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225 The Parade, Island Bay, 6023
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Racecourse Lane - Island Bay
Set in the heart of Island Bay on The Parade, this project perfectly balances relaxed coastal living with seamless access to the city. Boasting a flat, accessible location near the beach, it provides a rare opportunity to enjoy a relaxed village pace within reach of the capital’s heart.
Features:
• A range of 2 & 3 bedroom townhouses
• Living areas that open out onto private outdoor areas
• Flood resilient design
• Freehold title with a Residents Society to protect, maintain and insure common areas
• 10% deposit held in lawyers trust account, with the balance not payable until settlement.
• Healthy homes compliant
• Completion 4th Quarter of 2027.
• 2 bedrooms priced from $785,000.
• 3 bedrooms priced from $1,099,000.
Urban Company strive to create positive outcomes for our environment by choosing sustainably made, high-quality products that are manufactured responsibly and ethically whenever possible. You will have the freedom to choose from a variety of options to create a space that truly reflects your personal style. With customised kitchen and bathroom packages, our team will guide you through the selection process, ensuring your home is tailored to meet your unique vision. Lift options available for the 3 story townhouses.
Block A: 3 bedrooms, 3 bathrooms, internal floor area 149m2.
Block B: 3 bedrooms, 3 bathrooms, internal floor area 162m2.
Block C: 3 bedrooms, 2.5 bathrooms, internal floor area 140m2.
Block D: 2 bedrooms, 1 or 2 bathrooms, internal floor area 80m2.
The site is located at the centre of the historic Island Bay Racecourse. Originally opened in 1882, this storied racing track is now being transformed into Racecourse Lane, a modern community of 19 townhouses that celebrates the area’s unique heritage.
Designed for resilience, built for the future - our development elevates modern living above Island Bay’s flood risks through smart design, raised floor levels, and robust foundations. Our future-focused approach delivers confidence through design.
Urban Company Projects for Sale:
Island Bay: https://www.agentsend.com/RACECOURSELANE
Kilbirnie: https://www.agentsend.com/IX8V
Wadestown: https://www.agentsend.com/HEPQ
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
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