A Unique No Deposit Opportunity

Property listing ID: 933529

Bedrooms
5
Bathrooms
4
Garage
2
Covered parks
2
Land area
941m²
Price / method
For sale by negotiation

Expected completion: approximately 3 months, subject to Code Compliance Certificate (CCC) being issued. The developer of 64 Codrington Crescent is offering what is believed to be one of the most flexible pre-completion buying opportunities currently available in the Auckland market. Qualified purchasers have the opportunity to secure a position on this exceptional new home with: • No deposit payable upfront • An agreed purchase price locked in today • The ability to enter into a conditional Sale & Purchase Agreement prior to completion • Flexibility to cancel prior to the agreement becoming unconditional In a market where substantial deposits are typically required well before completion, this structure offers purchasers a rare opportunity to secure a premium new residence without tying up immediate capital during the construction phase. How the opportunity works: • The purchaser and vendor agree on a purchase price upfront • The purchaser enters into a conditional Sale & Purchase Agreement • No deposit is payable upon signing the agreement • The agreement will contain conditions allowing the purchaser the ability to cancel the agreement prior to becoming unconditional • Should the purchaser elect not to proceed, the vendor may then offer the opportunity to the next registered purchaser in line This initiative is being offered as a genuine one-off opportunity by an entrepreneurial developer prepared to approach the market differently from the traditional pre-sale model. Importantly, the developer is highly experienced and has successfully completed multiple premium residential projects. They are well regarded for delivering high-quality homes with strong attention to detail, finish, and long-term design integrity. For purchasers, this creates an opportunity to secure early access to a newly completed premium home in one of Auckland’s most tightly held coastal suburbs, while retaining an uncommon level of flexibility and preserving capital until completion. To avoid doubt: • Any purchase remains subject to the terms and conditions contained within a formal Sale & Purchase Agreement • Purchasers are strongly encouraged to obtain independent legal and financial advice prior to signing any agreement • The vendor reserves the right to negotiate with subsequent parties should an existing conditional agreement be cancelled or not proceed • Completion timeframes remain subject to construction progress and CCC issuance Further information regarding specifications, completion timing, and the developer’s previous projects is available upon request.

Listed by Barfoot & Thompson , Verena Ryan (Remuera) , Paul Neshausen (St Heliers)