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.