60 | DEVELOPMENT Procon Development: Bullenrise T T Alexia Anderson Project will add 91 residential sites The Bullenrise development provides an opportunity to secure a freehold serviced lot ready for building with preliminary designs already approved by the Queenstown Lakes District Council. A new neighbourhood is coming to Arthurs Point, providing ample opportunity for those wanting a slice of paradise in the Queenstown Lakes District. Nestled in the historic township of Arthurs Point, just 10 minutes from central Queenstown, Bullenrise is being developed - adjacent to the popular Bullendale medium density development. Its attractive destination offers more than just scenic landscapes in the centre of what has been dubbed the adventure capital of New Zealand. Bullenrise, which will be connected to Bullendale, is a great investment opportunity, sitting on a prime location, near the turnoff to Coronet Peak, one of the area’s most popular ski fields, just a 15 minute drive away. The attraction of Bullenrise not only lies within a welcoming setting, but it also offers affordability and potential for anyone wanting to get on the property ladder, or add to their portfolio. The development provides an opportunity to secure a freehold serviced lot ready for building with preliminary designs already approved by the Queenstown Lakes District Council, at an affordable price. Marketed with the tagline ‘think big or build small’, Bullenrise has immense potential with most lots capable of housing multi-units, ranging from one house or up to 12 apartments. The sites are perfect for a range of purchasers, whether it be those aspiring to get into their first home, as well as builders and developers looking for their next project. Earthworks and civil construction are expected to commence from mid-2024, with titles expected to be issued in the latter half of 2025. Once completed, Bullenrise will have 91 residential sites, which will go some way towards supporting the district’s need for more housing. Bullenrise Developments Ltd director Mark Tammett has elected not to build on the sites himself. “I’ve just had my consent variation issued to create those lots in advance of building,” he said. He will instead focus on his specialty of civil engineering – the roading and all below ground services, making way for individuals, builders and developers to progress the building as their own, to their own timetable. The easiest way to build will be to the building plans already approved in the resource consents for each site, which goes to the extent of requiring certain external colour schemes and exterior cladding. Alternatively purchasers may elect to seek a consent variation to allow them to change what is consented for their site. As part of the consent requirements, a site consented for nine homes has been allocated to the Queenstown Lakes Community Housing Trust, which provides support to Queenstown residents seeking an affordable home. The trust will take possession of the serviced site at no cost. The trust aims to shape Queenstown’s future by creating more affordable housing for those in need. “I bought it knowing that agreement was already in place. It allowed the development to be consented to a density that would otherwise struggle to get consented, to help alleviate Queenstown’s housing shortage,” Mark says. Mark has managed infrastructure and land development projects throughout the South Island for more than 20 years. His business, Procon, delivers project management and contract delivery solutions to other clients such as Infinity Investments Ltd and NZTA (Waka Kotahi), mainly focused on civil engineering and infrastructure rather than building projects. Procon manages the Ravenswood project in North Canterbury, which has delivered about 1200 residential lots to the market in the past five years. Mark is also the development manager for Shannon Farm, which is home to about 150 lifestyle lots on the hills above Cromwell. Now with Bullenrise in the mix as a project he owns himself, bringing with it a promise of affordability, accessibility, and community support, Mark invites both Queenstown residents and investors to embark on their next journey in the heart of Arthurs Point. • For more information including pricing visit Bullenrise.co.nz CLARK FORTUNE McDONALD LAND SURVEYORS - LAND DEVELOPMENT - PLANNING CONSULTANTS QUEENSTOWN | DUNEDIN | CHRISTCHURCH | GORE www.cmfa.co.nz
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