Moy Estate under way

Moy Estate under way

Work on Moy Estate is under way after legal wrangles over access, and a new investment arrangement.

South Island’s Ngai Tahu Properties has joined Wakefield Group Holdings (WGH) in a 50:50 joint venture to develop the land at 33 Old State Highway 1, Ōtaki.

Real estate sales records last month showed the land as having been sold, fuelling local speculation that WGH had withdrawn from the project and that a new owner might not develop the land as originally planned.

A WGH spokesperson, however, told Ōtaki Today that the sale notice reflected the fact that the company had simply entered a development joint venture with Ngai Tahu Properties.

“WGH are still in the ownership, and development plans are unchanged,” he said.

The development is to go ahead as planned under current consents.

It’s also understood that home building company Jennian Homes is to be involved in constructing some of the houses on the 137 sections.

The first 50 properties at Moy Estate will be available for sale early in 2027.

It will the first of three development phases – release of properties in the other two phases will depend on the market.

The development was originally approved for referral under the Covid19 (Fast Track Consenting) Act, rather than the Resource Management Act. It became contentious when residents of Sue Avenue and Moy Place were advised that access to Moy Estate would be through their quiet streets, rather than directly from the old highway. They argued that Kāpiti Coast District

Council should not dedicate a reserve at the end of Moy Ave as a legal road, which would allow access.

The council voted in December 2024 in favour of the residents. However, WGH last year sought a judicial review of the decision. The High Court set aside the council decision and told the council to reconsider.

With the judicial review clearly stating the council was legally wrong in its decision, the new council voted to change the legal status of the reserve to a road.