Latest Property Related News

A multi-million dollar lodge boasting its own waterfall and helicopter pads - and which had previously been illegally bought by Chinese businessmen - is back on the market .Kourawhero Mountain Lodge spans 100 acres of heritage...

Originally published by The Spinoff Super-low interest rates are a blessing to those already on the housing ladder. For those still renting and without a deposit, it is yet another nail in the long-sealed coffin of potential home...

Recently-sold Augusta Capital has struck a $178.3 million deal to buy a Penrose manufacturing and distribution plant leased back to the previous owners on a 20-year term.Mark Francis - managing director of Augusta now delisted from...

Wellington's historic Farmers department store on Cuba St has been given a new lease on life, after languishing at less than 5 per cent of the New Building Standard (NBS).Willis Bond has spent $60 million redeveloping the building...

New Zealand's biggest transport infrastructure job leapt forward today with the arrival of the $13.5 million tunnel-boring machine for the $4.4 billion City Rail Link.The machine, officially named Dame Whina Cooper, is now at the...

Three property buyers have lodged a successful complaint against a Kapiti Coast real estate agent who they thought was trying to sell them a farm but instead bought it himself.The complainants told a Complaints Assessment Committee...

The Christchurch housing market is continuing to boom.Ray White New Zealand South Island Regional Manager Jane Meyer said the auction property market remained red-hot for sellers. No less than seven properties sold through their...

Immediately after paying $5 million for a high-end property for its new boss, the University of Auckland spent close to $200,000 repairing its roof and swimming pool.The university bought the four-bedroom property as a home for...

Skyrocketing house prices have helped a humble Auckland home to sell for a whopping $2.4 million - and no, it wasn't a developer laying down the cash.The Pt Chevalier home at 92 Kiwi Rd - which sold at auction this week for close...

SkyCity Entertainment Group has prepared its business for the unpalatable prospect of more higher-level Covid-19 alert lockdowns and its boss doesn't expect a return to normal until around 2022."It's really only 2022 that we expect...

Residents of one of Auckland's most expensive penthouse apartment complexes discovered in June that their building had qualified to become an isolation facility. They were terrified.Many in the 149 apartments at The Stamford Residences...

The cost to redevelop a key building in Wellington's national music centre has blown out to $84 million- more than double the initial estimate. The state of the Municipal Office Building (MOB) is the final nail in the coffin of...