Canepa Developments has completed the first stage of its Ngapara Estate subdivision in Alexandra, and sections will go on the market early in the New Year.

The new 52-lot subdivision is located under the Boot Hill recreational reserve, and included in the development is a walkway linking through to the mountainbike tracks behind it.

Canepa Developments has been involved with subdivisions for the past 30 years, including Old Golf Course at the top of Bridge Hill, the Tiger Hill rural subdivision, and another one in Glenorchy.

Led by local businessmen Jeff Vessey and Phil Dunstan, all of the drainage work, services, curb and channeling and footpaths have been completed, but they said it was looking likely the road sealing might not be finished until early February.

Jeff said once signed off by council, the titles will become available and sections actively marketed, but already four to five have been “tentatively” sold.

He said now was the right time for the Alexandra subdivision, but it had taken awhile to come up with a development plan.

“We were waiting for the right economic climate and there is a bit of luck involved. But we are also building it now because we believe in the future of the town,” he said.

Sections range from the several smaller 300sqm lots up to 790sqm and Jennian Homes is also building a showhome onsite.

Jeff said the smaller sections might appeal to retirees wanting to downsize to a smaller two-bedroom home, or to first home owners looking for an affordable option.

“Gone are the days of people wanting a quarter acre section,” he said.

But for those who are still looking for a lifestyle block, the recently consented Glenoir LP subdivision along Dunstan Road offered sections from 900sqm to 1880sqm.

And further north along Dunstan Road, Molyneux Lifestyle Village has started on its 16ha development on the old William Hill winery site - offering 2000sqm to 3000sqm sections.

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