INDEPENDENT NEWS

Infinity Investment Group Purchases Yaldhurst Village

Published: Fri 26 Aug 2016 02:49 PM
Infinity Investment Group Purchases Yaldhurst Village
One of the South Island’s leading property development companies, Infinity Investment Group Holdings Limited has announced the purchase of Yaldhurst Village in Christchurch.
The 33-hectare property on Yaldhurst Road, close to the Russley Road intersection and opposite the new Christchurch Football Academy, has been extensively prepared for development, with roading in place and a light-controlled intersection at the entrance from Yaldhurst Road.
It is expected around 250 residential lots will be available, and a 5-hectare area zoned for a broad range of commercial activity also sits at the entrance to the development.
Infinity Group managing director Paul Croft says the Yaldhurst property is another opportunity for Infinity to demonstrate its expertise in building quality communities.
“We believe Yaldhurst is a fantastic location in an extremely desirable part of the city,” says Paul Croft. “Sitting as it does at the city fringe, with a semi-rural outlook, and yet just minutes away from retail hubs like Riccarton and Hornby, it really offers a fantastic combination of lifestyle and convenience.”
“The ability for a wide range of retail and business activities to support the community as well as the wider population of this growing area is also a real advantage.”
Mr Croft says he expects interest in the new development to be strong, with a number of homebuilders already expressing interest in building within the community.
“We are looking forward to restarting the project, and providing a broad mix of section options and house and land packages for local buyers – ranging from first home buyers to larger families – who want to take advantage of the great location and the incredibly convenient access to all the activities and attractions in the west of the city.”
“We also expect a lot of interest in the commercial area, which offers the ability for a range of businesses to develop premises to suit their operation and the demands of the local region.”
Infinity Investment Group has extensive experience across the South Island in establishing residential developments and master-planned towns. In North Canterbury, the company is currently establishing Ravenswood, a new 1300 section residential community that will feature a significant commercial development including a New World supermarket, BP Connect service station and Wild Bean Café, and a McDonald’s restaurant.
The company is also well-known for a number of award-winning residential developments in Wanaka, as well as projects in North Canterbury and on the West Coast. In 2013, Infinity Group won the Property Council of NZ award for best urban land development for its Peninsula Bay development in Wanaka. In addition the Group’s Far Horizon residential development in Wanaka won a Property Council merit award in 2007.
Paul Croft says the Infinity team, a number of whom are based in Christchurch, is looking forward to getting underway in Yaldhurst.
“We’re excited about the opportunity here and the chance to demonstrate again to the Christchurch community the quality and attention to detail Infinity’s projects are renowned for.”
Infinity Investment Group Holdings Limited completed the purchase on 15th August 2016.
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