BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin

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BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
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BUILDING
 DREAMS

  GROUND UP
  INSIDE OUT
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
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2               BUILDING DREAMS     AUTUMN 2021
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
The first word
    The Southern Lakes region has long been a place
    that appears to innovators, adventurers and
    creatives. Our region’s international appeal and
                                                          Contents
                                                         Contents
                                                         06     Demand continues to
                                                                outstrip supply in district
    world-class tourism offering has led to so many

                                                         08
    people getting ‘stuck’ here; calling the region
    home and starting their own families here.                  To Air BnB or not to Air
    So what happens when a pandemic cuts off the
                                                                BnB?
    lifeblood of the region? When international

                                                         10
    tourists can’t visit and many locals are cut off
    from their international families and tourism-
                                                                Renovating for the future
    related incomes? The Southern Lakes region’s                of history
    struggle with the flow-on effects of the pandemic

                                                         14
    have been well-documented by national media.
                                                                High speck
    Though a lot has changed since March 2020,
    the community’s dedication to innovation,
    adventure and creativity hasn’t. New businesses

                                                         18
    have risen from old ones and though times has               Luxury lifestyles for the
    been tough, the ‘crash and burn’ some expected
    has not happened. The communities of Wanaka,                new breed of middle-aged
    Queenstown and Arrowtown are resilient and

                                                         21
    this region continues to be one which inspires
    and grows in the face of adversity.                         Feng shui: a fad, or the
    One market that has defied predictions is the
                                                                infl uence of calm we all
    property market. Successive lockdowns, the                  need?
    gorgeous scenery and innovative attitude of the

                                                         22
    town has driven people here from Auckland and
    elsewhere. Property prices are continuing to                Creating wilderness on
    surge and those who aren’t selling are looking              our properties
    to make the most of their wee slice of paradise.

                                                         26
    In this issue, we’re looking at how buildings
                                                                Soul Wood: The growth
    can stand the test of time. We look at key
    buildings in Arrowtown which have survived                  of Rustic Soul Design
    earthquakes and pandemics, the gold rush and

                                                         28
    economic depressions. Discover how these
    buildings continue to be an important part of               How to add value to your
    our community’s past and present, and how                   home by converting a
    architects and key figures are ensuring they’re             spare room
    part of our future too.

                                                         30
    You’ll also find plenty of inspiration on how to
    add value to your home – whether that’s making              The last stop on the path
    it a better place to live and work from, or adding          to gold
    value to an asset. Dr Compost shows us how to

                                                         33
    turn our garden into an environmental asset,
    Jo Silverthorn shares her top tips for AirBnB               Understanding the
    properties and we talk to Niall Walsh about                 rhythm of auctions
    sustainability in furniture design.
    Whether you’re buying or selling, buying or
    renovating, we hope you find this issue of
    Building Dreams a source of inspiration. If                               Acknowledgements
    you’d like help with any property project, don’t
                                                                               Front Cover Image
    forget to check out the Building Dream Index
    at the back of this magazine for a handy list             Jackie Gay - Still Vision Photography
    of suppliers and industry professionals in the                     Builder - Bayshore Builders
    region.                                                            Pool Glass - Lakeland Glass

4       BUILDING DREAMS          AUTUMN 2021
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
08

                    33

     28                   26

          22

               06                   21

18

                     10

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               30

                                         5
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
Market update

                Demand continues to
                    outstrip supply
                                                                                                                  Sou
                                    The Southern Lakes’ housing market                   through in the subdivisions, especially for
                                    continues to run hot with record sales in            standalone.
                                    popular subdivisions and money pouring
                                                                                         “There’s been a swing in demand away from
                                    into the top end of the market.
                                                                                         home-and-income properties, possibly because
                                    Wanaka, Lake Hayes Estate and Shotover               it’s more difficult to get mortgages for them.”
                                    Country have all seen unprecedented numbers
                                                                                         Beard says the lifestyle market has been strong
                                    in recent weeks.
                                                                                         since lockdown last year.
                                    An Auckland investor paid at staggering $2.3
                                                                                         “And it’s not just areas we’d class as those
                                    million for a four-bedroom home in a 5826sqm
                                                                                         prime lifestyle areas, like Dalefield and around
                                    freehold section in Crawford Place, Lake Hayes
                                                                                         Arrowtown, but the secondary lifestyle areas,
                                    Estate, at auction on March 5.
                                                                                         Bob’s Cove, Gibbston Valley, Crown Terrace,
                                    That was more than $470k above the reserve.          which are a little bit further out.
In both lifestyle and residential
                                    Before that, another four-bedroom house, on          “One of the reasons for that sector is high-net
$800k - $1m, you’re getting a       a 2959sqm section in Jude’s Lane, Shotover           worth individuals moving into Queenstown
better product for your money,”     Country, sold for $1.4m, a record for a standalone   and, anecdotally, there appear to be a lot of
Beard says.                         property (not home-and-income).                      Auckland buyers.”
                                    In demand properties in Wanaka and                   Southern Lakes District’s median house price
                                    Queenstown are selling in days rather than           was $1,002,000 last month, almost the same as
                                    weeks. Last month, more than $20m of                 in February 2020 before the pandemic, however
                                    property was sold in one auction by Bayleys in       the volume of sales rocketed to 130, compared
                                    Queenstown.                                          with 70 respectively.
                                    Numerous high-end, envy-inducing builds              The median price in Arrowtown reached a
                                    are either underway or waiting for planning          record high of $1.82m in February 2021, up from
                                    approval across the district, as well-heeled         $930,000 a year ago.
                                    investors look for better returns or lockdown
                                                                                         In the Auckland Region, the median price for
                                    bolt holes.
                                                                                         February was $1.1m, similar to Southern Lakes,
                                    Colliers valuer and consultant Heather Beard         but you see far less bang for your buck up there.
                                    says: “There are some pretty high prices coming

 6         BUILDING DREAMS   AUTUMN 2021
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
uthern Lakes
 “In both lifestyle and residential $800k-$1m,         “And there’s an influx of supply, so you’ve got La    investors, rising to 40% in May.
 you’re getting a better product for your money,”      Quinta [Remarkables Park], The Remarkables
                                                                                                             “Hopefully it will have enough of an impact to
 Beard says.                                           Residences, The Alex down on Hallenstein
                                                                                                             take just enough froth off the market so that
                                                       Street, and another on Hilton Place, which is
 “In Auckland, you might get an old three-                                                                   the reserve bank doesn’t need to resort to other
                                                       selling down.”
 bedroom house in an average area for $1m, here                                                              levers such as raising the OCR [official cash
 you might get something in Shotover Country           She says rents are down 20-30% on pre-Covid.          rate] or the imposition of debt-to-income ratios
 which is a newer build, and a good area.                                                                    which we think would have a greater effect,”
                                                       “They’ve definitely declined. The area that has
                                                                                                             Pullar says.
 “People are moving out of main centres,               felt that the most is Fernhill, Sunshine Bay,
 Wellington too, to the regions and putting prices     where typically you’d have more transient             He says LVR restrictions don’t tend to impact
 up all across the country, not just Queenstown.”      tenants, including hospo workers.                     existing owners or investors with significant
                                                                                                             equity positions, compared with first-time
 Beard says property has offered the best returns      “But when the borders reopen, the businesses
                                                                                                             buyers or investors.
 for some time now and, even though prices are         will have to scale up, so those rentals could
 higher, buyers still expect capital gains over the    go back up as quickly as they’ve come down,           New build homes are exempt, while brokers can
 next few years, rather than a big correction.         because the supply and demand issues remain.”         also make arrangements through specialist non-
                                                                                                             bank lenders.
 “Supply and demand are out of balance. You’ve         Mark Pullar, chief executive and principal
 got a lot of pent-up demand in the Queenstown         advisor at Arrowtown Roost mortgage brokers           As for what’s to come, Pullar says the
 region, and that’s increasing because people          doesn’t expect the market to slow down anytime        Queenstown market is different strokes for
 want to move here.                                    soon, despite rising interest rates on the horizon.   different folks.
 “But it takes a long time to build a house, finding   Pullar jointly won ‘independent mortgage              “In terms of local prospective purchasers, it
 the land, council approvals, the building process     advisor of the year’ title at the NZ Mortgage         really would appear to come down to how
 itself, it’s not a short process.                     Awards 2021 last month, winning ‘regional             long the border remains closed and how long
                                                       mortgage advisor of the year’ outright. Both          businesses who are currently hanging on for
 “I think once borders reopen, we’ll see further
                                                       his colleague Toby Stanley and the brokerage          dear life can afford to hold onto their staff.
 demand.”
                                                       as a whole won excellence awards in several
                                                                                                             “In terms of those purchasing here from outside
 There are 2,654 sections being developed at           categories.
                                                                                                             the region, they will continue to see the all-
 subdivisions Hanley’s Farm, Coneburn SHA and
                                                       “We have started to see the longer-term fixed         round value that Queenstown property delivers
 Woolshed Road, but they can’t come to market
                                                       rates start to drift up in recent weeks so this       and trust that when the borders reopen that
 quick enough to meet demand. The latest release
                                                       could be a sign of things to come,” Pullar says.      value will be further underpinned.”
 in Hanley’s Farm is due for title issue in 2022.
                                                       “Short term rates do remain very low though           The middle of 2020 was particularly challenging
 Last week, Universal Developments released
                                                       and even if they do begin to drift up, they will be   for people in the region looking for property
 the first tranche of 400 sections in its Longview
                                                       doing so from a historically low base, which will     finance, with attention on the struggles of the
 SHA subdivision at Lake Hāwea, near Wanaka.
                                                       continue to assist with affordability and support     town, however lending appetite and policies are
 Bare section prices start at $239,000, while land     demand.”                                              returning more towards normal now.
 and home packages are from $499,000. But with
                                                       He also identifies Auckland investors boosting        He says the brokerage has clients across the
 only 55 sections due to be released this year,
                                                       demand.                                               market spectrum who all appear to be acting
 it’s unlikely to satisfy demand, especially as
                                                                                                             with confidence in the market.
 Wanaka’s new direct flights to Christchurch           “[They] are likely to be leveraging significant
 have boosted the holiday home market.                 equity at low cost and seeing Queenstown              “And all of this while the borders remain closed,
                                                       property as relatively affordable compared to         rents are still off peak, and some businesses are
 While residential sales are strong across the
                                                       what they are used to there.                          really struggling.
 district, some sectors of the market have
 suffered more than others, particularly managed       “There doesn’t appear to be any sign of that          “If the market is as strong as is under these
 apartments and rentals.                               demand abating.”                                      conditions, is it possible we may see more
                                                                                                             growth then the border opens?”
 “Managed apartments are effectively tourist           Much of February’s volume can be attributed
 accommodation so appear to be stagnating a            to the re-imposition this month of loan-to-
 little.                                               value ratios, 20% for homeowners and 30% for

                                                                                                                                                           7
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
To Air BnB or not to Air BnB?
 In March 2020, the short-term rental market took a grim downturn as tourist numbers fell
 off a cliff and many forward bookings were cancelled.
 Covid-19 has had a huge impact on the local tourism industry and for many, a ‘new normal’ still
 hasn’t emerged. But Covid hasn’t necessarily spelled an end to short-term rentals. For many, short-
 term rental platforms like AirBnB are still a source of income. It can help pay the mortgage or be a
 money-maker while you’re sunning yourself in the Coromandel.
 Former Queenstowner Jo Silverthorn started doing AirBnB when a friend suggested it a few years
 ago.
 “I was at an age where I didn’t want flat mates, but I was living by myself,” she says. Her mixed

Design
 hospitality background meant Jo had a flair for hosting short-term rentals and it’s blossomed into
 a business. Operating as AirBnB Here to Help (airbnbheretohelp.co.nz), Jo and her small team now
 manages and helps to set up AirBnB and short term rentals for property owners in Queenstown and
 Marlborough Sounds.
 She shares her top tips for anyone considering putting a room or entire property on short-term
 rental platforms like AirBnB.

                                                    1. Check resource consent
                                                    Jo says anyone buying a property and
                                                    considering short-term rentals like AirBnB
                                                    should check to see if they can get resource
                                                    consent first.
                                                    “Contact a professional and find out the viability
                                                    of getting resource consent. That should be
                                                    your first step and it’s really important. In my
                                                    understanding, it’s very rare for someone to get
                                                    resource consent for 265 days. 90 days or 180
                                                    days is more common. So you don’t want to
                                                    invest and spend money and not get resource          be amazed at some of the nice prints you can
                                                    consent, because then you might end up in the        pick up from the Warehouse. When you are
                                                    poo!”                                                decorating, be general – don’t buy art with a
                                                                                                         cross in it, or nudity, for example. Be careful
                                                    She adds that the rules around resource consent      to not offend anyone with what you put on the
                                                    keep changing – so don’t make assumptions,           walls.”
                                                    check before you buy and list.
                                                                                                         4. Don’t forget the linen and the potato
                                                    2. Weigh up the costs                                peeler
                                                    Don’t expect your AirBnB to be a cash cow. Jo        Jo says it’s important to remember that AirBnB
                                                    advises that those who need a minimum return         is driven by reviews. If the room looks great but
                                                    to back AirBnB viable might want to consider         the bed feels like a bag of rocks, potential guests
                                                    getting a long-term tenant in instead.               will find out in the reviews and will be unlikely
                                                                                                         to book.
                                                    Costs like additional insurance, higher rates
                                                    and cleaning can add up. The short-term rental       “Things like a comfortable bed are important. I
                                                    market has been impacted by Covid-19 and             use hired linen and I get compliments on how
                                                    domestic visitors tend to book later and expect      nice it is – it’s very good linen (and hiring it is
                                                    to pay less than international tourists.             also the reality if you don’t want to spend your
                                                                                                         entire life doing laundry).
                                                    “I don’t want to scare people or put them off but
                                                    they should understand the reality that it is very   “You also need to have a well-stocked kitchen.
 If you have the time and you                       up in the air right now.”                            You need to have enough pots and pans and
 want to run your own AirBnB,                                                                            dishes. You need to have wine glasses, a potato
                                                    3. Interior design and personality are
 great! If not, get a manager in.                   important
                                                                                                         peeler, a pair of scissors. Guests pick up on
                                                                                                         these things. It’s one of the reasons people book
 A lot of people think it is easy,                  “I was looking for an AirBnB to stay in Nelson       AirBnB; they want to show up with a bag of
                                                    recently and I couldn’t find any I wanted to         groceries and cook.”
 then realise that it is more
                                                    stay in. They looked clean, tidy, but they were
 work than they thought. Guests                     sterile.”
                                                                                                         5. Make sure you have the time and resources
 contact you at all hours.                          Add some cushions and throws – make sure the
                                                                                                         AirBnB is a hospitality business of sorts, so
                                                                                                         you will need to put in hard work; you’ll be
                                                    room or property feels ‘homely’. Try to find that
                                                                                                         cleaning after guests, responding to messages
                                                    sweet spot between cluttered and sterile.
                                                                                                         and managing bookings.
                                                    “You don’t need to spend a lot of money; you’d

  8               BUILDING DREAMS         AUTUMN 2021
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
“If you have the time and you want to run your
                own AirBnB, great! If not, get a manager in. A
                lot of people think it is easy, then realise that it
                is more work than they thought. Guests contact
                you at all hours.”
                “[…] If you don’t live near your AirBnB property,
                you need to have someone on the ground. I use
                cleaners and in Queenstown I have a mini-me
                who checks everything. The cleaners are great
                but everyone is human, we all make mistakes
                and miss things occasionally.”
                6. Don’t forget the details
                Jo recommends creating a compendium for
                guests so they know where everything is, what
                the house rules are (like no smoking indoors) and
                so they don’t need to call you for instructions on
                how to use the washing machine at 5:30am.
                Small details like leaving out chocolates and
                having long-life milk in the fridge can make
                your guests feel more welcome.
                “If there’s six people, I’ll put out six little
                Whittaker’s chocolates with the compendium.
                It’s a small thing but people love it and a whole
                bag of the costs only $6 or so.”

Don’t forget the detail                                         9
BUILDING DREAMS 2021 - GROUND UP INSIDE OUT - Lakes Weekly Bulletin
Renovating for the future of history
                                     One of Arrowtown’s most prominent – and             to its original grandeur, but also to bring it up
                                     important – buildings is undergoing important       to scratch with new building codes. In fact,
                                     renovations and strengthening work.                 bringing a little old-world glamour back to the
                                                                                         rooftops is just an opportunistic add-on to a
                                     The Lakes District Museum, founded in 1948,
                                                                                         much larger project.
                                     moved to its current premises in the mid-
                                     1950s. The Bank of New Zealand donated its          History holds the clues
                                     Buckingham Street premises and gardens to
                                                                                         Historians know their history. So when the
                                     the museum. Major renovations were done,
                                                                                         2011 Christchurch earthquakes happened,
                                     including the installation of a new roof, but the
R.A. Lawson’s designs were           building has remained largely the same since.
                                                                                         David knew that the building codes would be
usually quite decorative. But,                                                           updated and that this would have an impact on
                                     Built in 1875, the bank building was designed by    the museum.
they often had parapets and          eminent Dunedin-based architect R. A. Lawson
parapets were notoriously bad                                                            “I had an inkling the building would go under
                                     (known for Larnach Castle and Otago Boys
                                                                                         the microscope. […] The same thing happened
for leaking. There were internal     High School). Those familiar with the building’s
                                                                                         after the 1931 Napier earthquake too; well, it’s
                                     current appearance may be in for a surprise…
gutters and of course, with the                                                          happened after all of the major earthquakes in
snow loading in this region, it      “R.A. Lawson’s designs were usually quite           New Zealand. It means we’ve lost many heritage
                                     decorative. But, they often had parapets and        buildings that couldn’t meet the codes.”
wasn’t practical. So in the 1950s,   parapets were notoriously bad for leaking.
                                                                                         Though there is some funding available to help,
they put this rather heavy-lidded    There were internal gutters and of course,
                                                                                         heritage buildings are expensive to renovate.
roof on the top.                     with the snow loading in this region, it wasn’t
                                                                                         Additionally, David notes that there’s a “cultural
                                     practical. So in the 1950s, they put this rather
                                                                                         cringe” among New Zealanders because many
                                     heavy-lidded roof on the top.” explains museum
                                                                                         of the ‘old’ buildings here are brand new when
                                     director David Clarke.
                                                                                         you compare them to the likes of Skara Braes
                                     “As part of strengthening and renovation work,      and Barnenez in Europe. There’s a reluctance
                                     we’re taking off that roof and returning to the     to spend money to protect older buildings, in
                                     original R.A. Lawson design.”                       favour of ripping them down and building new
                                                                                         ones.
                                     Newer technology and design techniques
                                     mean the museum is able to return the roof

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History
                                                   11
Future
“I get accused of being stuck in the past because    Maori stories into our European stories. We
of all my work in heritage building protection…      want to add more recent history like the 50s
but how will we have old buildings in the future     and 60s cribs era, too. So we engaged a museum
if we don’t look after them now?                     designer and got a price from her. That came in
                                                     at an additional half a million dollars or so. All
“Some people prefer new and shiny buildings,
                                                     up we needed $3.5 million.”
but it takes time to build character and history.
I’d much rather have a beer in an old stone pub      By early 2020, the museum had all the
than a shiny new building, wouldn’t you?”            documentation it needed – resource consent,
                                                     engineer’s drawings and relevant reports. All
David began researching and getting reports
done on the building, so by the time the
                                                     they needed was the $3.5 million.                    Some people prefer new and
legislation came out, the museum team were           “We knew that, theoretically, if we didn’t get       shiny buildings, but it takes
already ahead of the game.                           that money we’d have to close. Then Covid            time to build character and
                                                     came along and I thought: gosh, what are we
“Because of the type and position of the building,
                                                     going to do?”
                                                                                                          history. I’d much rather have
the legislation said we only had so much time to                                                          a beer in an old stone pub
get the work done. So I got an engineer’s report,    Council had already agreed to give $1 million
moved down the track with building and survey        towards the project. David also tried to apply       than a shiny new building,
reports and got it quantity surveyed. The cost       for the government’s ‘Shovel-Ready’ funding,         wouldn’t you?
estimates of the work came back at about $2.5        but was told to try the Provincial Growth fund
– 2.7 million excluding GST and I thought: oh,       instead.
shit, that’s a lot of work.”
                                                     After some cajoling, David received an email
Money for the bank building                          from Shayne Jones’ office, saying the museum
                                                     had been granted two million dollars. This
The upgrades needed meant that the museum
                                                     brought the total to $3 million.
displays would be ripped out. This was another
opportunity to improve the museum, to update
the displays and ensure history was preserved.
“We re-looked at the displays and asked: are
these still relevant? Our Maori history displays
were deficient and we needed to weave our

 12              BUILDING DREAMS          AUTUMN 2021
“Then Central Lakes Trust said: we’re not into      “The other parts of the museum are still open,
engineering, but we are into the game of giving     but it’s pretty quiet around here. We’d usually
funds towards educational purposes so we’ll         get a lot of international tourists.
back your new displays.
                                                    “If it weren’t for this project, we might be
“So we’re almost fully funded.”                     closing our doors like many other businesses,
                                                    but because of the earthquake strengthening,
Getting to work
                                                    we have a lot to do. For us, Covid has worked in
The museum is still slightly short of its funding   mysterious ways. It’s helped us get funding and
goal (and that’s assuming the tricky renovation     I think that’s great for the region.
project does not go over budget). They’ve run
                                                    “We’ve been around since 1948. We’re a key
several funding campaigns, including an art
                                                    part of the region I think, and something the
show and silent auction with the assistance of
                                                    ratepayers should be supporting. We have a
community groups like the Arrowtown Creative
                                                    big archive, we run an educational programme
Arts Society.
                                                    and an art gallery space… if we’d closed, it
“We started work in February [2021]. We’re in       would have been a huge loss. Like libraries,
full swing; they’ve gutted the old building and     museums are an important part of the fabric of
discovered old wallpapers and the fireplaces…       a community.”
which we’ll incorporate somehow.”
Earthquake strengthening is slated to be
complete by November and David hopes the
new displays and interior will be finished
by early 2022. Other parts of the museum
will still be open to visitors and this will play
an important part in ensuring the trust-run
museum continues to get some funding for day-
to-day operations.

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It’s time for interior design
Interior design can have a powerful impact on
our day-to-day lives. It’s so much more than
throw cushions and cheap prints from Ikea. At
its most basic level, interior design improves the      Your home should tell the story of
functionality of a space and your interaction           who you are and be a collection
with it.
                                                        of what you love.
After coronavirus restrictions eased, spending

                                                        Imagine
on interior design in New Zealand soared.               - Nate Berkus, American interior designer,
Perhaps it was because we’d all spent a lot more        author and television personality.
time in our homes, compounded by the fact that
overseas holidays were off the table. Health and
wellbeing was also on our minds, with attention
drawn to the environments we live and work in
having an effect on our health (mattress sales,
for example, have soared).
Whether it’s buying a better mattress for a better
night’s sleep, or redesigning a bathroom so that
it’s easier to clean, our interest in interior design
is continuing to grow. With low interest rates
and plenty of skilled capability in New Zealand,
some industry professionals say there’s never
been a better time to renovate and improve our
homes and workspaces.

                                                                                                     15
Bring us your design or let us help you Design & Build your dream
                                        home.
                                        We offer Flexibility with Design & Selections and Fixed Price

 Desire the remarkable?                 Contracts.
                                        27 years’ experience in design & build - Dedicated Construction &
                                        Project Managers.
     CALL NOW FOR A FREE CONSULTATION   Call Greg: 021 799 422
                                                                               greg@customhomes.co.nz
                                                                               www.customhomes.co.nz

16      BUILDING DREAMS   AUTUMN 2021
QUEENSTOWN

                 Create the look
                               Styling that’s all about you

            CARPET     VINYL      TIMBER          LAMINATE        RUGS        TILES
               WALLPAPER       CURTAINS           BLINDS     SOFT FURNISHINGS

QUEENSTOWN FLOORING XTRA   |   186 Glenda Drive    |   (03) 442 2036   |   queenstown@flooringxtra.co.nz
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Luxury lifestyles for
              the new breed of middle-aged
An enviable lakeside location, an astute investment opportunity and a new concept for retirement living. We take a peek inside Wanaka’s
highly sought-after Roys Bay Estate, a luxury lifestyle community for the “young middle-aged”.

Ten years ago, Catherine Hannon was enchanted        how those on the “other side of middle age”          vision of Roys Bay Estate is almost the antithesis
by a perfectly positioned 1.8-hectare site on        can make their next property move. Unlike            of this. Each property is individually appointed
the sheltered side of Roys Bay. The decision to      most retirement home models, where residents         and enjoys private aspects to either the lake or
purchase the site was driven by an idea she and      accept a license to occupy arrangement, each         mountains.
her husband had to one day share it with those       purchaser at Roys Bay Estate owns the title to
                                                                                                          “The concept for anyone living at Roys Bay is
who participate in the Wanaka lifestyle - not        both the land and the unit, Chris explains.
                                                                                                          to continue living independently and enjoy all
just observe it. They envisioned a development
                                                     “There are no exit fees, and any capital gains       the activities that inspire you but also enjoy the
where property owners could enjoy comfort
                                                     earned are retained by residents—an appealing        reassurance you are future-proofing your home
and community at the same time as living
                                                     proposition for anyone considering investing in      and lifestyle,” explains Roys Bay Estate Project
independently.
                                                     Wanaka’s blue-chip property market,” he says.        Manager Doug Walker.
More than a decade later, the vision is well and     “This model is planned to extend into the future.    “Things like onsite security, a close network of
truly a reality. And if pre-sales for Roys Bay       We have put a lot of thought into refining the       neighbours, landscaping and a body corporate
Estate are anything to go by, it seems Catherine,    design, amenities and financial structure to         make life a little easier.”
along with fellow Roys Bay Director, Chris           ensure it will stand the test of time.”
Holmes, have struck the perfect balance. Ten                                                              There is no age limit for those wanting to
townhouses at Roys Bay Estate are already            From a design perspective, Roys Bay Estate           purchase at Roys Bay Estate, but anyone
complete, with families set to move in later this    is a collection of Central Otago-inspired two        wanting to live there permanently must be 55
year and off-the-plan sales for Stage 3 looking      and three-bedroom townhouses thoughtfully            years or over.
strong.                                              positioned onsite for optimal view corridors.
                                                     The picturesque Stoney Creek meanders                The concept of “easy but independent” living
“From day one, we knew this location would lend      through the centre of the development, where         is something Catherine can relate to, having
itself perfectly to a residential community for      work on a clubhouse will soon begin. Residents       enjoyed owning an apartment in Wanaka for
those on the mature side of 55,” says Catherine.     will also enjoy an onsite manager, community         more than fifteen years.
“But we also knew we didn’t want to build a          gardens and easy access to lakeside tracks,          “Living in an apartment or townhouse makes
retirement village in the traditional sense. The     including the stunning Millennium Track.             it that bit easier to find free time,” she says.
feedback we received from so many in this age                                                             “Getting out and hiking, skiing or playing golf is
                                                     Completion is due by 2024 when Roys Bay
group was a desire to live an easier lifestyle but                                                        the Wanaka lifestyle, and this is not something
                                                     Estate will consist of 69 spacious townhouses,
not become restricted or constrained.”                                                                    anybody wants to give up just because they are
                                                     the clubhouse and full landscaping. There is no
Situated in a jaw-dropping location by Roys          hint of the big communal buildings typically         maturing!”
Bay on Lake Wanaka, Roys Bay Estate redefines        associated with retirement villages - in fact, the

 18              BUILDING DREAMS          AUTUMN 2021
The outright ownership model of Roys Bay
Estate also gives residents flexibility on how
they use the property. Owners can rent out their
property for short or long-term holiday rental
with an onsite manager available to keep an
eye on things. As an investment opportunity,
an architecturally designed townhouse on the
shores of Lake Wanaka is a strong proposition
for anyone considering a second home or an
asset to add to the Family Trust.
“The response has been overwhelmingly
positive,” Doug says.
“We’re seeing locals from Queenstown and
Wanaka who want to downsize or move closer
to town or the lake. And we’re also seeing buyers
who have been coming to Wanaka for years for
ski holidays or summer breaks and now want to
make a permanent move here.
“But we’re also seeing those who understand
how potent the Wanaka property market is and
want to be a part of that.”
It’s clear Roys Bay Estate is breaking moulds
as it reinvents the notion of retirement lifestyle
investments. And along the way, catering to
the increasingly young-at-heart middle-age
demographic.

roysbay.co.nz

                                                     19
feng shui
Feng shui: a fad,
or the influence
of calm we all need?
              Feng shui, also known as Chinese geomancy,            An inward-opening door is also far more
              is a practice originating from ancient China.         welcoming to guests.
              The words mean “wind” and “water” and the
                                                                    Keep your entrance clutter-free
              concept comes from an ancient poem about
              life being connected to and flowing with the          The entry point to your home is an important
              environment around it.                                place in feng shui. From your entrance hall,
                                                                    you shouldn’t be able to see the backdoor,
              Historically, it was used to orient spiritually
                                                                    because it’s uninviting to see an exit point the
              significant buildings like palaces and tombs in an
                                                                    moment you’ve entered a home. This space
              auspicious manner. It was believed that invisible
                                                                    should be clutter-free, organised and relaxing –
              forces or energy bind the universe, earth and
                                                                    somewhere you’d like to pause for a moment. It
              humanity, and that these forces should be taken
                                                                    should sing ‘welcome home’, not ‘look at these
              into account when designing a building. Star
                                                                    unpaid bills’! Not tripping over smelly gym
              patterns, bodies of water and other features
                                                                    shoes the second you get home will help you
              determined where and how important buildings
                                                                    feel less frazzled and more organised.
              should be built. There’s different branches
              of feng shui and the magnetic compass was             Consider a room’s commanding position
              invented as a tool for the ‘compass’ branch of
                                                                    Feng shui guidelines suggest you should
              feng shui.
                                                                    determine the commanding position of a room
              Richard Nixon’s visit to China in 1972 helped         and orientate important objects (for example
              make feng shui popular in the West. Like many         your bed or an office desk) in this position. The
              ancient beliefs shoe-horned from their original       commanding position is an area that’s furthest
              culture and transplanted into another, the            from the door and not in direct line with it, with
              fundamentals were missed. In some instances it        a ‘good backing’ (a wall, not a window) behind
              was an interior design fad, in others, it became      you. This simply means you’re in a comfortable
              a scam where ‘practitioners’ charged thousands        position to see and face whomever (or whatever)
              of dollars to tell people which way they should       enters the room, whether that’s an enemy, or
              hang their doors. But it’s not all about auspicious   some good luck.
              bamboo plants, tacky water fountains and
                                                                    Maximise natural light
              painting doors bright red. This ancient belief
              is drawn from centuries of observation of the         We all know that natural light can make us
              environment and how people interact with it.          feel happier and more positive. While getting
              There are some pearls of wisdom to be found           outdoors is something Queenstowners love
              here.                                                 to do, it shouldn’t be the only way to get
                                                                    your vitamin D fix. Ensuring windows are
                - Ideas we should take from Feng Shui -
                                                                    unobstructed is a must. TVs weren’t around
              Your front door should open inwards                   in ancient China, but if they were, we’re sure
                                                                    there’d be clear guidance about not putting one
              It was believed that a front door opening
                                                                    directly in front of a window. Use mirrors to
              outward pushed away good luck. But it’s also
                                                                    strategically boost natural light in your home.
              practical advice: imagine having to jump
                                                                    If you need to, use full-spectrum light bulbs that
              backwards every time you get home, because
                                                                    mimic natural light.
              the door swings outwards. It’s especially
              inconvenient if you come home fumbling with
              your keys in one hand, juggling children and
              shopping with the other.
                                                                                                                 21
Creating wilderness
                              on our properties
                              Dr Compost aka Ben Elms is a permaculture and gardening expert who’s been operating
                              in the unusual Central Otago climate for over 20 years. Funded by QLDC and delivered
                              by Wanaka Wastebusters, the Dr Compost project aims to reduce organic waste going to
                              landfill. Got a question? Check out @drcompost on Facebook or benelms.com

                              Nature isn’t mowed and clipped to with an inch      wilderness zone.’ An example of a wilderness
                              of its life.                                        zone in New Zealand properties would be an
                                                                                  area of mixed native planting. So, most of you
                              Branches break and fall, fungal populations
                                                                                  are doing this already in your gardens with your
                              thrive. There’s birds and bugs and animals
                                                                                  native plantings.
                              everywhere. It’s wild and wonderful. It
                              doesn’t require any NPK fertilizer or a dose        Selecting your permaculture design zones
                              of glyphosate. We can strive to lose our need       is based on the intensity of land use and the
                              for perfection and control by creating some         amount of time you spend in that area. The
                              wilderness in our own backyards.                    more intensive the time spent in that zone, the
                                                                                  closer it should be to your home. For example,
                              When doing a property design or taking a fresh
                                                                                  if you have chickens which need to be fed every
                              look at your property, we can incorporate a
                                                                                  day, it makes sense to have the coop close to
                              ‘wilderness’ area/zone into our design. This is
                                                                                  your home where it’s easy for you to get to and
                              very much part of permaculture design concepts
                                                                                  maintain.
                              and is often referred to as ‘Zone 5’ or ‘The

                              The zones
                              Zone 1 is the area immediately around the home, the area you will spend most time in. Zone 2 would
                              be close to the house too; this is where you could keep your chickens and a vegetable garden. Zone
                              3 could be bigger crops like a potato patch, an orchard and possibly some pasture animals. These
                              are things that don’t need a daily visit. Zone 4 could be wild harvest areas or woodlots and wild
                              mushrooms. Zone 5 is your wilderness area with native plantings.
                              These zones can be broken down further and we can get clever with our design. Maybe you walk
                              through the vegetable garden to the chickens, you get to observe the veggie garden more often, grab
                              some salad for dinner at the same time while you’re collecting the eggs.
                              These zones can be applied to any size property from 500sqm block to a 1000 acre farm. For a very
                              small property you might skip a zone or two. No chickens pasture animals here. No space for an
                              orchard. That said, there’s often public spaces that are left unloved that can be commandeered for
                              fruit trees or native plantings, if you’re willing to take care of them.
                              Let’s take a look how this idea of wilderness relates to smaller blocks of up to an acre or three. You
                              don’t need to create all you zones at once – splitting your project into doable steps is the key.

22   BUILDING DREAMS   AUTUMN 2021
Wilderness
        1. Native planting                                  4. Wild veggies
        Most gardens already have a corner patch or a       The veggie garden can also have wilderness.
        native berm giving them some wind protection        This might consist of one bed dedicated for
        or aesthetic pleasure. Make sure to pop some        beneficial insect and bee flowers. As well as the
        native plantings in there that can offer some       beautiful aesthetic it will bring every day. Plants
        ‘food’ for the native birds and exotic birds.       to consider for this space are fennel, lovage, dill,
        Plants like flax, kohai and coprosma can be         phacelia, nasterium, cosmos, alyssum, marigolds
        snuck into already established plantings. On        and borage. There are plenty of others too. Some
        larger blocks native regenerations projects         of these plants can be used as mulch if they get
        should be encouraged. As more native plantings      too big, and compost ingredients down the line.
        go in, more native birds appear and can be
                                                            5. A comfrey patch
        sustained. Our urban sprawl can be native
        ribbons too. Just keep an eye on those pesky        This may not suit the smaller garden. A patch of
        cats that smash native bird, skink and insect       comfrey in a corner, or at the bottom of a slope
        populations; they’re wildlife eradicators!          catching any nutrients and excess water is great
                                                            for large gardens. It flowers all summer long, and
        2. Be a lazy composter
                                                            provides plenty of organic matter for mulching,
        As gardeners we’re quick to harness excess          composting and comfrey tea. Warning… do not
        materials like leaf litter into compost piles and   plant near your veggie garden. It will take over!
        leaf mould. Let areas under trees and shrubs        Roots of all plants can sniff out richer composted
        naturally accumulate leaf litter to break down      soil, as you will know if you have trees nearby.
        and attract more insects and worms. It becomes      Comfrey is no different.
        a bird smorgasbord of goodies.
        3. Make a forest floor
        Bundles of branches tied up with some twine
        and popped in under those native plantings
        imitate forest floors. These are spaces for
        beneficial insects and skinks to call home and
        multiply. Nothing but benefits for your garden
        here.
                                                                                                           23
6. Rotting piles.
                                            We all chuck stuff in corners, grass clippings,
                                            small prunings. I’m saying: carry on, better
                                            this material stays on your property giving you
                                            benefits rather than wasting energy carting it
                                            away. Those areas can become nutrient sinks
                                            as they break down. Lots of insects, worms and
                                            fertility. Perfect.
                                            7. Consider a pond.
                                            It might just be a half a barrel dug into the
                                            ground. Or, you could go bigger and build a
                                            natural swimming pool with a water plant
                                            zone. Depending on the pond size, fencing will
                                            probably be needed to keep small children out.
                                            What you do want in there is frogs. A frog can
                                            eat a lot of aphids every day!
                                            Finally, while creating your wilderness, don’t
                                            forget that you’re promoting the below ground
                                            wilderness of the soil food web. That’s a whole
                                            other story... but trust that it’s an excellent thing
                                            for your garden and the wider environment.
[...] there’s often public spaces
that are left unloved that can be
                                                                   Happy gardening.

                                                                Ben Elms
commandeered for fruit trees or
native plantings, if you’re willing
to take care of them.

 24         BUILDING DREAMS   AUTUMN 2021
Soul Wood
                                          Soul Wood:

26   BUILDING DREAMS   AUTUMN 2021
The growth of Rustic Soul Design
“It was completely organic, the way it
happened.
“I was living in a place at the bottom of Coronet
Peak with an old shed down the bottom of the
section. At night-time, I started working on little
projects, I was just playing. I had no electricity     The night-time hobby turned to night-time
in the shed. I used a head torch for light because     projects; the first being for a friend, who wanted
it was dark. Yeah, it was basic […] One of the         a dining room table to match the trusses in his
first big purchases was a generator so I could         new house.
run the power tools.”
                                                       “I got the same timber and worked with
That’s Niall Walsh, describing the early               the same style, the same angles, the same
beginnings of Rustic Soul Design, a bespoke            cross legs and he LOVED it. Armed with the           “It’s not always the easiest to work with but it
wooden furniture shop, now established in Bush         encouragement from that piece, I was spurred         has a beautiful pattern on the grain. I don’t see
Creek Industrial, Arrowtown.                           on to do something else.”                            it in any other woods.”
He’s familiar with the walls of a workshop;            The day job in building reduced to three days        One theme is consistent throughout his work:
being raised building Go-Karts with his father         a week, then eventually stopped all together         “Contrast. That’s what I really like. I use contrast
in Thurles (County Tipperary, Ireland).                as requests from friends came flooding in The        in colours, texture; rough and smooth, with old
The first phase of his life was spent in the trades,   hobby had morphed to a business.                     wood and new. Modern and old styles.”
but the 2008 global financial crash crippled the       “I believe in Rustic Soul. That’s my direction       He enjoys using a mix of techniques and styles to
construction sector in Ireland. Like many others,      now, and I just wanna grow.”                         get the most out of each piece of recycled wood.
Niall left the country and moved to Australia.                                                              His distinctive chequered chopping boards are
He eventually found himself in Christchurch,           Sustainability has become a key factor in            made by pressing and gluing many smaller
New Zealand.                                           Niall’s business. All timber used at Rustic Soul     pieces together. He’s also keen to experiment
                                                       is repurposed wood. De-nailed, straightened,         with shou sugi ban (Japanese wood burning) on
“I was thinking ‘this will be good career move’        sanded, cut, stained into something unique and
because the rebuild was happening at the time...                                                            bee boxes.
                                                       new. He says he regularly trawls online trading
One weekend I did a weekend road-trip to               pages for when people are throwing things            “It’s a technique that Japanese have used for
Queenstown and I was blown away.”                      away. Friends still in the building industry         thousands of years to protect the outside of their
It’s the romantic story of traveller meets             will call him if native timber is being discarded    houses. Now, it’s been used as a design thing.”
Queenstown and settles.                                during a renovation.                                 The briefs differs from client to client and Niall
“That was seven and a half years ago… New              “Recycled timber has character, it has a story.”     is seeing an increase in interest for high-value,
Zealand has given me the opportunity to grow                                                                long-lasting wooden furniture and objects made
                                                       Rimo wood was often used in construction             by artisans. He says many are returning to a
that little hobby into something more.”                before the 1970s and it often ends up in landfill    culture of reusing and repurposing rather than
                                                       during renovations. It’s now a protected species,    throwing items away.
                                                       and one Niall relishes getting to work with.
                                                                                                            “I think there’s a big change in culture right
                                                                                                            now, to buy something well-built to last for life
                                                                                                            and if something happens, fix it, don’t throw it
                                                                                                            out.”

                                                                                                                                                           27
How to add value to your home
    by converting a spare room
    Understanding how to add value to your home is crucial. Having a spare room doesn’t
    just add value, it can also present you with endless ways to utilise your spaces and build
    a cosier home.
    A versatile spare room that doubles as something else can spark market interest when it comes
    time to sell or rent, if done in the right way. As buyers walk through your spare room and imagine
    themselves living there, your home becomes more appealing – which makes them far more likely
    to make a purchase.
    That’s why converting your spare room can effortlessly add value to your home. The best part? It
    doesn’t have to cost a fortune. So, clear the junk out of that disused room: here’s our top ideas on
    converting your spare room to add value to your home.

                                                       Create a home office                                Create an arts studio
                                                       Working from home has become increasingly           Turn your spare room into a space where
                                                       common, especially during the ongoing               painting, dancing and singing can be facilitated,
                                                       pandemic. Luckily, you can create a value-          all within the comforting space of your home.
                                                       adding home office space on a budget.               Pique the interest of potential buyers by playing
                                                                                                           to their artistic side through the careful selection
                                                       Simply choose a durable and easily-removable
                                                                                                           of a few inspirational items.
                                                       work desk, a bright lamp, and add some splashes
Spare room
                                                       of greenery to encourage productivity. Adding       Choose inspiring wall art by your favourite
                                                       a bookshelf can also be a versatile way to          artist, an easel, musical equipment or a
                                                       store items. If your home is being displayed to     microphone stand to inspire you. Hang any
                                                       potential buyers, files and documents can be        artistic creations or awards on the walls or pop
                                                       stowed away in closed shelving to reduce clutter.   them on a floating shelf to motivate you.
                                                       Use open shelving to display art, ornaments and
                                                                                                           Create a reading nook
                                                       small pot plants.
                                                                                                           In our fast-paced, always-on world, there’s
                                                       A home office sanctuary is the perfect way to
                                                                                                           something tantalising about a digital free room.
                                                       add value to your home. Plus, it will actually
                                                                                                           Add a touch of class and sophistication to your
                                                       inspire you to get work done!
                                                                                                           home by turning your spare room into a mini-
                                                       Build a home gym                                    library or reading room. Again, this can be cost-
                                                                                                           effective; simply place any book stands, books,
                                                       Turning your spare room into a home gym is
                                                                                                           magazines and newspapers strategically in your
                                                       another great way to add value to your home.
                                                                                                           spare room to create a usable, relaxing space.
                                                       While this process may seem a little expensive,
                                                       you can start with a couple of pieces of            Otherwise, you can also fill your mini-library
                                                       equipment and expand on it as you go. If you        up with cheap books from a second-hand
                                                       enjoy calisthenics training (aka bodyweight         book seller or op shop. Inexpensive antiques,
                                                       training), you won’t need much equipment at         candles, plants and other decorative ornaments
                                                       all. The key here is to buy a few staple items to   can also help to inspire the mood for reading.
                                                       cement the ‘look’ of a gym.                         A comfortable sofa or day bed can top off the
                                                                                                           look and show potential buyers how versatile
                                                       An adjustable bench is perhaps the most
                                                                                                           the room can be.
                                                       important piece of any home gym. With most
                                                       benches costing under $100, you don’t have to       Impress your guests with simple, convenient
                                                       splurge.                                            ways of converting your spare room to spur
                                                                                                           new market interest and incentivise buyers to
                                                       Other affordable equipment that can
                                                                                                           purchase or rent your home.
                                                       conveniently be packed and stored away include
                                                       yoga mats, light dumbbells and an exercise ball,    Versatility and affordability are essential when
                                                       which can double as a desk chair to help with       decorating your spare room and transforming it
                                                       your posture and spine alignment.                   into a new space. That way, you can add value to
                                                                                                           your home while minimising costs.
                                                       You don’t need to purchase an expensive
                                                       treadmill; the secret is to create the atmosphere
                                                       of a gym without actually buying all the
                                                       equipment.

     28              BUILDING DREAMS         AUTUMN 2021
Create your own
                          new norm.
                          Build your dream.
                          We have fabulous plans, flexible
                          options and creative solutions that
                          will make your next home a true
                          Landmark.
                          Begin your journey with our creative
                          team today.

                          CONTACT DYLAN THOMAS

                          027 702 7969
                          dylan@landmarkhomes.co.nz
LANDMARKHOMES.CO.NZ   DONT BUILD A HOUSE. BUILD A LANDMARK.

                                                                 29
Arrowtown    An unassuming cottage at the end of
                              Buckingham Street, Arrowtown has been a
                                                                       The last stop
                                                                 on the path to gold
                              hub of commercial activity since the gold rush
                              days. Now, it will continue to do so thanks to a
                              group of locals passionate about the site.
                                                                                   suggested to Council that instead of just having
                                                                                   this big ugly retaining wall, we’d expand that
                                                                                   into a little shed-type thing – an extra space for
                                                                                   the café.
                                                                                   “I don’t think people realise how complex
                              The Dudley’s Cottage Precinct on the Arrowtown       project like this are. There’s an infinite number
                              River Reserve consists for two historic cottages     of things that went into it and for me, that’s
                              and a series of shed-like buildings. The first       where the final character of the place comes
                              cottage is one of Arrowtown’s oldest and was         from. Each little thing feeds into the end result.”
                              built by William Butler in around 1880 as a
                                                                                   Scott Steven’s The Dishery restaurant was
                              supplies store (and his home). The Irishman was
                                                                                   initially designed to be a stone building. But
                              one of the first to join the 1860s gold rush.
                                                                                   after a number of consultations, including with
                              The cottage has been owned by locals ever since      a historical consultant from Auckland, it was
                              and in 2009, current owners Scott Stevens and        decided that the stone would be too dominant,
                              John Guthrie hatched a plan to breathe life back     possibly drawing attention away from the
                              into the run-down cottage, turning it into a         adjacent Ah Lim’s historic stone cottage.
                              precinct with shops and a restaurant.
                                                                                   The site needed more contrast, so the shed-like
                              They engaged architect Maurice Orr to future-        forms came to the fore again. Materials like
                              proof and help master plan the site. With more       corrugated iron were chosen to create this feel,
                              than 30 years’ experience in the region, he          as well as glass.
                              knows it well. He designed the urban design
                                                                                   “Glass is a more modern material, but it’s also
                              award-winning      Saffron/Dorothy     Browns
                                                                                   kind of a void. It makes a building more recessive
                              Cinema complex, and has completed a plethora
                                                                                   and that’s what we were trying to do here, to
                              of projects in Queenstown.
                                                                                   create a building that is part of its surroundings
                              “It’s a bit different to the other cottages in       – not standing apart from it.
                              Arrowtown,” Maurice says of the cottage, “This
                                                                                   “The idea was to create a wild garden cluster of
                              guy Butler was busy, he was a pioneer and he
                                                                                   buildings!
                              was selling things to the miners. Historically, it
                              was the last stop before you went to Macetown        “It becomes part of the character of something
                              for your gold mining. The site has always had a      that’s old, that’s new and has a garden feel. The
                              commercial vent and I wanted to use that.”           end result is all of that together. People can’t put
                                                                                   their finger on why they like it, but it feels right,
                              Maurice says one of the interesting things about
                                                                                   it works. It respects the history of the site whilst
                              the site is that it is made up of many elements.
                                                                                   enabling adaptive use.”
                              There’s the two historic cottages, built 17 years
                              apart, the Chinese Village nearby, and a small       The landscaping wraps around the building
                              woodshed.                                            and wild roses and trees have been planted to
                                                                                   help the building melt into its surroundings.
                              “There were shed forms around the site so we
                                                                                   Maurice’s plan was to move away from crisp,
                              took imagery from that. The Chinese Village’s
                                                                                   clean lines and create a ‘rugged air’ that paid
                              shed-like forms, the little woodshed… we
                                                                                   homage to the site’s original use as a busy
                              decided that the new buildings should be more
                                                                                   miners’ supplies store.
                              casual than the renovation of the older cottages,
                              which would be more formal, like old English         “It was a rugged site, an emotional site. Things
                              country cottages.”                                   happened here. They would have seen the
                                                                                   gold miners come and go. It was lived in, but
                              “In a way, the whole site has always been in a
                                                                                   it’s a colder part of Arrowtown so life would
                              state of flux. It was a living site, a busy place
                                                                                   have been tough here and the building has a
                              with a lot happening. There would have been
                                                                                   toughness to it.
                              other sheds around the cottages in the past and
                              that’s why we went with the shed idea.”              “Working on it has been a journey. I get a little
                                                                                   emotional talking about it because you realise
                              The complexity of the build and renovations
                                                                                   that you put a lot of yourself into it and there’s
                              meant that the plans were often in a state of
                                                                                   already a lot of emotion and history in that site.
                              flux too. An old tree (whose roots had to be
                                                                                   […] There’s a story here and that is part of the
                              protected and built around) and the proximity
                                                                                   rich fabric of life.
                              of the building to the embankment meant that
                              the buildings had to be set further into the rock    “This project has been about bending, shuffling,
                              than initially thought.                              being adaptable and truthful to what the past is
                                                                                   while designing something that is appropriate
                              “That was no mean feat. They struck rock and
                                                                                   for the future.”
                              some of the rock was loose, so they had to do
                              further excavation to stabilise it. Because of
                              that, we had to build a big retaining wall, so we

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32            BUILDING DREAMS   AUTUMN 2021
Sold!
         Understanding the rhythm of auctions
January 2021 saw the highest percentage of properties sold by auction in New Zealand since records began.
The fast-paced method of selling houses has been around for centuries, used by Buddhist Monks and the Roman Empire alike. But what’s driving the
recent trend in New Zealand?
Freelance auctioneer Barry Litten says auctions – particularly in the hands of a good real estate agent – are fast, transparent and effective.
“It’s a very transparent process. It’s been happening for thousands of years. It’s a short, sharp campaign and you’ll get a result mostly on the day. It’s
a cash an unconditional sale for the owner, which is good for them,” he explains.
After an illustrious career in Australia’s 70s and 80s glam rock scene (Barry was the drummer for Jimmy and the Boys, among other bands), Barry
moved into the real estate industry in the early 90s. Perhaps the idea of hitting a gavel in front of a noisy crowd appealed to his rock drummer
sensibilities – it wasn’t long until Barry moved on to become a successful auctioneer. He has worked with the likes of Perpetual Trustees, Westpac, and
the East Perth Redevelopment Authority in Western Australia. Since relocating to Arrowtown a few years ago, he’s come to know the area very well
and frequently works with Ray White Real Estate.
Building Dreams asked Barry for some insights and tips into the fast-paced world of property auctions.

What are the advantages and disadvantages               Is there a kind of property that lends itself        usually knocks out the competition. Remember
of selling by auction?                                  well to auctions?                                    that you don’t have to bid any higher than you
                                                                                                             want to.
The advantage for the seller is that it’s a cash,       Most properties can work well in the auction
unconditional sale on their terms. But also, in a       process. But certainly unusual ones, where it is     I like the process because it’s transparent.
rising market, like the one we’re in now, it will       hard to establish value and there’s not relative     There’s no waiting around for competing
extract market value which can be a lot higher          sales, are good candidates for an auction.           offers or counter offers because you can see
than you might think.                                                                                        the competition. It’s all there right in front of
                                                        If you have a buoyant market, like we do now,
                                                                                                             you. And once it is on the market, you know
The negatives can be that, for the agent, it is         you might have lots of homes – like those in
                                                                                                             that there will be a buyer. It’s scary, and it can
more intensive. It’s very specialised and not all       Shotover Country and Lake Hayes, which are
                                                                                                             be stressful… but with an experienced agent
agents are good at it. Others do have success.          all very similar and there are relative sales to
                                                                                                             running the campaign, it works very well.
                                                        compare to. You might think there’s no need to
Another potential issue is the finance. To
                                                        go to auction with a property like this, but you’d   What’s the strangest thing you’ve had
go to auction, the buyer has to be cash and
                                                        go to auction to try and extract a premium price     happen at an action?
unconditional and not everyone has their
                                                        because there’s demand. When there’s only one
finances sorted. This can make it difficult for                                                              I could tell you quite a few stories. A surreal
                                                        or two on the market and lots of buyers, auctions
first home buyers. But for second and third                                                                  one, for me, was when I was in hospital in
                                                        works well. You might not want to do that when
home buyers, who have some equity in their                                                                   Perth, recovering from an operation. I got out
                                                        there’s 20 similar houses on the market and the
homes or other properties, it can work well.                                                                 of hospital and I had to call an auction for one
                                                        price is clear.
                                                                                                             of the councils, but I still wasn’t feeling too well.
I think auctions are good because they create
                                                        Do you have any insider’s tips for buyers            I was still recovering and I had to hold on the
action. It makes people be decisive. If a seller puts
                                                        going to an auction?                                 rostrum to keep myself afloat. The sale was the
a property up at auction and there’s no bidders,
                                                                                                             subdivision of land and it sold for something
at least the seller knows where to go from there.       There’s good advantages for the buyers at
                                                                                                             around $23.5 million dollars. Calling high
They’ve got an answer to their question within          auction. You can see who you’re up against.
                                                                                                             numbers like that was really surreal… most
a few weeks: Is there anyone out there that
                                                        You’ll find that experienced buyers know to be       auctioneers don’t see numbers like that. I did
wants this property, and if so, what will they
                                                        a bit like Jacinda – ‘go hard and go early’. That    feel a bit better afterwards!
pay? You’ll get that answer quickly.

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