The first stage of KiwiBuild apartments at Queenstown’s Te Pā Tāhuna has sold out after strong demand from first home buyers.
The master-planned, residential development just a short walk from central Queenstown offered ten KiwiBuild homes, a mix of one and two-bedroom properties, to eligible buyers in the first stage with more planned.
Ngāi Tahu Property general manager Blair Forgie says demand for both mainstream residential and KiwiBuild homes has been high and there are currently three remaining live-work units available for sale in the first stage release.
He says enabling home ownership opportunities for first home buyers, especially considering the challenges of the current housing market, is a key part of the development.
“These apartments have been carefully designed with an emphasis on practical living spaces and efficient heating and ventilation systems. Te Pā Tāhuna will be at the heart of the urban renewal planned for Gorge Road and Ngāi Tahu Property is proud to be part of that.”
Ray White real estate agent Cameron Reed says it has been an extremely rewarding part of the process to work closely with KiwiBuild buyers and help them achieve their dream of getting on the property ladder in Queenstown.
“I’ve really enjoyed helping people buy their first home close to central Queenstown. Seeing the excitement and joy that comes with a first home purchase is always very worthwhile.”
Successful Kiwibuild buyer Enrica Flore moved to Queenstown permanently two years ago and is excited to have purchased a two-bedroom apartment at Te Pā Tāhuna. She says securing a spacious home so close to central Queenstown at a price she could afford was incredible.
“I had no hopes of getting it, it was one of those things like playing the lottery. I was saving for ages, but prices everywhere kept going up. Getting this house was a big help.”
More than 300 homes are being built at Te Pā Tāhuna. Approximately one-third will be available to people who qualify for KiwiBuild. To stay up to date on the next release of homes register your interest at tepatahuna.co.nz or contact Cameron Reed at Ray White Queenstown.