Frequently Asked Questions
► What does Peninsula Bay offer purchasers?
► What utilities are offered within the subdivision?
► Are there any community facilities?
► How can I purchase a section?
► Can I purchase a section through one of the real estate agencies?
► What are the essential town planning provisions relating to the zone?
► Do I need resource consent to build at Peninsula Bay?
► When will Stages 1 and 2 be complete and titles issued?
► When will further stages be complete and titles issued?
► What are the main entry and exit points to the Peninsula Bay development?
► What affect will the earthworks, contouring and infrastructure works have on the sections being offered?
► Can I on-sell my section?
► Why are there covenants as part of the title?
► Are there any restrictions on the type of dwelling that may be built including construction details such as sub-floor framing, wall cladding, roof pitch & sheathing and exterior colours?
► Are there any restrictions on the type of fencing material?
► How high can any trees, shrubs and other plants be?
► Who owns rights of way and access lots and who maintains them?
► Who can I speak to if I have a query?
What does Peninsula Bay offer purchasers?
With Peninsula Bay’s spectacular lake and mountain views, northwest aspect, all day sun and the excellent position within Wanaka, you can feel absolutely assured that a purchase of a Peninsula Bay section will be a great investment for the future.
Proximity to the lake makes the area a haven for water sports enthusiasts. The walking and mountain biking trails with links to existing riverside tracks open up a myriad of options for those who enjoy the outdoors.
These are the best sections on the market in Wanaka today and Peninsula Bay could be the last Wanaka subdivision to offer views of this calibre for some time.
What utilities are offered within the subdivision?
The subdivision will offer all the normal services and facilities such as water and gas reticulation, and underground power. High speed fibre optic telecommunications will be available to every site at Peninsula Bay. The overall quality of the subdivision is more or less guaranteed to protect your investment.
Are there any community facilities?
A range of on-site facilities will be provided in a community area. This area includes:
- A heated swimming pool and children’s pool utilising solar heating with heat pump backup
- Large size community hot pool
- Built-in gas barbecues
- Deck chairs, tables and umbrellas
- Hard and soft landscaping, with grassed areas for relaxing in the sun.
Community buildings as follows: (i) gym, (ii) showers and toilets, (iii) community recreation room. **A small charge applies to use the community facilities.
The community buildings and amenities will be held in an appropriate ownership structure. Access will be available to purchasers and other residents of Infinity Investment Group’s Peninsula Bay subdivision and their families and will be entirely voluntary and contingent upon payment of an annual fee to cover the operational costs of the community buildings and amenities. Membership will involve a small monthly fee, payable by automatic payment, which will entitle each household to a swipe card for use between 6am and 10pm. This charge will be reviewed yearly.
How can I purchase a section?
You can purchase a section directly from Infinity Investment Group or through any Wanaka real estate agent.
You can register your interest in purchasing a section by contacting Infinity or click here. You will then be sent information including the sale & purchase agreement for your consideration and action.
If you would like to contact one of our Sales & Marketing Team (Dale Smith or Patrick Waser) please phone them on 03 443 0088. Dale’s cell phone number is 021 667 501. Patrick’s cell phone number is 0274 422 756.
Can I purchase a section through one of the real estate agencies?
Yes. You may purchase a section through a Wanaka real estate agency of your choice should you so wish.
What are the essential town planning provisions relating to the zone?
A précis of the essential Queenstown Lakes District Council Partially Operative District Plan Town Planning provisions relating to the zone are as follows. The zone is low density residential surrounded by an open space zone. The maximum building section coverage for all activities on any section is 40%. The minimum building set back from road boundaries to any building (except garages) is 4.5m. Accessory buildings may be located within the setback so long as the total length of the walls do not exceed 7.5m in length and there are no windows or openings along any walls within 2.0m of an internal boundary. The minimum setback from internal boundaries for front sections will be one setback of 4.5m and all other setbacks 2m. For rear sections two setbacks of 4.5m and all remaining setbacks to be 2m. The maximum building height is 7 metres. No fence erected within the road setback will exceed 1.2m in height above ground level.
Do I need resource consent to build at Peninsula Bay?
If you comply with all the relevant Site and Zone Standards contained in the Queenstown Lakes District Council Partially Operative District Plan then you will NOT require a Resource Consent. The vendor has already been granted Subdivision Consent and Land Use Consent to erect a dwelling on each allotment.
If your house design is unable to comply with all the relevant Site and Zone Standards then the planners at CivicCorp/Council will be able to advise you on the correct procedure in regards to resource consent matters.
When will Stages 1 and 2 be complete and titles issued?
The titles for Stages 1 and 2 have been issued
When will further stages be complete and titles issued?
It is our intent that the infrastructure works for the entire subdivision will be undertaken and completed as one continuous project and the further stages beyond Stages 1 and 2 will only be offered to the market in small releases. Actual release dates are yet to be set.
What are the main entry and exit points to the Peninsula Bay development?
The entry and exit points are from Hunter Crescent and Rata Street. When the entire subdivision is complete there will be a further entry and exit point from Minaret Ridge onto Penrith Park Drive.
What affect will the earthworks, contouring and infrastructure works have on the sections being offered?
The purpose of the earthworks is to graduate the subdivision from east to west to maximise the lake and mountain views applicable to each section. The contouring is designed to enhance the individual attributes and usability of each section. The infrastructure works involve constructing the roads, footpaths and all the services and utilities.
Can I on-sell my section?
You are able to sell your section when and to whom you choose and at whatever price you agree. In the event of any transfer, assignment or other disposition of the section by the purchaser prior to sale settlement with the vendor the purchaser must reserve, for the benefit of the vendor, the vendor’s rights and the purchaser’s obligations as set out in the sale & purchase agreement. The purchaser is to advise the vendor immediately of any such on-sale transaction.
Why are there covenants as part of the title?
The underlying purpose of these covenants is for the overall benefit of the subdivision, the residents of the subdivision and the Wanaka community in general. The covenants are there to protect the value benefit of the sections, the privacy, peace and security of the occupants of the sections and the quality of the environment within the subdivision.
Are there any restrictions on the type of dwelling that may be built including construction details such as sub-floor framing, wall cladding, roof pitch & sheathing and exterior colours?
Please refer to the covenants attached to the sale & purchase agreement.
Are there any restrictions on the type of fencing material?
Please refer to the covenants attached to the sale & purchase agreement.
How high can any trees, shrubs and other plants be?
Please refer to the covenants attached to the sale & purchase agreement.
Who owns rights of way and access lots and who maintains them?
Rights of way are owned by the section holders whose access onto the main body of their section is via the right of way. Access lots are owned by the section holders whose principal access to their section is via the access way. The owners of the rights of way and access lots are obliged to maintain them.
Definitions:
Right of way – means an area of land over which there is a registered legal document giving rights to pass over that land to the owners and occupiers of other land.
Access lot – means a lot which provides the legal access or part of the legal access to one or more lots, and which is held in the same ownership or by tenancy-in-common in the same ownership as the lot(s) to which it provides legal access.
Who can I speak to if I have a query?
The Infinity Sales & Marketing Team will answer any specific questions you may have. Our telephone number is 03 443 0088.
Disclaimer: The purpose of these Frequently Asked Questions is to give helpful advice on a range of expected questions. The information has been prepared in good faith with due care by the vendor and is believed to be correct. The vendor does not guarantee or accept responsibility for the accuracy of any comments and recommends that purchasers make their own independent enquiries to verify and satisfy themselves in all respects of the information contained herein.