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Fairway Bay launches next stage

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Nov. 05 / 2015

With escalating demand for a coastal lifestyle within easy reach of the city, the Fairway Bay developmentat Gulf Harbour launched the next section release just in time for Auckland’s Home Show.

Development consultant Michael Webb-Speight says potential buyers are welcoming the launch, as current stock is almost exhausted.

“Just 7 lots remain in the Fairway Bay- Discovery stage, there is a clear need to bring more properties to market without any delay.

“The Home Show proved a strong launch with considerable interest from both building companies and private buyers. We sold all but five lots within the first six weeks,” he says.

Ground will be broken in October on the new stage, with the first25 lots priced from $319,000 and range in size from 325m2 to 705m2.

“We expect to see purchasers being able to complete development of house and land for around $700k – $900k,” added Webb-Speight.

All lots are north facing and generally have wide views over the marina and surrounds.

Top Harbour CEO Sean Pan says he is pleased with the pace and success of the development, and looks forward to more residents calling Fairway Bay home.

“We have already completed the development of over 130 lots and, other than our premium sections, we have sold almost everything we have titles for,” he adds.

The appeal of Gulf Harbour is enhanced by regular ferry crossings to Auckland, putting the city within easy and affordable reach of residents, making the decision even easier.

“The ferry service has proved very popular for buyers working in the CBD.Commuter numbers are growing significantly, with figures indicating an increase of more than 100 per cent over a one year period.

Top Harbour is investing heavily in infrastructure that supports the growth of community facilities, while facilitating further retail and commercial opportunities within the next five years.

Fairway Bay lies at the end of the Whangaparaoa Peninsula, which boasts some of New Zealand’s best beaches, a world-class golf course, a 1000 berth Marina and Decile 10 schools.

For more information contact Leandri Smith on 027 365 9003 or at Leandri@prrepublic.co.nz.