Published on 21/07/2023
By Amanda Morrall
A dawn blessing was recently to celebrate the opening of Oranga, Simplicity Living’s second build-to-rent development.
Oranga is a 48 apartment complex, with 1-3 bedrooms, in Onehunga, Auckland.
Oranga’s Studio, 1, 2 and 3 bedroom apartments will be available to occupy from late July 2023 - register your interest now at simplicityliving.kiwi
Simplicity Living’s first Build-To-Rent complex, Kupenga, opened in April this year in Point England, Auckland. The 69-unit complex is already home to 150 people, 20% of whom took up the optional 10-year rental terms, with good value rents fixed for two years and increases after that linked at or below inflation.
Rentals in this complex range from $415 for a studio up to $735 for a three bedroom. As new apartments, and larger than average, they represent very good value for money in the current rental market.
Simplicity Managing Director Sam Stubbs said he was delighted to see Simplicity Living's vision for high quality, affordable housing take shape so quickly, and to see what a difference it is making in peoples’ lives.
“Their tenants tell us how much more affordable and comfortable these units are, and knowing they have housing security is a game changer for quality of life.”
Simplicity Living’s ambition is to build 10,000 affordable, quality homes over the next 10 years.
Simplicity Living’s third residence, the Range View Road apartments in Owairaka/Mount Albert, is already under construction, and due for completion in 2024.
The 51 Range View Road apartments will be available for long-term renting and follow our model of larger-than-normal apartments, with HomeStar 6 levels of build quality and energy efficiency.
"It’s relatively simple. The long-term solution to our housing crisis is to build a lot more warm, dry, high-quality homes in great locations and with good value rents,” said Simplicity Living’s Managing Director, Shane Brealey.
“And Build to Rent homes can provide very reliable returns over the long term. Just ask the thousands of Kiwis who already own rental properties.”
Environmental considerations for Simplicity Living residences include using lower carbon concrete, efficient water and power use fittings, rainwater harvesting, high performance solar double glazing, e-car charging units and some 3,000 native plants throughout the landscaping.
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