Go-ahead for Kaiapoi land-John Hayson

Posted in the Top Stories Forum

Since: Apr 13

France

#1 Apr 28, 2013
A stroke of an official pen has released more than 1000 new sections for sale on the western side of Kaiapoi.

In a town which was already short of new land before the earthquakes, the new sections will provide another option for the residents of 860 homes red-zoned in Kaiapoi and 497 more in Pines Beach, Kairaki and Brooklands.

The sections are in three subdivisions caught up in wrangling over Christchurch Airport's noise contour zone - the new Silverstream Estates and Ruby Views, and the existing Sovereign Palms.

Wary of noise complaints from residents affecting business, Christchurch Airport had managed to get new housing banned where aircraft noise was loudest. This wedge-shaped zone followed the flight path for about 16 km north-west out of the airport, taking in a chunk of Kaiapoi.

Land developers had lobbied against the restriction, but the earthquakes and the red-zoning of North Canterbury homes was the turning point.

Commissioners appointed by the Waimakariri District Council approved land in Silverstream Estates for rezoning, but said it would have to wait until land further east had been used.

But last month the Government stepped in, using its special earthquake powers to approve the affected land in all three subdivisions to be developed for housing now.

Promising a mixture of terraced homes, family sections, parks and walkways, Silverstream Estates will be the biggest with 1180 home sites, of which 550 sites are going on sale now.

The developers behind the project are Fred Rahme and John Hayson of Sydney-based H Investments, who also completed the Styx Mill Country Club subdivision at Northwood in Christchurch and are developing Gateway Estates subdivision in Darfield.

H Investments bought the 60-hectare Belfast block in 2006. It is bordered by Giles, Island and Butchers Roads just west of State Highway One, and the Kaiapoi River runs through the site. Project managers will be Maxim Projects.

Like most of Christchurch's recent major subdivisions, it will have homes ranging from terraced apartments to family-sized houses, and both sections and house-and-land packages will be for sale. There will be reserves, playgrounds, and walking and cycle tracks.

Last month's Government decision will also see developer Suburban Estates release another block of sections for sale in its existing subdivision. Sovereign Palms is on Williams St north of the town and opposite the Kaiapoi golf course.

Six stages of sections have already been sold at Sovereign Palms, and in September a release of 34 sections was snapped up quickly at prices around $157,000.

Prices in the 1A and 1B stages mostly ranged from $160,000 to $180,000, with sizes mostly from 500 sq m to 800 sq m, and the developer says a further 280 held up by the noise contour will now be created.

Also under way soon will be the first stage of the Ruby Views development, which will include sections and retirement units.

Ruby Views is a subdivision planned on 52 hectares on Beach and Ferry roads on the north-western edge of Kaiapoi. Its developers are Ruby Views, a company connected to accountancy and business consultancy Duns, who say marketing for the first two stages could start early next year.
The project has been five years in the consenting process so far.
The subdivision will contain 750 sections, in sizes of 500, 600 and 700 square metres, of which 170 sections and 75 retirement units will be in the first stage released.

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