In the centre of Hamilton’s central business district, a quiet revolution is happening.
With the demand for residential housing high, smart developers are creating innovative inner-city apartment options that are luring home owners out of the suburbs.
Parkhaven Luxury Apartments, at 220 Tristram Street, is one such development leading the way in changing the residential landscape for the Waikato region.
The complex was designed by Edward White Architects who are behind the design of Victoria on the River and the Genesis building on Bryce Street in Hamilton.
It is the first purpose-built, mixed-use complex of its kind in Hamilton – combining residential living and commercial space in one five-storey
building.
The first residents moved into the complex in February.
The first two floors of Parkhaven contain retail and office space, while the upper three levels include 16 premium apartments and five penthouse apartments.
The 21 apartments range in size from a one-bedroom to a three-bedroom, two bathroom 203-square-metre space.
Seven of the 21 apartments were sold off the plans before construction and 19 of the 21 had sold prior to the code compliance certificate being issued.
The apartments sold for $439,000 for a single-room apartment with a deck to $1,020,000 for the largest penthouse suite.
Lodge Real Estate’s managing director Jeremy O’Rourke says the receptivity of the community to this new living concept is a sign of a maturing city.
“Parkhaven is one example that shows there is a trend towards urban living in Hamilton.
“This is something that has been commonplace in many larger cities, but is now taking off in regional centres,” says O’Rourke.
“We’ve noticed the demand for homes near the Hamilton CBD has increased over the past year and we predict this will continue as Hamilton’s population grows and developers build more innovative residential options.
“Parkhaven was the first mixed-use apartment complex built in Hamilton and it’s been exciting to work alongside developers and city officials to offer something new.
“There has been a lot of investment in revitalising Hamilton’s CBD and this is another great example of vibrant inner-city growth.”
O’Rourke says Lodge Real Estate initially met with hesitation towards the complex.
“With less than 20 existing apartment options available in Hamilton, all clustered around the CBD, unfamiliarity with apartment living meant some potential buyers were initially cautious.”
However, the convenient location and focus on high-quality features drew in forward-thinking buyers.
Lodge Real Estate works in partnership with residential property developers to handle all aspects of marketing and sales from the time plans are ready through to development completion.
Developers wanting more information can phone Lodge Real Estate, 07 838 0044.



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