Our Vision
Ngāti Whakaue First Home Buyer Programme
The vision of Wharenui Rise is to provide a consistent flow of homes to the Rotorua market which ultimately will result in providing some 1,200 new market homes through 11-13 stages, over the next 20-25 years.
In 2021, Ngāti Whakaue Tribal Lands (NWTL) began assisting whānau and shareholders on their pathways to home ownership. May 2023, 14 lots were released in two separate tranches of 8 and 6 respectively. Ngāti Whakaue shareholders and whānau were given first preference, all 14 homes are now sold to Ngāti Whakaue whānau.
Stage 1 with First Home Buyers Lots (Blue)

- 8 completed houses for 1st Home Owners @ $500,000 each (Stage 1)
Full project (Stages 1, 2 & 3)

- 8 completed houses for 1st Home Owners @ $525,000 each. (Stage 2 - Tranche One)
- 6 completed houses for 1st Home Owners @ $525.000 each. (Stage 2 - Tranche Two)
First Home Buyers Programme
Overview
In 2021, Ngāti Whakaue Tribal Lands (NWTL) began assisting whānau and shareholders on their pathways to home ownership.
In 2023, we offered shareholders and whānau more opportunities to buy their first home through the stage 2 of Wharenui Rise development.
In May 2023, we released 14 lots in two separate tranches of 8 and 6 respectively. Houses are 3-Bedroom, 1-Bathroom, Single-level duplex design, 100m2 floor area on a 300m2 lot with 1-Car Park. These are ‘turn key’ builds (i.e. you will purchase a finished home). Prices are also fixed at ($525,000 incl. GST) which offers real value in this current market.
- Registration of Interest (ROI): From 1st Home Owners are welcomed and those interested applicants will need to meet our underlying criteria.
- Application Packs: Upon meeting our criteria, application packs will be sent out which will require purchasers to demonstrate their ability to finance a home.
- Allocation: Qualified buyers will then undertake an allocation process.
- Notification: Successful applicants will then be notified of their allocation.
- Settlement: Houses constructed with settlement expected to take place from November 2023.