Coun­cil putting hill land for sale to fund cap­i­tal plan

Otago Daily Times - - REGIONS - TRACEY ROXBURGH tracey.roxburgh@odt.co.nz

A 9.5HA block of land on Queen­stown Hill, owned by the Queen­stown Lakes District Coun­cil, is for sale.

Coun­cil com­mu­ni­ca­tions and en­gage­ment man­ager Naell Crosby­Roe said in a state­ment yes­ter­day the coun­cil had de­cided to sell the Com­mon­age Devel­op­ment block, above Van­cou­ver Dr, sub­ject to re­ceiv­ing a ‘‘suit­able of­fer’’.

Cen­tral Gov­ern­ment pro­vided free­hold land to the coun­cil through the Queen­stown Re­serves Vest­ing and Em­pow­er­ing Act 1971 to help fund in­fra­struc­ture in the re­gion.

The 1976 gift of 100 acres — about 40ha — of Crown land had been de­vel­oped and sold over the years to fund district wa­ter and sew­er­age schemes.

The 9.5009ha block the coun­cil wants to sell is the 11th and fi­nal stage of the coun­cil’s lu­cra­tive com­mon­age devel­op­ment.

Pre­vi­ous sub­di­vi­sions on Queen­stown Hill had pro­vided res­i­den­tial devel­op­ment in Ed­in­burgh Dr, Manch­ester Pl, Belfast Tce, Kent St and Van­cou­ver Dr.

No­one from the coun­cil re­sponded to re­quests from the Otago Daily Times for fur­ther in­for­ma­tion yes­ter­day. Ques­tions in­cluded what the land’s cap­i­tal value was.

It is un­der­stood 9ha of it used to be part of 70ha of wild­ing pine­in­fested Crown land.

In 2015 the coun­cil did a land swap with the De­part­ment of Con­ser­va­tion, ex­chang­ing the 9ha with a 6ha site the coun­cil owned above the Com­mon­age Vil­las on Kerry Dr — a deal 13 years in the mak­ing.

The coun­cil was now seek­ing pro­pos­als from ‘‘suit­ably qual­i­fied and ex­pe­ri­enced real es­tate agen­cies/agents’’ to mar­ket the land on the coun­cil’s be­half.

The mar­ket­ing cam­paign was ex­pected to be­gin this month and con­clude early next year.

‘‘In­come de­rived from any even­tual sale will be used to fund coun­cil’s for­ward cap­i­tal plan,’’ the state­ment said.

Mar­ket­ing ten­ders close at 9am on Novem­ber 28.

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