DVPG Delivers First Stage of Mountain Vista Estate Project in South Auckland - New Homes and Townhouses
Despite a challenging property market, Du Val Property Group (DVPG) has successfully settled the first stage of their Mountain Vista Estate project, comprising 65 homes. This milestone marks significant progress in the development of the 181-home community, which offers a mix of one, two, and three-bedroom townhouses and apartments.
Mountain Vista Estate is designed to foster a sense of community, featuring amenities such as a gym, community hall with kitchen facilities, personal carparks, and a landscaped ring road for easy access. Enhanced security measures include CCTV cameras, and an on-site Building Manager ensures the maintenance and care of communal facilities.
DVPG’s CEO, Charlotte Clarke, expressed her satisfaction with the project’s progress, stating, “I’m really pleased for our new homeowners. Approximately 70% of those who have purchased homes in the development are owner-occupiers, and we couldn’t be prouder to partner with them in realising their home-ownership aspirations.” Clarke highlighted that many of these homeowners are first-time buyers, and while these homes cater to owner-occupiers, they also represent a solid investment opportunity.
South Auckland’s need for new developments is critical, driven by a population increase of over 180,000 in the past two years, according to Statistics New Zealand. The area’s growth is fuelled by factors such as tertiary education, employment opportunities, and proximity to Auckland International Airport. Clarke emphasised DVPG’s commitment to addressing the accommodation crisis in New Zealand, stating, “We cannot expect to leave the solutions for this issue to the government – we all have a role to play in the private sector. Mountain Vista Estate is one way we are demonstrating our ability and commitment to deliver.”
DVPG has a robust track record, having built over 800 homes in Auckland over the past decade, with another 500 in the pipeline. The next stage of Mountain Vista Estate, comprising of 24 homes is set to be completed and settled in July 2024, with the remaining properties expected to be finished by the end of the year. Clarke remarked, “This is a significant project, and we have the very best in the business developing and building this community. The development is essentially a whole city block, and it’s come together masterfully. The 181-home development is almost sold out, with fewer than 22 townhouses left for sale. DVPG delivers, and we will deliver for you!”
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