Homestead Bay FAQ – Stage One
Q: Can I visit the development to take a look for myself?
A: You’re very welcome. If you drive through Jacks Point, keep driving past the Clubhouse heading in the Kingston direction and you’ll come to the stone walls that signify the start of Homestead Bay. There is site signage at the gate which will show you what’s going where.
Q: Who are the developers?
A: The development is being driven by Auckland-based Homestead Bay Trustees Ltd which includes Viranda Partners.
Q: What is the timeline for different stages of the development?
A: The overall zoning for the site has been granted. Initial sections have been sold in the Homestead Bay Peaks subdivision and we’re currently going through the resource consent process for further residential, hotel and marina development. As it’s a reasonably large-scale development, the planning process requires multiple consents over time. Plans for residential apartments, a retail village and hotel and a marina will be announced in 2019 subject to Queenstown Lakes District Council planning procedures.
Q: How much interest has been shown for Homestead Peaks?
A: Seven of 12 lots have already sold to local and international investors. Potential buyers are encouraged to register their interest in any of the remaining sections by contacting Chris Campbell from Bayleys Realty Group or enquiring online.
Q: Are there any design restrictions in Homestead Bay Peaks’ subdivision?
Yes, in order to preserve 360-degree views and privacy for all owners, homes will be single-storey only and subject to further covenants to ensure appropriate design for the area.
Q: How much are Homestead Peaks sections selling for?
The remaining lots range between 1.06 hectares (three acres) to 2.49 hectares (six acres) in size and are priced by negotiation.