Dual occupancyAuckland, Auckland
Dual occupancy · Avondale, Auckland
Strategy adjustment after market cools preserves Avondale project
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The numbers on this house
- Type
- Dual occupancy
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What happened on this one
The client purchased a large block of land in Avondale with an original plan to demolish the existing house and build three new homes, but rising interest rates increased financial pressure. After reassessment with adviser Phil MacEwen, the team decided to retain the original residence and add a new four-bedroom Camden home, reducing risk and securing rental income.
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Sources: a builder published price is a contract price the builder chose to make public and the platform does not guarantee it. An owner reported price comes from the owner and the platform has not checked it. A declared cost is the estimate an applicant lodged with government and is not a contract price. The three are measured differently, so they cannot be compared directly. A figure marked "On the builder's website" or "Budget on the builder's website" was read as written from the company's own site and is not a contract price.