De sign a nd build your home w it h c onfidenc e, k now ing t hat t he K a r a mat a Pe a k Ma st er Pla n a nd De sign G uideline s uphold int r insic v a lue.
L E V A T E D L I V I N G
T he c lose pr oximit y t o Queenst ow n , c oupled w it h c omma nding , unsur p as sed views , pre sent a n oppor t unit y elev at ed in loc at ion a nd ex per ienc e.
Location
Karamata Peak occupies a unique and coveted position elevated above Lake Whakatipu on Queenstown Hill / Te Tapu-nui (mountain of intense sacredness). This iconic address is immersed in nature, with panoramic views of the mountain ranges and scenery that make this region iconic.
Accessed off the top of Vancouver Drive, the exclusive development is elevated, prominent and unforgettable, sitting above all other residential development on Queenstown Hill to date.
With the Queenstown CBD less than 2km away, the location juxtaposes convenience with commanding, unsurpassed views.
Build a bespoke, timeless residence and enjoy an address that will be cherished today and by future generations to come.
QUEENSTOWN CBD
1.8km
Approx. 6-minute drive
QUEENSTOWN AIRPORT (DOMESTIC AND INTERNATIONAL)
6.3km
Approx. 14-minute drive
ARROWTOWN 21km
Approx. 25-minute drive
FRANKTON AND FIVE MILE SHOPS, SCHOOLS AND COMMERCIAL PRECINCT
6.6km
Approx. 15-minute drive
CORONET PEAK SKI AREA 17km
Approx. 26-minute drive
THE REMARKABLES SKI AREA 22.5km
Approx. 40-minute drive
L E V A T E D L I V I N G
K AR AMATA PE AK
FAQS
WHAT IS KARAMATA PEAK AND WHERE IS IT LOCATED?
Karamata Peak is an exclusive residential enclave on Queenstown Hill, offering a rare chance to secure an elevated site in one of the region’s most coveted landscapes.
WHO IS THE DEVELOPER OF KARAMATA PEAK?
The developer is Commonage Queenstown LP.
WHAT SIZE ARE THE SECTIONS?
Sections available in Stage One of the development range from 535sqm to 2,085sqm.
WHAT SITE WORKS WILL BE COMPLETED PRIOR TO SETTLEMENT?
Before settlement, the land will undergo full preparatory works - including site clearing, roads, infrastructure, and premium streetscaping - scheduled through to mid-2028. Contour plans and viewshed studies are available on the website or on request.
WHEN ARE TITLES ESTIMATED TO BE ISSUED AND WHEN IS FINAL SETTLEMENT DUE?
Titles are expected in mid-2028, with settlement 10 working days later.
WHAT ARE THE DEPOST AND FINAL PAYMENT REQUIREMENTS FOR PURCHASE?
A 10% deposit is required following upon satisfaction of purchaser conditions, with the balance payable on settlement.
WHAT TITLE WILL I RECEIVE?
All properties are freehold (fee simple titles).
WHAT SERVICES ARE PROVIDED TO THE LOT BOUNDARY?
Sewer, stormwater, water, power, and fibre connections will be provided.
ARE THERE DESIGN GUIDELINES?
Yes. The Build Design Guide establishes a clear framework to ensure that the development at Karamata Peak achieves a cohesive and complementary set of architectural and landscape outcomes.
WILL THERE BE COVENANTS ON THE TITLE?
Yes. The titles will be subject to restrictive covenants, including compliance with the Build Design Guide and other development controls intended to protect the character of Karamata Peak.
ARE THERE ANY BODY CORPORATE OR OWNER‘S ASSOCIATION FEES / ANNUAL LEVIES?
The developer has reserved the right to establish a Residents’ Society (or similar Owners’ Association) in the future. This is intended to ensure that shared amenities, common areas, and common infrastructure are appropriately maintained and managed to a consistently high standard, in keeping with the positioning of the development as a premium residential subdivision.
Should a Residents’ Society be established, it is anticipated that an annual levy may apply to contributing owners.
Further details regarding governance, scope of services, and any associated costs would be clearly communicated to owners prior to implementation.
WILL EACH LOT HAVE A BUILDING PLATFORM?
The subdivision provides serviced sites without specific building platform restrictions other than Council setbacks. View corridors will be protected by some height restrictions. Download the Height Study for further details on this. Additional earthworks are the responsibility of the purchaser as part of their building consent and construction process.
CAN I INSTALL A WOOD BURNER?
Yes, there are no restrictions we are aware of as of January 2025. The agreement does not prohibit wood burners, but any installation must comply with QLDC rules and ORC air quality requirements at the time of building consent.
WHAT
IS THE ZONING?
Under the Council’s District Plans, the site has a potential development yield of one residential unit per 250sqm of site area, at land use stage. The development is zoned for medium density residential use under the QLDC Proposed District Plan. In addition to the District Plan rules, Karamata Peak will be subject to design guidelines and covenants aimed at protecting the alpine character.
CAN I USE MY PROPERTY FOR SHORT-TERM VISITOR ACCOMMODATION?
The underlying District Plan rules detail what activities are permitted under the residential zoning. Residential visitor accommodation is permitted for up to 90 days a year. The agreement itself does not guarantee a specific number of visitor nights. However, individual lot owners will be able to apply for additional visitor accommodation allowances from 180 up to 365 days as part of their resource consent process.
AM I ABLE TO ON-SELL A BARE SECTION?
There are no restrictions on re-selling the land once settlement has taken place. If the Purchaser would like to on-sell the site prior to settlement, this will require written approval from the Vendor.
IS GEOTECHNICHAL INFORMATION PROVIDED FOR THE SECTIONS?
Some information will be available in due course, consisting of the geotechnical report required by the developer for engineering approval of the subdivision works; and a Geotechnical Completion Report on completion of the subdivision, documenting the earthworks that have been done and the general ground conditions. Further detailed geotechnical investigation, likely of a limited nature, may be required to support a purchaser’s building consent application for their specific building.
DO I HAVE TO BUILD IMMEDIATELY ONCE TITLE HAS BECOME AVAILABLE?
No. There is no requirement to build within a certain timeframe. However, once construction of your house commences, construction is to be completed within 12 months.
ARE HOUSE AND LAND PACKAGES AVAILABLE?
Only vacant land sections are being brought to the market as part of the Stage One release, with house and land packages proposed for future releases.
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PRICES SUBJECT TO CHANGE, SCAN CODE FOR CURRENTLY AVAILABLE LOTS.
K A R AM ATA PE A K , Q UEENS TOW N , NE W ZE AL A ND
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