Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Record for Popular Christchurch Beach Suburb

25 February 2005

Sales Record for Popular Christchurch Beach Suburb For Release:

The burgeoning popularity of Christchurch’s developing eastern beach suburbs has seen what is believed to be a new record set for residential property in the eastern part of Christchurch. The Neptune Place executive home recently sold for just on $730,000 surpassing the previous Northshore record of $517,000 by over $200,000.

Marketed by Peter Wasley from Harcourts Parklands, the 5 bedroom 8 year old David Reid home was not only immaculately presented, as a beach front property with water views it had the key ingredient recognised internationally by property buyers in today’s market. Mr Wasley said Northshore was an increasingly popular area of Christchurch with the rugged natural coastline of sand dunes and native grasses appealing to many buyers.

Having managed property sales in the area for over five years now, Mr Wasley said, “Northshore is without a doubt now a premium sought-after suburb of Christchurch,” with the prices being achieved consistently rivalling the more traditional popular suburbs.

Co-owner of Harcourts Parklands, Andrew Swift said, “When the first stages of the Northshore subdivision opened a number of years ago it was popular with those looking to combine a beach lifestyle with a modern home which up until then had been difficult to find in suburban Christchurch.” Being within a few hundred metres of an uncrowded surf beach, golf course, and forest plantation with recreational facilities added to the package.

Mr Swift said, “Today, the resurgence of interest in Northshore is unbelievable. Recent growth in the area, global popularity of coastal real estate, and strong investment in what was a lower profile suburb has seen the value of land skyrocket and the quality of dwellings clearly surpass what could have ever been imagined a few years ago.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news