From hol­i­day park to hous­ing

Cambridge Edition - - OUT & ABOUT - CATHER­INE HAR­RIS

Con­struc­tion is due to start on what was once a hol­i­day park but will soon to be­come a $50 mil­lion hous­ing de­vel­op­ment in Mt Maun­ganui.

Salt, in Gir­ven Rd will in­clude 52 apart­ments, 19 town­houses, a cafe, child­care cen­tre and shared green spa­ces. It is be­ing de­vel­oped by SNG In­vest­ments Num­ber Two, run by Paul Spil­lane and Peter Gille­spie, who re­cently com­pleted the 850 Cameron Rd com­plex in Tau­ranga.

Col­liers na­tional di­rec­tor of res­i­den­tial projects Pete Evans said 60 of the 71 dwellings had been sold off the plans. The project is be­ing built on the for­mer Golden Grove Hol­i­day Park which be­came a spe­cial hous­ing area last year.

SNG spokesman Paul Spil­lane said it was due to be fin­ished by Novem­ber next year.

‘‘It’s great to see one of the biggest con­struc­tion projects in the Bay of Plenty un­der­way.’’

Col­liers Tau­ranga agent Grant White said the buy­ers had largely been owner-oc­cu­piers, many from Auck­land and oth­ers from the Waikato and Bay of Plenty re­gions.

‘‘Most buy­ers in­tend to live in their new dwellings or use them as lock-and-leave hol­i­day homes.’’

Height lev­els will be lim­ited to three storeys for apart­ment build- ings and two for the town­houses. Prices will range from $440,000 for a one-bed­room apart­ment to $1 mil­lion for a three-bed­room town­house.

SUPPLIED

ABOVE: Units range from onebed­room apart­ments to three­bed­room town­houses

LEFT: Salt, a new 71-unit hous­ing de­vel­op­ment in Mt Maun­ganui.

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