LAND SALES
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Generous lifestyles
Lake View Estate is a private residential community spanning over 200 hectares with 56 existing properties. Stage Two will bring a further 67 lifestyle sites to the market. Residents will enjoy unique outlooks, including wide coastal views, a lake setting, along with wetlands, native bush and rolling hillside. All sites are generous in size, ranging from 4,000sqm to 3.5 hectares. Take a look at our FAQ page for more information. To see a Masterplan please send us an enquiry.
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Doing it right
Lake View Estate is about having a positive impact on the environment from the get-go and beyond. The developers, Vermont Street Partners, intends to restore 39 hectares of native eco systems and wetlands as part of their commitment to creating an outdoor environment that is innovative, valued and timeless. Read more about our commitment to sustainability here.
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Timing
In June 2022 Kaipara District Council granted resource consent for this development. As a result of an appeal in the Environment Court and changes to market conditions, construction of Lake View Estate Stage Two is not expected to commence until October 2025. We intend to relaunch the project in early to mid 2025. Vermont Street Partners remains committed to delivering the project and galvanising the many benefits for the wider community.
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Price indication
Strong demand exists for quality land in Mangawhai against limited availability. To secure your lifestyle here, sections will be priced from NZD$600,000. For a current price list and information on purchasing – please enquire today.
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Market reflections
The Mangawhai residential property market continues to be affected by high interest rates and uncertainty around steps the RBNZ may take to manage inflation. Notwithstanding the current credit environment Mangawhai continues to benefit from improving infrastructure, proximity to Auckland and increasing investment from domestic and international stakeholders. As of January 2024 REINZ report the average days on market has reduced to 55 days demonstrating good interest for vendors who are willing to meet the market. Quotable Value NZ reports “The latest QV House Price Index for January 2024 shows the average home increased in value nationally by 2% this quarter to $925,461, representing a faster rate of growth than in the three months to the end of December”. Lake View Estate will provide a further 67 new sites to satisfy interest from discerning buyers keen on joining Mangawhai’s vibrant lifestyle and escape volatility associated with other regional markets.
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Visit Us
We would love to welcome you on to Lake View Estate to come and see the land for yourself. Access to view Lake View Estate is via secure pin code gate and visitors are strictly by appointment only.