Commercial

Waiwera set to make a splash as hot property

As if to prove property ain't dead yet, developers are about to turn the first sod on a $200 million-plus redevelopment of Waiwera's famous thermal pool complex as the nation's first international spa resort.

Monday, November 29th 2004

The existing hot pools, motor camp and dumpy "hotel" - read "watering hole" - north of Auckland will be levelled to make way for a four-star hotel, a 3000sqm "wellness" spa, a conference centre and a range of investment accommodation.

The demolition of the old beachfront hotel will begin in two weeks, and Fletcher Construction will start work on 215 investment apartments and villas in the New Year.

Promotional fliers on the latest "investment opportunities" have started doing the rounds in glossy real estate publications around New Zealand and overseas.

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Property investors refocus on cash flow

Unity First Home Buyer special	3.99
ICBC	4.25
SBS FirstHome Combo	4.29
Co-operative Bank - First Home Special	4.35
Co-operative Bank - Owner Occ	4.45
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
SBS Bank Special	4.49
Unity Special	4.49
Westpac Special	4.49

Westpac Special	4.45
BNZ - Std	4.49
Kiwibank Special	4.49
TSB Special	4.49
ANZ Special	4.49
ASB Bank	4.49
Co-operative Bank - Owner Occ	4.49
ICBC	4.59
Wairarapa Building Society	4.59
SBS Bank Special	4.65
Unity Special	4.65

SBS Bank Special	4.99
Westpac Special	4.99
ICBC	4.99
BNZ - Std	4.99
ASB Bank	5.15
Co-operative Bank - Owner Occ	5.19
ANZ	5.39
AIA - Go Home Loans	5.39
TSB Special	5.39
Kiwibank Special	5.39
Kainga Ora	5.49

SBS Construction lending for FHB	3.74
CFML 321 Loans	4.25
AIA - Back My Build	4.44
Co-operative Bank - Owner Occ	5.30
Co-operative Bank - Standard	5.30
ICBC	5.39
Heartland Bank - Online	5.45
Kiwibank - Offset	5.80
Kiwibank	5.80
ANZ	5.89
TSB Special	5.94

Commercial

Waiwera set to make a splash as hot property

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