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

 


Whale Watch Town Welcomes Harcourts Office

World Renowned Whale Watch Town Welcomes Harcourts Office

The seaside settlement of Kaikoura, renowned world wide for its whale watching is now also home to a Harcourts office which officially opened earlier this month. Situated midway between Christchurch and Picton, Harcourts Kaikoura Principal John Davis, described the town as a very special place with a real estate market that had “come of age”. Kaikoura now has around 90 properties selling per year and an average sale price which has doubled since 2001 to just on $300,000.

Mr Davis made particular note of new residential subdivisions ‘Ocean Ridge’ with 300 homes and ‘Seaview Subdivision’ on Hastings Street, along with the “Ngai Tahu development of an upmarket resort/conference/golf club which will add a whole new dimension to the area.”

While Harcourts has enjoyed success with a locally based team member from its Blenheim office, Mr Davis said building the right team locally meant providing a much needed permanent office to meet the gap in the market. “With around 50 percent of buyers coming from Christchurch where Harcourts is a dominant brand, Harcourts Kaikoura will provide a comprehensive service wherever our clients are based.”

The office is a joint venture between Mr Davis and Kathy Brown who is also managing it. Kaikoura ‘born and bred’ Mrs Brown has ten years industry experience including launching her own very successful property management business five years ago. The office will focus on residential, rural and commercial.

Mrs Brown noted Kaikoura’s population of 4,000 had experienced strong growth amongst retired people, as well as those moving to the region for lifestyle, investment or a second home. “Tourism is booming and commercial is also growing with the likes of Couplands, Wild South, Smith City which have recently opened. Rental demand is also on the rise with the increasing number of contractors coming to the area.”

Harcourts New Zealand CEO, Bryan Thomson, said, “Harcourts is committed to providing every viable marketplace in New Zealand with a quality global real estate service. The growth of Kaikoura as an international eco tourism venue and the long overdue recognition of this very special location provide ideal timing for our brand to become further established. We are excited with this new office and look forward to growing the loyal support the local community has given us for many years.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: 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>>

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:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news