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KiwiBuild backs Kōtuitui in downtown Manukau

Kotuitui new KiwiBuild project in downtown Manukau

KiwiBuild is backing Kōtuitui to provide high-quality affordable homes in the heart of downtown Manukau.

The development comprises a total of 61 two- and three-bedroom terrace homes just 500m from the Manukau transport centre that are priced from $590,000 for eligible KiwiBuild buyers.

The development is being brought to life by developer Avant Group in partnership with local Mana Whenua iwi Te Ākitai Waiohua.

Kōtuitui is setting a new standard for affordable homes with design by world-renowned architect Ken Crosson, who has twice been recognized as designing one of the best houses in the world according to World Architecture News. 

Since its launch in November 2019, 88 per cent of Kōtuitui’s 25 open-market homes have been sold unconditionally, showing the market appeal for the product. 

Of the remaining homes, 36 have been reserved for KiwiBuild, providing a fantastic opportunity for first home buyers and second chancers to purchase. 

Of their involvement with the project, KiwiBuild says:

“KiwiBuild works to make more new homes available to more New Zealanders.

“We are increasing the supply of homes to New Zealanders by working closely with property developers such as Avant Group. 

“KiwiBuild helps the construction process along by underwriting a portion of the homes. This allows houses to be built sooner in areas where we believe there is need, such as Kōtuitui in Manukau.

“When a developer is supported by the KiwiBuild programme, they are required to offer a portion of the homes to eligible KiwiBuild buyers first. KiwiBuild homes are designed for a variety of New Zealanders at different stages in life. To remain within reach of new home-buyers, each KiwiBuild home must be sold under the price-cap. 

“At Kōtuitui, 2-bedroom homes will be sold from $590,000, while 3-bedrooms start at $640,000.”

National Director of Residential Projects at Colliers International is an advocate for KiwiBuild, praising the policy for its ability to accelerate the construction and sale of affordable homes. 

“The KiwiBuild developer-underwrite allows projects to go ahead at a time when privately funded development is difficult due to high land and construction costs.

“It also enables new development at price points that first home buyers and second chancers can realistically afford.

 “The really fantastic thing about Kōtuitui for these buyers is the high quality of both the design and construction, as well as the location with proximity to amenity and transport links.

“While the focus of much of the affordable stock has been on efficiency, Crosson believes that everyone is entitled to quality housing, which drew him to designing these homes.

“The sawtooth roof design allows internal space to be maximised and provides a distinct differentiation between the homes. 

“Timeless materials such as brick cladding have been purposefully selected for low-maintenance, sustainability that will stand the test of time.”

Evans says the Government’s support of the project also demonstrates the commitment to grow Manukau as a regional centre.

“We chose Manukau as the number one place in our prediction of the ten best places to purchase in 2020.

“The areas were selected based on improvements underway that will continue to make the areas more desirable and lead to greater capital gain potential in the future.

“Manukau epitomises this with Panuku Auckland’s Transform Manukau project devoting significant investment to transform over 600ha of land in Manukau Central and Wiri.

“Manukau will not only be a fantastic place to live for people from all walks and stages of life, astute buyers should always look to purchase where intrastate improvements are planned or underway.”

The purchase price includes a full whiteware package, landscaping with established trees and grass and car parking. 

Evans says having all the “extras” included in the purchase price is particularly attractive.

“Buyers usually stretch themselves financially to secure a property and then aren’t able to afford the lifestyle items that create real enjoyment of the home.

“These are often overlooked, but at Kōtuitui they can be financed through a mortgage over your home rather than being an additional cost when purchasers can least afford it - at move in time.

“Being able to supply first home buyers with a washing machine, dryer, fridge, heating and landscaping within the already affordable price points is very satisfying.”

Related Experts

Pete Evans

National Director

Auckland CBD

Pete specialises in residential property development and project marketing. Pete is focused on leading the growth and development of the national residential business line through providing diverse and integrated residential property services, enhancing project design and mix to identified target markets, client engagement strategies, branding and positioning, project sales specialist to sell-out projects, fostering and maintaining service excellence. 

View expert

Karishma Singh

Project Sales Consultant

Auckland CBD

Karishma is a hardworking, ambitious and determined young professional. Her experience comes primarily from a business background, which includes a Bachelor’s Degree and Graduate Diploma, as well as 3 years working as a management accountant both in NZ and overseas.

Karishma joined Colliers in 2016 initially as a Trainee Sales Consultant, which gave her a solid understanding of project marketing.

Since becoming a licensed agent, Karishma has been a Project Sales Consultant at Fabric, where she achieved the highest sales rate in two weeks and was promoted to the lead in 2017.

An accounting background helps Karishma to break down the numbers and the return on investment for prospects and she relates particularly well to the young professional and first home buyer.

View expert