Ockham Residential

Fast Forward 2017: Doing Medium Density Well

Auckland's Unitary Plan is in place and with it comes the opportunity to building what we at Ockham refer to as “the missing middle” – three level walks ups and character flats that typify our developments.  As more kiwis come back from overseas and migrants choose New Zealand as a new home, population growth is a given and preserving the city as a great place to live is a priority for all.

Listen on Radio New Zealand as Bill McKay of the University of Auckland’s School of Architecture and Planning speaks with Jesse Mulligan about ’Doing Medium Density Well’, the topic of an upcoming lecture and discussion series. 

Bill McKay refers to the School of Architecture’s 2017 ‘Fast Forward’ speaking series on ‘Doing Density Well’. Ockham Residential will speak at one of the sessions, providing a developers point-of-view and outlining how we promote community in our developments. 

Fast Forward 2017: Doing Medium Density Well
A Developer’s View: Ockham Residential Discuss their Work

When: Wednesday 29 March at 6:30pm
Where: Conference Centre 423:342, University of Auckland (Directions)

All lectures in the series are free and open to the public. To register to attend, click here.

Ockham In The News — March 2017

Ockham's Axis Series ballot was featured in the NZ Herald yesterday:

"In a sign of Auckland's heated housing market, a ballot is being run to sell five $450,000 one-bedroom planned Auckland apartments after unprecedented demand prompted the developer to decide on the unusual system.

Helen O'Sullivan, chief executive of developers Ockham Residential, said demand for such low-price places was so high that the best system was a ballot or application system, closing on Wednesday."

Read the rest of the article here or watch the NZHerald Focus video

Shortlist Announced for the Ockham New Zealand Book Awards 2017

As proud sponsors of the Ockham New Zealand Book Awards, Ockham Residential is delighted to present the 2017 shortlists.  With awards in Fiction, General Non Fiction, Illustrated Non Fiction and Poetry, the Ockham New Zealand Book Awards are New Zealand’s pre-eminent literary awards, and the honours are hotly contested.  This year is no different, with exceptional talent in all four categories, and a mix of established & new writers that demonstrates the depth in New Zealand literature.

The short lists are: 

The winners (including of the four Best First Book awards) will be announced at a ceremony in the Aotea Centre on Tuesday May 16, 2017, held as the first public event of the Auckland Writers Festival. The awards ceremony is open to the public. Tickets to the event can be purchased via Ticketmaster once festival bookings open on Friday 17 March. 

To read more about the awards & the finalists, go to the New Zealand Book Awards trust website at:  

http://www.nzbookawards.nz/new-zealand-book-awards/news/

NZ Herald on Auckland Apartments: Ockham Residential Featured

Ockham Residential's Chief Executive, Helen O'Sullivan, spoke with the NZ Herald about our push to provide more affordable housing in Auckland:

"Prime Minister John Key says young Aucklanders must consider choosing an apartment as their first home and a search of listings showed more than 1000 for sale."

"Ockham Residential is one of the more active Auckland apartment developers and Helen O'Sullivan, chief executive, agrees with Key: ""There are medium density options in Auckland that are affordable for first home buyers." Places in Ockham's new Daisy in Mt Eden are selling for $445,000 to $655,000 she said."

Read the article in full on NZHerald.co.nz

Set for Urban Renewal

Mark Todd knows a good thing when he sees it. And when the Auckland developer heard about land becoming available alongside the Avondale Racecourse, he was keen to secure it for his company Ockham Residential’s next project. 

Ockham is the company behind a handful of top- quality developments in Auckland, including the Isaac and the Turing apartment buildings in Grey Lynn, and Daisy and Station R in Mt Eden. Mark and his business partner Ben Preston style themselves as “urban regenerators”, and the Avondale site was ideal for one of their developments, which provide smart, sustainable and well-built apartments. 

“The Avondale site is great because it’s a great urban regeneration site, and part of the Avondale Town Centre’s 10-year master plan,” says Mark. 

“A lot is happening in the area, including a new community centre and library going in next door, and we are very excited to be the first significant development in the new town centre. 

“We’re going to be right in the heart of what is a cosmopolitan and multi-cultural community, and so close to everything.” 

To be known as the Set apartments, the development on the site of the old Suburbs rugby club will be 300m from Avondale’s shopping hub, 600m from the train station, 2km to LynnMall and 3km from the Waterview interchange on the North Western Motorway. 

There will be three buildings: Subset A, B and C. A and B will have three levels of walk-up apartments: 18 in A and 24 in B. Subset C will be a five-storey building with 30 apartments, and it will also have a community lounge, play area and vegetable garden for all residents. 

All three will be constructed from solid concrete, with timber and brick in the facades, and Subset A and B will feature striking pitched roofs. 

Ockham’s in-house lead architect Tania Wong, who grew up in Avondale, says the look of the buildings was inspired by original architecture in the area. 

“The idea for the pitched roofing came from the old stables around the racecourse and also the old St Ninian’s Church, which is nearby,” says Tania. “We wanted the apartments to have a character flat feel.” 

Decorative patterning on the buildings is based on Venn diagrams, and ties into the mathematical inspiration behind the Set buildings. 

All of Ockham’s developments are named after critical thinkers or concepts, and the Set buildings are influenced by the idea of sets being one of the 

most fundamental concepts in mathematics (Ben and Mark studied maths at university). 

The apartments will all have 2.7m studs — the ones on the top floor of Subsets A and B will feature pitched ceilings — and balconies. Kitchens will have engineered stone benchtops, Smeg appliances and New Zealand-made Methven tapware. There will be porcelain floor and wall tiles and polymarble basins in the bathrooms. 

Mark says the buildings will live up to Ockham’s reputation for producing apartments that are sustainable, well-liked by the community, made from durable, low-maintenance materials that age gracefully, and designed to minimise noise and on- going costs. 

He’s excited about the fact that Ockham is managing to keep the prices of the Set apartments affordable, from $420,000 to $820,000. 

“Hardly any new housing built in Auckland comes with that price point but we’ve done it by keeping them down to one or two bedrooms, or one bedroom and a study,” says Mark, adding that 

costs have also been reduced thanks to having car parking next to the buildings, rather than underground, and just one lift, which is in Subset C. 

The company is helping people to get a foot in the door thanks to the First Home Solutions scheme run by the Ockham Foundation, the charitable arm of Ockham Residential. The scheme allows purchasers of certain apartments (around 20 per cent of the development) to defer payment of 15 per cent of the total price for up to 10 years. 

At the end of 10 years, or before if the apartment is sold, 15 per cent of its market valuation needs to be paid to the Ockham Foundation. But in the meantime, the purchasers are effectively paying less on their mortgage, which could make a huge difference when it comes to their ability to buy the apartment. “So if you have a 20 per cent deposit, in effect, you only have to borrow 65 per cent of the purchase price from the bank, not 80 per cent,” says Mark. 

Construction is due to start around August and be finished by about July next year.