3 Hibiscus Coast properties and 2 in the north-west have been sold by Bayleys agents, and an Orewa showroom leased.
The first property up for sale at NAI Harcourts’ auction at the Royal NZ Yacht Squadron yesterday, an Otara shop with office space above, was sold under the hammer at a 4.5% yield, but that was the end of the good run as the remaining 8 properties were passed in.
Published 10 September 2012 Woodhill Black Sand Ltd (David & Joy Steele, Woodhill) won a court order today to enforce possession of the property it bought in a mortgagee sale from barrister Barry Hart. ANZ National Bank Ltd said in an injunction hearing in May it was owed $30 million, with interest accruing at more […]
Published 13 July 2012 Auckland barrister Barry Hart withdrew his second injunction application against the sale of his 965ha of land at Waimauku yesterday, and undertook not to lodge further caveats. The withdrawal & undertakings given to Justice Geoffrey Venning in the Auckland High Court mean ANZ National Bank Ltd’s international mortgagee tender, which closed […]
Published 21 June 2012 Leading Auckland barrister Barry Hart withdrew an injunction application to prevent the sale of his extensive property holdings at Waimauku today, then said his dispute with the bank was close to resolution. ANZ National Bank Ltd took the 965ha to international tender through Bayleys in March, closing on 3 May. Counsel […]
Published 18 May 2012 Prominent Auckland barrister Barry Hart’s application for an injunction to stop sale of 965ha of his land at Waimauku was put into a court timetable yesterday, leaving the bank which put it up for mortgagee tender to continue with the sale. Justice Warwick Gendall said in a brief Auckland High Court […]