13/05/2026
A Unique No Deposit Opportunity
64 Codrington Crescent
Expected completion: approximately 3 months, subject to Code Compliance Certificate (CCC) being issued.
The developer of 64 Codrington Crescent is offering what is believed to be one of the most flexible pre-completion buying opportunities currently available in the Auckland market.
Qualified purchasers have the opportunity to secure a position on this exceptional new home with:
• No deposit payable upfront
• An agreed purchase price locked in today
• The ability to enter into a conditional Sale & Purchase Agreement prior to completion
• Flexibility to cancel prior to the agreement becoming unconditional
In a market where substantial deposits are typically required well before completion, this structure offers purchasers a rare opportunity to secure a premium new residence without tying up immediate capital during the construction phase.
How the opportunity works:
• The purchaser and vendor agree on a purchase price upfront
• The purchaser enters into a conditional Sale & Purchase Agreement
• No deposit is payable upon signing the agreement
• The agreement will contain conditions allowing the purchaser the ability to cancel the agreement prior to becoming unconditional
• Should the purchaser elect not to proceed, the vendor may then offer the opportunity to the next registered purchaser in line
This initiative is being offered as a genuine one-off opportunity by an entrepreneurial developer prepared to approach the market differently from the traditional pre-sale model.
Importantly, the developer is highly experienced and has successfully completed multiple premium residential projects. They are well regarded for delivering high-quality homes with strong attention to detail, finish, and long-term design integrity.
For purchasers, this creates an opportunity to secure early access to a newly completed premium home in one of Auckland’s most tightly held coastal suburbs, while retaining an uncommon level of flexibility and preserving capital until completion.
To avoid doubt:
• Any purchase remains subject to the terms and conditions contained within a formal Sale & Purchase Agreement
• Purchasers are strongly encouraged to obtain independent legal and financial advice prior to signing any agreement
• The vendor reserves the right to negotiate with subsequent parties should an existing conditional agreement be cancelled or not proceed
• Completion timeframes remain subject to construction progress and CCC issuance
Further information regarding specifications, completion timing, and the developer’s previous projects is available upon request.
