Auckland's $300m maximum security prison to open on Friday the 13th of July
The Corrections Department has announced it will open its new $300 million maximum security prison at Paremoremo in Auckland next month.Ray Smith, Corrections' chief executive, said the Auckland Prison would open on July 13. The... More
Residents fume as HNZ pays 1.35m for Pūriri Parkland destined for state housing development
A block of land now destined for a state housing development in Whangārei was bought for $1.35 million and residents unhappy with the development are asking if they could buy the land back.Housing New Zealand finalised the... More
Fletcher Building shake-up of Australian business operations likely in five-year plan out this week
An overhaul of Australian business operations to increase revenue is on the cards for Fletcher Building when it announces its five-year plan, due out on Thursday morning in Sydney.Fletcher has invited investors and analysts to join... More
Secret millionaire and leading NZ land aggregator Garry Robertson opens up for the first time
He's one of the most influential people in New Zealand and nobody knows who he is. Dressed in a World's Fastest Indian T-shirt, jeans, and brushed-wool jacket, offset by his Red Band gumboots, he wanders across open fields and... More
For Sale: Original Herne Bay Pacific Island family sells up
A modest white bungalow on one of Auckland's best known streets has sat unchanged as others have morphed into multimillion-dollar mansions.With rose bushes at the front and a back garden filled with fruit trees, the much-loved Sarsfield... More
Developer's dream site in Manukau
A multi-tenanted, single-level medical centre, occupying a low coverage site with Metropolitan Centre zoning that allows for intensive redevelopment, is for sale in the heart of the Manukau CBD.The most likely buyer is a developer... More
Hidden pearls inspired Kagi's success
Kagi, a company regarded as Australasia's top versatile jewellery brand, is now on the market for sale.LINK Business broker Martin Plom is selling the Kiwi business, which deploys slick social media and online marketing campaigns... More
Stock shortage in high demand market
Prime commercial property investment stock remains in short supply, particularly in the Auckland market, says Gareth Fraser, Auckland director of Colliers International's investment sales team."However, it's still possible to find... More
Whenuapai town centre development consented
A substantial town centre development site in Auckland's fast-growing Whenuapai is for sale with consented plans in place for a multi-unit commercial development.Colliers International site sales brokers Josh Coburn and Sean Finnegan... More
Penrose offices are well placed
A commercial building and surrounding land for sale at Penrose has been owned by a local family trust for more than 20 years.The property at 2 Walls Rd accommodates a labour hire a company which has operated in New Zealand since... More
Building has Great South Rd buzz
A fully tenanted office and retail building is for sale on Auckland's busy Great South Rd.JLL agent Jason Armstrong says the 960sq m three-level building — which is predominantly of concrete construction — sits on a 707sq m site.Renovated... More
Pacifica 57 level tower taking shape
The vertical construction phase of The Pacifica — the 57-storey hotel and residential complex planned for Auckland's CBD — is now well underway.CBRE's Gavin Lloyd, who is is marketing apartments in the tower, says the first vertical... More
Childcare, cafe land and building
The land and buildings housing one of Auckland's largest and most modern childcare centres has been placed on the market for sale.The purpose-built property at 6/85 Ben Lomond Cres, Pakuranga, houses New Shoots Childcare Centre... More
Cafe property at Beach Haven
A property with internal fittings in place to sustain a modern suburban neighbourhood cafe is for sale at Beach Haven, Auckland.The land and building at 366 Rangatira Rd, is home to a cafe business known as The Meeting Room, which... More
Ex Canon HQ offers 'bang for the buck'
A former Canon NZ national headquarters — occupying a high-profile industrial property in Jarden Mile, Ngauranga, Wellington — is on the market for sale.The Jarden Mile industrial precinct was developed in the early 1990s, and in... More
Parnell Mixed Use office building
A three-level, freehold office building is for sale in the affluent Auckland suburb of Parnell, with agents talking up its development potential.The 599sq m building — on a 427sq m site at the city end of Parnell Rise — sits within... More
Mt Eden city fringe 'thirst quencher'
Brokers say a Mixed-Use zoned light industrial property for sale with vacant possession in Mount Eden offers a blank canvas for new owners.Colliers International city fringe specialists Hamish Paterson and Jonathan Lynch are marketing... More
Somewhere in Wellington to store toys
Brokers say a modest industrial unit for sale in Wellington may appeal to a downsizing homeowner, or a small business person looking to get onto the commercial property ladder.Bayleys' James Higgie says the 96sq m unit at 33 Kaiwharawhara... More
The building that time forgot
One of Auckland's smaller CBD standalone properties is for sale, offering affordable access to New Zealand's largest commercial property precinct.Located on 134sq m of land at 24 Centre St in the Victoria Quarter, the 132sq m half-round... More
Catherine Masters: Luxury on the rooftop
The penthouse apartment at the top of a new Rothesay Bay development has two levels, a wraparound balcony, decks and panoramic views. But it isn't really an apartment, says the developer, Rob Bassett. "It's really a rooftop residence."Here... More