38 | Investment opportunities in desirable Parnell The development offers a range of options, including studio, one-bedroom, and twobedroom apartments (pictured). T T from page 36 Safari Group - Augustus Park Parnell DEVELOPMENT The building’s structure is equally impressive, featuring solid steel framing and concrete floors. A unitised curtain-wall façade system, designed by Plus Architecture, ensures ample natural light, weather-tightness, and thermal and acoustic insulation. “A clean aesthetic has been achieved, giving the building visual recognition while providing visual interest, from both immediate and distant viewpoints. The curtain- wall system is made up of a high density of folded façade panels organised in a random pixelated pattern, giving a sense of play and interaction through the composition of solid and glazed panels.” Residents of Augustus Park Parnell will enjoy exclusive access to a gym within the development. The location itself is a major draw, situated in the Double Grammar Zone, and offering easy access to Auckland’s CBD, Britomart, Spark Arena, and the vibrant Parnell Rise area with its array of bars and restaurants. The development also includes two retail spaces on The Strand and 42 car parks allocated over three car park stackers, going up three storeys high. This addition further enhances the mixeduse nature of the property, potentially adding value for investors and residents alike, says Josh. Safari Group, known for delivering hotel and residential units across New Zealand for over 25 years, has brought its comprehensive approach to the development. Its integrated method, which covers all aspects from acquisition and permitting to sales, marketing, and construction, ensures efficient management throughout the project’s lifecycle. Construction of the project, led by the Safari Construction team under the direction of Richard De Groot, began in December 2021 and was completed in July 2024. The project was funded by PAG, which Josh describes as “brilliant to partner with”, along with their Bank QS, BBD. “The location of La Quinta Parnell and Augustus Park Parnell makes them really appealing for tenants, homeowners, and those looking to stay in a great hotel while visiting Auckland. “We expect the properties to value well over time, due to all these factors.” The timing of the project couldn’t be better, with the area around The Strand undergoing significant transformation, says Josh. “Lots of activity on The Strand is transforming the area. A large commercial/office development is proposed next door to us. “This ongoing development in the vicinity could potentially further increase the value and appeal of the property in the coming years. “Whether looking for a residential property in a prime location or a commercial investment in the hospitality sector, Augustus Park Parnell and La Quinta Parnell offer something for a range of investors.” With the hotel now open and residential units available, interested parties are encouraged to attend open homes to explore these opportunities further. Proud to supply Safari Group SECURITY | ACCESS CONTROL SYSTEMS | INTERCOMS STRUCTURED CABLING | AUDIO VISUAL 0800 342 342 | info@fgc.co.nz | www.fgc.co.nz Professional waterproofers and specialist membrane applicators Commercial & Residential Roofs | Decks | Gutters 0508 4TORCHON torchon@xtra.co.nz 86f Bush Road, Albany, Auckland, 0632 , New Zealand 09 414 7171 PH: 021 733 018 MOB: | o ce@apexsurveying.co.nz Proud to support Safari Group Mapping Your Vision with Precision and Excellence: Trusted Partner for all your Land Surveying Solutions
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