We took a view during the level 4 lockdown that property prices would not go down due to the strong demand drivers, but nor would they go up. We were right and wrong. Right because the market didn’t go down. Wrong because we think prices are going up. What’s going on with NZ property? Residential…
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Offer Summary + 7.0%* projected cash return paid monthly + Five fully tenanted Daycare Centres + Run by experienced Daycare operators with 10–15 year leases + Strategically located portfolio of properties + $50K minimum investment for wholesale/eligible investors + The offer has been fully underwritten + Total property value of $15,550,000 *Projected pre-tax…
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Our Daycare Property Syndication is now fully subscribed and currently returning the projected 7% per annum, paid monthly. The five Daycare properties are all fully tenanted by experienced Daycare operators with 10 – 15-year leases. Early Childcare Education (ECE) is a growing business sector and a growth market as demand for childcare increases annually. ECE…
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In October 2018, Erskine + Owen went unconditional on a storage complex in the rapidly growing area of Frankton in Hamilton. The storage complex is a Freehold corner site on 1528 m2 currently leased to six separate tenants on mixed lease terms with a forecast return of 7%* P.A. Paid Quarterly. The site is positioned…
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New Zealand is once again proving to be a safe port in a storm – especially during this time of political and economic uncertainty. Expats living in the Asia-Pacific region are at the forefront of those flocking to secure investments back home. The upsurge in interest began in June last year with the rise in…
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Summary Title: Freehold 718m2 Floor Area: 265m2 Dwelling: Configuration: 2014 built brick exterior with a pressed metal tile roof 4 bedrooms, 2 bathrooms, two separate toilets Garaging: Double with internal access Rent Range: Renovation: Purchase Price: Yield: $680 to $720 per week Presents as being in immaculate condition $1,025,000 3.8% Why this Property? Full…
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Hear Our Team Talk Through This Opportunity Investment Highlights + 8.0% P.A. projected cash return paid quarterly* + Tenanted by an iconic New Zealand brand + The site is Wattie’s National Distribution Centre in Hastings + It’s immediately adjacent to Heinz Wattie’s processing plant + It…
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Summary Title: Freehold 740 m2 Floor Area: 230m2 Dwelling: Configuration: Built 2000-2009 -Brick exterior with a tile roof 4 bedrooms, 2 bathrooms Garaging: Triple with internal access Tenancy: Renovation: Purchase Price: Yield: Rental Range – $610 to $640 per week Well maintained condition $835,000 4.04% Why this Property? Opportunity to invest into an…
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Summary Title: Freehold 1066m2 Floor Area: 180m2 Dwelling: 1930 weatherboard exterior/tile roof 4 Bedrooms, two bathrooms, basement room Garaging: Single garage, double carport and off street parking Tenancy: Renovation: Purchase Price: Yield: Rental Range – $560 to $580 per week Tidy tenantable condition $860,000 3.9% Why this Property? A large site in a sought-after…
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Directors Market Commentary: Churchill on Covid-19
Some have likened Covid-19 to this generation’s war. My Grandfather who died in the war, and my Grandmother who had to deal with his death would probably shake their heads and tell me I‘m as soft as an over ripe avocado. That said, it is probably the greatest challenge this generation has faced and that…
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