Progress for our Takapuna BTR project
Location: Takapuna, Auckland
McConnell Property is incredibly excited to announce a key milestone has been reached in their innovative, new rental experience located in Takapuna. On 18 September this year, resource consent was granted to McConnell Property for the project.
The next step is to advance design so the first building consents can be lodged in late 2024.
Consisting of 350 new rental apartments, this is the first of a planned portfolio of Build-to-Rent developments by the McConnell Property and Cedar Pacific Consortium. Working in partnership with Eke Panuku, we will deliver a world-class Build-to-Rent project with Greenstar 5 and Homestar 6 sustainability ratings.
Build-to-rent gives Kiwis secure, long-term rental accommodation with shared amenities that focused a community environment. The accommodation is owned by investors and will be professionally managed. This style of living will appeal to a wide range of people, from first-time renters to those looking for an alternative to retirement village living.