The Yards Brochure

TH E YA R D S QUEENSTOWN

VICTORIA FLATS ROAD

QUEENSTOWN, NEW ZEALAND

theyards.co.nz

The perfect place to work

LAKE HAYES

SHOTOVER COU NTRY FR ANKTO N Q UEENSTO WN AIR PO R T

GIBBS TON

CROMWELL TH E Y A R D S

A . SIT E CONTEXT PL AN ( 1:100,000 @ A3) client / project name: CARDRONA CATTLE COMPANY LTD./ GIBBSTON VALLEY SUBDIVISION drawing name: SITE CONTEXT PLAN drawn by: ANCA BELU/ JEREMY ROSS/ ZOE HUGHES original issue date: 09 AUGUST 2024

revision no: A B C D E

amendment: Draft Issue for Comment Updates as per Client Comments Updates as per Client Comments Updates as per Client Comments Updates as per Client Comments

approved DCM DCM DCM DCM DCM

date 09/08/2024 15/08/2024 19/08/2024 26/05/2025 07/10/2025

DCM URBAN DESIGN LIMITED 10/245 ST ASAPH STREET CHRISTCHURCH 8011 WWW.DCMURBAN.COM

Welcome to The Yards – Queenstown’s latest, and likely last, industrial subdivision.

WANAKA

TAR R AS

CAR D RO NA A RROW TOWN

Q U E E N STOW N

CRO MWEL L

F RA N KTO N

THE Y A

RD

S

Drivetimes: The Yards — Queenstown 25min The Yards — Cromwell 25min The Yards — Wanaka 70min The Yards — Alexandra 45min

ALEXAND R A

Whether you’re a business owner whose main area of operation in Central Otago is Queenstown, or an investor looking to capitalise on the region’s extraordinary growth and commercial stability, The Yards represents an opportunity well worth your consideration.

Here are the facts:

This is a modern industrial precinct in the most strategic location in Central Otago — the perfect place to work and grow.

Wānaka: Industrial land is tightly held and sells for around $1,000 per sqm.

QUEENSTOWN HAS S OME OF THE MO ST EXPENSIVE INDUSTRIAL LAND IN AUSTRALASIA That shouldn’t come as a surprise. Queenstown is effectively an island — it has constrained supply. Add to that the significant challenges of developing in this environment, particularly the proximity of residential neighbours and the restrictions around visibility, and you begin to see why industrial space here is so scarce.

That scarcity is what makes The Yards unique, and what made its development possible.

Glenda Drive, Frankton: Sites are rarely available, but when they are, bare land sells for $2,000–$2,200 per sqm.

Cromwell: Demand here has been largely driven by the shortage of industrial land in Queenstown. Most available land is held by a couple of parties who are reluctant to release land. Large industrial blocks sell for $500–$600 per sqm, while smaller lots range from $550–$650 per sqm.

The Yards is priced below all of these.

It is, right now, an extraordinarily affordable opportunity.

There is no other comparable site this close to Queenstown, and none better positioned to service the entire region. The Yards is set to become a valuable industrial hub for Central Otago businesses and the wider community.

Additionally, for Queenstown-focused businesses, The Yards eliminates the one-hour round trip through one of New Zealand’s most frustrating stretches of highway — the Kawarau Gorge — and avoids the traffic congestion of Frankton.

AFFORDABILITY Most importantly — and for a limited time — The Yards is by far the most affordable industrial option within reasonable proximity to key population centres.

No matter how large or small your industrial or commercial needs are in Central Otago, The Yards can meet them — economically, sustainably, and strategically.

The perfect place to work

www.theyards.co.nz

The Yards has invested in comprehensive design solutions to ensure this development offers an unparalleled level of services and infrastructure.

Roading, stormwater and landscaping have been uniquely integrated to cater to industrial uses in the Central Otago setting and each lot has a high level of servicing to provide for a wide range of end use.

To reflect this investment, all the services within The Yards will be privately owned and maintained by a dedicated services entity.

This entity will ensure that all annual levies, together with annual rates levies will be more competitive than the equivalent QLDC or CODC rates levies for any equivalent industrial land.

Experienced and practical stakeholders with specific local knowledge have been brought together to deliver an industrial subdivision that is world-class and will endure for generations.

1. ENGINEERS All engineering design has been completed by respected national firm Eliot Sinclair. Where relevant, their expertise has been complemented by independent third-party specialist teams to ensure best practice and optimal design outcomes.

2 . COMPLIANCE These designs have been peer-reviewed against the highest safety standards and then consented and approved by the QLDC.

The perfect place to work

3. MAIN CONTRAC TORS Our principal contractors are Civil Construction Ltd, who have a long and successful history in this community. They were selected after much consideration with our project team who were able to base their judgement on the quality and durability of several residential and commercial developments completed by Civil in recent years.

Their attention to detail and very high standards has been an essential part of the successful completion of this project.

4. ROADING The chipseal road into The Yards from SH6 is a council owned-road. From the boundary of the subdivision onward, all the roads have been asphalt sealed.

These roads are designed to easily accommodate a truck and trailer combo and have been subject to specialist roading engineering design assessments to provide for maximum safety and longevity.

www.theyards.co.nz

5. P OWER All larger yard-based lots are serviced with 69kVA 3 phase. Smaller lots have 41kVA 3 phase supply. This ensures ample power supply for all standard industrial type uses on the sites.

9.DATA The Yards have invested in a high level of data provision to every site. We have laid fibre conduit from the highway in order to provide state of the art data services to all owners.

6. WATER All sites are supplied with two separate supplies – one for drinking (potable) and the other specifically to cater to industrial type uses. The potable water passes through ultraviolet and chlorine dosing processes to ensure it meets strict national Drinking Standards.

10. LAND S CAPING Each lot owner is obligated to landscape their lot and to maintain that landscape once established.

7. FIRE Hydrant supply fire fighting is available throughout the site that complies with FENZ requirements to offer appropriate protection for The Yards and all owner’s buildings given the location.

8. WASTEWATER All lots are supplied with a wastewater connection that passes through a centralised wastewater treatment plant that complies with strict council disposal requirements.

The perfect place to work

Beyond this, common areas and roadsides will be landscaped in order to further enhance the aesthetic standards of the property.

11. STREET LIGHTING This is achieved through solar powered lamp posts and bollards. These are activated only after sunset and up to sunrise by motion sensors.

In the near future we intend to construct a solar farm. This will be located on a terrace to the north of The Yards on a scale that will have the potential to power all occupants.

www.theyards.co.nz

STAGE ONE SELLING NOW LOT

AREA

P RICE P ER M²

PRICE

LOT

AREA

PR IC E PE R M²

PR IC E

13

5,767 m²

$390/m²

$2,249,130

215

1,979 m²

$400/m²

$791,600

200

2,681 m²

$450/m²

$1,206,450

216

1,758 m²

$400/m²

$703,200

202

3,042 m²

$450/m²

$1,368,900

218

7,957 m²

$350/m²

$2,784,950

203

3,843 m²

$400/m²

$1,537,200

220

1,444 m²

$490/m²

$707,560

204

3,288 m²

$400/m²

$1,315,200

221

1,444 m²

$490/m²

$707,560

205

2,199m²

$450/m²

$989,550

222

1,444 m²

$490/m²

$707,560

206

2,971 m²

$400/m²

$1,188,400

223

1,393 m²

$490/m²

$682,570

207

2,754 m²

$450/m²

$1,239,300

224

1,394 m²

$490/m²

$683,060

208

3,150 m²

$400/m²

$1,260,000

225

1,393 m²

$490/m²

$682,570

209

2,749 m²

$400/m²

$1,099,600

227

1,393 m²

$490/m²

$682,570

210

1,764 m²

$425/m²

$749,700

229

3,563 m²

$400/m²

$1,425,200

212

1,305 m²

$490/m²

$639,450

245

4,993 m²

$400/m²

$1,997,200

214

2,191 m²

$400/m²

$876,400

www.theyards.co.nz

The perfect place to work

SOLD

SOLD

SOLD

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SOLD SOLD

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SITE ENTRANCE

SOLD

SOLD SOLD

SOLD

GIBBSTON HIGHWAY

SOLD

SOLD

SOLD

SOLD

SOLD

SOLD SOLD

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SOLD SOLD

SOLD

LOTS AVAILABLE FOR SALE

take theirs: “We were looking for a suitable yard base for our company for a good couple of years, but the traffic in Frankton and the distance to Cromwell put us off either of these options. When The Yards opportunity came up we jumped on it. It means our Queenstown-based staff will be going against the traffic flow and our Cromwell employees have a shorter commute. Plus, it’s a well designed development with great sized industrial sections which we can create to suit our needs. The land use consent at The Yards gives us the room to process our materials which will take the pressure off land fill. It also means as a company we will reduce transport costs and our carbon footprint, also a cost savings which we can pass onto our clients.”

— SAM MONK, MONK EARTHWORKS

“When we first heard about The Yards , we were immediately struck by how rare it is to find industrial land of this scale and quality in the Queenstown region. Affordable, well-located sites are few and far between, and The Yards offered a real opportunity to secure our long-term base before prices climbed.

The location really works for us - it’s positioned midway between Frankton and Cromwell, giving easy access to both Queenstown and Central Otago markets. That balance of connectivity and space made it an easy decision. What also appealed was the flexibility of the sites. The larger lots at The Yards are perfect for yard-based and trade operations like ours - we’ve got the room to grow, store equipment, and manage logistics efficiently, without the constraints of smaller industrial zones. Looking back, we’re very glad we moved early. The project’s come a long way, and seeing Stage 1 come to life reinforces that The Yards is a smart, strategic choice for businesses who want to future-proof their operations in the Queenstown area.”

— KRIS JARVIS, FALLPROOF

“Our company owns a small site in Glenda Drive. We have no prospect of expanding that and even if we could the costs of doing so would be prohibitive. When the opportunity to acquire land at The Yards arose we jumped at it. We now have a site that will last us many years in to the future. It is well located for our work in Queenstown as well as the rest of the district. There are no parking or traffic hassles and our staff are very comfortable and settled here. It is really the perfect place for us to operate our contracting and landscape business from.” ­— MAXINE MURDOCH, BMT CONTRACTING

www.theyards.co.nz

The perfect place to work

Queenstown

CONTACT DETAILS ALASTAIR WOOD | COMMERCIAL BROKER +64 27 436 2422 alastair.wood@colliers.com JAMES VALENTINE | COMMERCIAL BROKER +64 21 777 772 james.valentine@colliers.com

www.theyards.co.nz

THE YARDS, VICTORIA FLATS, QUEENSTOWN, NEW ZEALAND Otago Realty (NZ) Ltd. Licensed REAA 2008