Commercial market wrap-up in Key Assets portfolio

22-Jul-2019 06:49:57

Today NAI Harcourts launches its second NAI Harcourts Key Assets commercial portfolio for 2019, which includes a selection of properties and businesses for sale and lease from around the country.

NAI Harcourts General Manager Tony Kidd says, “Feedback from around the country is that commercial property markets remain strong, particularly in the main urban markets, where yields are generally low and demand from both local and international investors is still strong.”

While it appears that low interest rates are here to stay for a while yet, ASB Chief Economist Nick Tuffley provides some insights into the potential impact of the Reserve Bank’s proposal to lift capital requirements in his Mid-Year Progress Report in this issue of Key Assets.

Also featured are some excellent leasing opportunities within the Te Rapa Industrial Gateway in the Waikato which are being marketed by Theo de Leeuw, Sean Stephens and Aaron Donaldson from NAI Harcourts Hamilton. This master planned industrial development is strategically located close to main transport hubs and networks, and within the ‘Golden Triangle’ of Auckland, Hamilton and Tauranga.

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The Te Rapa Industrial Gateway large format warehouse development in the Waikato

For those looking to escape Auckland, Dennis Corbett and Esmae Farrington from Harcourts Kerikeri in the Bay of Islands are featuring an outstanding property for sale at 126B Kerikeri Road, known as Woodlands Park. A superb location with approximately 18.52 hectares of bush clad land is offered with an option to also purchase the Woodland Motel and Conference Centre that occupies an additional adjoining two hectares. The property presents a unique opportunity for development or land banking with the current zoning being residential.

We also have some twelve hospitality-type businesses for sale that are located mainly in the South Island.   

Also featured in this issue are informative editorials from NAI Global in New York, Heaney & Partners Barristers and Solicitors, and Gaze Commercial.

Copies of Key Assets issue 2 2019 are available in NAI Harcourts offices nationwide, or view the latest e-book and subscribe to future issues below.

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Commercial, Key Assets, business broking, harcourts new zealand