GYP Properties Limited

Bellfield Estate FAQ

 
BellfieldEstateFAQ.jpg
 

BELLFIELD ESTATE - FAQs

Who has bought the property?
GYP Properties Limited acquired the property from Motleon Limited in 2017 through our subsidiary Bellfield Estate Limited.

Isn’t there an encumbrance on the former golf course property?
There was, however Motleon paid an amount to Auckland Council to uplift the encumbrance. That money will be spent on improvements and facilities at Opaheke Park to benefit the local community.

What is the programme?
Bulk earthworks have commenced and civil works on the first stage will commence at the start of 2019.

How many houses will be built?
It is hoped to develop approximately 500 homes. Papakura is considered an area of high demand for new homes.