Strong interest in new Pomare subdivision
Two-thirds of the first 39 homes to be built in the redevelopment of Housing NZ's former gang-plagued Pomare community have been sold off the plans, the developer says.
City Living director Graeme Cromie, whose company is doing the Riverside Gardens development in partnership with Housing NZ, said 24 homes had been sold unconditionally and another three sales were conditional.
Twelve of the homes in the first two stages of the development were still available.
"Interest in the product has been exceptional, bearing in mind the holiday period and we expect to be sold out in this stage in the next month or so."
Engineering work for stage one and two began last year.
This included earthworks, drainage, power and fibre optic cabling, roads, footpaths and surveying.
These stages, at the northern end of the subdivision, include a reserve and a road that will ultimately join into a walkway from High St to Pomare railway station.
Meanwhile, work on a show home should be finished by the end of next month and Cromie expected construction on the next 10 houses should start shortly after that.
Remaining houses in the first two stages range from $334,500 for 96 square metre two-bedroom single homes with a garage.
Three-bedroom 115sqm homes with a garage were selling for $349,500 and four-bedroom homes with two bathrooms and double garages were going for $440,000.
All homes feature concrete slab foundations, double glazing, heat pumps and air conditioning, floor coverings, fences, driveways and landscaped sections.
"Our agents, Professionals Hutt City, tell us there are no other brand new houses in their market that compete with these homes on price.
"We have priced them to make them affordable and available generally only to owner-occupiers and pitched to help older people get out of their 60-year-old uninsulated homes and for young people to get into their first home."
The styles were mixed to achieve a varied and attractive streetscape.
"We think the redevelopment plan utilises existing amenities, such as the health centre really well. The new homes have been planned around these with enhanced green spaces and improved links to transport."
Cromie said he expected civil works for stages three and four to start in the second quarter of the year and they were now working on house designs for those stages.
Design of the fifth and final stage was also under way.
When finished the whole subdivision would have about 150 homes, with Housing NZ committed to taking about 20.
Riverside Gardens will occupy the space where 88 old and run- down Housing NZ homes were demolished three years ago.
City Living's other recent projects include a 27-lot subdivision of the former Waiwhetu School site which it purchased off the Port Nicholson Block Settlement Trust; a 7-lot subdivision in Military Rd and a large commercial development next to the Avalon television complex in Percy Cameron St.
The Dominion Post