Community Housing
Christchurch
Project details
Loan type
Development
Property type
1 and 2-bedroom townhouse units spread over four blocks, plus carparking and communal areas
Loan size
$5-10m
Term
18 months
Loan to Value Ratio
70%
Pre Sale Ratio
N/A (Long Term Hold)
Property size
17 units ranging from 49sqm to 80sqm
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Creating a space to call home for those less fortunate
The provision of safe, warm, healthy community housing has been a huge focus of central and local government. This project resulted in 17 brand new quality units being delivered in a suburban Christchurch location handy to local amenities and transport.
Our client had a background in delivering community-focused education and self-improvement programs, and their project managers had vast experience in delivering social housing – making them the ideal team to deliver a project of this nature. Unique design concepts have helped produce a development that leaves a positive impression when viewing from the street.
Killarney Capital is proud to have supported this project – knowing that 17 families will ultimately be better off as a result.