Nestled above the waters of the Kawarau River and enveloped by the rugged mountain ranges of Central Otago. Own one of 17 beautiful lifestyle blocks, sized between 1.32 to 3.92 hectares and create your own slice of paradise.
Immerse yourself in the laid-back, rural lifestyle and escape into the idyllic countryside while remaining connected to key amenities. With the luxury of space you are free to spread out and build a spacious home, work from home office and extensive garaging for all your toys. Bask in the long summer evenings, delight at the change of seasonal colours, and sip a local pinot surrounded by spectacular mountain vistas.
River Terrace is sited above the Kawarau River and located only 3kms from the bustling township of Cromwell.
Centrally located between Queenstown and Wanaka, River Terrace is 45 minutes from Queenstown’s regional airport and premium retail offerings, and 35 minutes from Wanaka’s vibrant town centre. Positioned halfway between Wanaka and Queenstown means travelling further afield for business or recreation is always convenient.
Designer house and land packages are available now. These come complete
with a 5-bay shed, yard, vehicle courtyards and extensive landscaping. The only thing missing is the horse! Surrounded by stunning, expansive landscapes there’s room to relax, roam, work from home then tinker in the workshop.
Discover a freer, relaxed pace of life at River Terrace, your ideal retreat to live, work and play.
Stage 1 and 2 are available now. Flexibility to establish your ideal country escape to work and play at home, with plenty of room for multiple bay garaging for all your tools and toys.
See bottom of page for availability and pricing.
When are the titles due? Consent for River Terrace has already been granted and work is well underway on site. Titles for the lifestyle blocks are expected to be issued in April 2022
Is there an option to purchase house & land packages and when will they be completed? Yes, designer house and land packages are available now. These come complete with a 5-bay shed, yard, vehicle courtyards and extensive landscaping. The only thing missing is the horse! Expected completion for the house and land packages is July 2022
What is the settlement date? Lifestyle Lots: The settlement date is 10 working days from the date the certificate of title has been issued.
House & Land Packages: The settlement date is 10 working days after the date the code compliance certificate is issued
Do the prices include GST? Yes, GST is included in the pricing for all lifestyle blocks and house & land packages
What are the deposit requirements? The deposit requirements are 10% of the purchase price
Are there any body Corp fees or an owners association? Yes this will be looked after by the River Terrace Residents Society
What design controls will be imposed? The stunning landscape of River Terrace is deserving of protection, as is your investment in your River Terrace property. Please refer to the Design Control Guidelines.
Are there any costs associated with the design approval process? Yes, the fee for submitting an approved building plan form is $575 (incl. GST). There is also a construction bond to provide for remedial or reinstatement works that may be needed as a result of the owner’s construction activities on site
Who can I use to build my house? You can use any builder you desire. They will have to comply with the Design Control Guidelines
I’d like to build a dual occupancy dwelling or secondary dwelling to let for short term accommodation (e.g. AirBnB), is this allowed? Yes, under the development controls you are allowed a secondary minor dwelling. You will need to check the District Plan requirements
Can my property be rented out? Yes, long term rentals are permitted.
Who is the developer and what is their reputation? Winton is dedicated to partnering with buyers to build a lasting legacy for generations to come. Winton is a privately owned developer with many large-scale projects currently in progress in New Zealand and Australia. Winton specialises in developing integrated and fully master-planned communities that are best by design, with superior building standards where no detail is overlooked. Winton has a portfolio in excess of 9,000 residential lots and apartments.
What is different about this development compared to any other in the area? River Terrace is a unique lifestyle development with plenty of private space for the whole family and all the toys. Own one of 17 exclusive lifestyle blocks, sized between 1.32 to 3.92 hectares and create your own slice of paradise.