River and harbour views from contemporary apartments, writes Donna McIntyre
The Verge apartments being built next year in Mt Wellington are a reflection of the suburb’s growth as a business district.
The development at 64-66 Hillside Rd, Mt Wellington, Auckland is also the only new complex in the suburb that will have a view of the Ta¯maki River and the Manukau Harbour, says Troy Rashid, group marketing manager for developer, Du Val Management.
“They will introduce a new level of apartment living to the growing suburb of Mount Wellington. It's the perfect solution for owner-occupiers and investors.
“We've also had strong interest from first home buyers, which we believe is driven by location and its proximity to dining and retail precincts.”
He says Mt Wellington's growth as a business district is also driving a continuous growth in the area’s professional population.
“We're seeing large companies like Coca Cola Amatil and more recently ANZ back this suburb as a place to operate.
“With the introduction of No1 Sylvia to the area's professional landscape, the expansion of Sylvia Park, the recent upgrades of the suburb's arterial routes and transport links, we're not the only people who see the potential in this area.”
“Verge's proximity to Sylvia Park and its vast retail and cuisine offering is a huge pull,” he says. “For investors, it's not just the tenants’ lifestyle they're thinking about, they can picture themselves living at Verge which is why we believe there will be a lot of potential for owner-occupiers.
“The design and specs are second to none and it serves an upmarket audience, previously untapped in Mt Wellington.”
Rental appraisals have suggested the apartments could bring in a weekly rent of up to $680.
The 59 two-bedroom apartments will be in two buildings of up to five levels, grouped around a communal courtyard. The build includes steel frame, metal cladding. painted concrete panels, double-glazed curtain walls and metal decking. Prices start at $649,000 and vary depending on the apartment type and view. Prices include designer kitchen, appliances, a heat pump and can include a furniture package.
All apartments have one bathroom and interiors measure at least 62sq m. Each unit has an outdoors area. There are 43 car parks for the complex, designed by the Archimedia Group.
The north-south orientation of the building means each apartment will have north, east or west-facing views. East-facing apartments look to the Tamaki River; north-facing views reach beyond the river entrance to as far as Rangitoto, Mutukaroa Regional Park and Hamlins Hill; those facing west look towards One Tree Hill and the Waitakere ranges.
Barfoot & Thompson agent Charles Benedict says construction of the Verge Apartments is a sign of how Auckland's apartment market is coming of age in the outer suburbs.
Construction is set to finish in 2021.