East Terrace Residential Housing Project
Lower Eyre Council is investing more than $4 million to construct 30 allotments in Stage 1 of the East Terrace Residential Land Development, the first stage of a planned 80-allotment development in Cummins.
Nine of the 30 allotments have been taken up between government and private investment, with Council now exploring a funding opportunity to partner with a developer or builder to construct housing on a further six allotments - the East Terrace Residential Housing Project.
Renewal SA’s Office for Regional Housing is currently inviting Registrations of Interest to create new housing projects across regional South Australia as part of the Regional Housing Initiatives Program Round 2 (RHIP). The program offers two forms of support including ‘acquisition of rights to lease’, to accelerate the delivery of new rental housing.
Council is exploring this opportunity and is looking to establish six houses with a project partner through a $300,000 RHIP application. Council is seeking proposals from developers or builders for the construction of two four-bedroom homes, and four three-bedroom homes within Stage 1 of the East Terrace Residential Land Development.
This EOI is based on the proposal that:
- Council contributes six allotments at no cost to the project partner.
- The project partner prepares the RHIP application for $300,000 (excluding GST), and if successful, manages and funds the builds from concept to completion.
Learn more by downloading the Expression of Interest, and Response Schedule.