We believe all New Zealanders should have the choice to rent a quality home over the long term. And they can be a good investment too.

So we founded Simplicity Living, with the aim of building and operating 10,000 quality rental homes across New Zealand.

And today Simplicity Living is announcing its biggest project yet - Te Reiputa - with 297 new one and two-bedroom apartments in Mt Wellington, Auckland.

The site is a six-minute walk to a train station and within walking distance of shops and schools.  It's designed for a quality living experience, with apartments larger than normal, and 8,000 sq meters of gardens.

It will have 222 car parks, 297 bike parks, electric car charging, rainwater harvesting, and a solar farm on the roof. And because community matters, there will be a roof terrace and pavilion available for use by all tenants.

Investment in Simplicity Living is how we can make members money and meaningfully increase our housing supply over the long term. And it's very common overseas for pension and investment funds to invest this way.

Find out more about Simplicity Living here.