Kerepeti is taking shape over two sites on Hobsonville Point Road just a few steps from Hobsonville Point’s two schools. Swap the school run for hugging the kids and nudging them out the front door in the mornings! Ngāi Tahu Property has teamed up with the NZ Super Fund and New Ground Capital to deliver 208 homes across two neighbourhoods, Uku and Kerewhenua.
Kerepeti means ‘pliable clay’ in Maori and the neighbourhoods are named after the pure white (Uku) and yellow (Kerewhenua) clays of the peninsula. The names also pay homage to the ceramic and brickworks yards that use to line Hobsonville’s foreshore in the 1800’s.
Kerepeti offers a variety of terraced houses, apartments and walk-up apartments in one to four-bedroom options at prices ranging from $645,000 to $1.3 million. Thirty-four apartments and walk-ups will be available through the Axis Series affordable home ballot for first home buyers.
We’re excited about the 47 homes being built for use as long term rentals. The properties will be owned and managed by New Ground Living. They’ll offer lease terms of up to seven years to give tenants stability while still being able to shorten their lease if their circumstances change.
Kerepeti’s first terraced homes are close to completion on writing, and both neighbourhoods are expected to be fully developed by the end of 2019. Plans and prices are available at the display suite on the corner of Hobsonville Point Road and Glidepath Road – open 10am to 4pm daily. See www.kerepeti.co.nz.