeped in history and is the former site of Queenstown founder William Rees’s home, making it an important part of the area’s heritage.

The development site affords amazing views of the clear waters of Lake Wakatipu, the slopes of Coronet Peak, the towering Remarkables Mountain range, the historic Kawarau River, Skyline, Crown Range, Ben Lomond and – from the higher sections – as far away as Arrowtown.

The extremely sunny sites are positioned within the popular Kawarau Village and the array of shops, cafes and restaurants on site and are within easy access to the Queenstown Trail which winds its way along the bottom of the site alongside the lake’s edge.

The Remarkables ski field access road, Queenstown International Airport and Remarkables Park Town shopping centre are all less than five minutes’ drive away and Queenstown’s CBD just 10 minutes’ drive. The sites, which range in size from 515sq m to 1,047sq m, are priced from $500,000. The open day takes place from midday on Saturday and Sunday March 15 and 16. All services will be installed to the boundaries and design covenants will be in place to protect the views of all the development and maximise the natural surroundings. Titles are expected to be issued in 2015.

For all details please see the Lake Edge Residential Development website


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Successful Appointment for Ray White Queenstown

Ray White Queenstown has received a significant appointment to sell down 20 sections in the Jacks Point development. Located just outside of Queenstown, the Jacks Point development has 600 lots in total with about 200 lots in private ownership.  Section sizes range from 800 to 1,200sqm.  The sections that Ray White Queenstown is auctioning are in the prime area of the subdivision and have government valuations of $450,000 to $550,000. The majority of the sections are around 1,100sqm.

Bas Smith, the co-owner of Ray White Queenstown, said that the vendor bought the sites from the original developer in 2006.  He said “Jacks Point is arguably one of the best residential developments in New Zealand and given the prices have been adjusted by almost 50% on the valuation, these sections represent outstanding value.”

Sales manager for Ray White Queenstown, Wayne Cafe, said that the reserves for the sections had already been set at $165,000 to $205,000.  He said that the sale of the sections must go ahead and the prices have been set accordingly to ensure that every section is sold on auction day.

The Jacks Point development is a 1,200 hectare project located 15 minutes out of Queenstown.  The precinct has approval for golf, housing and entertainment.  There are currently more than 20 homes being built and another 80 or so properties have gone through the design review process and are expected to be built in the next 12 months.

For information regarding the sale of the Jacks Point sections please contact Bas Smith 021 616 141 Wayne Cafe 0274 350 411

Please see the story which appeared in the NZ Herald

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Queenstown is Top Office

Ray White has been positioned in the Queenstown market for just on five years. Over that time the business has made steady progress whereby today it is considered to be one of the market leaders.  Last month the office achieved the top position in New Zealand. 

In speaking with one of the business owners, Bas Smith, he attributed the result to a consistent focus on listing and marketing for the business.  The brand awareness he said has continued to grow with their market share and the fact that momentum is creating momentum. 

As part of the month’s sales there was a mixture from a $300,000 unit in Cardrona through to a large development site of just over $3 million. The office has attracted a number of top people who have made a difference to the business.  Mary Turnbull recently joined the office from Locations and Bas said that her focus and leadership was already showing dividends.

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