New Hobsonville homes to be announced today

Hobsonville Point's Catalina Café.

Development of a further 211 residences at the new Hobsonville Point precinct on Auckland's north-western outskirts will be announced today, with 15 per cent of the new places classed as "affordable" at $485,000 or under.

But already, values at some home sold as affordable three years ago are up $125,000 and $120,000.

Around 400 residences have already been built at the 167ha master-planned community where 3000 residences are planned.

But developer/funder Willis Bond has now won the right to build Sunderland, where restored heritage houses as well as new terrace and stand-alone places will be sold.

Mark McGuiness, Willis Bond managing director, and Wayne Silver, Sunderland project director, said the new places could be finished by 2017 and 15 per cent would be affordable, sold for $485,000 or under to meet Hobsonville Land Company's rules.

The show home, near the Catalina Cafe, opens next Saturday.

Of the 211 places, about 146 will be terraced, 40 will be stand-alone, 19 are heritage homes and six will be new apartments in two blocks. Specialist heritage architects Salmond Reed of Devonport designed the restoration scheme and 10 of the 1930s heritage houses on the original airforce base on Sunderland Ave will be restored: the Base Commander's home will be shifted to the corner of Sunderland Ave and Buckley Ave and the Mill House will stay on its big 3700sq m site, the single largest land plot at Hobsonville Point.

See a map of the Hobsonville area here: