Cromwell’s Wooing Tree Estate is set to become a hive of building activity this summer with the release of 57 titles by LINZ this week.
The issuing of these titles in Stage 2A of the development means owners can begin house construction as soon as they receive building consent.
The release marks the latest milestone for the neighbourhood which will total 390 residential sections, a boutique retail and hospitality centre, a childcare facility and visitor accommodation.
Stage 1 of the development is now complete with 32 new homes under construction or completed and a number of residents now living in the Estate. In Stage 2 all but one of the 127 sections available in Stage 2 have been sold with further titles due in January and May 2023. In Stage 3, 86 of the 96 sections available are sold with titles forecast to occur in April, August and December 2023.
Meanwhile civil works in preparation for construction of a new Wooing Tree cellar door and commercial/retail area at the entrance to the Estate are well underway. Construction is due to start in February 2023 and be complete by November 2023. A new childcare centre is also planned to cater for 80-90 pre-schoolers, with construction scheduled in March and the centre opening in early 2024. An announcement confirming the childcare provider is likely in December.
The pedestrian underpass that will link Wooing Tree Estate to Cromwell Town Centre (pictured below) is now in place and the re-opening of State Highway 8B is on track for mid-December, with the underpass pedestrian pathway is to be opened in February 2023.
New homes for Wooing Tree vines.
The owners of Wooing Tree Wines, Steve and Thea Farquharson, continue to transform their vineyard alongside the new residential development. In October they completed the re-shaping and planting of a 5-row vineyard buffer zone along State Highway-8B.
Well-known local vineyard manager and owner, James Dicey from Grapevision has been instrumental in re-establishing Wooing Tree’s grapes at the Farquharson’s new Pink Moon vineyard and on the Wooing Tree Estate development site. Over the past two winters, his team has transplanted more than 20,000 original Wooing Tree Pinot Noir and Chardonnay vines at the Pink Moon vineyard. When the remainder of the 850-metre-long vineyard buffer zone along the Wooing Tree Estate boundary is planted in spring 2023, every single original Wooing Tree vine will have been replanted and re-purposed.
Cromwell market buoyant.
Wooing Tree Estate continues to receive strong enquiry from local Cromwell and Queenstown Lakes residents and buyers from throughout the South and North Island. Over half of the sections sold in Cromwell during August and September were at Wooing Tree Estate. The Central Otago property market, in particular Cromwell, remains buoyant with 41 sales, an average of 41 days from listing to purchase, and a 3.7% increase in the median section price compared to 12 months ago, to $420,000.
Stephen Cornwall, project lead from Veros believes the market recognises the quality of the neighbourhood that is being built, with its streetscape, landscaping and open spaces setting Wooing Tree Estate apart from other subdivisions.
“We are particularly proud of the quality that our team is delivering alongside Benchmark Construction, Paterson Pitts and Baxter Design. We’re getting amazing feedback from builders and buyers who are visiting the development for the first time – they immediately comment on the high quality of the street scape and the landscaping.”
Check out the sections available for you to build your new home in this idyllic spot, or contact our sales team to learn more.
