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

 

Prefu Roundup: Forecasts Revised, Surplus Intact

The National government heads into the election with its Budget surplus target broadly intact, delivering a set of economic and fiscal forecasts marginally revised from May to reflect weaker commodity prices and a lower tax take. More>>

ALSO:

Convention Centre: Major New SkyCity Hotel And Laneway For Auckland

Today SKYCITY Entertainment Group Limited revealed plans to build a new hotel and pedestrian laneway of bars, restaurants and boutique shopping on land it owns in the Nelson and Hobson Streets block, expanding the SKYCITY Entertainment Precinct. More>>

ALSO:

Igniting The Spark: Bringing The Digital Enabler To Life

Changing a name is, relatively speaking, the easy part of a re-invention. Changing a culture, getting all the ducks in a row, turning yourself inside-out to become customer-inspired is a much bigger challenge. More>>

ALSO:

Ebola And NZ: Targeted Screening At Airport But Risk Low

The risk of any cases of Ebola in New Zealand remains very low, but health and border authorities are well prepared... anyone arriving in New Zealand who in the last three weeks has visited countries affected will be screened for symptoms of the disease. More>>

ALSO:

Scoop Business: Brewer Seeking Crowd-Funding Cancels Shareholders’ Dividends

Shareholders in Renaissance Brewing company, the first business to seek equity through crowd-funding in New Zealand, have cancelled their claim on $147,000 of accumulated earnings “to make Renaissance a more attractive investment opportunity.” More>>

ALSO:

It's Spark Now:
Why Telecom Wanted To Change

New Zealand led the world when Chorus demerged from Telecom. It gave us a telecommunications industry structure where the network is completely separated from the products and services it delivers. The changes brought about a new market dynamic and it dramatically changed Telecom’s role. More>>

ALSO:

Glass Half Empty: Dairy Prices Fall To Lowest Since 2012

Dairy product prices slumped to the lowest level since October 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and cheddar. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news