Available PropertyFiles:

  • /Bader Drive/
    • Bader Drive.zip
  • /Corban Park/
    • Corban Park.zip
  • /Coronation Rise/
    • Coronation Rise.zip
  • /Hillcrest Heights/
    • Hillcrest Heights.zip
  • /New Files/
    • Amended Constitution of Residents Society 20.10.23 - The Green.pdf
    • BC-Rules-598633 HILLCREST HEIGHTS.pdf
    • Body Corp - Bader Drive.zip
    • Crown Titles.zip
    • LIM 31 Don Oliver Lane, Glen Eden.pdf
    • Levy Statements - The Green.zip
    • Residents Society - Coronation Rise.zip
    • Residents Society - The Green.zip
    • WARRANTIES AND GUARANTEES THE GREEN.pdf
  • /Sale & Purchase Agreement/
    • KiwiBuild Generic Sale SPA - FINAL with schedules.pdf
  • /Tawa/
    • Jennian Tawa.zip
  • /The Green/
    • The Green.zip
  • /Waikanae/
    • Jennian Ngarara - Waikanae.zip

Property Description

Located within 7 recently completed, large-scale residential development schemes, the portfolio offers a mixture of 1, 2 and 3 bed terraced homes and walk-up apartments:
• Corban Park, Henderson, Auckland - 33 x 2-bedroom /2-bathroom terraced homes plus one car park each.
• Hillcrest Heights, Manurewa, Auckland - 14 x 2-bedroom /1-bathroom terraced homes, 12 of which include one car park each.
• Bader Drive, Mangere, Auckland - 3 x 3-bedroom/1-bathroom, 9 x 2-bedroom /1-bathroom terraced homes and 8 x 1-bedroom /1-bathroom walk-up apartments. 15 of the homes include a single car park.
• Coronation Rise, Mangere Bridge, Auckland - 10 x 3-bedroom/1.5-bathroom terraced homes with a single car park each.
• The Green, Glen Eden, Auckland - 4 x 3 bedroom/1.5 bathroom and 5 x 2-bedroom/1.5-bathroom terraced homes with a single car park each.
• Hinau Street, Tawa, Wellington - 11 x 2-bedroom/1-bathroom terraced homes with a single car park each.
• Ara Hereke, Waikanae, Kapiti Coast - 12 x 2-bedroom /1.5-bathroom terraced homes with a single car park each.

The opportunity provides investors with enormous flexibility on how to participate. The homes are available either as a single portfolio or as individual projects ranging in size from 9 homes in The Green in Glen Eden, Auckland up to 33 homes at Corban Park, Henderson, Auckland. The vendor is not inviting offers for either individual homes or part projects at this time.

Across the 109 homes, 86 are located in Auckland, 11 in Wellington and 12 in Waikanae and all are presented with vacant possession. Well-positioned in growth areas, close to transport links and amenities, the locations benefit from good rental demand and population growth. The portfolio offers immediate investment diversity across multiple locations including two of New Zealand's largest cities and offers excellent potential for low capital expenditure all new-build properties with various unexpired warranties combined with strong income and capital growth.

With all properties fully complete and ready for occupation, the portfolio offers private and corporate investors, community housing providers and other investor groups requiring immediate scale, the opportunity to either grow a strong long-term cashflow from rental and/or take advantage of the improving residential market conditions to sell-down the properties individually over time.

To explore this exciting investment opportunity further, contact us today!

To view the individual projects please go to the links below:
Henderson - https://www.bayleys.co.nz/listings/commercial/auckland/waitakere/-whati-lane-1698811
Manurewa - https://www.bayleys.co.nz/listings/commercial/auckland/manukau/-brough-road-1698808
Mangere - https://www.bayleys.co.nz/listings/commercial/auckland/manukau/-ara-kataraina-1698807
Mangere Bridge - https://www.bayleys.co.nz/listings/commercial/auckland/manukau/-tima-lane-1698810
Glen Eden - https://www.bayleys.co.nz/listings/commercial/auckland/waitakere/-don-oliver-lane-1698809
Waikanae - https://www.bayleys.co.nz/listings/commercial/wellington/kapiti-coast/-ara-hereke-1698806
Tawa - https://www.bayleys.co.nz/listings/commercial/wellington/wellington/--hinau-street-1698805

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Terms of Supply

THE VENDOR - TERMS AND CONDITIONS
Access to these due diligence files is strictly on the basis of the terms below. The action of accessing this contents is deemed confirmation of acceptance of these terms by the accessing party.

Confidentiality and Publication
• The accessing parties acknowledge and agree that the information in the due diligence room is confidential to the Vendor.
• Neither the whole nor any part of the information in or referenced in the due diligence room may be included in any published document, circular or statement without the prior written approval of the Vendor.
• Only bone fide potential purchasers and their professional advisors may access the information within the due diligence room.
• The information may not be accessed or used for any purpose other than for considering potential offers to the Vendor on the acquisition and development of the land.
• No document or information within the due diligence room or any reference to them may be disseminated in any way by users of the due diligence room except to their professional advisors, as necessary for the purposes of the transaction contemplated and on the basis that such professional advisors have also agreed to be bound by these terms (whether or not such advisor accesses the due diligence room directly or is provided such information by the accessing party).

Disclaimer
The material contained in this due diligence room has been prepared in good faith by the Vendor and its advisors, solely for the information of potential purchasers to assist them in deciding whether they are interested in the specified potential development land.
It is intended to be general information in and specialist advice should be sought on all matters. The information provided by advisors has been provided to the Vendor and not to any accessing party. The contents do not constitute advice to potential purchasers and should not be relied upon as such.
Where documents are specified to be in draft, the Vendor has full and absolute discretion to change or amend or replace entirely that document in full or part at any time. Accessing parties should place no reliance on such draft documents.
The information in this due diligence room does not form part of any offer or contract and is intended as a guide only and any offer made is subject to negotiation and acceptance by the Vendor.
No warranty is given or representations made as to the correctness or sufficiency of any information or statements. Potential purchasers should not rely on any material contained in the due diligence room but should make independent investigations to satisfy themselves as to the accuracy and sufficiency of the material. The Vendor and its advisors do not make any representations or warranties as to the accuracy or sufficiency of the material and do not assume any liability for negligence or otherwise in connection with any material contained in or omitted from the due diligence room.
The Vendor reserves the right in its sole discretion to postpone or cancel the proposed sale of the land. The Vendor reserves the rights to sell the land to any party in such component parts, at such price and on such terms as it sees fit.

Additions and Changes to the Due Diligence Room
The Vendor reserves the right to modify or add to the due diligence room or documents therein from time to time. The Vendor does not accept any responsibility for the currency of any documents or any changes to documents within the due diligence room or changes to the due diligence room itself that may change, affect or qualify any of the information provided. The Vendor will use reasonable endeavours to place notifications within the due diligence room of documents added, removed, altered or modified from time to time but potential purchasers are advised to check regularly for any such changes.

Questions and Answers Process
Any party may submit written questions to Bayleys during the due diligence phase and Bayleys and/or the Vendor will endeavour to answer such questions noting however that any questions and the answer provided by Bayleys or the Vendor may, at the Vendor’s sole discretion, be made available to all parties accessing the due diligence room.

Contact Jason Seymour

Bayleys Real Estate Limited

Bayleys Auckland Central

+64 9 309 6020   +64 21 607 999   jason.seymour@bayleys.co.nz   All Listings

With an impressive 39-year tenure in the real estate industry spanning across Europe, Asia and New Zealand, Jason brings a wealth of experience and expertise to the table as Bayleys Senior Director Capital Markets. Since embarking on his real estate journey in 1984, he has navigated the complexities of the global property landscape, emerging as a seasoned professional with a deep understanding of commercial real estate dynamics. His credentials include nine years as one of New Zealand’s leading commercial leasing agents and 15 years specialising in major asset and portfolio sales.

Jason's roots in engineering and property management have enriched his real estate acumen. His foundation in controlling the built environment and property portfolios gives him a holistic view of real estate, a perspective that resonates with clients seeking comprehensive solutions.

Over the years Jason has honed his skills across varied markets, making him a valuable asset to clients seeking unparalleled insight and a broad perspective. His knowledge traverses all facets of commercial real estate including design, engineering/technical, management, leases and acquisition and divestment. Just some of Jason’s unique strengths include a tenacious drive, meticulous attention to detail and a knack for devising tailored strategies across diverse asset classes.

What keeps Jason ahead of the competition is his insatiable appetite for knowledge. He stays abreast of international trends and economic indicators, integrating this information into his strategic approach. Jason's commitment to staying informed allows him to provide clients with the latest insights and advice.

As an industry stalwart, Jason attributes his enduring success to adaptability, a trait that has seen him through various economic crises. His extensive network of global property investors underscores his strategic thinking and ability to forge meaningful connections.

Specialising in larger asset acquisition and divestment, working primarily with onshore and offshore listed and unlisted corporations and institutions, Jason's ability to build and nurture long-term relationships suits clients with intricate requirements where trust and reliability are priorities.

Contact Gerald Rundle

Bayleys Real Estate Ltd

Licenced REAA 2008

+64 27 286 4620   gerald.rundle@bayleys.co.nz   All Listings

Gerald Rundle is the Director – Corporate Projects and Development Land Sales for Bayleys Real Estate Limited. He has been part of the Bayleys Team since 1997 and he has over this time worked on a diverse range of commercial, industrial, rural and residential properties.


Gerald specialises in the marketing of significant properties and projects, particularly larger residential land transactions, acting for a wide range of vendors including private owners, corporates and local and central government.


Gerald brings to his agency and project role a wealth of information and real estate experience gained from over 30 years in the property industry which has included managing the national and international operations of the Bayleys Research division and, prior to that, private valuation practice.


His experience in the industry is supported by Bachelor of Property and Bachelor of Commerce degrees, both from the University of Auckland, and he is a Registered Valuer, an Associate Member of the New Zealand Institute of Valuers, a Senior Member of the Property Institute of New Zealand and licensed Real estate Salesperson.