Investors last part of worker housing

TAMLYN STEWART
Last updated 05:00 17/01/2013

Relevant offers

Rebuilding Christchurch

City needs 'visitor strategy' Quake damage upsets architect Building standards declining - experts 1100 civil servants to move into CBD Tallest tower earmarked for hotel Campaign to attract anchor project investment Chch rebuild helping drive national growth Labour promises quake court and flooding work Christchurch $400m short for roads and pipes Firms pack up as $90m boom ends

Property development and management firm Domain Consulting aims to build 100 houses for rebuild workers in Christchurch before the year is out.

The firm, run by property investment consultant Tanya Kwasza and Rosh Daji, will pitch its plans to Auckland investors at a seminar next month.

Kwasza said the firm had already signed up some Christchurch investors but was looking for more to buy into its house and land package deals.

Domain Consulting has plans to build houses that can accommodate four to eight people.

The properties will be fully furnished and will not form a worker camp or village but would be part of the city's permanent housing stock.

Kwasza said plans for three houses, which would be in central locations in Linwood, were at the consenting stage with Christchurch City Council.

Construction should start at the beginning of next month and she hoped the first house would be ready in April.

The firm was in talks with several companies bringing in workers for the city's rebuild, and had secured a contract with one.

"But that one company is enough for us to keep building for a couple of years effectively, there is no problem with demand for beds," Kwasza said.

Some Christchurch investors had signed up for house and land packages.

The firm had identified other potential sites in subdivisions such as Silverstream, Wigram and Rolleston.

Kwasza said the firm's goal was to build 100 houses this year, and it has furniture stored in a warehouse.

"It's just a matter of getting the investors on board."

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content