As New Zealand adjusts to life under lockdown, the Team at Myland Partners are thrilled to introduce Cardinal West to our valued clients.
This is a unique opportunity for Builders and Investors to get in at the ground floor and purchase sections with very competitive and flexible pricing.
After the successful completion of over 700 sections in our last two developments at Malbec – Westgate and Manawa – Scott Point, we are proud to announce another ground-breaking development in the largest rezoned residential area in Auckland.
Invest in growth
Cardinal West is a 450 lot greenfield development located in Red Hills, the prime precinct of Westgate. North facing, it’s situated perfectly to make the most of the rapidly developing communities of Auckland’s North Western corridor.
Future proof design
Designed by quality architects, urban and landscape designers, the Cardinal West masterplan encapsulates the very latest thinking in intelligent urban design. Strict compliance to the resource consent conditions, typical of a high quality integrated development, will ensure product consistency throughout the project.
But what about housing market demand?
Migration is still high with over 224,000 new migrants arriving in New Zealand over the last four calendar years.
There is still a shortage of houses. In fact, even with the record house building of the last four years, that shortage has risen by another 50,000 houses.
What about prices?
It’s hard to go past this summary from Tony Alexander – one of New Zealand’s most respected economists, who has this to say:
“In the five years after the Asian Crisis average NZ house prices rose by 45 percent after rising by 24% in the three years preceding the recession. In the five years after the GFC average prices rose by 24 percent nationwide with Auckland ahead 58 percent, after prices rose just 14 percent in the past three years with Auckland ahead only 2 percent. Hang on in there is ultimately the message.”
– Tony Alexander is an economics commentator and former chief economist for BNZ.
