Reside magazine 25th August 2016

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WHEN YOU CHOOSE TO WORK WITH THE

N0. 1 HARCOURTS OFFICE

IN THE WORLD (OUT OF 800 OFFICES)

HARCOURTS GOLD

PAPANUI

reside OUR EXCLUSIVE PROPERTY MAGAZINE

ISSUE 25 25TH AUGUST 2016

YOU’RE IN GOOD HANDS


URTS G

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AUGUST D

WORK WITH THE

BEST!

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2 3 4 5 9 10 11 12

13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 GOLD AUCTION DAYS

JOHN MCFADDEN Business Owner Harcourts Gold AREINZ

LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ

CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant


01

ORDER OF SALE

Meet Our Top Performers

02

03

CONTENTS

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Welcome to the August edition of Reside magazine The property market is booming this August so if you’re looking to buy or sell, steady price growth and low interest rates make Winter the right time to strike.

05

We’re confident that we have properties to meet everyones real estate needs.

Happy reading

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06 07

Auction Bid Sheet

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Upcoming Auctions

Conduct Of Auction

Gold Tips

Auction Results

Market Comment

Gold Chat


01

ORDER OF SALE

MEET TODAY’S AUCTIONEERS

AUGUST 25TH, 2016 Sold Prior •

82 Proctor Street, Papanui

50 Centaurus Road, Cashmere

From 10:00am 01

42 Blue Gum Place, North New Brighton

02

45 Ben Nevis Drive, Broomfield

03

465 Manchester Street, St Albans

04

30 Ruapani Street, Marshland

05

30 Bretts Road, St Albans/Merivale

06

16 Horton Place, Avondale

07

9 Tangmere Place, Westhaven

08

2/72 Beckford Road, Opawa

09

3 Lucknow Place, Cashmere Hills

10

47 Croziers Road, St Albans

BRYAN THOMSON FREINZ AUCTIONEER

BEN DEANS AUCTIONEER

BIDDING TIP

NO.1

BE CONFIDENT IN YOUR BIDDING


82 Proctor Street, Papanui SOLD PRIOR Auction Brought forward - Monday 22nd August • Close to all amenities and zoned for highly-desirable schools, this sun-soaked executive double glazed townhouse will attract interest from a wide range of prospective purchasers. • Built from stylish Linea board and brick, this 239 m2 home boasts four double bedrooms and two sparkling bathrooms, including an ensuite off the master. The well-appointed gourmet kitchen is complemented by a spacious open plan living/dining area and a separate formal lounge, with an array of intelligent heating solutions ensuring the entire home is warm and inviting. These include 2 x heatpumps and a gas fire. • Outside, the choice of outdoor living with both a paved and decking area is ideal for both morning and afternoon entertaining whilst the fully fenced grounds were designed with minimal maintenance and maximum relaxation in mind. The covered spa pool is an indulgent extra, while the double, internal access garage (with workbench and loft storage space) completes the appeal.

MARY TURNBULL PAPANUI

C

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WORK WITH THE

BEST!

WORD Christchurch Writers & Readers Festival 2016 24th to 28th August Issac Theatre Royal The Read Aloud Schools programme is presented in partnership with Harcourts gold.

50 Centaurus Road, Cashmere SOLD PRIOR An ‘As Is, Where Is’ Charmer! • With perfect orientation to maximise sunlight hours plus ideal positioning on an elevated site prepare for the appeal of this wee charmer. This 1940s character bungalow reflects the delightful harmonising of old and new. • Generous living proportions, modern kitchen and smart presentation combine for instant appeal. • EQ damage is not significant (with only 56 mm approx. foundation settlement), placing this wee charmer as a prime candidate for mums and dads seeking to assist the kids onto the first rung of the property ladder.

PETER GRIFFIOEN PARKLANDS

& CALEB GRIFFIOEN

• Recent improvements equate to modern convenience and last summer’s paint job will keep maintenance to a minimum, meaning you get to live the rich lifestyle this desired location affords. • Direct access to the sheltered garden setting provides the ideal spot to lounge about during those balmy summer evenings.


01

42 Blue Gum Place, North New Brighton

FROM 10:00am

As Is, Where Is - Pending Hot Spot! • With confirmed plans afoot for construction of the shared AGHS/SBHS and Eastern Recreation Centre on the former QEII site - a virtual hop, skip and a jump away - one can be assured of positive growth to follow. This exciting key asset is set to underpin local values and consequent demand for accommodation. • With EQ claims settled, funds in the bank and our owners moving into their new home, the timing is right for immediate sale. The property is offered on an ‘as is, where is’ uninsured basis. • Without question the property provides opportunity and value for astute investors, mums and dads assisting the kids and of course those in the construction sector. The repair strategy has been cited as straightforward, especially so given the property’s fully reinforced concrete floor slab.

PETER GRIFFIOEN PARKLANDS

• Sunny north-facing living areas provide versatility and provide privacy and excellent flow to freehold easy care grounds of 505sqm.

& TESS MALEY

FOR YOUR REFERENCE. SALE PRICE

02

$...........................................

45 Ben Nevis Drive, Broomfield, Yaldhurst Calling Large Families & Smart Investors! • Handy to all amenities including the airport, Church Corner and Hornby Mall this sunny, permanent material, family friendly home is nestled amongst other quality homes in a quiet cul-de-sac with a lovely reserve. • This property will appeal to a wide range of prospective purchasers, including large families looking for an affordable opportunity to establish themselves in this sought-after spot, and astute investors drawn to the enviable yields on offer.

FOSS SHANAHAN PAPANUI

( Great)GOLD GIVEAWAYS

TO WARM UP WINTER enter the draw at www.homes4sale.co.nz or like our Harcourts gold Papanui Facebook page

• Accommodation is provided by six bedrooms, all of good size and include built-in wardrobes and the master having walk in wardrobe and ensuite. Comprised in the bedroom configuration is a two bedroom wing with its own bathroom. This will provide the perfect living environment for large or blended families that need the space and at times a bit of separation. The huge open-plan kitchen dining area is complemented by a second lounge which is separate and again a very good size. and two well-appointed bathrooms well-appointed bathrooms.

FOR YOUR REFERENCE. SALE PRICE

$...........................................


03

465 Manchester Street, St Albans Big, Ten Bedrooms & Keen Seller • This is what we have on the market.... extremely motivated vendor wants to see a SOLD sign at auction or prior to auction day. • L3, 655m2 on TC2 land. • Big house with large floor area • Good cash flow opportunities. • Fully furnished 9 double bedrooms, 1 single bedroom, 3 separate showers, 4 toilets, a large kitchen/dining & a large separate common lounge. • An easy care, tidy & well maintained site. • Lease management in place. • Close proximity to CBD, shops, cafes & transport.

MARK, PEDRO O’LOUGHLIN PARK

& ESTELLE YANG

REDWOOD & PAPANUI

• Fully insured.

FOR YOUR REFERENCE. SALE PRICE

04

$...........................................

30 Ruapani Street, Marshland One of the Best I’ve Seen! • All the elements for luxurious and easy living are present in this contemporary new home. • The site itself gets this home off to a great start, with the Waitakiri Golf Course on its northern boundary so your outdoor living appears endless. Then there’s the design, a collaboration between the owners and awardwinning architect John Curtin, and finally the build, faultlessly executed by Baylis Exclusive Homes. Specified to a very high standard throughout, considerable time, money and design talent has gone into its interior design. • The overall look is a classic, timeless finish with the enduring beauty of white American Oak flooring combined with high cathedral ceilings. • All the practical aspects have been taken care of to ensure that living here today and in the future will be an ongoing pleasure.

CAMERON BAILEY PAPANUI

FOR YOUR REFERENCE. SALE PRICE

05

$...........................................

30 Bretts Road, St Albans/Merivale Picture Perfect! • Surrounded by other quality homes and zoned for some of the city’s most sought-after schools, our feature listing will appeal to families of all shapes and sizes! • Framed by manicured gardens and oozing street appeal, this two-storey character home plays host to four bedrooms and two bathrooms, including an ensuite off the master. • The well-appointed kitchen is complemented by sun-soaked openplan dining and living spaces, with a separate lounge and a family room providing plenty of versatility.

MARY TURNBULL PAPANUI PAPANUI

• Excellent indoor/outdoor flow promotes easy access to the 717m2 grounds, where established gardens help to create an incredibly restful ambience and a variety of entertaining spaces mean you’re spoilt for choice when it comes to enjoying this pristine setting. • The final part of the equation is the location, which is every bit as attractive as the home itself.

FOR YOUR REFERENCE. SALE PRICE

$...........................................


06

16 Horton Place, Avondale Hug Me, Hold Me or Bowl Me Over • Uninsured and deemed a repair, this summerhill stone home is one of the better of the ‘as is where is’ properties to come to the market in this area. • She provides light and bright spaces throughout with the kitchen sitting open plan to the dining room ensuring the chef is a part of family life. The separate lounge flows easily to the patio for summer enjoyment. • A fire and heatpump ensure year round comfort and the gas hot water provides plenty for all. All three bedrooms are doubles with wardrobes and the bathroom offers a shower over bath with separate toilet and laundry. A double garage completes the property which is set on a 630sqm northfacing TC3 section in a peaceful cul-de-sac. • Hug her, hold her or bowl her over - the choice is yours. One thing is certain - she is to be sold - our owner is no longer in Christchurch.

SANDRA O’BRIEN PAPANUI

FOR YOUR REFERENCE. SALE PRICE

07

$...........................................

9 Tangmere Place, Westhaven As Is, Where Is - Uninsured. Auction Thursday! • Owners have purchased and are committed to sale. • 5 bedrooms, 3 living areas, spa room, double internal-access garage, separate workshop. • 296 sqm of family space on TC2 land. • Compliant woodburner, fenced yard, lovely cul-de-sac with reserve. • Convenient location, full reports available.

ANDREW SWIFT NEW BRIGHTON

FOR YOUR REFERENCE. SALE PRICE

08

$...........................................

2/72 Beckford Road, Opawa As Is, Where Is Opportunity! • Calling all buyers from the low $100,000s. • Battered and bruised following recent seismic activity this orphan is now up for adoption. • With their sights set on new horizons, our vendors issue simple but matter-of-fact instructions to sell. Offered on an ‘as is, where is’ basis with no assignment of EQC or insurance proceeds. Exhibiting foundation damage, this offering is potentially too hard for some - yet presents an opportunity for others. • Tucked away and nicely set back from the street, the location speaks for itself. Bounded by a tightly held neighbourhood, opportunity knocks but once for a below entry level opportunity!

PETER GRIFFIOEN PARKLANDS

& TESS MALEY

• Enjoy the peace and quiet of this family friendly community; a morning stroll down the meandering Heathcote or perhaps via kayak for the more adventurous.

FOR YOUR REFERENCE. SALE PRICE

$...........................................


09

3 Lucknow Place, Cashmere Hills Expand Your Horizons! • Situated on a flat, 956m2 section and enjoying compelling views which encompass everything from the Canterbury Plains to the Southern Alps, this expansive property really will take your breath away! • Clad in distinctive Halswell Quarry stone, this fabulous 350m2 (approx.) home boasts five bedrooms (master with walk-in robe) and a total of four bathrooms, including two ensuites. • The well-appointed kitchen features Corian surfaces, slate flooring and quality appliances, while a variety of formal and informal living spaces on a gracious scale ensure the ability to host everything from intimate gatherings to large get-togethers. • Stunning slate flooring in the entranceway adds to the sense of grandeur and a variety of heating solutions (including a heat pump, three nitestore heaters and partial double glazing) promise year-round comfort, while double garaging and an abundance of additional off-street parking complete the appeal.

MARY TURNBULL PAPANUI

FOR YOUR REFERENCE. SALE PRICE

$...........................................

IN 2015 WE HELD

686 AUCTIONS... FRIENDS AND FAMILY UNABLE TO ATTEND? To view our auctions live online just go to...

www.homes4sale.co.nz Click on the Online Auction button and follow the instructions.

10

47 Croziers Road, St Albans Welcome Home! • This is a home, not just a house, and an affordable one. So lovingly maintained and beautifully presented and what a pleasure coming home each evening with the horses grazing in the adjacent paddock. • There is a lovely surprise awaiting you at the end of this driveway. A charming 3 double bedroom home which was robustly built in the 1940’s and relocated to this site in 2002. It sits on a manageable 597m2 TC2 section. • French doors open from the light and bright living areas to the sunny deck and easy care garden. Two bedrooms have French doors and the sun streams in. Both the bathroom and open plan kitchen have been attractively updated.

MARGARET DANZER REDWOOD

• Double garage and fully fenced. Rarely do you find a home with such a wonderful feel. • First home buyers should definitely view. Come and see for yourself but be prepared to not want to leave.

FOR YOUR REFERENCE. SALE PRICE

$...........................................


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CONSULTANTS

HARCOURTS GOLD

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TOP 10

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02

WORK WITH THE

BEST!

JULY 2016 TOP

02

CONSULTANT IN JULY

CAMERON BAILEY

MARY TURNBULL

PAPANUI

PAPANUI

06

07

PETER GRIFFIOEN PARKLANDS

MARK O’LOUGHLIN REDWOOD

Standing out in a high-performing team, the top ten consultants at Harcourts gold are experts in navigating the Christchurch market.

Their success is testament to their diligence and the tremendous hard work they put in on behalf of owners.

Demonstrating their expertise in the auction room or across the negotiating table to deliver the best results for owners of homes at all price levels.

I am extremely proud to work with these real estate professionals.

JOHN MCFADDEN AREINZ BUSINESS OWNER HARCOURTS GOLD


“Now is an excellent time to consider a real estate move. Talk to any of this team in confidence for an update on the market and how you can get the best out of it!”

03 DEBBIE SOPER

04 LEEANN MARRIOTT

PAPANUI

PAPANUI

08

09

FOSS SHANAHAN

ANDREW SWIFTAREINZ

PAPANUI

PAPANUI

05 BEV JOHNSON NEW BRIGHTON

10 DEB CROSBY PAPANUI


03

AUCTIONS DRIVE RESULTS ‘MAGIC TOOK PLACE BEFORE OUR EYES AT THE AUCTION. I’D SPENT A RESTLESS NIGHT WORRYING NEEDLESSLY ABOUT MY BOTTOM LINE. THE AUCTION JUST ERUPTED ROARING WAY PAST OUR RESERVE, WAY BEYOND RV, AND WE SUDDENLY FOUND OURSELVES THE CENTRE OF ATTENTION, WITH APPLAUSE, HANDSHAKES, HUGS AND KISSES ALL ROUND. EVEN NOW I’M FEELING QUITE STUNNED ABOUT WHAT TOOK PLACE.’ KIND REGARDS CHRIS AND DEZZA AXFORD

0 WITHDRAWN

SOLD PRE AUCTION

8 PROPERTIES

24%

9 PROPERTIES CONSISTING OF

NOT SOLD ON OR BEFORE AUCTION DAY

5 AVAILABLE

9 PROPERTIES

19%

81%

SOLD

1 SOLD BETWEEN 0-5 DAYS

3 CURRENTLY UNDER OFFER

TOTAL SOLD PRE AUCTION TOTAL SOLD BY AUCTION

SOLD BY AUCTION

30 PROPERTIES

64%

TOTAL NOT SOLD ON OR BEFORE AUCTION DAY


AUCTION STATISTICS BASED ON...

47 AUCTIONS

Auction is now a mainstream method of marketing and our statistics continue to reinforce the credibility of selecting this method of selling.The numbers demonstrated above can give confidence to anyone considering auction.

AMONGST THE FACTORS CONTRIBUTING TO OUR SUCCESS ARE:

HELD IN HARCOURTS GOLD AUCTION ROOMS IN

01

The use of two auctioneers on auction day, doubling the expertise, preventing delays in proceedings and providing additional negotiation assistance.

NUMBER OF AUCTIONS CONDUCTED THIS YEAR

02

Highly trained and exceptionally skilled gold consultants.

JULY 2016

340

03

The provision of an attractive, customised and non-threatening environment with online hosting so our auctions could be viewed from anywhere in the world.

307.5


04

Market Comment

GOLD COMMENT


Perhaps it is the unseasonal weather, perhaps it is the media says, a lack of houses in New Zealand, whatever it is the market has changed little in the past month. As has been reported many times, a lack of stock (typical at this time of year) coupled with long term built up demand means that the pressure is still on the property market round most of the country … and Christchurch is no different.

Here we are, literally half way through 2016 and at times it feels like we are part of Game of Thrones set “winter is coming” still so they tell us. Perhaps it is the unseasonal weather, perhaps it is the media says, a lack of houses in New Zealand, whatever it is the market has changed little in the past month. As has been reported many times, a lack of stock (typical at this time of year) coupled with long term built up demand means that the pressure is still on the property market round most of the country … and Christchurch is no different. The June sales figures show that 607 properties changed hands in Christchurch last month, almost the same volume of property as was sold in June a year ago. Not surprising really when most economists and market punters are being quoted as saying they see nothing currently on the horizon that will dampen or slow demand within New Zealand. I also suspect that when you factor in some of the tumultuous events we are seeing played out in Europe and around the globe, there will be even more people world-wide eyeing up little old New Zealand and thinking it might be a nice place to live and raise a family. It will be interesting to see what effect the latest reserve bank move, requiring

40% deposit for investors when purchasing, will have on the market. The required 20% deposit for home buyers remains. There is no doubt that the Government and the Reserve Bank are looking to see a slowdown in the market to stop the price escalation that is evident around the country. While the latest lift in deposits for investors will have an effect on a few people, there is likely to be an even greater effect on the market as a whole if the Reserve bank were to introduce debtto-income ratios to the market. Moves such as this will likely follow if the market rises show no sign of slowing in the very near future. So while the Reserve Bank has one agenda, you as a seller will likely have another. Currently the month to month news about the Market is not changing markedly, so how can you maximise your opportunity if you are considering selling in the current conditions, and particularly before any changes are forced upon us? First and foremost, think carefully about the options out there in the market that are available to you. In a market such as we are currently experiencing, cheap is definitely not best. I also reccommend you think carefully before you run off and accept the first offer placed in front of you. If you are following the current property

JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD market, you will no doubt be aware that auction has the potential to offer you as a seller the best possible return. However as with everything in life, there are ‘Auctions’ and then there are ‘Gold Auctions’. There is no doubt in my mind that Harcourts as a group are by far the best exponents of the art of auction Nationwide, and Gold Real Estate auctions are quite simply, the best of the best. When we analyse the figures, we see a value added advantage from auctions that by far outweighs the small additional cost. Our analysis shows that as a seller you are financially better off by choosing to sell via our auctions and we take pride from achieving this result for our clients. Recently, as a result of the additional pressure in the marketplace, we have seen some outstanding results achieved in our auction rooms for our clients. Let us show you how Harcourts Gold auctions work, talk with one of our consultants and give them an opportunity to show you how we can maximise the sale price of your property. You will only get one chance to sell your property and it is imperative that you achieve the best possible outcome because without a doubt, if you sell then walk into a Harcourts Gold auction room looking to buy, you will notice the difference.


05

R E A L E S TAT E

CONTRADICTIONS AND CONTRAST

LYNETTE MCFADDEN BUSINESS OWNER HARCOURTS GOLD

GOLD CHAT

IT’S IMPOSSIBLE TO LOOK AT REAL ESTATE AT THE MOMENT WITHOUT ACKNOWLEDGING THE BROADER MARKETPLACE AND SOCIAL PLATFORMS INVOLVED. WE LIVE AND WORK IN UNUSUAL TIMES, SO MUCH SO THAT NUMEROUS ELEMENTS EXIST IN SPITE OF EACH OTHER WHEN YOU CONSIDER PROPERTY. This now includes a state of homelessness for a number of New Zealanders and their families. Deeply serious, this situation is an enormous challenge for politicians and social services alike, and it’s something that seems to be so much more visible and obvious in different parts of the country.


This presents against a background of decreased levels of affordability and home ownership, and is coupled with an increased interest in property investment. Even for an expert it’s a minefield of mixed messages, as are the daily doses of speculation you receive from the media about interest rates and loan-to-value ratios. Now let’s consider some of the latest items of discussion. The Christchurch Rental Market The Christchurch rental market was good – very, very good – for a long time for some landlords, especially post-earthquake where urgent needs, insurance payments and strong returns drove up rental prices. The picture now is completely different. It was recently reported in The Press that some Christchurch landlords were offering rent reductions, or even short periods of no rent, as an incentive for tenants. Rents are being pushed down and

compliance costs are going up, but landlords who entered into investment property expecting a bed of roses were being naïve. Today’s marketplace requires a longterm view (as does most investment), a fair rent, a realisation that smoke alarms and insulation are expected, and an acknowledgement that capital gain still underpins wealth creation. Rental property acquisition is more than a speculative process and so you learn to take the good with the not-so-good and, occasionally, ugly. If you’re being an unrealistic landlord and your property is vacant, do yourself a favour and address the rent! Affordability and First-home Ownership Despite the exorbitant prices of property in some parts of New Zealand, it’s still possible to purchase, but obviously compromise is an essential

ingredient. Getting started is just that, and you should temper your expectations accordingly. Over the years I’ve tended to take the view that everyone wants everything now, without necessarily putting the hard work in but, judgement aside, finding the deposit for a first home is still an incredibly disciplined act. I’ve got to stand by sage advice that was given to me when we purchased our first property centuries ago: work hard, go without, save, and hope your parents can help in some way. I guess from that perspective nothing’s changed! Stay warm, spring is coming.


06

8 low-cost steps to prepare your house for sale


When preparing your house for sale, many of us fantasise of an unlimited renovation budget that will make our home irresistible. Pumped from watching the latest series of renovation TV shows we dream of that extension, new kitchen or the backyard resplendent with a children’s water park. It’s true, that investing in big ticket improvements will sometimes increase the sale price of a house, particularly if you’re a do-it-yourself renovator whiz who has the time and doesn’t have to pay contactors. But unless the property was originally purchased at a discounted price, big ticket renovations and their resultant high costs are unlikely to generate increased profit on sale. So, what’s the alternative? When preparing your property for sale there are simple, inexpensive things you can do to increase its attractiveness to potential buyers, and some don’t involve a trip to Bunnings!

De-clutter

Curb appeal

Lighting

Consider your house no longer a home, but a retail outlet where customers will come to browse. Everything – from kitchen countertops to bathroom vanities to the garage – should be clear of all unnecessary items. You want potential buyers to focus on the best features of your home not stuff, so pack up, give away or throw away everything that clutters or distracts.

We all know about the importance of first impressions. What will set the scene for your house when potential buyers either drive past, or drive in to your driveway? Front gardens, driveways, gutters, windows, mailboxes and fences all tell a story, so make it a positive one!

Time for a light bulb moment! When potential buyers walk into your bathroom and look in the mirror, soft, warm lighting can make it a more pleasant experience than it may be otherwise. In other parts of your house such as living areas, bright, white lighting will make the rooms appear bigger and more inviting. Also, think about which rooms will be best served by leaving blinds either open or closed.

Clean This should go without saying, so we’ll just leave it at that.

De-personalise When a buyer inspects a house, they are doing more than looking at the shower recess and the floor plan. They are visualising what it would be like to move in and live there, a task made more difficult if you leave personal items such as family photos, personal mementos like sporting trophies or religious décor. Pack these away, and give your potential buyers a free slate for their imagination.

Repairs The door handle comes off as you try to enter the bedroom. You turn on the light that doesn’t work and listen as the fan makes an almighty screeching sound as it rotates. Whilst small, these little things can annoy a potential buyer out of signing a contract so make sure everything is in good working order.

Clear pathways Don’t turn your potential buyers into Jackie Chan. Buyers should not be doing their own stunts just to look through your property. Make sure there’s clear pathways both inside and outside your property to make their visit a no-fuss, pleasant experience.

Smell This follows hard on the heels of the “clean” point (above) – a clean house is less likely to assault the nasal passages of unsuspecting visitors. The urban myth is to fill your house with odours of home cooking, but the research is in. Over-bearing smells don’t smell good, no matter how delicious. Instead, “hints” of fresh natural odours help to sell, such as orange, lemon, pine, basil, cedar, vanilla and cinnamon.


07

Conduct of Auction This is an extract from the contract so please refer to complete terms as supplied and available on display.

• The property is offered for sale subject to a reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser. • The auctioneer may nominate the sum by which the bidding can be raised. • The auctioneer may refuse any bid. • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. • The auctioneer shall identify a person so acting before the commencement of bidding. • The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and with out declaring the reserve price. • If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.

THE PURCHASER SHALL IMMEDIATELY ON THE COMPLETION OF THE AUCTION: a) Sign the Memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser. b) Pay to the vendor’s licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and c) Complete its GST information in Schedule 1.



08

UPCOMING

GOLD

AUCTIONS 1ST SEPTEMBER

8TH SEPTEMBER

90 Warrington Street

Leeann Marriott

34 Cotswold Avenue

Andrew McNab

215 Condell Avenue

Mary Turnbull

3 Jade Court

Leeann Marriott

111 Memorial Avenue

Mary Turnbull

& Anna Harvey

18 London Street

Judith Bodger

51A Balrudry Street

Leeann Marriott

118A Fendalton Road

Cameron Bailey

3 Lodge Place

Leeann Marriott

32 Dunedin Street

Estelle Yang

15 Cam Place

Sharon Smith

1A Tamarisk Place

Andrew Swift

16 Lodge Place

Michelle Fu

44 Rockview Place

Peter Griffioen

& Mark Wang

35 Hewitts Road

Cameron Bailey

57 Stapletons Road

Mark O’Loughlin

59 Falcon Street

Peter Griffioen

134 Avonhead Road

Mark O’Loughlin

Ben McNab

& Pedro Park 129 Brougham Street

Andrew Swift

16 Sarabande Avenue

Peter Griffioen & Caleb Griffioen

FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:

http://www.homes4sale.co.nz /auction/upcoming-auctions


09

AUCTION BID RECORD 25TH AUGUST 2016

ADDRESS

ADDRESS


PAPANUI BRANCH & ADMINISTRATION

NEW BRIGHTON BRANCH

471 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 6166 FAX: (03) 352 1322 E: enquiries.papanui@harcourtsgold.co.nz

New Brighton Mall PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116 E: enquiries.newbrighton@harcourtsgold.co.nz

Harcourts gold, International & Migrant Division, 473 Papanui Road, Papanui PO Box 5400, Christchurch 8542 | PH: (+64) 3 662 9811 | FAX: (03) 352 1322 | E: 888@harcourtsgold.co.nz

GOLD PROPERTY MANAGEMENT LTD 501 Papanui Road, Papanui PO Box 5400, Christchurch 8542 PH: (03) 352 6454 FAX: (03) 352 6456 E: gpm@harcourtsgold.co.nz

REDWOOD BRANCH 280 Main North Road, Redwood PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 0352 FAX: (03) 352 8400 E: enquiries.redwood@harcourtsgold.co.nz

GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP

VIEW OUR LIVE ONLINE AUCTIONS AT...

www.homes4sale.co.nz

PARKLANDS BRANCH Parklands Mall, Queenspark Drive PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 383 0406 FAX: (03) 383 0525 E: enquiries.parklands@harcourtsgold.co.nz THE INFORMATION CONTAINED HEREIN IS GATHERED FROM SOURCES WE BELIEVE TO BE RELIABLE. HOWEVER WE CANNOT GUARANTEE IT’S ACCURACY AND INTERESTED PARTIES SHOULD RELY ON THEIR OWN ENQUIRIES

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