COMPLETED

The Park

Northcote, Auckland

An existing residential property in Northcote taken from feasibility and acquisition through reclad, renovation, sales management, and final sale.

The Park residential project in Northcote
Status

Completed

Location

6/13 Kaihu Street, Northcote, Auckland

Type

Residential townhouses

Outcome

An existing residential asset improved, repositioned, and sold.

Project Overview

From Feasibility to a Stronger Sale Position.

Kaihu Street started with a simple question: was the property worth taking on?Before acquisition, we looked at the condition of the asset, the likely reclad and renovation requirements, the cost, the risk, and the potential resale position.Once the opportunity made sense, Creston Property moved forward with the acquisition and stayed involved through the reclad, renovation, and sales management.The goal was not just to improve the property. It was to make the right decisions early so the asset could be brought back to market with a clearer, stronger position.

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