Northbrook Wynyard Quarter to be city’s 1st vertical retirement village: $750m plans, $13.75m penthousesPosted by MMP News AuthorOn June 9, 2023
Julian Cook and Chris Meehan inside the new $4m showroom on Beaumont St. Photo / Dean Purcell
NZX-listed Winton Land has a $750 million scheme for Auckland CBD’s first vertical retirement village and to redevelop part of Wynyard Quarter’s waterfront edge, refurbishing and rebuilding a 1.7ha site.
Units up for grabs include 604sq m penthouses with four bedrooms and 3.5 bathrooms, on sale from $13.75m.
A 12-level 154-unit retirement village, 200-seat wedding venue, new 250-seat waterfront dining/bar building, outdoor pool in a resort-like zone for village residents, new marina piers, dredging the seabed to make it deeper, a new marina and refurbishing many other surrounding buildings are part of the plan for the site.
Winton chief executive Chris Meehan and director Julian Cook took the Herald on a tour on Thursday, opening the $4m purpose-built show suite, 136 Beaumont St.
Cape Interiors + Construction built a new standalone apartment to show buyers what’s being offered.
The retirement village site is freehold while Winton’s waterfront side of Beaumont St is leasehold in perpetuity to Viaduct Harbour Holdings, lease payments reviewed every seven years, with another four to run in its current term, Meehan said.
Marketing starts today for the retirement village to be built by Icon. The display suite is also open to the public today from 10am-4pm.
The vertical village will rise on the site of a now-ditched scheme by one of China’s wealthiest…
