Eastgate Business Park
LAND SPECIFICATIONS: 22 ha orchard situated on the eastern arterial highway leading out of Rotorua (opposite the Airport)
DEVELOPMENT TYPE: Commercial Subdivision
SELL DOWN VALUE: $15,000,000
PRODUCT: 24 lots ranging from 1720m2 to 5.2ha
Eastgate Business Park on Rotorua’s eastern arterial route has set the benchmark for the city’s commercial and industrial sector. Innovative and versatile, the multi-use business park continues to capture the attention of the local community with its upmarket concept design. The emphasis is on quality, innovation and design.
On a par with international standards, the 22.5ha Eastgate Business Park comprises 24 individual sites across all stages of development. Eastgate Business Park is conveniently situated on State Highway 30 opposite Rotorua Airport, with the CBD just 12 minutes away.
Boasting a unique site-specific Commercial H zone, Eastgate Business Park has one of New Zealand’s most flexible zonings. This unique zoning allows for a wide range of uses including offices, retail, residential, tourist accommodation and commercial enterprise. This zone is effects-based, meaning, provided the activity does not adversely impact on neighbouring properties, the chances are consents for that activity will be granted.
Eastgate Business Park has strict covenants which cover building, landscaping design and form, materials, colour, reflectivity, signage and lighting, to name but a few. These strict covenants ensure the highest standard of development is created and maintained.
Conducive to fostering an enhanced working environment, Eastgate-based management and staff love the setting and location of the business park.
“The role that business plays in the main urban areas is always changing. Mindful of the potential adverse environmental impacts that industries can create, we have focused on establishing a business park that is both environmentally and user-friendly.”
Lake Vista Estate
LAND SPECIFICATIONS: 6ha of dry stock farm on the eastern fringe of Lynmore, Rotorua
DEVELOPMENT TYPE: Residental Subdivision
SELL DOWN VALUE: $7,500,000
PRODUCT: 61 sections
Lake Vista Estate comprises 61 sections sold down in three stages. Section sizes and styles were designed to suit a multitude of needs and cater for every type of buyer.
This subdivision not only offers spectacular scenery of Lake Rotorua and the surrounding countryside, it enjoys a blue chip location in a sought after enclave of Rotorua.
Sites are protected with covenants to ensure a high quality development, with housing plans reviewed to ensure they fit with the standard of the subdivision. All landscaping and building plans were signed off by a professional independent architect and member of the NZMBA.
When launched to the market, the result was a sell-out success. All sections were sold in three auctions over the three stages of release and sections reached record-breaking prices.
“Ultimately, it could be said that the complete sell-down took three hours and was the direct result of a first-class development.”
Lake Vista Estate has been a runaway success, setting the benchmark for future subdivisions to follow.
Parkland Estates
LAND SPECIFICATIONS: 225 ha dairy farm land, Pukehangi, Rotorua
DEVELOPMENT TYPE: Residential Subdivision
SELL DOWN VALUE: $12,000,000
PRODUCT: 34 lots ranging in size from 2500m2 to 6800m2 and two 18ha rural sections
A pioneering project that broadened horizons, innovative Parkland Estates created a new lifestyle paradigm for Rotorua. The gated subdivision welcomed the country to town with its 34 freehold parkland lots overlooking Lake Rotorua, Mokoia Island and the panorama of the Rotorua caldera. Not only was it a groundbreaking development, Parkland Estates was in hot demand well before being released to the market and sold out in less than two weeks.
A class development from the very beginning, the estate encapsulates the very essence of EDL’s motto: Enhancing Our Environment. Formerly a dairy run-off farm, the subdivision has been regenerated through revegetation and professional landscaping. Walking tracks, open grass areas and the planting of over 60,000 native trees create an aesthetic green environment, which is complemented by quality houses set on individually styled sites that blend with the surroundings.
This well thought-out project, executed in meticulous detail, involved extensive consultation. EDL worked collaboratively with iwi to ensure the preservation of an historical pa site. Directors also engaged in collaborative consultation with local and regional council. Parkland Estates was created from Rural A land under an intense district plan change process, with the final outcome the creation of a new zone.
Sites are fully serviced and have strict landscaping and building design guidelines. Protective land covenants mean that eco-sensitive Parkland Estates will retain its value and legacy well into the future.
Marketing statistics reveal that housing prices in the area have increased as a direct result of this remarkable, leading-edge development.
Whitianga
WATER VIEW DEVELOPMENT: Whitianga
LAND SPECIFICATION: Two 371sqm Sections
DEVELOPMENT TYPE: Town Houses
SELL DOWN VALUE: $4,000,000
PRODUCT: Two High Quality Exclusive Town Houses
These two sections are situated opposite the Whitianga Marina overlooking an established Pohutukawa studded park, right in the township of Whitianga.
This position demanded high quality exclusive Town Houses that captured the magnificent view, open spaces and provide a life style opportunity for its owners. Located in town with cafes, shops and 3 minutes to the Marina and easy access to the Coromandel’s water sports.
The design concept captures open space downstairs with the lounge, kitchen and entertaining areas with ample garaging at the rear.
The 2.7m stud height, full height joinery and wide opening glass doors opening onto decks allow the outside scenery to be part of your daily living experience.
The top floor included three and four bedrooms with en-suites and family lounges.
High quality Smeg and Miele appliances throughout with granite bench tops and Italian tile floors all combine to produce a superior quality living experience.
