Developer signs deals for 245 new homes at Hobsonville Point

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AVJennings, development partner to Hobsonville Land Company, has signed new deals to complete a further 245 homes in the fast-growing Buckley Precinct — Hobsonville Point’s first stage.
 

The latest deals are part of a land release of 245 lots covering Buckley Precinct’s next stage which has already commenced, and is to be completed by July 2014.
 

The deals were signed with local builders GJ Gardner Homes, Classic Builders and Jalcon Homes, each of whom have already built homes in the community.
 AVJennings project director Rod Chadwick says in keeping with the overall vision for the new Auckland housing development, the new homes will provide a variety of dwelling styles.
“Hobsonville Point has been carefully planned to cater for a variety of life stages. These 245 new homes in the Buckley Precinct will be a mix of garden apartments, townhouses, terraces, courtyards and villas, and range in price from $395,000 for a compact garden apartment to $900,000 for a large traditional villa.”
AVJennings has committed to delivering a total of 715 homes in Buckley Precinct. It has completed 132 so far, with a further 146 currently under construction.
 

Mr Chadwick says the latest deals reflect the successful development model AVJennings is employing at Hobsonville Point.
“As with all our developments across Australia, and here at Hobsonville Point, not compromising on quality and getting the balance right between the house size and the price is crucial,” Mr Chadwick says.
“The bottom line for us is that the quality of your new home and the community environment is not compromised, no matter what the price is.
“We’ve made sure that everyone who chooses to come and live at Hobsonville Point is getting a warm and efficient home with a high build quality, and that’s why we only partner with the best builders.
“For these reasons, Buckley Precinct at Hobsonville Point is currently AVJennings’ fastest-moving development Australasia-wide.”

Hobsonville Point progress points (excluding retirement village figures):
 Forecast dwelling starts: 2013: 254 2014: 238
 Forecast dwelling finishes: 2013: 105 2014: 272
 Total dwellings finished to date: 132
 

Number of residents to date: 396 (averaging three per house)
 Proportion of affordable homes (below $485,000): 25%
 Total dwellings to be built in Buckley Precinct: 715
 Total dwellings to be built at Hobsonville Point: 3000