160 Mazengarb Road, Paraparaumu

Nestled at 160 Mazengarb Road, Paraparaumu, Odesa offers a collection of forty-one architecturally designed villas that blend timeless charm with contemporary living. This thoughtfully planned development invites you to choose from one, two, or three-bedroom typologies, all designed with accessibility and comfort in mind. Each villa boasts sun-filled private courtyards, secure off-street parking, and spacious interiors that emphasize seamless indoor-outdoor flow.

At the heart of Odesa is a vibrant Central Green, a tranquil communal space where families can gather, children can play, and pets can roam freely. The homes feature elegant gable-style architecture, combining brick and vertical metal in a palette of white, grey, and black to reflect the coastal aesthetic. Inside, the high-stud ceilings, sunlit rooms, and modern finishes create a harmonious blend of style and functionality. Whether you’re looking for a serene retreat or a home to grow into, Odesa offers a lifestyle that evolves with your story.

Life at Odesa is about balance, the perfect harmony of community connection, natural beauty, and modern convenience. With its distinctive design, coastal inspiration, and welcoming atmosphere, Odesa is more than just a home; it’s the foundation for a lifestyle you’ll love. Explore the possibilities and make your next move to Odesa, where every day feels like a step closer to your ideal coastal living.

Completion due Q1 2026

 
 

Location

The location is equally impressive, with the Kāpiti Coast’s stunning beaches, boutique stores, and outdoor adventures just moments away. Enjoy leisurely walks at Mazengarb Reserve, play a round at Paraparaumu Beach Golf Club, or explore scenic cycling and walking trails. Commuters benefit from excellent public transport links and quick access to the expressway, making Wellington just a 35-minute drive.

  • Paraparaumu Beach 1.8km

  • Paraparaumu Beach Golf Club 3.3km

  • New World Kapiti 3.4km

  • Paraparaumu Station 3.8km

  • Wellington 55.3km






Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.



Investment Analysis

Paraparaumu, situated on Wellington's Kapiti Coast, is quickly becoming a sought-after location for property investment. Its blend of coastal charm and urban accessibility makes it an appealing choice for those looking to invest in residential or rental properties. With its proximity to pristine beaches and a short commute to Wellington City via the Kapiti Expressway or train, Paraparaumu attracts a broad range of tenants, from young professionals to families seeking an exceptional lifestyle.

The local property market is bolstered by Paraparaumu's strong infrastructure and amenities. The town offers a variety of housing options, from modern family homes to low-maintenance apartments, catering to diverse investment strategies. Recent infrastructure improvements, including the Kapiti Expressway, have significantly increased the area's accessibility, while thriving retail hubs, quality schools, and recreational facilities enhance its appeal to potential buyers and renters alike.

As demand continues to grow, Paraparaumu offers strong potential for long-term capital growth and rental returns. Its affordability compared to central Wellington makes it particularly attractive for investors seeking high-value opportunities in an up-and-coming area. With its expanding population and ongoing development, Paraparaumu is positioned as a prime spot for property investment on the Kapiti Coast.


Investment Overview

Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold

Investment Type

Dwelling: Standalone Villa Growth: High Yield: Moderate Pros: Low maintenance

Suburb Performance

Median sale price 10 years: +117% Median sale price 20 years: +271% Capital growth 10 years: 8.06% Capital growth 20 years: 6.77%