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

 


Queenstown and Wanaka property expo’ to be held in Auckland

Media Release
24.06.2013
Queenstown and Wanaka property expo’ to be held in Auckland

A portfolio of Queenstown and Wanaka homes and sections for sale is to be promoted to Aucklanders. The portfolio of homes and section is being brought to Auckland for a two day expo’ on June 28/29 by national real estate agency Bayleys.

The expo’ is being held at Bayleys Central Auckland offices, and features offerings ranging from sections just north of Queenstown and Wanaka from $199,000, through to a luxury home in Wanaka with a price tag of $2.5million.

Queenstown Lakes District Council records show that five percent of homes in the area are already owned by Aucklanders or Auckland-based entities.

Bayleys Wanaka director Mat Andrews said the region had plenty to offer – including excellent year-round recreational facilities such as mountain biking, golf, rafting, kayaking, hiking and skiing.

“We have a fabulous climate in Central Otago. The quality of schooling options is of a very high standard, and there are employment opportunities across a number of industry sectors – ranging from tourism and hospitality through to construction and infrastructure,” Mr Andrews said.

Bayleys Queenstown director David Gubb said: “There is a range of housing options available for people moving from Auckland into the Central Otago area – from suburban entry level dwellings, through to luxury high end lifestyle blocks with lovely views over the various mountain ranges and lakes of both Wanaka and Queenstown.”

Latest residential property sales data from the Real Estate Institute of New Zealand shows that sales values in the Central Otago Lakes District are on the rise – up to $465,000 compared to $417,000 for the same time last year. The REINZ says that is an increase of 11.5 percent.

Meanwhile, the average number of days properties in the Central Otago Lakes district take to sell is now 81. The REINZ summary notes for the Central Otago Lakes region state: “The median price trend continues to improve.”

Among the Queenstown and Wanaka properties for sale being showcased at the expo in Auckland are:
• An New Zealand Architecture Award winning home on 3040 square metres of land looking across to Wanaka and Treble Cone skifield for sale for $1.85million.
• A four bedroom/two bathroom Queenstown open plan house in Wanaka for sale for $649,000.
• A four bedroom/three bathroom Registered Master Builders House of the Year award winner on 1661 square metres of land in Wanaka for sale for $1.25million
• A three bedroom/three bathroom lakeside apartment in Queenstown for $995,000.
• A virtually brand new four bedroom Queenstown home complete with purpose built movie room and use of communal jetty on Lake Wakatipu and private boat ramp for sale for $1.995million.
or
• A three bedroom/three ensuite house close to Wanaka’s CBD… available for $2.5million.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news