First KiwiBuild homes for central Wellington
The first KiwiBuild homes for central Wellington are on the way following an agreement with The Wellington Company to build a new apartment building in Mount Cook, Housing and Urban Development Minister Phil Twyford has announced.
The Wellington Company, founded by local developer Ian Cassels, will build a new six-storey apartment block in King Street containing 44 two-bedroom KiwiBuild units which will be completed by 2020. They will cost between $450,000 and $500,000.
As part of the same agreement, The Wellington Company will also repurpose a building and laneway on High Street in Lower Hutt. That site will have 20 apartments made up of one one-bedroom, 15 two-bedroom and four three-bedroom homes. They will cost between $390,000 and $500,000.