Cropa

Vibe Group is a New Zealand based property investment, development, and project management group, that has both residential and commercial properties and projects throughout NZ.

We’re Vibe Group.  A family-owned development business run by Aaron and Shannan Bennett based in the Waikato.

 

The Cropa team approached us to see whether we had any opportunities that could suit farming families who, after years of pouring everything back into the farm, are finally starting to get a bit more flexibility to diversify into off-farm investments.

 

We were genuinely excited to hear that because we strongly believe property can be a great long-term investment, particularly when you buy the right type of property for your stage of life and what you’re trying to achieve.

 

We don’t just develop property to sell.  We invest in property ourselves, and the three opportunities below are projects we genuinely believe in long term.

 

They are all quite different investments.  One is more of a straightforward investment play with good fundamentals, strong rental demand and long-term upside. One is a premium Hamilton base that can also generate strong rental or Airbnb income and long-term growth.  The other is more of a lifestyle investment that could become a future retirement spot or family asset while still generating income and long-term growth in the meantime.

Latest Developments

1068 & 1070 River Road, Queenwood, Hamilton.

If you’re looking for a straightforward residential investment that should be easy to own, rent well, and hold its value over time, River Road is a really strong option.

 

The development is located in a very good part of Hamilton near Queenwood and Harrowfield.  Two areas that have always been well regarded and should continue to be given the riverside location, established higher-value homes, and strong tenant demand.

 

These townhouses are not trying to be ultra-flashy or overcomplicated.  The appeal is that they should be attractive, solid, low-maintenance homes in a good area that rent well and make practical long-term investments.

 

Another thing we really like about this opportunity is that you are getting in off the plans now.  You only pay a 10% deposit upfront, with no further payments until completion, which is expected around mid-2027.  If the Hamilton market strengthens again over that period, there is potential for you to experience growth even between signing the contract date and completion.

 

The development is also being built and backed by Classic Builders, which gives buyers the comfort of dealing with one of New Zealand’s most established and trusted building companies.

Development Summary

 

  • 17 architecturally designed townhouses

  • 15 x Two Bedroom, Two Bathroom Units

  • 2 x Three Bedroom, Two Bathroom Accessible Units

  • Contemporary low-maintenance designs

  • Brick and Linea cladding

  • Private outdoor courtyards

  • External storage included with every unit

  • Fully landscaped for strong street appeal

  • River, gully, and golf course outlooks

  • Built by Classic Builders

  • 10-Year Structural Warranty

Development Layout

 

Block A

  • 5 x Two-storey, Two Bedroom townhouses

  • Elevated outlooks over the Waikato River

Block B

  • 2 x Accessible Three Bedroom units

  • 2 x Two Bedroom units

Block C

  • 8 x Two Bedroom units

  • Positioned overlooking a private landscaped gully

Rental Appraisals

  • 2 Bedroom Units: $630 – $660 per week

  • 3 Bedroom Units: $730 – $760 per week

Indicative Pricing

  • From $699,000

Estimated Gross Yield

  • Approx. 4.8% – 5.2% gross yield

 

2 Woodstock Road, Hamilton

Woodstock is a completely different type of opportunity compared with River Road.

 

These homes are already completed and ready to move into, rent long-term, or place straight onto Airbnb immediately.

 

They are also a much higher-spec product, which is why they sit at a higher price point. Larger floorplans, double garages, private lift access, designer kitchens with sculleries and premium finishes throughout. The goal here was to create genuinely high-quality homes in one of Hamilton’s best city-fringe locations.

 

The location is a huge part of the appeal. You’re right near the river, while also tucked behind a boutique strip of shops and cafés within walking distance to Hamilton CBD.

 

These homes could work really well if you:

 

• Want a quality Hamilton base
• Need somewhere to stay during Fieldays or business trips
• Want accommodation for children later on if they study in Hamilton
• Like the idea of a premium rental or Airbnb investment
• Want a higher-end long-term investment in a tightly held area

 

Development Summary

 

• Great Airbnb opportunity with strong demand during Fieldays and major Hamilton events
• Premium Hamilton location
• Four architecturally designed townhouses
• 3 & 4 bedroom configurations
• 3.5 bathrooms
• Double internal access garages
• Private lift access
• Designer kitchens with scullery
• Covered outdoor entertaining decks
• Generous bedroom and living spaces
• High-spec premium finishes throughout

 

Rent Appraisals

 

3 Bedroom: $850–$950 per week
4 Bedroom: $950–$1,050 per week

Airbnb Appraisals

3 Bedroom: $900–$1,200 per week
4 Bedroom: $1,000–$1,500 per week

 

Retail Pricing

 

From $999,000

Estimated Yield

Approx. 4.8%–5.2% gross yield

99 Citrus Ave, Waihi Beach.

Waihi Beach is more of a lifestyle investment, but one that could also deliver strong long-term upside.


If you’ve ever talked about eventually owning something at the beach, the reality is that locations like Waihi Beach are only becoming harder to buy into over time.


This subdivision is already constructed and titles are expected shortly, meaning you can get moving with building straight away rather than waiting years for development works and infrastructure to be completed.


The location is exactly what most people picture when they think about owning at Waihi Beach — beach walks, morning swims, fish and chips by the beach, walking to cafés and the village, and having somewhere the family genuinely wants to spend time.


The subdivision itself also includes direct beach access via a walkway, pickleball and basketball areas, and landscaped recreational spaces.


This could work really well if you’re wanting:


• A future retirement spot
• A family beach house
• Somewhere the kids and grandkids will enjoy for years
• An Airbnb investment you can also personally enjoy
• A foothold in Waihi Beach before prices move further


Long-term rentals are also in short supply in Waihi Beach, helping support ongoing rental demand.


Development Options & Pricing


• Holiday home opportunity
• Great Airbnb opportunity
• Strong long-term capital growth potential
• Waihi Beach currently considered undervalued
• 15 sections available between $549,000–$749,000
• House & Land Packages available from $869,000


If any of the above sounds like it could fit with what you’re trying to achieve, feel free to get in touch. We’d genuinely be happy to have a chat.

Contact us

Aaron Bennett

Aaron Bennett  021 748 688