Business Central December 2024

22 | PROPERTY SAM Property Oakview caters to the middle of the market The Oakview development, less than ten minutes from the city centre. T T Hugh de Lacy Oakview is the first neighbourhood residential development in Gisborne for at least a decade, and its proposed 200 sections have been welcomed onto an otherwise tight market, SAM Property Development Manager Lennon Wiltshire says. The Oakview development, less than ten minutes from the city centre, put its first 76 sections on the market in early 2021, and by the end of that same year more than 50 had been sold. With the Covid slow-down behind it, Oakview is ready again to continue its offering to the local market with the first stages of the sub-division now well established and around 20 homes completed. Named after an 80-year-old oak tree planted by Gisborne farmer Campbell Parkinson in the late 1930s when he took up a grazing lease on the land, Oakview is pitched at the family-oriented middle of the market, with section prices starting at $339,000. The sections range in size from around 450m2 to almost 1000m2 and are all on flat, ready-to-build sites. Real estate firm Ray White is marketing the sections and has a sales office on the site. There are covenants relating to the likes of house design, and all designs require the prior approval of the developer. Open green spaces, gardens and shared walkways highlight the family orientation, with the old oak tree remaining a defining feature. SAM Property is an Auckland-based property development company that has evolved over a couple of decades and was formerly known as Silverdale Asset Management. Gisborne-based engineering consultancy Civil Project Solutions (CPS) project-managed the development of Oakview along with handling all surveying requirements and some planning support. Aspire consulting engineers covered all the civil design and contractual administration requirements of the project. The construction of the Oakview development has involved a big range of contractors in different capacities, but they have all been directed by the head contractor, Eerthworks Solutions, which is a locally-based earthworks and civil construction contractor. Few section buyers would be aware of it, but the stormwater drainage system at Oakview was something of a minor revolution with the originally planned concrete pipes replaced by high density polythene plastic pipe. This was at the behest of Earthworks Solutions manager Matt Mead, in consultation with Aspire and Civil Project Solutions, who has a reputation for innovation arising from his early uptake of GPS equipment and drones for his earthmoving business. “The Oakview project is on a large scale, so it offered an opportunity to make cost savings if we could find an alternative pipe product that was up to the job,” Lennon says. “Rising costs of both concrete and transport meant that the EurofloTM product we used produced savings beyond the basic cost in DEVELOPMENT & INFRASTRUCTURE SPECIALISTS Planning - Engineering - Innovation Sustainability - Delivery - Collaboration 09 426 6552 info@aspireconsulting.co.nz www.aspireconsulting.co.nz that it reduced the number of truckloads that had to be made, and thereby further reduced the carbon impact that the development has had on the site. “It took only six or seven truck-loads to get the plastic pipes on-site at Oakview; if they were concrete it would have taken 20 to 30 loads.”

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