The Fermah Group has more than 20 years experience as developers and investors in commercial and residential real estate in the Bay of Plenty, Auckland and Waikato. This is complemented by their very successful track record operating retail and other businesses, ensuring their developments work for both tenants and owners.
Commercial Property Division
The Commercial division specialises predominently in retail developments from Taupo through to Auckland, mixing industrial and office opportunities. Tenants have included some of Australasia’s largest blue chip companies. A lot of our strength in this sector comes from our direct experience running retail businesses. The Fermah Group has more than 20 years experience operating retail businesses from fashion to music, hi-fi and video rental. We understand what makes a successful retail business and build that expertise into our property deveopments.Residential Property Division
The Residential division specialises in medium sized subdivisions from 8 to 25 sections. Most subdivisions are fully completed house and land packages marketed not only to the Group's ever-growing client base but also to new clients. The Fermah Group owns the Modulock housing brand. Modulock have been housing Kiwi’s for over thirty years.
Our successful recent residential developments include:
- Whakatane’s Totara Park. This innovative housing development is a 22-unit house and land development aimed at those requiring retirement housing with an independent lifestyle. Our approach has always been to see things from others' point of view, so with the older folks in mind the design included lower bench heights (some tend to stoop as they grow older), lever handles on all doors (easier use in cases of arthritis), flat floor showers (reducing the potential for trip-ups), grab handles, wider door ways, wider hallways (for ease of wheelchair operation) etc. Externally, the neighbourhood is enhanced by bollard street lighting, cobblestone paths, terracotta coloured curbing and security fencing. These principles of thought are applied to every subdivision project.
- Auckland's Sabulite Rd, Kelston is a sixteen lot subdivision. Sixteen investor focussed brick and tile houses were built and leased to Housing New Zealand for ten years. Investors purchased the individual houses and have enjoyed a "no worries" investment with strong capital growth. In Auckland, The Group have used award-winning Mitchell Homes as house builders. Please take a moment to refer to our HNZ F.A.Q’s page.
Other recently completed property development projects can be found in: Whakatane, Ohope Beach, Tauranga, Papamoa, Welcome Bay and Auckland.
Investor focussed, the Group have been able to provide not just high quality housing but secure tenanted investments.
“We are always looking for new opportunities. If you have a site that you consider suitable for development, commercial or residential, or if your business is simply wishing to lease space, please contact us through the link on the home page. We also have undeveloped land holdings,” says Dave Fermah.
"Our Simple Success Formula? Without a doubt, honesty and fairness in all our dealings. A commitment to service at all times. Develop and build property we ourselves would be happy to live in. Develop and build commercial property we ourselves would be happy to lease. We love what we do and get a lot of satisfaction from helping others into financial wealth through property investment,” says Des Fermah.
How it all started
Along the way the brothers received many National Awards including:
- Best Video Chain Store
- Kerridge Odeon Video Store Of The Year
- Boston Acoustics HiFi Retailer Of The Year
- Regional Winner of Air NZ Enterprise Of The Year Award
Des and Dave bought their first properties at 20 years of age and it’s here that the interest in property was born. Since then, the strong growth of The Fermah Group of Companies has seen The Group expand nationwide with interests in retail, commercial and residential property development, finance, manufacturing and software development.
The Fermah Group now benefits from over twenty years' experience as property investors and developers, retailers and successful investors in, and operators of, a range of businesses.