Napier Provedoring has sold its Ahuriiri site which will be developed into housing.
Napier Provedoring has sold its Ahuriiri site which will be developed into housing.
A block of Ahuriri commercial buildings is about to be bowled for a residential development.
Fronting Waghorne St and bounded by Macaulay St, Waghorne, Winston Lane and Ahuriri Bypass, the former site of Napier Provedoring and Creative Woodworking will become the Ahuriri Villas.
Stage one of the development is beingsold off the plans and described as six architecturally-designed villas. The remaining 10 villas will be released to the market once stage one is sold by deadline treaty, closing this week.
The development is by the Ahuriri Land Development Company with construction expected to start early next month and completed by December 2017.
The developers are seasoned veterans: prolific North Island developer Jonathan Wallace of Havelock North-based Wallace Developments and local real estate business owner/developer Simon Tremain.
Between them they have 60 years of development experience but for this project each is guiding less-seasoned project partners. Mr Tremain has fellow realtor Cam Ward and Mr Wallace his son Ben Wallace, an economics graduate recently returned from New York. This will be Ben Wallace's second development with his father, who said they had three more developments lined up.
The villas are being marketed by New Zealand Sotheby's International Realty. Managing director Fraser Holland said it was a sought-after location, one street back from the Ahuriri waterfront and answering "a real need" in Ahuriri for high-quality, low-maintenance, single-level contemporary freehold homes.
"The floor plans provide easy living, two bedrooms and two living with one that doubles as accommodation overflow, as well as courtyards front and back."
