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

 


Value still to be had in central Auckland

Value still to be had in central Auckland

Press Release: Harcourts

4 April 2014


Otahuhu is the last undervalued suburb in central Auckland where it is still possible to get a family home for $300,000.

Owner of the new Harcourts Otahuhu office Preet Grewal says although he already has an office in Manukau City, he wanted to expand in order to service the huge demand he is expecting in Otahuhu.

“Otahuhu is only 15 minutes from the Auckland CBD and I believe it’s undergoing the same transformation that Ponsonby did. It has plenty of old villas and people are starting to realise there is no better value for money close to the city centre.”

With New Zealand’s largest shopping centre Sylvia Park just five minutes away, Mr Grewal thinks Otahuhu will not remain undervalued for long.

Well-known sales consultant Mushtaq Sheikh has accepted the position of branch manager.

Mr Sheikh, who has worked within the Otahuhu community for years, says he can tell the suburb is on the cusp of change as many of the big brand chain stores are moving into the area.

“When a suburb starts becoming attractive to the big chains, it’s a sure sign more people are moving into the area,” Mr Sheikh says.

Harcourts Otahuhu opened for business on 1st April and marks a milestone for Preet Grewal, who opened his Manukau office less than two years ago.

Mr Grewal started the business with three staff - himself, a licensee/manager and a new-to-the industry sales consultant. That was in April 2012. Today the office employs 30 full time staff and have also diversified into commercial property, opening a NAI Harcourts branch above their residential office on Sharkey Street, Manukau.

As well as hiring experienced staff, there are a large number of newly qualified sales consultants in the business. Mr Grewal chooses people he believes are natural salespeople and mentors them personally, drawing on his years of experience in the real estate industry both in New Zealand and the United Kingdom.

It’s a formula that’s working, with his team achieving outstanding results.

The same winning formula will be put in place at the new Otahuhu branch to achieve the best results for their clients.

Harcourts CEO Hayden Duncan says Preet & Co Real Estate Limited is one of the fastest growing Harcourts’ franchises internationally. There are some 780 offices worldwide.

“Preet and his team are excellent operators and offer their customers the level of service that will quickly make Harcourts Otahuhu the place to go when buying or selling in the area.”

Harcourts Otahuhu is located at 123 Atkinson Avenue, Otahuhu.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news