First Homes on the Market for Major Residential Subdivision at Frankton North

The first residential development north of Queenstown’s Frankton-Ladies Mile highway has just hit the market.

Waipuna Rise, across the highway from the Queenstown Central shopping complex, is within the newly-approved 27-hectare Frankton North urban area.

Twenty hectares are zoned high-density residential, with the council anticipating the area will accommodate up to 1000 residential units.

What’s come to market is the first stage of Waipuna Rise — ‘waipuna’ means ‘spring water’ in te reo Māori, and is in reference to nearby Lake Johnson.

This comprises one block of 20 apartments in a three-level building, 22 two-level duplex apartments in a four-level building, and two blocks of five terraced homes.

The apartments all come with two or three ensuited bedrooms, while the terraced homes contain three bedrooms plus a studio.

This stage will be the largest of probably five residential stages.

Read More here

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