COMPLETED
The Park
Northcote, AucklandAn existing residential property in Northcote taken from feasibility and acquisition through reclad, renovation, sales management, and final sale.
Status
Completed
Location
6/13 Kaihu Street, Northcote, Auckland
Services
Feasibility / Acquisition / Reclad / Renovation / Sales Management
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.
Site TypeExisting Residential Property
StageCompleted
Project TypeReclad and renovation project
ScopeFeasibility, acquisition, reclad, renovation, sales management
Project Gallery
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Project Process
How Kaihu Street Moved From Opportunity to Sale.
This project was about taking an existing property, understanding the risk properly, improving it with purpose, and managing the path through to sale.
Acquisition
Once the numbers and pathway made sense, the property moved into acquisition with a clear understanding of what needed to happen next.Reclad
The reclad work addressed a key part of the property’s condition and helped create a stronger foundation for the renovation and sale strategy.Renovation
The renovation focused on improving the property in a practical, market-aware way — not overcapitalising, but making the right upgrades for the final outcome.Sales Management
Creston Property managed the sales process, making sure the improved property was positioned clearly and brought to market with the right buyer in mind.Related Projects
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