August 21st, 2014

Property Focus Newsletter (August 2014, Australia)

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In this month’s Property Focus newsletter:

Upcycling in the Home: Ideas for turning discarded items into something useful…

Market Trends: Get all the latest property market facts from around Australia…

9 Inexpensive Ideas to Boost Your Property’s Appeal: Tips to freshen up the look of your home for spring…

Read more HERE…

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August 19th, 2014

NAI Harcourts Market Leader (Australia, August 2014)

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In this issue of NAI Harcourts Market Leader:

  • NAI Harcourts open their first office in Perth
  • Market facts from around Australia
  • Global commercial property market trends
  • Brisbane and Hobart commercial market update

Read it HERE…

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August 18th, 2014

Asian investment key to upward commercial trends

Overseas investment in commercial property is gaining strength, with interest from the Asian market particularly robust.

The investment is driving up prices, lowering yields and providing vendors with better than expected returns, NAI Harcourts general manager Michael Grainger says.

To bring in the overseas dollar, NAI Harcourts is using its global reach to connect with Asian investors.

Grainger says relationships with NAI Global offices in Taiwan, Japan, India, Korea and Malaysia mean clients using NAI Harcourts have a wide market readily available.

“Overseas investment used to come largely in the form of dollars from corporate Australia. However, that has changed dramatically over the past 10 years and it’s now Asia, and particularly China, where the bulk of the investment comes from. We are seeing a mix of both corporations and high net worth individuals looking to invest.”

NAI Harcourts Auckland Central director of sales Nicolas Ching says he regularly taps …

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August 14th, 2014

Opportunity to aquire and reposition an iconic Auckland CBD building

10-14 Lorne St 02 (3)Located in the heart of the CBD and Art Gallery precinct, 10-14 Lorne Street’s iconic sloping profile is well known to Aucklanders.

This freehold standalone property is now available for investors wishing to buy into one of the city’s most strategic locations.

Offered for sale by tender, the property is being marketed by Andrew Bruce and Nicolas Ching of NAI Harcourts, and Bruce Whillans and Henry Thompson of Ray White Commercial.

Originally built for National Mutual in the 1970s, 10-14 Lorne Street is a ten level office building   comprising a total lettable area of 5,121m² across nine office floors and four ground floor retail tenancies.

The property has a robust A-Grade seismic rating and recently underwent a significant refurbishment.

Andrew Bruce says the ground floor is fully occupied by four established retailers returning $311,849 pa gross, providing a stable holding income while the new owner decides on how to best …

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August 14th, 2014

Rural Property Focus (Spring, 2014)

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In the spring issue of Rural Property Focus:

  • Dairy industry update
  • Harcourts Rural School’s Competition winners
  • Rural property report

READ MORE

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August 13th, 2014

Mixed investment in rapidly growing commercial precinct

38 Wakelin Rd 07A unique investment opportunity, offering a mix of commercial and residential tenancies, is available in the rapidly growing commercial precinct of Beachlands.

38 Wakelin Road is a tightly held location, with massive housing and commercial developments planned for nearby.

The property includes 922m² of freehold land and two separate buildings.

The road front commercial building is tenanted by three of the most reliable tenants an investor could hope for – the New Zealand Police, Beachlands Post & Lotto Limited (which includes Kiwibank) and BNZ Branch Properties. It has excellent exposure to Wakelin Road, a main thoroughfare through Beachlands.

The residential building has been modernised and includes a three bedroom dwelling and a one bedroom flat. This building is to the rear of the site and is accessed by a service lane, allowing it privacy and quiet. There are also sea views from the upper level.

NAI Harcourts Auckland Central Sales …

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