It's simple. Build more homes, says Stubbs

It's simple. Build more homes, says Stubbs
The 256-apartment Morningside development is due for completion in late 2027. (Image: Simplicity)
Brent Melville
Simplicity Living will spend $150 million on a 256-apartment build-to-rent development in Morningside, Auckland – its sixth planned property development in two years.Managing director Shane Brealey said construction was expected to start on its just purchased 6,560 sq metre site on 10 Morningside Drive next year, with completion due in late 2027. The property, zoned mixed use, currently houses a mix of retail and warehouse buildings; the largest tenants are Poynters, Caffe Coffee and Cutting Services.Brealey said the new residences w...

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