Feverish property sales shock builder

Classic Builders co-director, Matthew Lagerberg, says he is astonished at the speed people have snapped up the first 43 lots of this two-stage subdivision.

“This extremely fast-paced buying is unprecedented. We didn’t even advertise this subdivision due to such a high number of people enquiring through word of mouth that we are developing out that way. There’s huge demand right now and I don’t see it slowing down any time soon, providing the economy stays the way it is,” says Lagerberg.

The Hastings Heights subdivision is an extension to the Lakes subdivision and is being developed by Classic Developments, a sister-entity of Classic Builders.

Resource consent is only just through with earthworks due to start in early September. The earthworks contract was recently awarded to McPhersons Contractors Ltd, based in Matamata.

“McPhersons Contractors are very experienced in earthworks. Initially, they will start clearing the whole subdivision – all 92 lots – as well as carry out silt control, and installing health and safety signage and protective mesh fencing along the boundaries. There is an existing dwelling that will be removed in early September. Civil works are due to start on Stage one in February 2016,” says Lagerberg.

Classic Builders is one of several building companies preparing to build house and land packages, which will be released to the market in the coming weeks.

“At this point, we may have to release Stage Two sooner than expected. Stage Two consists of 49 lots ranging from 500m2 to just over 1,000m2, which are slightly larger sections than Stage One,” he says. For info contact register@classicdevelopments co.nz

Eventually Tauranga City Council will close Hastings Road access from State Highway 29, as per the Council Urban Growth Structure Plan SP13 and Hastings Road will be upgraded starting early July 2016.

To acknowledge the special history of the area and various people involved to date, a dawn blessing was held on Friday 4 September at the highest point of Hastings Heights with representatives from Ngai Tamarawaho, Classic Group, Tauranga City Council, Lysaght Consultants and MacPhersons Contractors.