- The State of the NZ Property Market
- Tim Manning supports Fiji Island Rugby Team
- Vinaka vakalevu (thank you very much) for Project 2, says Performers4Poverty dynamo – now let’s do Project 3
- Major Kiwi property developer steps up to support a creative charitable project to help poor Fijian kids
- $500 million Albany CBD has been unveiled:
Auckland gets a northern rival with room to grow
- Go to Wellington young professional;
the property market is reinforcing it as the place to be
- A night to remember in a week that shocked the world: the Ernst & Young Entrepreneur of the Year Award 2001
- New Zealand property gets a
boost from positive migrant inflows
- A strange and unexpected consensus
on global warming in New Zealand
- Another side of Tim Manning
- Leading New Zealand Stage Performers, a ‘big heart’, Rushie and a GOLDENHORSE get together to “‘take it to Fiji”
- ACC ignores developers'
plea for an all-independent hearing on an apartment project
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Whisper Cove
Timothy Manning sells "the most desirable beach retreats" in Australasia to free himself to focus on a new opportunity
One of the most desirable beach retreats, Auckland’s prestigious and innovative beachfront development, Whisper Cove, has been bought by Sydney-based property financer, Lance Hodgkinson of Bluestone Property Services.
And it could almost be seen as keeping it in the family, since Hodgkinson originally brokered the deal with Babcock and Brown to fund Timothy Terence Manning’s much-admired development at Snells Beach, just north of central Auckland. The New Zealand Herald has reported that the project sold for $215-million, after being originally valued at $180-million meaning Manning has shown at least a 20 percent value enhancement on the original estimate.
Manning continues to demonstrate the golden touch in everything he does in the New Zealand property market; be it Auckland, Rotorua, Queenstown, Wellington or on the coast.
Hodgkinson, of all people, will know the financials inside out and he was still prepared to put the money down(it was he who described it to the New Zealand Herald as one of the most desirable beach retreats). He is said to have told colleagues that he believes he has got the best beach development in Australasia at what he reckons in time will be seen to be a bargain. Manning is typically not available to comment and is believed to be head-down and hard at it, leaving punters to speculate where he will weave his magic next.
The 16 ha private beachfront site at Kawau Bay was put together – as legend would have it – by Tim Manning after he had flown the length and breadth of New Zealand looking for the perfect site. He is a known perfectionist who wanted privacy and security to be paramount at Whisper Cove. Most of the buyers of the 160 villas and apartments are thought to be wealthy overseas buyers and investors looking for those features.
Robert Railley, one of New Zealand’s top architects and head of design at Swan Railley and Associates is enormously proud of the way the creative architectural design and the solidly built structures have blended in the development which is expected to scoop many awards on completion. He predicts that the project will be complete by 2009.
