Ambury Park Lane is a development of 18 individual houses in Mangere, Auckland. Approximately 160m2 each, the project’s modern and architectural homes have an average value of $1.1 million. Spinnaker funded the project to roughly 80% of cost, with no presales. This helped the developer command a premium price on the project’s completion.
When the project’s finish date was pushed back due to construction and infrastructure delays, Spinnaker worked proactively with the developer. We were able to provide the additional time needed to complete the project, and see all 18 of the premium homes sold.