A picturesque environment.
About Parawera residential sections.
A stunning combination of lakefront and hilltop sections, Parawera offers astute property owners the opportunity to build their idyllic residences amongst prime peninsula land.
The picturesque environment that embraces the magnificent offering of bush-clad undeveloped sections is beyond compare. With commanding views of the lake and surrounding native bush. There are 75 residential sections within the Parawera development (Lots 1-75) at the southern end of exclusive Acacia Bay.
Ranging from approximately 700sqm to 2,256sqm, the average section size is about 1,100sqm.
Full services including town water supply, sewage connections, underground power and telephone services reach all sections.
This totally gated community benefits from full security features with programmable access, CCTV and security gates.
Community facilities
The community facilities are no less impressive and comprise of the following:
Large indoor swimming pool, complete with lane markings, to enjoy year-round swimming
A community centre where you can host functions for your friends and family, including a lounge area, al-fresco dining and socialising area, built-in BBQ as well as male and female toilet and shower facilities.
Two tennis courts, one with some of the best views in Taupo.
A cedar-lined sauna
Indoor spa pool
A full gym facility
Each residential section is owned under a long sublease, for a term of 80 years, which expires on 30 December 2083. The right of first refusal of a new sublease for a term of 80 years is set out in clause 13 of your sublease.
Such right is subject to and conditional upon the lessor of the Parawera development being able to secure a renewal of the headlease from the freehold owner.
If the sublease cannot be renewed, then the lessor is obliged to buy back any dwelling or other structure on the section and must pay the leasehold owner a sum that is essentially set as 85% of the improvements value of the property. The specifics are detailed in the valuation methodology set out in clause 8.2 of the sublease.
The sublease also contains various covenants, which you as lessee owner, must observe and perform including the obligation to develop and build your section in accordance with the Resource Management Consents (see link below) and to pay the rent reserved under the sublease to the lessor.
We recommend you obtain independent legal advice when buying a residential section to ensure you understand the legal obligations you will be assuming as sublease owner.
About Parawera properties - Covenants & Protection
Parawera properties are designed to be class-leading whilst sympathetically fitting into their surroundings. This is why all Parawera properties are protected by covenants that are required to be followed in developing your slice of paradise, to ensure that your home fits in with the surrounding bush setting.
The process is actually very simple and is detailed in the original Resource Consent and Covenants that is available to be viewed here:
The process is as follows:
Purchase.
Purchase your dream section and instruct an architect or qualified designer.
Design Guidelines.
Ensure your designer or architect has read and understood the Design Guidelines that relate to Parawera. These can be downloaded here
Parawera Consultant Design Group (CDG).
If needed - get your architect or designer to make contact with members of the CDG to discuss what is required of your design.
Design Complete.
Once your design is complete, submit your design to the CDG. They meet monthly or as required to approve designs.
Approval
Once your design has been approved, lodge a building consent with the Taupo District Council (TDC) and await your building consent.
Start building.
Once consent is granted, start building your dream home.
Please note the following:
You are not able to clear your section until your have submitted a complying landscape plan to the CDG. This is because a fundamental cornerstone of the Parawera Resource Consent is the retaining of its natural bush surroundings.
Any residents who clear their sections in breach of the resource consent will be required to re-instate the cleared vegetation prior to being allowed to build, or sell their property. It is important to comply the Resource Consent conditions at all times.
