Precinct Properties' Commercial Bay project delayed: Fletcher payments withheld
Auckland's $1 billion office tower has hit further snags. Costs have risen and Fletcher Construction payments are being withheld at Precinct Properties' Commercial Bay office tower on Auckland's waterfront, but the business has... More
Rental squeeze grips country as rents climb to record highs in Wellington and Auckland
New Zealand's major cities are in the grip of a rental squeeze that is not only hitting students, but also pensioners and young professionals working as teachers, chefs and engineers.The demand has sent national rents soaring to... More
Got a spare $3m? Eco mansion on the market in Queenstown
A high-end Queenstown home on the market is distinctive for both its character and thermal efficiency.Built in Hawthorn Estates, in Dalefield, by Dowling Construction & Development (DCD), it's been owner Dennis Dowling's family... More
Consent-free cabin challenge spawns new Northland business
A challenge to build the most spacious cabin possible while still small enough to avoid council red tape has spawned a new Northland business venture. The Tube Room started from a discussion between builder Mark Christiansen and... More
Fletcher performance expected to be 10% behind last year
Construction company and materials manufacturer and distributor Fletcher Building could declare an interim result 10 per cent down due to a cement plant outage, the slowing Australian economy and lower land development profits.Fletcher,... More
Capital gains tax debate heating up: final recommendations out on Thursday
A capital gains tax would "add huge complexity to one of the world's simplest tax systems" according to an Auckland-based investment expert, but a chief banking economist disagrees and backs its introduction.Paul Glass, executive... More
Former ad man Kevin Roberts' bold resort-style home on market
A stunning architectural home that could be mistaken for an art gallery or a resort has come on the market.Owned by former Saatchi and Saatchi boss Kevin Roberts, the home in Remuera, Auckland, sits on more than 3500sq m of lush... More
Beloved family-owned 1929 Wellington flats, the Chevening, gifted to Heritage NZ
Forty years after she asked her father to buy the dilapidated Chevening flats in Wellington as a teenager, Susan Price this week gifted the restored 1920s apartment block to Heritage New Zealand.The four-storey classically styled... More
Augusta Industrial Fund's expansion offer
The second stage of an industrial fund established and managed by Augusta Funds Management has opened for investment which will enable a further five properties to be added to its portfolio - taking the fund's total value to close... More
Split-risk Hastings retail property
A striking multi-tenanted retail property anchored by national fashion chain Hallensteins is for sale on a prominent corner site in the centre of Hastings.Strategically positioned at the intersection of Heretaunga St West and Market... More
Beautiful in any season
Designed by architect Frans Kamermans, the home at 54 Orakei Rd has "such a beautiful floorplan and wonderful proportions" that owners Peter and Shirley Shapiro have never needed to modify it since they moved in 20 years ago with... More
Sale of the sense-ury
Victoria and Scott McArthur reckon they had one of the most simple property transactions of all time, when they bought a freshly modernised, 1920s weatherboard bungalow near One Tree Hill. "We'd met someone we knew in a cafe and... More
Schoolhouse rocks
Barbara Atkin sees only one drawback in the Devonport neighbourhood she and husband Richard have called home since 2013. "You can't take a five-minute trip to the shops or library — by the time you've bumped into neighbours and had... More
Goodbye Ponsonby Road
Bill Ralston appears to be only half joking when he says he's concerned about the economic impact on local restaurants when he and wife Janet Wilson sell their Auckland home."I fear Ponsonby Rd's restaurants will collapse once we... More
Add space with a new garage
Home buyers like off-road parking and in particular garages. It's hard to get away from the fact that a garage is a must on many homebuyers' lists. Sometimes that even means a double garage or internal garage.Not all is lost, however,... More
Helensville supermarket property on market
Land and buildings housing a nationally-branded supermarket in one of Auckland's fast-growing satellite townships has been placed on the market for sale.The property at 37-43 Commercial Rd, Helensville, is home to the town's long-established... More
Big three-titled Takapuna commercial site
A prime high-profile investment property close to the Takapuna CBD encompasses a substantial office building on a 15-year lease, plus additional buildings on shorter leases.The freehold property in three titles, located near the... More
Mt Eden character emporium on Dominion Rd
A landmark Dominion Rd property that has long been the home of Auckland retail institution Geoff's Emporium has been placed on the market.Situated on a prominent 705sq m freehold site, the large character building at 274 Dominion... More
Mixed-use high-stud Onehunga warehouse
A mixed-use Onehunga property with a high-stud warehouse, substantial yard and standalone office is for sale by auction, presenting a chance to acquire a freehold investment property with future development upside in one of Auckland's... More
Farmgard HQ for sale and leaseback
Kiwi farm machinery business Farmgard has put its headquarters near Auckland Airport up for sale and leaseback.Brokers say the move, to raise capital for further expansion across the Tasman, brings an opportunity to secure a versatile... More