Latest Property Related News

The "big, gutsy" decrepit villa in the heart of Kingsland snuck under its expected sale price today but still reaped a little over $1.3 million.Matt and Ryan's Property Page, who are Barfoot and Thompson real estate agents, posted...

Negotiations are under way for a new contractor at the Union Green development on the CBD fringe after main contractor Ebert was placed in receivership. Since the start of last month, the 153-unit apartment project at the Union...

A two-level building housing a GMP certified medical laboratory and offices is for sale with vacant possession or with a short-to-medium leaseback in the Auckland city fringe suburb of Eden Terrace between Upper Queen St and Symonds...

In Christchurch both population and retail sales activity are showing continued growth, having risen above pre-quake levels.CBRE agents Tim Rookes and Brent McGregor say the positive trend supports a decision by their vendor — the...

The need for careful due diligence when buying commercial property has never been higher in this country, says Stuart Bent, Bayleys Property Services general manager.Bent says more onerous building legislation means prospective...

As more baby boomers reach retirement, more greying business owners seem open to selling operations they may have built up over decades.It's a trend now creating solid opportunities in the business brokerage sector, and LINK Business...

First-home buyers are increasingly jumping back into the housing market as near-record low interest rates and predicted price falls help them rekindle the Kiwi dream of home ownership, experts say.One in every four houses sold in...

SkyCity chief executive Graeme Stephens earned $1.5m in his first year in the job and is in line for further bonuses if he meets certain performance targets. Former SkyCity boss Nigel Morrison topped the Business Herald's annual...

A property owner could be forced to trim their trees if they interfere with their neighbour's wireless broadband, according to a High Court judgment - and a top lawyer says the decision could spark a flurry of legal action.An...

Around 41 new hotels are planned for Auckland in the next five years, bringing 6500 extra rooms to the city, a report from Horwath HTL says.Projecting through to 2023, Horwath's Wim Ruepert said that 12 hotel projects were now under...

Casino operator SkyCity Entertainment Group is withholding $26.9 million from the Fletcher Construction Company because of issues building the $700m plus NZ International Convention Centre in Auckland.In notes to the annual accounts...

Tauranga residents who sold their home in the second quarter of 2018 made a median profit of $235,000 per property, according to new CoreLogic data.The company's latest Pain and Gain report showed the city's gross profit from sales...

Havelock North residents are concerned the effect 400 new houses could have on their community. It was announced last Thursday that a plan to rezone an area off Iona Rd and Breadalbane Ave for residential use had been approved by...

While Auckland's housing market may be flat, demand for business properties remains hot with a large spike in sales over the past year.Analysts CoreLogic report that 156 business properties sold for a total of $2.1 billion over...

Houses in Springvale are in hot demand.So hot, in fact, that only Palmerston North's Awapuni has houses that sell faster in the whole country. According to figures from One Roof, until June this year houses in Springvale sold...

A lack of new builds and falling interest rates will likely put pressure on property prices in Northland, the Real Estate Institute of New Zealand says.The REINZ latest property report, for August, shows that despite a slight drop...

Thousands of people lined up to see The Block NZ houses today during the first public open home.Fans of the popular renovation TV series were given the chance to go through the finished Hobsonville Point properties and even meet...

A "big, gutsy" decrepit house in the heart of Kingsland is set to fetch $1.5 million.The central Auckland villa, with its faded yellow paint and rusty red roof, built in the early 1900s, is deemed the ultimate fixer-upper. The...

COMMENT: It's no longer a question of whether but rather when the real estate industry will be disrupted. Our way of selling and buying houses remains a pain point California-based investment advisor Ross Gerber summed up what...

Tauranga real estate experts say sale volumes are expected to pick up over spring, with buyers eyeing up "fresh" new properties to the market.Real Estate Institute of New Zealand's latest data showed Tauranga sale volumes dropped...