Development Spotlight: Richmond, Mt Wellington

At Richmond, Mt Wellington, you’re right at the crossroads of Auckland so there’s always something new to discover. Looking for a new experience near Richmond?

About Mt Wellington

The suburb surrounding Auckland’s youngest volcanic peak also called Mt Wellington is located 10-12 kilometres from Auckland CBD.  The suburb is extremely well served by transport, retail and education infrastructure which adds to the attraction of the area.  The eastern train line runs through to one of the largest shopping centres in New Zealand, Sylvia Park, with the suburb also serviced by a number of bus routes.

Richmond

Richmond Stage One offers 99 homes completed from March 2017. Sales and construction has already commenced. Richmond homes initially came in two, three, four and five bedroom configurations across eight plan types, although due to their rapid sale the two bedroom homes are no longer available.

Richmond aims to bring quality homes and contemporary living to owner occupiers. Designed with community and lifestyle in mind, owners will be part of a vibrant area with shared spaces such as parks, herb gardens and fruit trees. Home owners will enjoy well designed internal and external spaces with private courtyards and landscaping.

Every home comes with warranties for builders, fungal & rot, materials and SMEG appliances. They’re also built to sun, sound and seismic codes. Richmond homes are modern and stylish, lending themselves to personalisation and self-expression.

It is proposed that later stages will include other facilities and amenities for all residents such as a gym, playground, spa tub, sauna or steam room, and a pilates and yoga studio. All these amenities will be owned and managed by the Richmond Residents Association.

Richmond is also located less than three kilometres from Auckland Council’s new Toia recreational precinct which opened in August this year. The $31 million multi-purpose facility includes:

• a new library
• aquatic centre with toddler, learning, lap and bombing pools. It also has spas and a sauna and an outdoor water play area.
• community teaching garden
• new playground
• upgraded fitness centre and the existing recreation centre.

Work

Want to cut out the long commute? Some of Auckland’s busiest employment hubs are a short walk, cycle or drive from Richmond. Say goodbye to rush hour and hello to a better work-life balance.

Schools

Children learn better when they can walk to school and feel part of the community. At Richmond, both primary and intermediate schools are a short walk from home.

Shopping

With Sylvia Park just up the road, everything you need is nearby. From high end fashion and homewares, to supermarkets and cinemas, it’s all an easy walk away.

Recreation

Mt Richmond Domain and Bert Henham Park are just around the corner and home to six local sports clubs. Mt Smart Stadium, home of rugby league, is a short drive away. Mt Wellington FC plays host to one of Auckland’s most vibrant communities of football fans. And whatever you do with your weekends, Richmond is the perfect starting point to head north, south, east or west and explore every corner of Auckland.

Richmond three bedroom homes start at $750,000 – with premium five-bedroom homes starting at $955,000. Richmond is being marketed and sold exclusively by Bayleys Real Estate. There is a display suite on site for potential purchasers open 10.00am to 2.00pm daily, with late nights Tuesday and Thursday from 5.00pm till 7.00pm, or by private appointment.

REGISTER YOUR INTEREST

The Mount Wellington Property Market

Mount Wellington residential property values have risen sharply over recent years – providing purchasers with significant capital growth.

In the June quarter of 2016 the suburb’s median sales value stood at $711,500 – up from $660,000 a year earlier, and representing a gain of just under eight percent. With the suburb’s capital growth rate at an annual average of 11.7 percent compounding over a four year period, Mt Wellington has been one of the Greater Auckland region’s ‘over performers’.

In the June quarter of 2012, Mt Wellington residential sales commanded a median value of $399,000. Price appreciation over four years since then equates to 78 percent – well ahead of the regional average for Greater Auckland of 65 percent.

At $711,500 the Mt Wellington median sale price lags the regional median figure of $830,000. It should be noted however that new property built to modern standards, located within the area can command much higher values. The success of the Stonefields development on the nearby Mt Wellington/Remuera/Panmure border provides an excellent illustration of this.

DISPLAY SUITE OPEN 7 DAYS 10AM TO 2PM

TUESDAY AND THURSDAY NIGHTS 5PM TO 7PM

 33 PANAMA ROAD, MOUNT WELLINGTON.

Call our toll free number:

0508 RICHMOND

REGISTER YOUR INTEREST

CONTACT:

Julie Prince 021 894 071

Harry Cheng 021 230 6877

Trent Quinton 021 894 070

www.richmondauckland.co.nz