Chow Group selling Wellington property
A largely vacant, four-storey property owned by the Chow Group in Vivian St, Wellington, and the former home of the Whitireia Performance Centre, has been placed on the market."By selling this property, we understand the Chow Group... More
Christchurch multi-storey complex for sale 'as-is'
The 'as-is' sale of a 12-storey apartment building, overlooking the Avon River in Christchurch, will most likely attract developers who could consider its conversion to a boutique hotel or office complex. The residential complex,... More
Units in Queen St's mid-city centre
Two units in the Mid City complex at 239 Queen St are for sale in Bayleys' latest Total Property portfolio.One of the Auckland CBD units comprises a basement area recently substantially refurbished to accommodate a pool and billiards... More
Next big Hawke's Bay industrial hub
An opportunity to shape the future of industrial development in one of the fastest-growing industrial precincts in Hawke's Bay is on the market through Colliers International.Brokers Ian McLachlan and Mike Heard are marketing 16.2ha... More
Queens Rise packed since opening
The launch of Auckland's upmarket Queen's Rise dining precinct highlights strong demand for quality food and beverage offerings, according to Colliers International's retail experts.The new CBD dining precinct — nestled behind the... More
Two buildings on busy Kingsland corner
Agents say high profile properties at the corner of New North Rd and New Bond St have great development potential under the area's Mixed-Use zoning.The two freehold properties are being marketed as one parcel by JLL agents Alex... More
Recent Deals for Monday July 16
Albany industrial sale A 1458sq m industrial building on a 2457sq m corner site at 9 Tawa Dr, Albany, sold at auction for $5.38m at a 4.55 per cent yield through Matt Mimmack, Laurie Burt, Bayleys North Shore Commercial. Multinational... More
$250m 41-level Indigo Hotel for Auckland's Albert St
Australians are planning a $250m 41-level 225-room hotel project for Auckland's Albert St on the site of a building with heritage status.Australian business 94 Feet listed details of the project on its web site, showing Australian... More
Auckland house sales fall as winter blues hit the market: Reinz
Winter is taking its toll on the housing market with sales volumes falling 1.6 per cent nationally in June.The number of houses sold in Auckland has dropped from 2445 in May to 1834 in the latest figures from the Real Estate Institute.... More
Queenstown cottage sold for $3m
A Queenstown cottage in the same family for 75 years has sold for $3 million.The 100sq m cottage on Brisbane St in the centre of the Otago tourist resort, though not on the waterfront, has three bedrooms, an original coal range,... More
Pat Baskett: Okura developer's appeal puts residents to unfair expense
COMMENT: The right of appeal to the High Court is an important part of our justice system. But the costs involved can mean that only those who have the means are able to do so - leading to a David and Goliath situation where a wealthy... More
Mark Lister: If business confidence is so low, why is the share market at record highs?
COMMENT: Business confidence has collapsed in recent months, suggesting a sizeable loss of momentum. At the same time, we've seen the sharemarket hit record highs in recent days.If business conditions are that bad, it makes no... More
Auckland's Yates heritage building to be demolished and redeveloped
Developers plan to demolish the 107-year-old Yates Building on Albert St in Auckland's central business district, sparking a historic building campaigner to call the plans "pathetic". Peter Wall of Auckland said he is working... More
Life after more than two decades on the streets: 'It blows me away just to see how far I've come'
How does it feel to spend a year in your own rental home after more than two decades living on the streets?"It's a lot of work, now I know what it's like to have bills," Auckland resident Aroha jokes to an audience gathered at a... More
Kiwibank regional scorecard says Whanganui way ahead on rental yield
Whanganui is "hotter than Auckland right now" with the city's rental property yield "off the chart" compared with the rest of New Zealand.That's the verdict of Kiwibank's inaugural regional scorecard developed by the bank's chief... More
Auckland apartment boom won't last, according to new report
Auckland apartment building is booming, with 2700 new units rising in the city this year and a further 3300 under construction due to be completed next year, according to a new report.These figures are well up on the 1650 units... More
Gated community for prime Rotorua land gets name and launch date
Details about a stylish gated community on long-time vacant prime land near Rotorua's central city have been revealed, including its name.The land on the corner on Malfroy Rd and Ranolf St will become Ashworth Villas with about... More
Property experts share easy ways to add value to your property
A few cheap and easy DIY hacks can bring you huge profits down the track, property experts claim.According to Luke Harris and Matthew Bateman, who founded real estate mentoring business The Property Mentors, the key is to focus... More
Takapuna's Gasometer site for sale
A big Auckland North Shore landholding known as The Gasometer Site, which straddles two blocks in Takapuna's central business district, has been placed on the market for prospective sale to a preferred buyer.The 2813sq m site, with... More
Nation's first 'floating' building floated on market
In Napier, the first building in New Zealand to be constructed with 'floating' foundations to successfully minimise damage from an earthquake, has been placed on the market.The 817sq m three-level Bennett's building on 253sq m of... More