More than 300 affordable Build to Rent homes will be going into Remuera as Simplicity Living announces its expansion into the prestigious suburb.

Simplicity Living (which is owned by Simplicity's diversified KiwiSaver and Investment Funds) has purchased 1.4 hectares of land from Ellerslie Racecourse for one of its next development projects.

Simplicity Living will build 330 new rental homes on the site, which is close to Greenlane train station, a supermarket, shops and offices, and the medical hub around the Mercy Ascot hospital.

For more on this exciting new development and the benefits this will bring to Simplicity KiwiSaver and Investment Fund members, check out the Stuff article here.