These townhouses still sold out in a market downturn! What matters most to developers when subdividing townhouse developments?
Terraced houses and townhouses have recently become a major focus of property investment, attracting considerable investor interest with their value for money and strong investment returns.
Over the past year, high interest rates have weighed on New Zealand’s property market, with both sales volumes and house prices falling. Yet even in these conditions, the following 3 townhouse developments in Remuera, Glen Innes and Panmure, designed by architectural practice SquareTomato Architects, went on the market last year and sold out quickly at good prices.
Leybourne Circle, Glen Innes
Court Crescent, Panmure
Grand Drive, Remuera
SquareTomato Architects is an Auckland architectural practice with a team of 5 designers and 2 New Zealand registered architects. Its completed work includes residential, interior and commercial projects. Specialising in the design and subdivision of terraced housing and townhouse developments, it provides design services from early project advice, such as planning dwelling numbers and associated facilities, through to preparing drawings and documents for consent applications.
The practice approaches projects from a developer’s perspective, considering both the maximum development value of the land and the needs of future buyers. Its designs prioritise practical interior layouts, aiming to create popular homes that buyers find comfortable to live in. Even during the property market downturn of 2022–2023, SquareTomato Architects’ projects remained popular with buyers and sold out quickly at excellent prices, standing out from other developments.
SquareTomato Architects’ experienced team helps developers identify and resolve potential problems early, from initial project advice through the design process for resource consent and building consent applications. This can save substantial time and construction costs later.
SquareTomato Architects also grounds its designs in practicality and professional standards. Working closely with planners and engineers to meet current Auckland Unitary Plan requirements, it seeks to secure council approvals as quickly as possible. It makes every effort to solve clients’ problems and maximise profits while keeping projects within their initial budgets and competitive in the market.
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Contact details
099701017 jason@squaretomato.co.nz www.squaretomato.co.nz |
