Former Barfoot & Thompson agent Aaron Hughes on trial after big profit in property deal
A real estate agent abused his clients' trust and deceived them about their property's true value before buying it himself for $530,000 then on-selling it months later for $1.255 million, a court has heard.It's alleged that former... More
Whanganui firms busy with residential and commercial building work
Construction activity is on a high around New Zealand, with Whanganui firms getting a slice of the action.Jamie O'Leary, of Jamie O'Leary Builders and Stonewood Homes, said his firm is experiencing its "longest incremental high... More
City Rail Link above-ground opportunities identified
Development opportunities for up to 20ha of new Auckland CBD and fringe city floor space have been identified around the $3.4 billion City Rail Link, as the time to award the tunnelling and station contracts draws near.Images have... More
Whangarei house prices up 10% in past year, according to QV
Whangarei house prices increased 10 per cent in 12 months, the latest QV report has found. The average residential property value in Whangarei is now $509,857.The nationwide average value is now $671,531. When adjusted for inflation,... More
Scott Mason: Non-speculators caught in 5-year Bright-Line Test
Last week Revenue Minister Stuart Nash confirmed that the election "promise" to extend the Bright-Line Test from 2 years ownership to 5 years will be enacted, effective for properties acquired after the date of Royal Assent (likely... More
Millionaire real estate mogul Luis D Ortiz prefers to rent
Luis D Ortiz left Puerto Rico with his twin brother at 16 years old to make his fortune.Within a decade, the runaway teen was selling high-end real estate in New York.He became a multi-millionaire property mogul and a reality... More
Mt Maunganui apartment 'flipped' for $500k gross profit in five months
A Mount Maunganui property which sold twice within five months made a gross profit of half a million dollars for a Bay of Plenty couple.This property was one of nearly 100 in the Western Bay of Plenty that was "flipped" for profit... More
Manukau auto hub units 'drive' each other
Four commercial units, leased to three well-known vehicle service brands and located in an automotive hub in Manukau City, will be individually auctioned next month."The sale presents an opportunity to buy one, two, three or all... More
Hastings lodge has hosted royalty
The land, buildings and business encompassing a North Island exclusive luxury lodge, which once hosted the Queen Mother during a tour of New Zealand, is now for sale.Deemed a "jewel in the crown" of Hawke's Bay's tourism sector... More
Big Papatoetoe West industrial property
A1.31 hectare industrial property on a long-term lease to a tenant described as "one of the country's largest infrastructure and construction providers" is for sale in Papatoetoe West, south of the Auckland CBD.Featured in the latest... More
Alexandra Hotel for sale at Pirongia
The land, buildings and business of the recently refurbished Alexandra Hotel in Pirongia, Waikato, are now for sale by negotiation.Ray White Newmarket sales agent Tanya Kwasza says the hotel's freehold site of over 4000sq m provides... More
Orere Point campground under hammer
A popular Papakura coastal holiday park, at the entrance to the Firth of Thames and about an hour's drive from central Auckland, will be auctioned next month.Orere Point Top 10 Holiday Park is spread over 5.29ha of land with an... More
Functional warehouse in popular New Lynn
A freehold industrial property for sale in Auckland's fast-growing New Lynn is likely to suit owner-occupiers seeking a functional warehouse in a tightly held location.Colliers International brokers Dhiru Patel and Dwayne Warby... More
Epsom development or land bank prospect
The sale of an Epsom property on Great South Rd is being promoted as representing an opportunity for developers or land bankers.Investment sales brokers Simon Child and Gareth Fraser of Colliers International are marketing 218 Great... More
Potential for 'cool character space'
Two listed heritage buildings in the Auckland CBD present the opportunity to own and work from, lease or live in, a Victoria St wooden character building."These buildings are blank canvasses for owner-occupiers," says Nigel Ingham... More
Donna McIntyre: Designed with family in mind
As parents of young children, Karen and Graeme Beggs wanted to build this family home in durable, quality materials.At times, those extra costs caused them to wonder if they had overstretched their budget and might be forced into... More
Catherine Masters: Getaway within reach
Kate Healy and her family were looking for a holiday home to escape to, which was close enough to Auckland and wouldn't take forever to get there for weekends.They looked at Waiheke, the Coromandel and Langs Beach, but in the end... More
Sandra Goodwin: Blown away
Adrienne Duarte left her role as BNZ's chief financial officer — and this extremely private home — last year for a new position in Melbourne with her husband David Richards, a retired banker.Adrienne describes their architecturally... More
Louise Richardson: Time for a change
They're still relatively young, so it's a surprise to discover that Andrew and Emma Post have owned their perfectly situated single-bay villa in Mt Eden for 17 years — and that it was their first home."We're both qualified pharmacists... More
Donna Fleming: It's all about the vibe
With 40 years' experience in the real estate industry, it's no surprise Wendy Alexander is extremely discerning when it comes to her own properties.And though there are certain physical features she looks for in a home, it's the... More