INDEPENDENT NEWS

Luxury apartments for Remuera first in the area since 2008

Published: Tue 25 Feb 2014 02:34 PM
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
Bayleys
New Zealand
Bayleys is New Zealand's largest full-service real estate company. We offer expertise in the marketing and sale of a wide range of property, including residential real estate, farms and lifestyle blocks, and commercial and industrial property. This includes tourism and business sales such as hotels and motels. We also cover the real estate markets in Fiji and other Pacific Islands.
Bayleys also provides a complete property and facilities service including property management and valuations teams focused on achieving both Owner and Tenant satisfaction.
No other real estate company can match our breadth of coverage across all market sectors throughout New Zealand.
Contact Bayleys Realty Group
Phone:
09 375 6868
Media Contact:
Scott.Cordes@bayleys.co.nz

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