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New Record Price Paid for Foxton Beach Property


New Record Price Paid for Foxton Beach Property

22 December 2006

The quiet rural Foxton Beach community has just received a boost in property confidence with the confirmation this week that one of its homes sold for a record $675,000.

According to Manager of Harcourts Foxton, Maria van der Schouw who marketed the property, prior to that, the highest price achieved had been just on $500,000.

The 286sqm home on a 733sqm section at 9 Trafalgar Street was described as an “architecturally designed home with two independent living areas on three levels.” Making the most of its site, the house included three bathrooms, views of ocean, estuary and ranges, as well as private decks from the master bedroom and living areas.

Maria van der Schouw noted that the quiet Manawatu beach community was becoming more popular and over summer had as many as 10,000 people in residence. And while traditionally its property owners tended to be retired or holidaymakers, the close half hour drive to Palmerston North was seeing more family and upmarket executive style homes being built to cater for those preferring to live at the beach and commute to work.

However it’s not just the beach drawing people to the area. Foxton’s panoramic views of the Tararua Ranges and pleasant rural countryside along with the just under two hour drive to Wellington had also increasingly attracted a number of lifestyle block owners to move there in recent years.

ENDS

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