Harcourts beats ex-agency boss in court, Grewal ordered to repay $1m loan
Harcourts has won a court victory over its youngest former franchisee Gurpreet Grewal who must repay $1m in loans, but a $250,000 claim against him and his wife for franchise fees has failed.In a case heard in the Auckland High... More
American couple selling exclusive Remuera penthouse and Waiheke Island pad
An American rich-lister couple who earlier planned to immigrate to Auckland are instead offloading their more than $6 million dollar Remuera penthouse without having slept a night inside it.The Herald can reveal New York businessman... More
NZ's biggest commercial/retail landlord Kiwi Property nets $48 million profit
New Zealand's biggest commercial and retail landlord Kiwi Property reported a $400,000 increase in net profit in its half-year result. Net profit after tax for the September 30 half-year was $48.3m, up on the previous corresponding... More
Frogs and birds lifestyle up for grabs with sale of self-sufficient homestead
A picturesque homestead at the centre of New Zealand's gold-rush history, and on the heritage-listed Skippers Canyon Road, is up for sale.The "off the grid" property on close to 20 acres, with the Shotover River running alongside,... More
New company Miuwi says it acts like a dating service for home buyers
Would-be home-owners - who can't afford a house on their own - are linking up online to combine their savings and get on the property ladder.The online startup, Miuwi, says it acts like a dating service, linking first-home buyers... More
New town planned for Mangawhai
One of New Zealand's biggest coastal township commercial developments is planned for a 130ha greenfield site between the popular Northland seaside resort of Mangawhai Heads and Mangawhai Village, about 100km north of Auckland and... More
Bayleys Waikato HQ for sale and leaseback
The freehold land and buildings housing Bayleys' Waikato headquarters, on the northern approach to the Hamilton CBD, are for sale and leaseback.Repurposed in 2015, the property at 96 Ulster St, also accommodates insurance broking... More
Volcanic theme lights up Auckland's newest hotel
Auckland's latest hotel — with 16 levels, 130 rooms and a five-star rating — opens on Monday.The SO/Auckland hotel is in the refurbished and expanded former Reserve Bank building on the corner of Gore St and Customs St East, opposite... More
Recent Deals for Saturday November 17
Northland shopping centre The Otaika Shopping Centre, Raumanga, on a 2799sq m site on SH1 at the southern entranceway to Whangarei, sold at a Bayleys Total Property auction for $3.81m at a 6.84 per cent yield through John Haselden... More
Whakatane care facility has long lease
A purpose-built private hospital in one of the Bay of Plenty's most popular retirement hotspots is for sale with a long-term lease to an established care provider.Colliers International is marketing the freehold land and buildings... More
Former Lion property has add-value prospects
A fully-leased Newmarket building, once home to Lion Breweries, is for sale with agents tipping significant add-value potential.Located on a 1191sq m site at 5 Kingdon St, the 4712sq m building comprises ground floor retail accommodation;... More
Manly site has many possibilities
A convenience retail building on an underutilised site in the heart of Manly Village on the Whangaparaoa Peninsula is for sale offering a variety of future add-value opportunities.The 170sq m single-level building, developed in... More
Fyfe Kitchens East Tamaki base for sale
An established cabinetry business, Fyfe Kitchens, is selling its East Tamaki head office and manufacturing base of more than 40 years.The 5702sq m freehold property at 60 Allens Rd is near Highbrook Business Park, one of Auckland's... More
Second Trelinnoe Park sale
Following the sale of Trelinnoe Station's sheep and beef farm in Hawke's Bay earlier this year, the property's homestead, cafe and botanical gardens are now on the market."This offering presents an opportunity for a purchaser to... More
Solid Mangere investment property
An industrial warehouse facility for sale in Mangere features a high-quality and well-established tenant making it an outstanding investment proposition."This is a well-located A-grade asset," says Nikolai Vulinovich of CBRE who,... More
Two big Frankton industrial blocks
Two enormous blocks of industrially-used land on the urban fringe of Hamilton city are for sale simultaneously.The properties at 16 and 16 A Wickham St are in the industrial district of Frankton and have a combined area of more... More
Hamilton block has eclectic tenant mix
A property housing an eclectic community of tenants, including a popular Indian curry restaurant, is for sale in Hamilton's main street.The two-storey commercial block, at 851 Victoria St, has five tenants — two financial services,... More
Pt Chev site with massive exposure
A high-profile, north-facing, potential redevelopment site on Point Chevalier's main arterial route is for sale with holding income from two tenants.Zoned for mixed-use development of up to 18m in height, the 3112sq m freehold property... More
Versatile East Tamaki industrial
A versatile industrial property on one of East Tamaki's most popular streets is for sale with three years remaining on the lease, presenting an opportunity for add-value investors and owner-occupiers."It has an excellent combination... More
Christchurch police station for sale
Christchurch's former temporary police station in St Asaph Street, built as a stop-gap until the Justice and Emergency Services Precinct was finished, is for sale."The large format single-level station covers more than 7000sq m... More