We recently had a brief from a client to source a property with a value up to $1.5m and a 9% + yield. Jan 2013 our client went unconditional on the following: Purchase price $1.450m Rent $136k per annum Yield 9.38% Lease: 4 months in to a 4 year lease with 2 x 4 year…
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We all know what we want. Passive income, a place to grow a family, a business premises that won’t hold us back. But what are the specific goals around those drivers? How do you get there? Where do you start? Start with the end in mind. The stats around planning are compelling. Businesses are far…
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Once you have completed a Plan and Buying Profile you sit back and enjoy life while we get to work – working our networks and monitoring all stock for sale. While we give you weekly updates there isn’t a lot of activity from your perspective – but rest assured we working hard in the background to get you a…
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We care as much about your property as you do! Our dedicated team of property managers use their professional skills to find quality tenants, minimise vacancies and handle repairs, maintenance, accounting and legal compliance. The benefit of our professional service to you, and our focus, is a better return on your investment. Find out the…
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The media says demand for NZ property is on the rise, a recent report suggests it will not be possible to build new stand alone dwellings in Auckland by 2023, the Auckland underground rail is supposedly approved, the Christchurch rebuild is forecast to have significant impact on GDP. How will these factors impact property prices?…
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For time strapped house hunters who are getting frustrated with the property market, many are turning to expert services to help them buy investment properties. Buyers Agents are a relatively new concept in Auckland. Where a real estate agent works for the vendor (seller), a buyers agent works for the buyer. Alan Henderson, Director of…
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Erskine + Owen was asked to comment on the very real issue of a property supply shortage in Auckland City. Evidence of a growing demand for property with a declining number if building consents being issued is just one factor causing concern. Director Lisa Phillips was asked to discuss Erskine + Owens prediction of a…
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Specialist agency’s client base doubles as competition for properties increases. Some time strapped house-hunters frustrated by Auckland’s booming housing market are turning to expert services to secure their property investments. Director Alan Henderson was asked to comment by the New Zealand Herald. Click here to view article..
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How do you go about seeking a remote location to build or buy and what advise would you give about deciding which location to choose in New Zealand? Director Lisa Phillips was asked to comment by the Sunday Star Times. See the article here.
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Is there real heat in the NZ property market, or is this a blip?
In April 2011 Lisa Phillips, Erskine + Owen Director, was interviewed by TV3 about a looming land shortage in Auckland and highlighted that Auckland City Council would play a pivotal part in the timing of the crisis – Click here for the interview. Just under two years on and we are well and truly in…
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