Since its inception The Delta has been recognised as a premier residential development in Fiordland. The site was formerly part of a dairy farm that skirted the shores of the lake and supplied milk to the Te Anau Basin. It was then taken over by LandCorp in the 1960’s and in more recent times has been farmed as a sheep and beef unit.
In 2003, resource consent was granted for the area to be subdivided into 240 residential sites and the original developers undertook the projects first site works. This was a major financial investment with roadways fully developed and initial services installed to a percentage of sites.
Providing low-density housing options in a luxury lifestyle setting was their focus and when the first 100 sections were launched, 88 sites were sold within the first 24 hours.
A further 55 sections were sold over the next 12 months and in 2006 the remaining development was sold outright to one of the initial shareholders in the subdivision. However, as the global financial crisis slowly took it toll, the development languished.
Early in 2013, one of the original purchasers, Adam Fairmaid was offered the opportunity to re-acquire the development direct from the bank and he embraced the challenge. The Delta had not been finished to the high standards laid out in the original concept plans and he has relished the opportunity to come back and complete the project.
With new business partners Warren Bates, Wayne Oxenham, and Scott Murray, the group has reinvested in the residential subdivision providing a fresh new vision for the lifestyle community.
A new generation of development is now underway creating exciting investment opportunities.