A unique investment opportunity, offering a mix of commercial and residential tenancies, is available in the rapidly growing commercial precinct of Beachlands.
Mixed investment in rapidly growing commercial precinct
14-Aug-2014 01:43:43
NAI Harcourts quarterly statistics (New Zealand, May - July 2014)
05-Aug-2014 23:46:04
NAI Harcourts’ May to July statistics reveal there has been a 33.7% drop in new listings. This is a strong indication of the tightness of the current commercial market. NAI Harcourts General Manager Michael Grainger says there continues to be a lack of high quality stock and vendors are tending to hold on to such property to take advantage of capital gains. This remains a frustration to investors.
There is also hesitancy leading up to the general election, which traditionally brings a slowing in the number of listings. We can expect to see a reversal of this trend after 20 September, as vendors move forward with confidence.
Written volume has jumped by almost 12%, which shows those investments on the market are selling well.
The most striking statistic is the 114% jump in written value.
Grainger says this is on the back of several speculative land deals that have occurred over the past three months. These deals will see the establishment of residential subdivisions in greater Auckland.
Now in its fifth year of operation and with a growing reputation in the commercial arena, NAI Harcourts is also increasingly attracting large, high profile investments. This also accounts for the jump in written value.
NAI Harcourts recently celebrated one of its top offices, Hamilton Commercial, winning at the Real Estate Institute of New Zealand’s annual awards. Harcourts Hamilton was announced as Runner Up in the Small/ Medium Commercial and Industrial Office category. With over 12,000 sales consultants from all the major real estate groups competing, it is an outstanding effort for the office and solidifies NAI Harcourts’ position as a standout leader in the commercial and industrial sector.
NAI Harcourts Hamilton Commercial recognised as top performer by REINZ
25-Jul-2014 21:20:12
Harbour views and vacant possession
26-Jun-2014 22:35:58
Oustanding road front property in Piermark Drive
26-Jun-2014 22:30:12
Gold mining history up for tender
21-Jun-2014 01:52:54
Well-located Wairau Park investment with secure tenancy to be auctioned
18-Jun-2014 00:56:57
Experienced commercial professional to drive business in Auckland Central
29-May-2014 00:08:42
Top commercial performer in New Zealand
24-May-2014 00:58:32
NAI MarketLeader (New Zealand, May 2014)
16-May-2014 23:33:21
In this month's NAI Market Leader:
- Top end of year results and auction success
- Celebrating NAI Harcourts' best performers
- Sell your property through Key Assets