Sales Information - Palmerston North City Council

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Sales Information - Palmerston North City Council
Sales
Information
Sales Information - Palmerston North City Council
Nau mai,
haere mai.
Welcome.
Sales Information - Palmerston North City Council
Palmy — A City of Opportunities
  There are a number of major              Other major employment sectors
  employment sectors in Palmerston         include government agencies,
  North including logistics and freight,   healthcare, IT, and manufacturing,
  agribusiness, food innovation and        customer contact centres and more.
  research, and a business support hub.    Manawatū is also home to a large
                                           number of defence personnel, with
  The city is home to leading tertiary     Ohakea Air Base, Linton Military Camp,
  education providers like Massey          and NZ Defence College located here.
  University, UCOL and IPU New
  Zealand, as well as a number of crown    There are also a number of technology,
  and commercial research facilities,      agritech, manufacturing and rural
  including AgResearch, Plant and Food     servicing firms based in Manawatū,
  Research, and the Fonterra Research      alongside small and medium sized
  and Development Centre. Palmerston       business and self employed residents,
  North has the most PhD’s when            who make up an important part of the
  compared proportionally to other         region’s workforce.
  regions in New Zealand. This means
  a high concentration of scientists and   The relatively diversified nature of
  researchers with over 2,400 working      Palmerston North’s economy, along
  here in Manawatū.                        with its strong consumer base and low
                                           level of reliance on the tourism sector,
There are a number of                      place the city in a favourable position
major employment sectors                   for further recovery and growth.
in Palmerston North.
Sales Information - Palmerston North City Council
Palmy offers the
Palmerston North (Palmy) is the
                                             sophistication and diversity
heart of the Manawatū region. We are
a growing city with a lot to offer, and
                                             of a major city, with the
we’re ambitious about where we’re            freedom and space of a
going. People who choose to call Palmy       provincial centre.
home are enriched by an enlivened
economy and enjoy the pleasures of        A year-round calendar of events

living in a centre of excellence.         keeps the city alive and humming,
                                          from motorsport mayhem, to urban
Palmy’s attractive city centre            festivals of creativity, culture and
surrounds Te Marae o Hine – The           music, through to national sporting
Square, a picturesque seven hectare       events that bring the streets alive
park in the middle of the city.           with their colour and sounds.
On the fringes of this beautiful green    Our diverse arts and theatre scene
expanse are a vast array of cafés and     also offers something for everyone.
restaurants.
                                          A bustling city, with a relaxed
The Plaza and Downtown shopping           atmosphere, Palmy offers the
centres, and locally owned boutique       sophistication and diversity of a
shops on Coleman Mall and George          major city, yet with the freedom and
Street meet everyone’s shopping           space of a provincial centre. The
needs, while the library, the Living      community is diverse but close-knit,
Room of the City, looks out over          where newcomers are warmly
Te Marae o Hine – The Square and          welcomed.
provides a quiet sanctuary for all.
Sales Information - Palmerston North City Council
Area Demographics
 As a university city, Palmerston North has an ideal profile of
 casual and part-time work force seeking flexible working hours.
 Demographic projections indicate long-range population growth.

                                                  P O PUL ATI O N

                  City                               Region                                     Within 1 hr
            91,100 254,300 326,000

            34.2                                     130                                               18.7%
            MEDIAN AGE                               C ULTURES                                 IDENTIF Y AS MĀORI

        N ew Zealand average                 20% of the city’s                                      versus 16.5% in
        is 37.3 years (Nation’s           population born overseas                                New Zealand overall
         fourth youngest city)

                    PALMERSTO N N O RTH PO PUL ATI O N PRO JECTI O N S

1 2 0,000

1 1 0,000

1 00,000

 90,000

 8 0,000
                20 1 8            20 23                   20 28                     20 33               20 38           20 4 3
                                  Source: Infometrics for Palmerston North City Council (March 2020)
Sales Information - Palmerston North City Council
Tamakuku Terrace
 Tamakuku Terrace was named in             A new community just a short journey
 collaboration with our local Iwi,         to the east of Palmerston North’s
 Rangitāne. Tamakuku is the chief who      CBD, aims to provide new housing
 Whatonga (from whom Rangitāne             stock with 114 residential sections.
 trace their descent) met when he
 arrived in the Manawatū.                  The sections vary in size to allow
                                           for a mix of housing stock and buyer
 Unprecedented growth in Palmerston        demographics, and the layout has
 North has resulted in a shortage of new   been designed to foster a sense of
 housing and increased property prices.    community around a central open
                                           space and water catchment feature
                                           within the site.
Sales Information - Palmerston North City Council
Just a short journey from
Palmerston North CBD
Tamakuku Terrace, Whakarongo is all about fostering
a sense of community - and we’re keen to see you be
involved in this from the ground up.

  Tamakuku Terrace offers an           It’s certain to be popular with those
  opportunity to build a community     looking for an easy commute, a short
  of quality homes with views of the   drive to local amenities including
  Tararua and Ruahine Ranges and       supermarket and suburban shops
  open spaces.                         and within walking distance of the
                                       well regarded Whakarongo and
                                       Cornerstone Schools.
Sales Information - Palmerston North City Council
Subdivision Plan
                                                                                                                                            34
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P LEAS E N OT E                                                                                                            32
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Boundary lines indicative only.                                                                        30
Areas and dimensions subject to survey.                                                      29
                                                                                      28                                            97
                                                                             27
                                                                   26                                                          98      96
                                                             25                                                       99                   95
                                                     24                                                      100
                                                                                                       101                                  114
                                                                           102                                                        113
                                                          23 STANDARD
                                                                   104TERMS
                                                                       103                                                      112
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                                                                                      105                        110
                                                             22                                            109
                                                                                       106           108
                                                                  21                        107
                                                                       20

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                                                                                             16
                                                                                                  15
                                                                                                       14

                                           Stage 1
                                                                                                           13

                                                                                                                12

                                                  79 LOT S                                                           11

                                                                                                        9                 10
                                                                                                 8
                                                                                        7
                                                                                  6
                                                                            5
                                                                   4
                                                             3
                                                    1
                                          JA
                                          ME

                                                        2
                                           SL
                                              N
Sales Information - Palmerston North City Council
42
                                                        41
                                               40
                                     39                                43
                               38

           36
                     37

                                                    85
                                                                            44
                                                                             45                                                                 N
     35                                                                          46

                          88
                                    87
                                              86

                                                   82
                                                        84
                                                             83                                            Stage 2
                89                       81                                            47                       3 5 LOT S
          90
91                             80                                                          48
                     79                                                73
92                                                                                           49
               94                                                       72
      93                                                      74                                 50
                                                        75                  71
                                               76                            70                       51
                                         77                            69
                                                                  68
                               78                                                           52
                                                             67
                                                    66                                53
                               63
                                               65                                54
                               62         64
                                                                        55
                               61
                                                              56
                                                        57
                               60             58
                                                                                                 STANDARD T ERM S

                               59                                                                     •    A deposit of 10% of the purchase
                                                                                                           price is required upon signing.

                                                                                                      •    All deposits will be held in our
                                                                                                           solicitor’s trust account. The
                                                                                                           balance of the purchase price is
                                                                                                           required 10 working days after
                                                                                                           issue of title.

                                                                                                      •    Once ownership of title is taken,
                                                                                                           the purchaser will be responsible
                                                                                                           for the payment of relevant rates.
                                                                                                           There will be no outstanding
                                                                                                           charges or rates on the property
                                                                                                           once titles are issued.
Sales Information - Palmerston North City Council
Timelines
Construction is to commence in January 2021 with the site
works expected to be completed in December 2021.

   Once construction is completed                Once titles are issued and the
   and all the necessary approvals,              design approval process has been
   compliance and certification are              completed, purchasers can then
   confirmed, titles can then be issued          lodge building consents with council
   for the new lots. We expect titles to         for approval.
   be issued in early 2022.

                                           CI V I L
       E ARTHWO RKS                C ON STRUCTI O N                    TI TL ES
        CO MMEN C E                   CO M M EN CES                  AVA I L A B L E

         Jan                          Mar                           Early
          2021                          2021                          2022
                        PRIC IN G IS AVA I L A B L E O N REQ UEST
Design
Community has been the focus of the subdivision design,
and there are sections of various sizes to accommodate
housing to suit people at various stages of life.

   Design guidelines and associated       Every home and its landscape and
   land covenants have been created       layout will require approval from
   to ensure quality and attractive       the developer prior to submission
   housing form that is sympathetic to    of building consent plans to council.
   the environment, while maintaining     The approval process is simple and is
   the feeling of friendly open space     required to ensure all housing design
   and landscaping that matches the       is of good quality and represents
   extensive native planting throughout   standard best practice in design and
   the development.                       is a cohesive extension of design
                                          at Tamakuku Terrace. We do allow
   The design guidelines are              exemptions if it achieves a good
   specifically in place to encourage     quality outcome.
   good design outcomes through;
                                          Once a section is sold, the design
   •   Site layout
                                          approval process can begin. This
   •   Architecture
                                          can happen in parallel to subdivision
   •   Landscaping                        construction to ensure purchasers

   •   Entrances and egress               are ready to lodge building consent
                                          with council when titles are issued.
Contact
   Palmerston North City Council
           06 356 8199
      marketing@pncc.govt.nz

         tamakukuterrace.nz

A quality development by and for the city
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