AUCKLAND: Micro-condos are very small condo units ranging in size from 220-400 sq. ft., but typically we see them range between 250-350 sq. ft. These units are expertly designed to maximize space so you still have all of the creature comforts. Fold away furniture is standard issue. A bed will fold up to make room for a kitchen table. Storage space is created in every nook and cranny and is collapsible or can be hidden. Every inch is used to its maximum potential.
The market is solo seniors, students, single professionals, and first-time buyers. These are clients willing to trade personal, private space for more public space. For example, one might use a coffee shop as a sort of living space. Individuals buying these units typically want to live in the downtown core without paying downtown prices…