Central Mews is a large-scale development in Bayfair, Mount Maunganui. The 72 townhouses are valued at an average of $550,000 each, and range between 76m2 and 119m2. Spinnaker provided development finance to over 80% of cost, with roughly 50% of the homes pre-sold.
The staged project wasn’t without its complications, with construction uncovering some land contamination issues. The Spinnaker team worked with the developers throughout the project’s challenges, helping bring the striking development through to completion in 2018.