Thank you for using Neighbourly
By reporter Debbie Jamieson:
Property developers are coming up with new models for much-needed worker accommodation to alleviate a chronic housing shortage in Queenstown and Wānaka.
The South Island’s scenic Queenstown Lakes District has a well-documented housing crisis largely driven by … View moreBy reporter Debbie Jamieson:
Property developers are coming up with new models for much-needed worker accommodation to alleviate a chronic housing shortage in Queenstown and Wānaka.
The South Island’s scenic Queenstown Lakes District has a well-documented housing crisis largely driven by the high cost of land, a shortage of housing and the financial appeal and growth of short-term visitor accommodation options such as Airbnb in residential property.
This has led to difficulties with finding accommodation for seasonal workers and working holiday visa holders employed in tourism and hospitality, which has affected many businesses.
Chris Broadhead, a Timaru-based commercial and industrial property developer, wanted to build a commercially viable development that would help the situation in Wānaka.
The solution he came up with was the 15-unit Reece Quarters project (artist's impression attached).
The seven-bedroom units would be based in a semi-industrial area, about 15 minutes’ walk from central Wānaka.
They would be sold separately and leased to people and businesses based exclusively in Central Otago.
They were different from traditional residential homes because they could be bought and leased as commercial entities, providing flexibility not available in traditional residential accommodation, Broadhead said.
Potential lessees included out-of-town businesses who wanted to house employees in Wānaka for short-term contracts, large seasonal employers, and local hospitality business needing homes for staff.
The apartments would each have en suites and separate heat pumps in each bedroom, dual kitchens and laundries, and communal living and dining spaces.
Some larger apartments would have configurations to cater for office space or extra bedrooms.
A covenant on the title requiring tenants to be working in Central Otago would ensure the units would remain as worker accommodation for the first 10 years, Broadhead said.
“I’m trying to support the community and make sure they don’t go to Airbnbs – it’s stuffing towns all over the world that are tourist destinations.”
The development has been on the market since the end of January with a starting price of $2 million (excluding GST), and one has sold.
Broadhead said the first stage would involve four units, and once that stage sold, he would commit to the remainder.
He anticipated investors would get a return of about 7.5% or more depending on their lease arrangement.
He had already been approached by another Wānaka investor looking to undertake a similar development in two years.
“The concept is completely new. It’s not been done in Queenstown or Wānaka at all,” he said.
The push for a new model of worker accommodation is forcing innovation in nearby Queenstown also.
Australian-based No.1 Hansen Road Ltd is seeking a fast-tracked resource consent for a 554-unit worker accommodation development known as Junction Village, in the suburb of Frankton.
Documents lodged with the Environmental Protection Authority say up to 710 people could live across eight buildings, in hostel-type rooms and one-, two- and three-bedroom units, next to the BP station.
Communal facilities would be provided within the buildings, and ground-floor commercial and retail tenancies were planned.
The ownership model for the units and buildings was unclear, but the application stated that the units were not short-term visitor accommodation and were not intended to be sold off individually.
The ongoing management of the worker accommodation was intended to be kept in-house with a management entity for the letting, supervision and operation of the complex.
The application noted that the applicant would determine whether to subdivide floors separately or retain entire buildings for sale or management by certain entities at a later date.
The company anticipated that the development would be built over four years, providing up to 540 full-time jobs.
In central Queenstown, the developers of the $2 billion Lakeview Te Taumata site have committed to a 96-apartment co-living hotel as part of the first phase of the wider development.
The apartments were small, private living units with shared lounge, dining room and workspace areas.
They would have a minimum booking requirement of seven nights, a spokesperson for Melbourne-based developer Ninety-Four Feet said.
“This will be a high-quality accommodation offering.
“We anticipate demand to stem from young professionals and corporate profiles who have regular business in the area, digital nomads – a key player in Queenstown’s burgeoning tech sector – as well as seasonal tourism workers.”
The company expected the first stage to be completed in 2027.
It would retain ownership of the co-living hotel, but it would be managed by an operator.
Make your own portable gardening tool organiser in your favourite Resene colour.
Find out how to create your own with these easy step by step instructions.
Make your own portable gardening tool organiser in your favourite Resene colour.
Find out how to create your own with these easy step by step instructions.
Hunger for Colour is back for 2024! Bring two cans of food into your local Resene ColorShop and swap them for one Resene testpot (60-80ml). Resene will donate all food to The Salvation Army foodbanks.
We accept all cans of food in good condition and suitable for humans to eat. If you prefer to … View moreHunger for Colour is back for 2024! Bring two cans of food into your local Resene ColorShop and swap them for one Resene testpot (60-80ml). Resene will donate all food to The Salvation Army foodbanks.
We accept all cans of food in good condition and suitable for humans to eat. If you prefer to bring in canned pet food, we can accept that also and will donate it to the SPCA and local community animal shelters.
By adding a little more colour to your life you can also help those in need.
Feeling the Summer heat? Don't let your power bill skyrocket along with the temperatures!
Check out these 10 simple tips to keep cool and save money on your power bills this season.
Peter is helping us out with something that nearly everyone can relate to – dealing with the unsorted photos taking up space on your phone or languishing in boxes in your home.
“Without fail, when I give a talk about getting organised, I’m always asked how to deal with photos,” says … View morePeter is helping us out with something that nearly everyone can relate to – dealing with the unsorted photos taking up space on your phone or languishing in boxes in your home.
“Without fail, when I give a talk about getting organised, I’m always asked how to deal with photos,” says Peter.
Boxes of unsorted photos can feel overwhelming to organise so they often get left for many years to clutter up our houses. In addition to this, most of us have smartphones that make it easy to take photos anywhere, so pretty soon our digital photo life becomes cluttered too.
Click read more for the full article.
For only $15 a ticket, you could be in to win this brand-new, fully furnished Jennian home in Pegasus, Christchurch worth almost $1 million.
Featuring three bedrooms, two bathrooms and an open-plan kitchen, living and dining area, this home is waiting for its new owner.
Make this property … View moreFor only $15 a ticket, you could be in to win this brand-new, fully furnished Jennian home in Pegasus, Christchurch worth almost $1 million.
Featuring three bedrooms, two bathrooms and an open-plan kitchen, living and dining area, this home is waiting for its new owner.
Make this property your permanent residence, a holiday home, rent it or even sell it!
Don’t miss out! Get your tickets today at heartlottery.org.nz.
There have been hundreds of wonderful entries in this year's Prospa Local Business Hero from across the country! If you haven't nominated a special local business yet, do it today.
- Got a great mechanic? Nominate them today.
- A barista who makes you smile? Nominate them today.
- … View moreThere have been hundreds of wonderful entries in this year's Prospa Local Business Hero from across the country! If you haven't nominated a special local business yet, do it today.
- Got a great mechanic? Nominate them today.
- A barista who makes you smile? Nominate them today.
- A reassuring pharmacy team? Nominate them today.
Make a small business' day today by nominating them as your Prospa Local Business Hero - and you could make their whole year (our national winner picks up an incredible $10,000 prize package!)
We're looking for delicious carrot recipes to feature in NZ Gardener's April issue. Send your family's favourite ways to eat this easy-to-grow vege crop to mailbox@nzgardener.co.nz by February 25, 2024. Every published recipe wins a copy of the April issue of NZ Gardener.
It could be our wonderful staff. Our vibrant communities. Our amazing amenities. Or just the peace of mind that our guaranteed fixed base weekly fee* brings. There are so many reasons to choose the Ryman lifestyle. We’d love to add one more reason to your list - $15,000 back for a limited time*.
… View moreIt could be our wonderful staff. Our vibrant communities. Our amazing amenities. Or just the peace of mind that our guaranteed fixed base weekly fee* brings. There are so many reasons to choose the Ryman lifestyle. We’d love to add one more reason to your list - $15,000 back for a limited time*.
If you sign up to one of our new home offers, you’ll get a $15,000 credit on settlement*.
There’s truly never been a better time to choose Ryman.
*Terms and conditions apply.
Hey neighbours! How has your power been treating you lately? Any sparks or stumbles in the past year?
Share the woes and let's brighten each other's day!
This week, we're celebrating love in all its forms, with some of our residents celebrating by sharing cherished memories, including their wedding dresses and the beautiful stories behind them.
An array of wedding dresses, ranging from the modern to the traditional, were on display along … View moreThis week, we're celebrating love in all its forms, with some of our residents celebrating by sharing cherished memories, including their wedding dresses and the beautiful stories behind them.
An array of wedding dresses, ranging from the modern to the traditional, were on display along with dozens of amazing wedding photos dating back to the 1800s in a nod to Valentine’s Day.
“With it being Valentine’s Day this week, we wanted something that would be inclusive of all the residents, those who are still lucky enough to have their partners but also those sharing happy memories of those that they have lost.”
Click read more for the full story.
The Pet Life.
It’s the life you share with your pet, and the life they share with you. We believe the pet life’s a life worth protecting.
Which is why we are dedicated to helping pets live longer, healthier and happier lives every day.
We’re proudly born and bred in New Zealand, and … View moreThe Pet Life.
It’s the life you share with your pet, and the life they share with you. We believe the pet life’s a life worth protecting.
Which is why we are dedicated to helping pets live longer, healthier and happier lives every day.
We’re proudly born and bred in New Zealand, and are equally proud to partner with the NZ Veterinary Association and Pet Refuge. Just two ways we’re there to support the Pet Life community.
Protect the Pet Life.
Experiencing broadband troubles? Our recent neighbourly poll reveals the top two issues: unstable connections and pricey bills!
Don't worry! Check out our latest article for expert tips to solve these issues.
PLUS, use Broadband Compare to compare NZ's best broadband deals & … View moreExperiencing broadband troubles? Our recent neighbourly poll reveals the top two issues: unstable connections and pricey bills!
Don't worry! Check out our latest article for expert tips to solve these issues.
PLUS, use Broadband Compare to compare NZ's best broadband deals & save up to $300/year. Enjoy smoother internet while keeping cash for treats!
Classical crossover singer Rebecca Nelson told a captivated Cambridge audience how the town holds a special place in her heart for several reasons.
Rebecca’s performance was one of three shows lined up to entertain residents and soon-to-be residents of Ryman Healthcare’s Patrick Hogan … View moreClassical crossover singer Rebecca Nelson told a captivated Cambridge audience how the town holds a special place in her heart for several reasons.
Rebecca’s performance was one of three shows lined up to entertain residents and soon-to-be residents of Ryman Healthcare’s Patrick Hogan Village in Cambridge, Hilda Ross Village down the road in Hamilton and James Wattie Village in Havelock North.
Describing her connection to Ryman, she says: “It feels like coming home and performing for friends and family.”
Click read for the full story.
© Neighbourly 2024
Loading…
