Article sourced from NZ Herald, 8 November 2023 A new $20 million investment in healthcare infrastructure is set to improve access to health services for Māori and the wider rural community in one of the South Island’s fastest-growing towns. A Otago University study found rates of mortality higher for rural populations such as North Canterbury,…
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Christchurch Press Reports: Amberley is set to nearly double in size in the next few years with a record number of consents for new homes and a $200 million retirement village. One of the largest districts in the country with some 1600km of roading to maintain, Hurunui’s approximately 14,000 residents means it has the second…
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New Zealand’s property market has been one of the most resilient in the world, even in the face of the Covid-19 pandemic. According to the Real Estate Institute of New Zealand (REINZ), the median house price in New Zealand increased by 19.3% from March 2020 to March 2021, with record prices being achieved in many…
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In November 2019, a wholesale investor invested $100,000 in our Hastings Distribution Centre Property LP syndicate through the subscription of units in the syndicate. It is a 45,351 m2 warehouse tenanted by Heinz Wattie’s on a 7.65 lease (4.65 years as at 1 September 2022) with an 8% pa* projected pre-tax cash return, paid monthly.…
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Investing in property is all about securing your financial freedom. Like most journeys in life, there are lots of different means of getting to where you would like to be, and many pitfalls along the way, but the more you know, the more prepared you will be and the better the choices you can make.…
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How We Secured This Property: We first heard of this property in Hastings through an agent in our network around September last year. We expressed interest but as it was a re-build we waited for progress to be substantially under way and a lease document to be finalized with the proposed tenant. This was done…
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Erskine and Owen were able to secure the property below “off-market” as Buyers’ Agent for one of our property investment clients. This opportunity came to us via our network of real estate agents due to the special circumstances of the vendor. The vendors were selling to raise funds to build, however, they also needed a…
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With a week to go before Christmas, when most people are winding down, at Erskine + Owen and Point Property we find ourselves in one of our busiest business periods – at the end of a most unusual year. Property Market Since the latest lockdown in Auckland, we have had a record number of people…
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We have recently purchased a commercial daycare property yielding 5.5%, with a recently signed 10 year lease and reputable tenant. The existing clients have an established residential portfolio and were looking to add a property with strong yield as they are nearing retirement. Through our sister company Point Property, we will manage the property post…
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Introducing Jared Halligan, our new GM of Property
In this video interview, Jared brings forth over two decades of valuable experience within New Zealand’s property management industry. His impressive track record includes revitalising aged establishments. Hear what he has in mind for our newest investment opportunity: the Brackenfields Property in Amberley. Watch Interview
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