Property Development

Bunnings offers flat-pack homes from $A75,000

Bunnings offers flat-pack homes from $A75,000
Written by The ReReport
As seen in the Source link, written by realestatesource.com.au on 2019-05-19 18:17:57

Bunnings is selling flat-pack houses – but only in New Zealand at this stage.

The range of five modular homes are priced from $A75,000 for a two bedroom with an internal area of about 60 square metres.

The most expensive – one of the four bedroom designs – costs $A123,000. Its internal area is about 106 sqm.

Builder Simon Hinds told stuff.co.nz that half the flat-pack homes he has created have sold to Bunnings for its Clever Living Co brand.

A living area within one of the modular homes.

He added that by last Friday afternoon, when availability
of the flat-pack home started receiving widespread online media coverage, 100
requests came to the store in a matter of hours.

Mr Hinds said 32 people are now on a waiting list.

A design called The Angus, containing an internal area of about 100 sqm, is the best seller, Mr Hinds said. Another dwelling spreads about 83 sqm.

The homes are delivered by a series of trucks.

Richard Trent, of Trent Building Solutions in Christchurch, markets them on New Zealand’s South Island.

He told stuff.co.nz that the smaller homes take about seven weeks to construct and nine weeks “to be up and running”.

“If we get a large influx of orders, that might change, because we like to work on one at a time,” Mr Trent added.

The sale prices do not include GST (which is 15 per cent in New Zealand), earthworks, land and planning costs, landscaping or connections to services such as power, sewerage and water.

But it does buy a modern-looking fibre cement home built using a steel frame, with double glazed windows and a pitched roof.

Depending on the climate zone and orientation, the builder says a 7-star energy rating could be achieved.

Buyers have the option of up-scaling features, with things like timber floors, bi-fold doors and external building materials.

Bunnings can inspect prospective building blocks prior to selling the flat-pack homes, and draft up a customer-specific design.

It also has showrooms with the products.

The retailer declined to respond to questions about whether it intended to bring the product to Australia.