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Home / Business

Property report: Stonefields - Rock solid vision for growth

By Graham Hepburn
NZ Herald·
8 Mar, 2015 04:00 PM4 mins to read

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Stonefields housing development. Photo / Michael Craig

Stonefields housing development. Photo / Michael Craig

Once the source for much of Auckland's roading gravel, Stonefields is now a convivial neighbourhood where residents become friends, writes Graham Hepburn.

Eyebrows were raised in the eastern suburbs when a proposal surfaced to transform an old quarry site into a 110ha residential development.

Stonefields was born when Landco - now part of Todd Property Group - bought Winstones' Mt Wellington quarry in 2001. Winstones opened the quarry in 1936 and excavated about 18 million cu m of rock to supply concrete aggregate for major construction projects such as forming the runway at Auckland's airport.

When Landco took over the site, it was determined to counter any negative connotations associated with the quarry by devising a master-planned community that would incorporate up to 2900 dwellings housing about 6000 people as well as a primary school, town centre, parks, lakes, paths and wetlands.

The development had location on its side with neighbouring established suburbs such as Ellerslie, Meadowbank and St Johns, and being an easy commute from downtown Auckland.

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Teaming up with Fletcher Residential as the primary builder at the development also reinforced to prospective buyers that Stonefields would be a quality development backed by companies with solid reputations.

Stonefields offers a mix of housing styles to appeal to all demographics: apartments, terrace houses and standalone villas, all interspersed with green spaces.

Nearing completion, the development has a traditional, established look that appeals to eastern suburbs buyers - and that feel will become more entrenched as the landscaping and trees mature.

Stonefields has a strong and active residents' association that runs events throughout the year including house-dressing competitions for Halloween and Christmas.

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Lauren Andreoli, of Bayleys, says, "The vision for Stonefields was to provide an environment where people are encouraged to interact and get to know one another and this attitude runs very strongly through the suburb's atmosphere today. Residents often socialise together over street potluck dinners and always stop and have a chitchat while out and about.

"The boutique Stonefields Market is a key focal point for the community and offers a selection of delicious eateries, health and beauty services and two designer homewares stores. The recent development of the commercial strip in Lunn Ave has also enhanced the variety of shopping within the suburb.

"In the heart of Stonefields is the primary school, which opened its doors in 2011. The school caters for Years 1-8 and has become a hub for community events."

Kelly Midwood, of Barfoot & Thompson, adds, "There are numerous reasons Stonefields is so unique and popular, one of the most important being the strong sense of community shared by its residents.

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Another, of course, is the thoughtful planning, meticulous design and top-quality construction the developers have put into the creation of the homes. "Fletchers are renowned for their building integrity and each new home comes with a Master Builder Warranty that provides buyers with security and peace of mind - whether they buy new or purchase a pre-loved home.

"The suburb also boasts the latest and greatest primary school where new education standards are in effect. This is so successful that it is exerting a major influence on other schools and they are using Stonefields primary as a template for changes in their own systems," Midwood says.

Stonefields is handy to the eastern beaches, motorway onramps and Sylvia Park.

Another attraction is the price of houses.

"The price of houses is competitive with its bordering suburbs and this 'value for money' factor has made real estate in Stonefields highly sought after. I call the homes here 'cash-flow properties' - because when you decide to sell there are always buyers wanting to make Stonefields their new home suburb. There are two- to five-bedroom options and pricing ranges from $730,000 to $1.6 million.

"I saw the potential here three years ago and purchased a four-bedroom home. After a while, like many other Stonefields residents, I decided to make a move and acquired a larger home in the suburb.

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"This is commonplace here - I know of vendors who have bought and sold up to three times in this area. As their families grow, the children go to university or leave home, they change homes to better suit their circumstances - but stay in the community.

"This suburb has been a sleeping giant and as time nurtures the trees and established parks, it will become even more appealing than it is today."

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