Mt Maunganui's latest townhouse development relaunched just over a month ago to a phenomenal response – early stages sold out and new releases snapped up under the watchful eyes of New Zealand Sotheby's International Realty.
Bask Residences is set to transform the high-profile corner ribbon between Oceanbeach Road and Maranui Street. Stages 1 and 2 are sold out, half of Stage 3 sold within two weeks and has only three units remaining with only one at the amazing price of $895,000. A limited release of townhouses in the final Stage 4 will be available soon with pricing between $949,000 and $1,395,000.
With numbers rapidly dwindling, New Zealand Sotheby's International consultants, Luke Nobilo and Susie Laery, expect demand to intensify. They aren't surprised that Bask has galvanised such high interest; or the hundreds of email inquiry from a wide demographic.
Chosen for their broad national land international reach, Susie says no other company has the ability to reach the global market like Sotheby's.
"Our listings are displayed on international websites such as the New York Times, James Edition and the Wall Street Journal just to name a few. Our huge New Zealand network also captures the national market. We are seeing huge inquiry from offshore – particularly ex-pats wanting to return home or secure something for their retirement.
"This is a huge opportunity for our vendors and it's a market we don't want to miss. Just this week, I've talked to ex-pats from New York, London, Singapore and Hong Kong."
Vision of elegant simplicity
Bask promises to deliver a new level of elegant simplicity and what it means to live in a part of the Mount that is increasingly sought after. Sitting near Girven Road, Bask is a pivotal point within an elite triangle. Aside from being one block from the beach, this locale is walking distance to Bayfair with all its new sophisticated shopping and entertainment. There's aquatic leisure at Baywave, two choices for golf within minutes; along with a raft of boutique cafes and restaurants all around this corner. It truly is a lifestyle to bask in.
A committed Mount resident, Bask developer Shannon Moyle is passionate about the area and creating something special. Considering the medium density growth, he wanted to set a tone for future developments with high-design integrity.
Also a Mount local, and with extensive knowledge of its market, Luke believes in the project 100 percent and says with Shannon at the helm it's a no brainer.
"His experience in the industry and his delivery of the high-end Latitude Residences on Park Street is a testament to what he delivers."
Teaming up with designer Kyle Goldsack from Archistudio and Rik Flowerday from ZB Homes, Susie says it's a very high-quality team of specialists involved in Bask.
Contemporary architecture sits at the core of the design – ideals founded on creating the perfect balance between urban style and coastal charm. Lightweight concrete blends with dark metal and timber cladding to mimic the tones and textures of coastal aesthetics.
Punctuated with large, floor-to-ceiling windows; natural light and sun is captured to maintain an intimate link with the coastal vibe. Native landscaping will soften the exterior's natural textures, while interiors will revolve around stylish, functional and comfortable spaces.
Plan options cater for various needs
Considered thought with plans and decors ensure Bask appeals to a diverse range of people. Ideal as a holiday home, Bask suits professionals and is as appealing to families or empty nesters.
Three-bedroom townhouses on Oceanbeach Road's frontage are top-end – more space and higher specs; with living spreading through the middle level out to a large balcony, and bedrooms on the top floor. The other three-bedroom choice offers flexibility with the third bedroom. Tucked behind the kitchen, it becomes a multi-purpose room that allows options on its use.
High local investment
New Zealand Sotheby's International Realty consultant Luke Nobilo says current sales have predominantly been bought by local investors, but they are also receiving inquiry regionally with homeowners looking to downsize and live the beach lifestyle the Mount offers.
"Having the beach only a two-minute stroll away has real pulling power. With Bayfair a minute's drive away, golf courses, Mt Maunganui and arterial highways, it's a great location."
Together with Susie Laery, they believe investing in Mt Maunganui is an incredible opportunity for the future.
"At the entry price point Bask offers, it's fantastic buying. Only 15% deposit is required when you sign up and the remainder is payable on settlement. With the Mount market so buoyant, it's likely the value will have increased by that point and you will actually have seen a capital gain in your purchase."
Prices at Bask start from $895,000*.
*Only 1 unit available at this price
Contact today:
Luke Nobilo:
M: 021 321 873
E: bask.living@bopnzsir.com
Susie Laery:
M: 020 4159 7533
E: bask.living@bopnzsir.com