Its first residents are expected to move in by Christmas 2023
Rangiora’s newest and largest housing development is expected to welcome its first residents by Christmas 2023.
Mike Flutey, Mike Greer Homes North Canterbury director, said site development is now ongoing, but the work to build the new homes in the Bellgrove subdivision will commence by mid-2023.
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The 100-hectare development, with up to 1,300 sections, will feature a wide range of house and land packages – from two-storey townhouses to high-density and medium-density and large sections, Stuff reported.
Stage one is already out on the market, with 60 of its nearly 200 sections already sold.
“We will have options for first-home buyers and downsizers and some big family homes,” Flutey said. “We should be able to provide options under $600,000. I think all our price increases have probably settled.”
Stage one has a provision for a community shopping and commercial centre and a pre-school, which would be surrounded by the higher-density sections.
The later stages will feature recreation reserves as well as walkways and cycleways.
There would be standalone sections ranging from 330sqm, with some large sections expected to be more than 1,100sqm, and higher density sections, which would include duplex and multi-storey units, from around 200sqm, Stuff reported.
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For a $595,000 to $600,000 price tag, one could buy a 200sqm section with a two-bedroom, one-bathroom house and garage, Flutey said. While $650,000 could buy a three-bedroom house with a double garage.
Large three- to four-bedroom family homes will sell for about $850,000 with “views out to Mt Grey,” Flutey said.
Last month, the development was given a $5.7 million fund for transport and three waters projects by Kāinga Ora’s Infrastructure Acceleration Fund, which was subject to providing affordable housing under the $750,000 price cap for new homes in the Greater Christchurch area.
In line with the funding application, 40% of house and land packages were expected to be under $750,000, Flutey said.
Flutey and Paul McGowan, Bellgrove Rangiora project manager and director, along with Waimakariri Mayor Dan Gordon and councillors, and MP Matt Doocey officially broke ground on Thursday.
“This is a significant milestone,” McGowan told Stuff. “We are pretty happy to be finally under way after two-and-a-half years of planning.”
