$1bn Te Awa Lakes Development takes another step forward

Agreements have been made with Affco and Fonterra who were previously appealing to council over the planned development. With these two parties now placated the developer Perry Group will apply for resource consent with a view to breaking ground mid-2021.

The Te Awa Lakes development will create 860 medium-density homes on a 62ha site to the north of Hamilton. The project’s website says that it will “transform this northern gateway into a vibrant community hub and tourism destination through a mix of high quality medium density residential housing, river links, tourism activities and adventure park.”

More information can be found on the Te Awa Lakes website here.

Oliver Pearson

Manager and Property Investor for 20+ years

Oliver Pearson

Manager and Property Investor for 20+ years

Oliver Pearson began investing in property aged 21 and has since bought, developed and sold real estate in the UK, USA, South East Asia and New Zealand. After a career in banking he is now on the management team at Waikato Real Estate and has contributed to property articles for NZ Herald, Stuff and Property Investor Magazine.

Based in Raglan, Oliver's passions extend beyond property to surfing, hydrofoiling, and providing a taxi service for his children.