Hewletts Road
Nowhere is this better illustrated than in the Golden Homes development at Hewletts Road, in one of Tauranga’s most valuable locations. Running through the middle of the site is a diagonal drain that had the potential to disrupt the entire project. The prevailing view of the regulations was that it could not be built over and that the manufacturing building would need to be split into two parts to accommodate the drain. This was likely to cost the client an additional $76,500 on a $3 million project, interrupt the integrity of the building’s function and design, and significantly reduce its footprint by by 165.25m² – negatively impacting the financial return from the development by as much as $400,000.* * In the opinion of Preston, Rowe, Paterson, International Property Consultants, an indicative rental value of the large warehouse at 63 Hewletts Road would be within the range of $100/m² – $120/m². Yields along Hewletts Road dependant on various attributes generally reflect a range of 5.0% – 6.0% with exceptions. (April 2027)
As one of New Zealand’s leading developers, Golden Homes builds up to 1000 homes per year and is fiercely protective of its reputation for building fine, solid houses that will serve generations of Kiwis. It is not interested in taking shortcuts, so when faced with this major roadblock during construction, it was pleased to find that Bevan Wood and his team at Trio Construction & Management Limited were up to the task of finding a way forward. With this roadblock overcome, not only was integrity of the building saved but the project came in on budget.
When Bevan and the team set a price for a job, they do everything they can to stick to it. In this case it took tenacity, knowledge and innovative thinking to get the job done. Clients like Len Helms – whom Bevan has worked with for decades – know this and that’s why they return time and again.
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