Erskine + Owen are proud to present this exciting opportunity in Dunedin. For NZ$100k (minimum) you will get exposure to a syndication offer that is a commercial building on a full site land parcel. Investment Highlights 8.0% Cash Yield The Maclaggan Property Syndicate is offering a projected pre-tax cash return of…
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One of the emerging stars in NZ’s property market is Dunedin – which is being recognised as a region of growing potential. Dunedin’s population grew 2.7% in the year to March 2019, well ahead of the national average. Employment opportunities are on the rise in Dunedin, particularly with large service industries. Enrolments at the University…
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Having successfully worked in the Asian financial markets as a director of a UK listed securities company ICAP Plc and as the head of APAC Equities for 5 years in the Asia Pacific region, Toby relocated to Auckland with his NZ wife & three children. Toby is licensed as a Buyer’s Agent under the REAA…
Read MoreAs Buyer’s Agents, the team at Erskine + Owen take great pride in finding the perfect property to fit every client’s specific requirements for an investment property. Here is a recent example of a property acquired for a client which is expected to provide both a solid rental income, and growth in equity. …
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Investment Highlights The projected annual net operating cash flow return yield to LP’s is 7.0% A combined property of 1,693m2 only 300m from Hastings CBD Includes two fully tenanted buildings and 30+ carparks 301 Railway Road The 301 Railway Road main building comprises an early two storey residence estimated to have been constructed around 1920.…
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The process of buying a property in New Zealand is not complicated, but it is involved. Once you have found a property you wish to purchase, there are several steps in the process to secure it. It’s important to know what happens and when – so you can be confident and get it right. Plan…
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In June 2017, Erskine + Owen went unconditional on a 31 room lodge in the heart of Hamilton’s CBD. The Hill Street Lodge is a solid 1970’s concrete office block that was converted to student accommodation in the mid-1990s. It is an established lodging facility that has been in operation for many years. We have…
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The Residential Tenancies (Prohibiting Letting Fees) Amendment Act has now been passed, As of 12 December 2018, tenants cannot be charged letting fees. Letting fees are normally the equivalent of one week’s rent (excl. GST) and paid at the beginning of a tenancy as an upfront cost to the property manager. As you can imagine,…
Read MoreWe are pleased to announce our latest property syndication offer is available to view. Property Syndication means shared ownership by pooling together with other investors to access property you couldn’t buy alone. To learn more about syndication and whether you qualify as a “wholesale investor” to take part CLICK HERE. NEW Property Syndication, Queenstown, New Zealand – Own a piece of New…
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In February 2017, the E+O team secured this Hamilton home and income on behalf of a long-standing client. Purchased for $815,000, the property and minor dwelling is currently being rented for a total of $870 pw, delivering a yield of 5.67%. This 1950’s to 1960’s brick exterior house, has three bedrooms and one bathroom. Recently added…
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