10 properties sold under the hammer out of 16 on offer on Wednesday at Bayleys’ third Auckland Total Property auction of the year.
Read more →Central North Island
Yields track downward in 13 sales south of the Bombays
Bayleys agents have reported 13 sales from the Hauraki district down to Taupo, including 6 at Mt Maunganui & Tauranga.
Read more →Browns Bay property leads sales at Colliers auction
A Browns Bay beachfront property (pictured) was sold at Colliers’ auction yesterday at a 4% yield on passing rent (one vacancy), 4.6% on potential. It has 12 tenants in 3 buildings running through from Clyde Rd to the beachfront reserve. The one other property to sell under the hammer, in Hamilton’s cbd, sold at a […]
Read more →Parties bewildered as ministers reject Pengxin purchase of Lochinver
Ministers turned down Shanghai Pengxin’s application to buy Lochinver Station “because the benefits to New Zealand are not substantial & identifiable”. Buyer & seller were bewildered by this apparent change in stance.
Read more →Quest opens in Taupo on Friday
Quest Serviced Apartments (NZ) Ltd will add a new property to its portfolio on Friday when Quest Taupo opens.
Read more →Fletcher centre in Taupo sells
One property, in Taupo, sold at Colliers International’s commercial auction today, but negotiations were continuing on the other 3.
Read more →Craig reveals Pengxin purchase of Lochinver Station
Shanghai Pengxin Group Co Ltd, buyer of the Crafar family’s farm portfolio & majority shareholder in Synlait Farms Ltd, has signed an agreement to buy the 13,843ha Lochinver Station in the central North Island from the Stevenson Group family.
Read more →Sax buys Kinloch course
Published 29 July 2011 John Sax of Southpark Corp Ltd has bought the Kinloch golfcourse, with plans for a luxury lodge. The course also has consent for 69 residential sites. Southpark revealed its purchase yesterday. Coromandel Investment Trustees Ltd bought the 311ha Kinloch golf resort (apart from some subdivision land) from Hanover Finance Ltd for […]
Read more →Taupo industrial subdivision application
Published 17 January 2010 Jurisdiction: Taupo District Neighbourhood: Taupo Applicant: CNI Developments Ltd (Joshua Hannen & Michael Jacobs, Taupo) Application detail: 315 Centennial Drive, industrial subdivision & land use applications for 15 lots of 5001-7776m² Notification date: 15 January Submission closure date: Friday 12 February Other details: Mr Hannen […]
Read more →Taupo Westpac building sells below 5%
Published 9 December 2008 The Westpac bank in Taupo’s commercial centre has been sold at auction for $2.695 million, at a yield below 5%. Gary Harwood, of Bayleys Taupo, said the 544m² 2-level building, on a 390m² site at 27-29 Horomatangi St, attracted interest from all over New Zealand, with 8 registered phone bidders […]
Read more →Hanover’s tender gets buyer for Kinloch golfcourse
Published 10 July 2008 Hanover Finance Ltd said today a sale had been agreed for assets specifically associated with Kinloch Golf Resort Ltd. Hanover held a secured first mortgage over the Kinloch assets, including the golfcourse and bulk development sites within the project. Chief executive Bruce Gordon said Kinloch had been sold after […]
Read more →Proposal for 95 rural lots on Taupo outskirts
Published 20 April 2008 Jurisdiction: Taupo District Neighbourhood: Taupo, Mapara Valley, a few minutes west of the Taupo township Applicant: Tukairangi Valley Properties Ltd (Paul Bublitz, Auckland; & Richard Chisholm, Palmerston North) Application detail: Tukairangi Rd (Nos 444, 448, 526, 546, 626, 654, 658 & 696), to subdivide in 95 rural lots, […]
Read more →Oruatua campsite to be converted to holiday units
Published 2 November 2007Jurisdiction: Taupo District Neighbourhood: Taupo Applicant: Te Ngaro Whenua Ltd (Jeremy Foster, Ponsonby & Taupo) Application detail: Oruatua, 221 State Highway 1, at the southern end of Lake Taupo, application to develop 22 holiday home units on the former Oruatua motor camp site, requiring land use consent for internal encroachments into the […]
Read more →Fontein seeks consent for 455-unit village at Huka Falls
Published 27 August 2007Jurisdiction: Taupo District Neighbourhood: Huka Falls Applicant: Huka Falls Resort Ltd (Patrick Fontein, Remuera) Application detail: Huka Village, corner State Highway 1 & Huka Falls Rd, land use consent for the construction of 455 dwellings at 20, 28, 44, 56 & 58 Huka Falls Rd. Specifically, consent is sought for development of […]
Read more →Otorohanga caravan-maker off to Te Rapa
Published 16 January 2007 Tourism Holdings Ltd issued a roundabout NZX statement today, eventually telling the people of Otorohanga it was closing the King Country town’s third-biggest employer and was relocating the business to Te Rapa. Tourism Holdings said the business, CI Munro, longtime manufacturer of motor homes, campervans, caravans & other special-purpose vehicles, was […]
Read more →Taupo council puts revised growth proposals out for submissions
Published 13 January 2007 Taupo District Council has replaced 2 sections of its proposed district plan relating to rural subdivision. The council has withdrawn: variation 8 (rural provisions) and section 3B (rural environment). It’s introduced: variation 19 (applying new rural subdivision rules and revising the minimum lot size) variation 20 (providing for strategic zoning for […]
Read more →Carter Holt seeks consent for 106-lot Lake Ohakuri subdivision
Published 3 September 2006 Jurisdiction: Taupo District Neighbourhood: Lake Ohakuri, next to Lake Atiamuri, State Highway 1 Applicant: Carter Holt Harvey Ltd Application detail: 274 Ohakuri Rd, including part of the former Ohakuri camping ground site, subdivision & land use resource consents, 7 lifestyle lots ranging from 3323m²-5.27ha, 99 residential lots ranging […]
Read more →Pandey plans Cherry Island resort at Taupo
Published 20 August 2006 Jurisdiction: Taupo District Applicant: CP Holdings Ltd (Charles Pandey) Application detail: Cherry Island, in the Waikato River, land consent to build & operate a 33-unit accommodation resort – a main apartment block, 2 single-level chalet blocks, 2 duplex-level chalet blocks, a 3-storey main apartment block & a 2-storey reception facility, restaurant […]
Read more →Foodstuffs gets consent to replace Turangi store
Published 19 January 2006 Foodstuffs (Auckland) Ltd has gained resource consent to replace its New World store in Turangi. Property strategy general manager Murray Jordan said that after a long consent process, detailed working drawings were being prepared for the new store, next to the mini golfcourse on Ohuanga Rd. The 1800m² new store will […]
Read more →Taumarunui building passed in
Published 11 December 2005 Bayleys Real Estate has sold 38 properties for more than $40 million in a series of Total Property auctions around the country. Taumarunui, corner Manuatare & Miriama Sts, 570m² retail building on 1012m², producing $26,300/year from leases to Colour Plus and King Country Glass running until mid-2009, passed in at […]
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