New hope for Waiwera? Australasian leisure giant eyes thermal resort
A giant Australasian leisure business, which runs 10 New Zealand pools, wants to talk to the owners of the Waiwera Thermal Resort with a view to re-opening that complex shut since February.Damian Gorman, business development manager... More
500% fee hikes necessary for infrastructure demands: council defends rise
Auckland Council has defended a fee rate hike which developers say could exceed 500 per cent.Developers will only be levied $3.3 billion of a $26b 10-year Auckland infrastructure spend and must pay because their projects stretch... More
AC/DC drummer Phil Rudd's waterfront mansion in Tauranga on the highway to sell
Legendary rock band AC/DC once wrote "Moneytalks" and in the case of former drummer Phil Rudd, so does the status of his waterfront mansion in Tauranga.The multimillion-dollar house, technically two apartments, has a rateable value... More
Harcourts boss Chris Kennedy resigns
Harcourts chief executive Chris Kennedy has resigned from the role.Kennedy will finish up as New Zealand CEO with the real estate company at the end of the year after 25 years with Harcourts and four years as CEO.Harcourts chief... More
Major banks ANZ, BNZ and Westpac unveil historic low rates in fight for customers
The Bank of NZ has dropped its two-year fixed interest rate to a "historic" 3.99 per cent as it returns fire in a burgeoning mortgage war between the country's lenders.ANZ - the nation's largest bank - last week offered the lowest... More
Take a walk: Through the $1b Britomart development
Construction work is under way on the first hotel for Britomart, the $1b downtown Auckland dining, retail and commercial hub.A 10-level block on the old Better Burger and The Britomart Country Club site is being developed one block... More
Developers decry planned Auckland Council fee rise of up to 500pc
Developers are fighting a proposal which legal experts say could see Auckland Council fees for some categories of new buildings rise up to 500 per cent.Property Council of NZ executive met this morning about the possible change... More
House price growth slumps, becoming 'buyers' market', ASB chief economist says
House price growth may have peaked across much of the country as the housing market edges closer to becoming a "buyers' market'', according to ASB chief economist Nick Tuffley.While house prices in many areas around the country... More
Twyford says KiwiBuild no lottery after criticism of Auckland ballot
The odds of claiming a KiwiBuild home are far better than walking away with a winning Lotto ticket, Housing Minister Phil Twyford says.Twyford made the comment after a week of attacks on the home building scheme, including claims... More
Possibly perfect passive property
A newly-completed warehouse and office complex for sale in Mangere Bridge, South Auckland, is being promoted as 'ticking all the boxes' as a long-term passive investment property."This is an ideal bottom-drawer industrial investment... More
Final folio is our finest
A new Christchurch cinema complex; a prime Wellington office investment property anchored by Trade Me; and 'an unusual' Auckland City redevelopment, are highlight properties in the final Colliers Portfolio publication released yesterday."This... More
Titirangi premises of popular eateries
A long-held, well-known retail and cafe property popular among foodies on a high-profile street corner in Titirangi has come up for sale.Marketed by Deborah Dowling and Brett Whalley of CBRE, the fully-occupied freehold property,... More
Fresh start beside the lake
A lovely semi-rural lakeside environment and new houses priced well below what they'd cost 45 minutes away in Auckland are key to Lakeside in Te Kauwhata, says its developer.Winton senior investment adviser Duncan Elley says: "We've... More
Celebrating the land
There's much more to buying an apartment in the Kerepeti development at Hobsonville Point than simply putting a roof over your head. Purchasers get not only a smart and stylish brand-new home, they're also buying into a community... More
Recent Deals for Saturday November 10
Tauranga Tauriko sites A 12,591sq m industrial site in two titles with three street frontages at 31 and 39 Paerangi Placein the Tauriko Business Estate was sold for $5,351,175 at $425 per sq m by Lloyd Davidson, and Jo Stewart,... More
Big tenanted Hobsonville site
A newly-built, first-class industrial property with two long-term tenants is for sale in Auckland's northwestern growth hub of Hobsonville.Colliers International is marketing 3 Rawiri Place for sale by deadline private treaty closing... More
Largest Pacific Property Fund offer
The 26-year-old, Property Managers Group (PMG) has opened the largest offer to date in its Fund-Source AA rated diversified and unlisted commercial property company, Pacific Property Fund Ltd. PMG chief executive Scott McKenzie,... More
Commercial properties priced like houses
Two Albany commercial properties, which are likely to sell for less than the average cost of a North Shore residential property, offer opportunities for both owner occupiers and investors.The properties, at Interplex Business Park... More
Bethlehem shops to star at auction
A four-year-old, single-level urban shopping centre with seven shops, is for sale in Tauranga.The Ridge Plaza retail shopping centre at 2 Jude Place, Bethlehem, has seven shops with six tenants, on a rectangular 2088sq m freehold... More
Top floors with 'catch' in Auckland CBD
Two building floors are for sale on one of the highest-priced corners in Auckland City. But there's a catch.They are the top floors of the South British Building on the corner of Shortland and Queen Sts — and they are crammed with... More