The first release of KiwiBuild apartments available to purchase in new Northcote development Elevation is immediately proving popular.
Bayleys agent Amy Kitto says: “We’re already seeing what a resounding success these KiwiBuild apartments are going to be. Elevation’s first 21 two-bedroom KiwiBuild apartments were only released for sale on September 20 and within a few hours we were already signing up new and excited buyers.
“There’s keen interest from first-home buyers wanting to get on the property ladder, both singles and couples.
“The feedback simply showcases how unusual it is to find KiwiBuild apartments of this size, with these great specification and facilities and this proximity to the city for these price points.
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“People value this location, so close to town, as they don’t want huge petrol bills or long commutes compromising their work-life balance. It’s quicker to get to the CBD from Northcote than from Takapuna and there’s good public transport from here.
“We’ve sold to buyers who’ve been searching for a year for the right place.”
The website kiwibuild.govt.nz explains KiwiBuild’s eligibility criteria, including income limits.
Elevation’s two-bedroom KiwiBuild apartments start at $604,000 for 58sqm apartments with 8.5sqm to 25sqm balconies or patios. The $675,000 KiwiBuild apartments are 70sqm with 8.4sqm balconies and the $750,000 KiwiBuild apartments are 78sqm with 8.4sqm to 30sqm balconies or patios.
There are great communal facilities, including roof-top terraces in each building. Photo / Supplied
This new 183-apartment development by TLC Developments currently under construction on Lake Road, Northcote, consists of two side-by-side buildings and uniquely utilises modular construction.
Its buildings, Onewa and Onepoto, take their names from nearby reserves they are situated between. It will offer a mixture of KiwiBuild apartments and normal market apartments of one, two and three bedrooms, also available to purchase now.
Kitto says: “I believe the value for money here, what you’re getting for the price you’re paying, is second to none. All the extra details help make Elevation special.
“These KiwiBuild apartments’ interiors come with drapes, Thermoskirt safe-to-touch heated skirting boards in their open-plan living-dining-kitchens, engineered stone kitchen benchtops and the luxury of fully tiled bathrooms with underfloor heating.
“They also come with a free combo washer-dryer for the laundry. The 2.5-metre ceiling height really makes a difference as apartments with lower ceilings can feel a bit closed in.
“As a former apartment-dweller myself I get excited about their storage which includes ample kitchen storage, linen cupboard-type storage and another LED backlit storage space combining shelves and cupboards.
“Wardrobes are full height with sensor LED lighting so you’ll never lose one shoe at the back of your wardrobe again.”
The KiwiBuild apartments come with drapes, Thermoskirt safe-to-touch heated skirting boards in the open-plan space, engineered stone kitchen benchtops and fully tiled bathrooms with underfloor heating. Photo / Supplied
The targeted completion date for all apartments within Onepoto, including the KiwiBuild residences, is autumn 2024 and will have a Home Star 6 rating. Photo / Supplied
KiwiBuild buyers can choose to purchase a secure basement car park for $55,000, with an optional over-bonnet storage unit for $7500.
“There are also great communal facilities here, including roof-top terraces in each building. Both buildings have a communal residents’ lounge which can be used for relaxation, working from home or be reserved for events such as family get-togethers, movie nights or book clubs.
“Onepoto’s lounge neighbours the building’s café.
“This release of KiwiBuild apartments are located on various levels from ground to the fourth floor in the Onepoto building. They’re typically north-east or south-east facing, getting beautiful morning sun.”
Some apartments get views. Kitto recently admired Rangitoto and the Sky Tower from one of the roof-top terraces.
“Also, Northcote is a rejuvenating suburb with plans to re-generate its town centre and create a new greenway connecting its community.”
The development will be rated Home Star 6 as a measure of its operating efficiency. The targeted completion date for all apartments within Onepoto, including these KiwiBuild residences, is autumn 2024.
The display suite at 445 Lake Road is open 10am-12pm Saturday and Sunday; 5.30pm-6pm Wednesday or by appointment. Visit elevation-northcote.co.nz.
- Sponsored by Bayleys
