Premium Townhouse Development
Project details
Loan type
Development
Property type
2 and 3-bedroom residential townhouses
Loan size
$10m+
Term
15 months
Loan to Value Ratio
66%
Pre Sale Ratio
40%
Property size
17 units of varying sizes from 79sqm to 98sqm
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Beautifully appointed townhouses in a top Wellington location
Killarney Capital provided a development loan for the construction of 17 stunningly crafted fee simple townhouses in the popular Wellington suburb of Karori.
The units consisted of timber construction with a mismatch of rooflines and timber and brick cladding, combined with classic tones that belong in amongst the surrounding native bush.
What set our clients for this development apart from others was their meticulous planning for an irregularly shaped and sloping site. Every detail with the design and delivery of this premium development was deliberate and on point. The development struck the perfect balance between creating a mini community while maintaining a genuine individual identity for each unit.