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  1. #1

    Default Any suggestions on small/medium property developers in Wellington?

    First post and no experience in property development. Retired and looking to sell up and move to retirement community. Our section/house has good sized unused rear area with spectacular views 360 degree of wellington city and harbour entrance. Next door neighbour has same and is amenable to selling as well so as a parcel would offer lots of options. My question is can I get some suggestions as to developers/builders who can undertake a medium sized project 2-10 million is my wild guess. Thanks for any insight and or help.

  2. #2
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
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    635

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    Quote Originally Posted by retiredandpastit View Post
    First post and no experience in property development. Retired and looking to sell up and move to retirement community. Our section/house has good sized unused rear area with spectacular views 360 degree of wellington city and harbour entrance. Next door neighbour has same and is amenable to selling as well so as a parcel would offer lots of options. My question is can I get some suggestions as to developers/builders who can undertake a medium sized project 2-10 million is my wild guess. Thanks for any insight and or help.
    Is that a two ten million dollar stage developments ?
    A collegue of mine did a 102 unit residential development in Wellington a few years ago ...I could pass you over his number

  3. #3

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    Hi, thanks for your note/interest...no (well probably no) for the 2 times 10 million development. The space in my inexperienced opinion is going to be applicable for maybe 12 at most townhouses and or three/four up market homes. My gut tells me this is the sort of project for a builder with some financial backers and would be too small for your contact. However would like to speak directly with a developer or builder to get some professional eye to look regards to feasibility and or suitability. Its always nice to get recommendations from others who have been there and done that. Also we are not looking to fund or develop these properties for profit ourselves but looking to get some extra over our normal expected sale price. Obviously these projects require a lot of experience and knowledge to get the project priced, marketed and constructed towards the best outcome. I see profit to be made BUT I have no previous development experience (and no desire to be involved in one).
    Quote Originally Posted by Beano View Post
    Is that a two ten million dollar stage developments ?
    A collegue of mine did a 102 unit residential development in Wellington a few years ago ...I could pass you over his number

  4. #4

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    First-time poster. Long-time grateful reader of wise words from generous contributors to this site! We are interested to meet with you Retiredandpastit and explore your proposition. I have only just registered so I will find out how to make contact. I think we can PM each other, look forward to making contact!


 

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