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First home advice- buy an apartment

Press Release: Bayley’s Real Estate Source: NZ Herald
First home buyers in Auckland might have to consider an apartment in order to get onto the property ladder, Prime Minister John Key says. His comments follow the release of new CVs for Auckland, which have soared since 2011, particularly in city-fringe suburbs. There are fears the mostly higher CVs could lead to rates increases well in excess of the 3.7 per cent planned for homeowners by Mayor Len Brown next year

 

September 2014 Newsletter

September 1st 2014
Hereford Residences by Tawera Group has heralded a new era in the luxury apartment market after record-breaking success.
Hundreds of people arrived for the official opening night. The demand for these luxury apartments is sky high with over 65 residences sold prior to the display suite even opening. Continue reading →

 

Property Report

Source: The Bob Dey Property Report
The new affordability can be defined as making it easier for first-homebuyers to borrow more money to buy a house. In Australia, that ability was readily incorporated into higher house prices….
Here, we have a government which prides itself on economic & financial management offering the same thing….. Auckland Council considers, in a confidential session on Thursday, tranche 4 of the special housing areas designated under its housing accord with the Government….. Continue reading →

 

Former Telecom HQ to become luxury apartment condo

September 1st 2014
Press Release: Bayley’s Real Estate Source: Scoop Business
Former Telecom HQ to become luxury apartment condo’ as office tower conversion trend gathers pace.
The former headquarters of corporate heavyweight Telecom is to be converted into a luxury apartment block – complete with its own international-style concierge doorman, a library, theatre, gymnasium, and a heated infinity pool overlooking Auckland’s Waitemata Harbour. Continue reading →

 

Central Auckland apartment complex to boast concierge service, library and theatre

September 1st 2014
By Lane Nichols Source: New Zealand Herald
A luxury penthouse in a central Auckland apartment complex has sold off the plans for more than $5 million less than a week after agents began marketing the yet-to-be-built project.
The deal makes the 400sq m penthouse among the country’s priciest and most lavish.
It boasts a home theatre room, four bathrooms and 75sq m of decking — “enough to play host to a spa pool complex, petanque pit and even a badminton court” according to Bayleys Auckland. Continue reading →

 

$5m for unbuilt penthouse

August 28th 2014
By Lane Nichols Source: New Zealand Herald
A luxury penthouse in a central Auckland apartment complex has sold off the plans for more than $5 million less than a week after agents began marketing the yet-to-be-built project.
The deal makes the 400sq m penthouse among the country’s priciest and most lavish.
It boasts a home theatre room, four bathrooms and 75sq m of decking — “enough to play host to a spa pool complex, petanque pit and even a badminton court” according to Bayleys Auckland. Continue reading →

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