Stage One of this development which sees 29 prime sections being released to the market has been met with "eager anticipation" said Bayleys real estate agent Helen Webb.
While viewed as a 'boutique' holiday destination, Kinloch's population and size has continued to grow. Census figures show that in 2006 there were 555 dwellings in Kinloch. By 2013, that number had grown to 684 dwellings – with 70 percent of those classified as 'holiday homes'. In parallel, census figures show the town's population has blossomed from 327 people in 2006 to 489 in 2013. The upcoming 2018 census results will no doubt confirm that this exponential growth has continued over recent years.
Ms Webb said Kinloch's urban spread and population growth had been simultaneously underpinned by a rise in tourism-related activities in the greater Taupo region – most notably driven by the increase in golfing and cycling participants.
The New Zealand Professional Golfers Association ranked the Jack Nicklaus-designed Kinloch Golf Course as the country's best 18-hole amenity, while the nearby Wairakei Golf and Sanctuary course in Taupo came in at sixth spot.
Meanwhile, the opening of Taupo's section of the New Zealand Cycle Trail Project has also attracted thousands of new visitors to the region.
Ms Webb said "The development will be something Kinloch has not seen before, a high-end luxury subdivision, focused on the preservation of native flora and fauna. Only a 3-minute walk from the lake, with sculptures, fitness trails, and parks all setting the scene for a prestigious living environment."
Open days for Seven Oaks are scheduled for the Easter break. For more information on the development, visit the Seven Oaks website.