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The following articles are sourced from The New Zealand Herald


Singapore Govt in new Akl property deal
Fri, 27 Mar 2015 10:55
The Singaporean Government is expanding its New Zealand property holdings, taking a further stake in Auckland via a new office block yet to be built.Listed landlord Goodman Property Trust has just announced that Fletcher Building...

 

Real estate agent fined over public land included within boundary
Thu, 26 Mar 2015 18:24
A real estate agent has been fined after a buyer wasn't told that 112sq m of public land was included within the property boundary fence.The new owner said they didn't find out the fenceline encroached by up to 7m into Department...

 

More million dollar homes go under the hammer
Thu, 26 Mar 2015 12:15
One in five Auckland properties have sold under the hammer for more than $1 million and only two of 55 properties were sold for less than $500,000 last week.Harcourts has just released its latest weekly auction results where it...

 

Auckland pension flats receive $350k renovation to attract first home buyers
Thu, 26 Mar 2015 05:00
A set of four run-down pensioner flats have been spruced up in a $350,000 renovation which is expected to attract first-home buyers trying to escape Auckland's soaring property prices.Owner Garry Danswan hopes the flats could also...

 

Real estate agency fined for mishandling money
Wed, 25 Mar 2015 19:03
A real estate agency has been fined for mishandling money in its trust account, including paying deposits to the wrong person and allowing the account to be overdrawn.It was only through good luck that the "startling number of errors"...

 

Big industrial property a southern rarity
Wed, 25 Mar 2015 14:00
A large industrial complex with a long term tenant is being marketed for sale as "the only investment property of this scale currently available on the market" in Papakura and Takanini.The two adjacent sites at 62 Hunua Rd and 2...

 

Bring the whole family
Wed, 25 Mar 2015 05:00
British-born homeowners Brian and Debby Axtell can trace their New Zealand connection back to a time, many years ago, when their daughter and her boyfriend left Victoria Coach Station in London, bound for an adventure in Zimbabwe."Somewhere...

 

Future is big, light and so bright
Wed, 25 Mar 2015 05:00
Tony Houston and Allan Shanahan have been best mates since they were 6.They met at Marist Primary School in Mt Albert and have never looked back, with Allan going into architecture and Tony into the rag trade, then they combined...

 

Experts doubt 'Our First Home' do-ups will be million-dollar properties
Wed, 25 Mar 2015 05:00
Three houses being renovated on TV One's Our First Home won't go anywhere near the $1 million mark each when they are auctioned next month, an investment expert believes.David Whitburn, the Auckland Property Investors Association...

 

Estate agent guilty over $47k 'buyer's' fee
Wed, 25 Mar 2015 05:00
A real estate agent who left a vendor liable for a second commission while pocketing a $47,500 fee from a buyer has been found guilty of misconduct.Ian Morgan denied the charges but the Real Estate Agents Disciplinary Tribunal found...

 

Scrap over zoning of land on Waiheke
Wed, 25 Mar 2015 05:00
Waiheke's biggest landowner is challenging zoning classifications on parts of its holdings on the island's eastern tip in the Stony Batter Historic Reserve war fortifications vicinity.Matt Casey, QC, appeared for Man O'War Station...

 

Christchurch police bust large drug operation
Tue, 24 Mar 2015 18:49
Illegal sales of synthetic cannabis tipped police off to a larger drug operation running from a Christchurch flat this morning.Plain clothes police officers involved in the search were also approached by a passer-by looking to buy...

 

Kiwisaver: Owning house in UK could be hurdle to withdrawing funds
Tue, 24 Mar 2015 09:30
I think it's a lost cause but worth a shot! My wife and I emigrated from Britain about six years ago. I set up KiwiSaver about five years ago and at the time I was told it could be used for a deposit on my first home in New Zealand...

 

Herne Bay penthouse with litigious history again for sale
Tue, 24 Mar 2015 05:00
One of Auckland's most spectacular penthouses - but one with a litigious history - is for sale only 16 months after the luxury pad was last bought, fetching $4.7 million.Barfoot & Thompson is advertising the top two floors of Herne...

 

Fallout continues as new houses in Christchurch show leaks
Tue, 24 Mar 2015 05:00
Fallout from New Zealand's leaky building disaster continues.Gareth Lewis of law firm Grimshaw & Co represented owners of apartments at 19 Fleet St in Newton, Auckland in a six-week High Court trial which ended this month.The...

 

Government targets cost of building consents
Tue, 24 Mar 2015 05:00
Councils may soon face private sector competition for issuing building consents again, as part of a Government drive to make housing more affordable.Building and Housing Minister Nick Smith says officials are working on both restoring...

 

Homeowners join $100m class action on leaky houses
Tue, 24 Mar 2015 05:00
Wellington couple Sharon and Kevin Leigh, facing a $350,000-plus bill to fix their rotting house, have joined the new $100 million-plus leaky home class action."It has just ruined us," Sharon Leigh said."Our property is a beautiful...

 

Coromandel man dies after police called to 'domestic matter'
Mon, 23 Mar 2015 13:27
A post-mortem examination is expected to shed light on the death of a man at a Coromandel property on Sunday night.Waikato police attended a "domestic matter" at a Wyuna Bay property about 11pm on Sunday, said Eastern Waikato Area...

 

Court orders $750,000 debt be repaid
Mon, 23 Mar 2015 05:00
A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent changes to accounts.Businessman...

 

Luxury Westmere seaside pad tipped to sell for well over $6m
Mon, 23 Mar 2015 05:00
A former Home of the Year which comes with its own private boat ramp, World War II winch and was once home to a boat builder's yard is on the market for the first time.The luxury, waterfront four-bedroom property in Westmere boasts...

 

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