Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Luxury apartments for Remuera first in the area since 2008

Luxury apartments for Remuera are the first in the area since 2008

Plans have been unveiled for a new ultra-luxurious apartment block to occupy the site at 464 Remuera Road Nine new upmarket apartments will occupy the site in two separate blocks. One block will contain four apartments, and the other will have five apartments.

Three apartments have already been sold ‘off plan’ since marketing began late last year – including the 434 square metre penthouse suite which has been purchased for in excess of $6.7 million , and the 300 square metre sub-penthouse apartment which has been secured for $5million. The third unit of 118 square metres has been sold for $1.6million.

Construction work on the new complex began shortly after Christmas last year, and the upmarket units are scheduled for completion in mid-2015. The new apartments at 464 Remuera Road are being developed by Albatross QT Ltd which bought the land several years ago knowing prime sites close to Remuera village are very hard to acquire.

Albatross was the developer behind the hugely successful apartment development at 98 Remuera Road which were completed in 2008.

Apartments in the 464 Remuera Road complex are being marketed for sale exclusively by Robert Ashton of Bayleys Remuera. The last six remaining units range in size from 107 square metres – 306 square metres, with price tags varying up to $5million. They feature a combination of two and three-bedroom dwellings.

Mr Ashton said the exclusive new residences at 464 Remuera Road will satisfy the most demanding owners.

“As is befitting an address in Remuera Road, the fittings and furnishings within the apartments at 464 Remuera Road will be of the highest levels of style, taste, and quality,” Mr Ashton said.

“Buying off the plans so quickly into the process has enabled the first three apartment owners to individually style the interior décor of their respective homes. There is some flexibility for this unique styling to be offered to the remaining six units up for sale, but buyers would have to move quickly,” Mr Ashton said.

The apartments at 464 Remuera Road will showcase panoramic views across the Waitemata Harbour and will sit on 2534 square metres of land to be planted in landscaped gardens featuring palms along with a gym and outdoor pool.

Albatross’ ethos of intelligent luxury has been hailed for its unparalleled attention to detail, meticulous quality of design and materials and an uncompromising belief that with the right people success will be assured.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Post-Post: Brian Roche To Step Down As NZ Post CEO

Brian Roche will step down as chief executive of New Zealand Post in April 2017, having led the state-owned postal service's drive to adjust to shrinking mail volumes with a combination of cost cuts, asset sales, modernisation and expansion of new businesses. More>>

ALSO:

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news