When Bruce & Anne Clegg moved from Wellington to Auckland in 1968, they launched their Draw Art Supplies business from their new home. When it grew, they bought a warehouse nearby on Beachcroft Avenue, across the road from the Onehunga Bay Reserve & lagoon.
Over the years they kept buying, building up a portfolio of 5 adjoining properties. Now that land is being turned over to an apartment development, Beachcroft Residences, and last night the Cleggs celebrated its launch.
They’d looked at apartment development on the site before, when intensive development was less fashionable, and got consent for a block of 12. It took 7 years to get resource consent, Mr Clegg commented.
This time, their project was in the second of Auckland Council’s special housing areas, on a block running through to George Terrace earmarked for development in December 2013, and this time it took less than a year to get consent.
Their development in partnership with Rodger Shepherd, Beachcroft Residences, will have 88 apartments in 3 linked 6-storey blocks around a central courtyard. 9 of the units will be in the affordable category. There will also be 3 retail spaces, including a café.
The one-bedroom affordable apartments have a price tag less than 75% of the median Auckland house price and range in price from $595-620,000, offering living spaces of 63-124m², including the deck. Other units are in a range of 1-3 bedroom, some with studies, and are priced between $695,000-1.3 million.
The development is being marketed by Bayleys Real Estate.
Image above: Bruce & Anne Clegg with the model of their Beachcroft Residences apartment development at the launch last night.
Attribution: Launch, agency release.