HA
WORK WITH THE
BEST!
CELEBRATING OUR TOP PERFORMERS
reside OUR EXCLUSIVE PROPERTY MAGAZINE
ISSUE 14 19TH MAY 2016
LD O
R
UR TS O G C
WORK
LD
HA
URTS G
O
R
CO
MAY
WITH THE
BEST!
S
S
M
T
W
T
F
1 2 3 4 5 6
7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27
JOHN MCFADDEN Business Owner Harcourts Gold AREINZ
LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
GOLD AUCTION DAYS
28 29 30 31
CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
01
ORDER OF SALE
02
Meet Our Top Performers
03
CONTENTS
04
Welcome to the MAY edition of Reside magazine The property market is booming this May so if you’re looking to buy or sell, steady price growth and low interest rates make Autumn the right time to strike.
05
We’re confident that we have properties to meet everyones real estate needs.
Happy reading
06 07 08
Auction Results
Auction Bid Sheet
Upcoming Auctions
Conduct Of Auction
Market Comment
Gold Chat
01
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
MAY 19, 2016 Sold Prior 01
8 Corsican Grove, Parklands
From 10:00am 01
15 Morgans Valley Road, Heathcote
02
55 Queenspark Drive, Queenspark
03
18 Takahe Drive, Cashmere
04 4 Primrose Hill Lane, Regents Park 05
2/57 Withells Road, Avonhead
06
607 Johns Road, Harewood
07
15 Gothic Place, Ilam
08
10 Dacre Street, Linwood
BRYAN THOMSON FREINZ AUCTIONEER
BEN DEANS AUCTIONEER
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
Sold Prior
01
8 Corsican Grove, Parklands SOLD PRIOR • In 2013 this home underwent repairs as per the EQC Scope of Works and upon completion the Construction Completion Inspection letter was signed. A year later the property was marketed for sale and during this process a building inspection was carried out where a discrepancy in the floor levels was discovered. • After withdrawing the property from the market and working with the Insurance Company the vendor has now made the decision not to undergo the repairs himself, has cash settled, and now offers you the opportunity to purchase this home uninsured. • On offer is a modern contemporary home with a mono pitched roof and clean architectural lines which has instant appeal the moment you view it from the street.
JUDITH BODGER PARKLANDS
• In the hub of the open plan living area is the modern kitchen with central island. Bi-folding doors lead you straight out to a private courtyard, this home is fabulous for entertaining. Three bedrooms are all doubles, master is complete with ensuite, and the guest room has direct access to the main bathroom.
From 10:00am 01
15 Morgans Valley Road, Heathcote A World Away... Minutes From The City • Imagine leaving work and heading home to your own private retreat. Just a short drive from the CBD, Morgans Valley is a secluded enclave of superior houses offering space, views and a community feel with its own sheltered microclimate. • Set on 1,519 sqm of freehold land beautifully elevated to further extend the feeling of space and maximise sunshine, this home offers something truly special. • Positioned on the site to enjoy full benefit of the northwest aspect and capitalise on the views, the home is 245 sqm in size with extensive northfacing decks providing superb indoor-outdoor flow.
CAMERON & JACK BAILEY LOURIE PAPANUI
02
• Clad in brick for ease of maintenance and timeless style, this modern classic utilises neutral tones to create a calm oasis and allow the views to take centre stage. • Homes this special don’t come along often so don’t miss this rare opportunity.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
55 Queenspark Drive, Queenspark Family Wanted! • Every now and then you meet a home that is a standout, and this home is one of those very homes. • Built in 2001 and recently remediated, this four double bedroom home is a winner with it’s generous proportions, great storage, easy flow floorplan all packaged in a tasteful refurbishment. • Two connecting living areas give the balance and options that families love, whether it be for entertaining or just for a bit of space. The family room is a generous sized hub of the home, including a sociable kitchen, dining and living area. • The sense of space is consistent throughout the home, and not only inside but outside also. • Situated in the centre of the Parklands Community with all amenities nearby.
DEBBIE SOPER PAPANUI
• Fully insured, this home is ready and waiting for a new family to enjoy.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
03
18 Takahe Drive, Cashmere Some Flat Land, Garaging, Offstreet Parking + Views! • This one will tick many of those sought after boxes for a family home on the hill. • Constructed of permanent material plaster over brick your time will be yours to enjoy recreational activities in weekends. • Configure the approx. 270sqm flexible floorplan to suit - either 3 bedrooms, lounge + rumpus/games room or 4 bedrooms with two ensuites plus family bathroom for convenience. • The main living area is expansive with incredible views across the city to the Southern Alps. Timber floors in the kitchen/dining area create a warm ambience and there’s plenty of space here for everyone to gather. • At the rear of the property is a fully fenced section with a spacious and attractive elevated deck providing outdoor entertaining with views.
SANDRA O’BRIEN PAPANUI PAPANUI
• With room for the trampoline & an established garden on 708sqm there will not be much more you will need here.
FOR YOUR REFERENCE. SALE PRICE
04
$...........................................
4 Primrose Hill Lane, Regents Park Much Loved But Time To Go • The kids are all up in Auckland so it’s time to move closer to them. This is a well maintained permanent material, family home located in sought-after Regents Park. • This home is filled with light, sunshine and good spaces combining to cover a floor area of approximately 244m2. • This well designed floor plan allows for easy living with open plan kitchen/ dining area plus a separate lounge which all flow to sun soaked patios. • There are four double bedrooms plus a study/office which could easily be the 5th bedroom. • Grab this opportunity now. Our vendors are committed to their move!
MARK O’LOUGHLIN REDWOOD
FOR YOUR REFERENCE. SALE PRICE
05
$...........................................
2/57 Withells Road, Avonhead A Solid Choice for Smart Buyers • Invest your hard-earned money with confidence: this townhouse ticks all the boxes for great real estate. • Start with the security of permanent materials - clad in timeless brick with aluminium joinery, this is a home that will retain its classic good looks with the minimum of maintenance. • Add in good proportions that will suit many - three light, bright bedrooms (master with en suite bathroom) and a separate lounge adjacent to the open-plan kitchen and dining area will appeal to families, couples or investors. An aspect that ensures the home soaks up sun throughout the day and an easy flow from indoor living spaces to the sunny and secure garden will keep entertainers, children and pets equally happy. • A very sought-after location underpins the value of this investment: handy to schools and shops, family-friendly and standing on solid TC1 land.
CAMERON BAILEY PAPANUI
• Presented in immaculate condition, this is a home you can move straight into or rent out from day one, but astute buyers will realise there is plenty of potential here for those wanting to enhance the property and further capitalise on their investment.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
06
607 Johns Road, Harewood Where Town meets Country! • Town Meets Country on this high profile 2.498ha site, Zoned Rural 5. This is a great opportunity for a lifestyle change to the Good Life’ on the fringe of the city. • The property is home to a comfortable well maintained 4 bedroom, 2 living room home positioned to the front of the property. The home is accompanied by a plethora of outbuildings and sheds. • Off Street parking is fantastic and the property is well fenced and gated. The setting is all here for a fantastic lifestyle conveniently positioned on the fringe of the city, providing easy access in and out of town. • If you’re wanting to farm a few animals, grow some vegetables or store toys and equipment for your various hobbies then you’ve found what you’re looking for. • This really is where Town meets Country, ideal for the hobby farmers or profile site should you require. Make your own enquiries with the Christchurch City Council and District Plan regarding what the zoning will allow you to do.
DEBBIE SOPER PAPANUI PAPANUI
FOR YOUR REFERENCE. SALE PRICE
07
$...........................................
15 Gothic Place, Ilam A Place To Call Home….. • Properties in the delightful enclave of Gothic Place don’t come along too often as they are tightly held and always endure long tenure. • When asked what they have most enjoyed whilst living in this family home, their comments easily flowed.... “quiet cul-de-sac, great home to live in in a fabulous location, the park outlook and our fantastic neighbors.” • Complemented by its delightful outlook to the park, leisure and space is always an option for family members. Burnside High School, Westburn Primary zoning along with its proximity to tertiary education all add an underlying value. • Robust concrete construction & cedar, the family has space to comfortably spread out here - two living options which are amply sized, 5 double bedrooms + 3 bathrooms. • Warmth is assured with ducted heating, gas heater and partial doubleglazing and with a double garage + secure offstreet parking for boat or trailer many of your wants will be met here.
SANDRA O’BRIEN PAPANUI
FOR YOUR REFERENCE. SALE PRICE
08
$...........................................
10 Dacre Street, Linwood Auction Brought Forward….. • This attractive family home is situated on a large 602sqm section. • The house has 3 generously-sized bedrooms, 1 bathroom, and comes with a practical free standing double garage and enough off street car parking for at least 4 vehicles. • My owners have been cash settled by their insurance company and are now selling this property “as is where is” with no insurance claims to be assigned to the buyer. • The home is well located within the Avonside Girls High School Zone and the most recent rental income was $370 per week. • The home is very tidy and has a beautiful charm.
LEWIS DONALDSON PAPANUI
FOR YOUR REFERENCE. SALE PRICE
$...........................................
02
01
HARCOURTS CANTERBURY 2012-16
02
HARCOURTS CANTERBURY 2015-16
WORK WITH THE
BEST!
04
HARCOURTS CANTERBURY 2015-16
06
HARCOURTS CANTERBURY 2015-16
15
HARCOURTS CANTERBURY 2014-16
17
HARCOURTS CANTERBURY 2015-16
22
HARCOURTS CANTERBURY 2015-16
27
HARCOURTS CANTERBURY 2015-16
‘RISING STAR” AWARD HARCOURTS CANTERBURY 2015-16
FOLLOW US ON...
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 CONSISTING OF
2 PROPERTIES
5%
5 AVAILABLE
NOT SOLD ON OR BEFORE AUCTION DAY
8 PROPERTIES
20%
SOLD BY AUCTION
30 PROPERTIES
75%
3 SOLD BETWEEN 0-10 DAYS
80% SOLD
TOTAL SOLD PRE AUCTION TOTAL SOLD BY AUCTION TOTAL NOT SOLD ON OR BEFORE AUCTION DAY
AUCTION STATISTICS BASED ON...
40 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.
APRIL 2016
189
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
The REINZ stats tell us there were some 810 residential sales of dwellings and sections recorded in Christchurch city for March this year, almost 80 more than March last year. This increase of around 10% is showing us that our market is still strong and steady. With the release of the April REINZ data it is apparent that Christchurch has continued with the strong steady market we have been talking about and experiencing for over a year now. From what our consultants are telling us and based on open home visits, there has been no drop off in demand from the buyers, and certainly no discernible let-up in enquiry. The REINZ stats tell us there were some 810 residential sales of dwellings and sections recorded in Christchurch city for March this year, almost 80 more than March last year. This increase of around 10% is showing us that our market is still strong and steady. The aforementioned volume of sales makes it the third best March sales month recorded in the last 10 years. We have now had the last two months consecutively showing near record sales volumes, a very positive sign for our city and what is happening around us. As mentioned last month we have noticed a significant slowdown in listing activity, in comparison to what we would normally expect. There is no discernible reason that we can think of to account for this, unless Christchurch is just taking a breather while people enjoy their homes having been remediated, replaced, repainted and repaired. So once again, with good sales still occurring and reasonable stock levels, we can expect that prices will remain steady for the near future. This is borne
out with the current Median sale price for Christchurch showing very little movement over recent months and it has consistently hovered around the $440,000 level +/- according to the REINZ data. Certainly when talking with our consultants there is seems to be a feeling that we are still not seeing a lot of movement price-wise either up or down, and that’s purely because there is currently a reasonable amount of choice out there for buyers. As mentioned last month the good old Traditional “Blue Chip” locations continue to get huge levels of interest in available property. In recent times we have started to see an even greater availability of the “As Is“ properties coming up in these sought after areas, and it is noticeable that this is creating a large amount of interest within the development sector, which developers, and investors competing with individuals wishing to purchase in the Blue Chip locations. Here at Harcourts Gold we have just finished up the latest financial years results, and as you would expect with a well performing group of offices they are outstanding. We have listed and sold an additional 104 Auctions in the past year, an increase of over 18%. Our total number of written sales has also increased by close to 18% over the year. It is this sort of level of performance you require from a professional team and a professional company when you are selling your biggest asset. As mentioned earlier, the
JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD REINZ figures capture the median sale price as an indicator of what values are doing. Here at Harcourts Gold, we capture the average sale price of all our transactions across the city. According to our statistics, there has been a very modest 2% rise in the last year which reinforces what I said earlier – that property prices have not altered greatly in the last year. If you are interested in the rental market across the city, a quick search shows that currently there are in excess of 1800 rentals available to rent at any given point of time. As a landlord this equates to a lot of lost income potential, and the longer your property remains untenanted the greater the potential lost income. More than ever it is critical your rentals are priced competitively in the current climate. Just because you had a great rent last year when you signed in your tenant, this doesn’t mean there is another prepared to pay the same level when they have so much choice available. Think carefully of the rent you want, especially as there are now plenty of newly renovated (and in some areas plenty of new built) property available. If you need help in this regard, contact our Team at Gold Property management as they are experts in the Property management field. Autumn is well and truly here now, but make no mistake the market is still very active. So if you need the best of the best working on the sale of your property, call Harcourts Gold or one of our Gold sales consultants.
05
OUR DREAMS FUEL OUR OUTCOMES! Planning for business & life!
Real estate has its own annual rhythm and it’s about this time of year I start reacquainting myself with some of its finer points.
LYNETTE MCFADDEN BUSINESS OWNER HARCOURTS GOLD
GOLD CHAT
It’s the end of the financial year, the commencement of business planning and, for the brand I’m associated with, conference time. It’s surreal, stressful and strategic all at once, with the pressure really being applied to enter the new financial year refreshed and refocused. Which after a year of long hours and big results is not easy. Remaining relevant to your marketplace, engaged and committed takes planning and the kind of thought processes that keep you awake at night. I run the business planning sessions for our large team of consultants and because I want to fill the box, not just tick it. I put serious amounts of time and thought into my delivery. This year I utilised a relatively creative approach to the session incorporating the following truths. There are five of them and they are my feelings and thoughts after many years at the helm.
1. Any plan is better than no plan at all We all know the statistics that sit behind this statement and these can be readily accessed using Google. Basically they establish that there is a wide gulf between having a formal written plan and no plan at all. Completing a plan and following it positively correlated with business success and for many this flows on to personal success too.
tell you it’s almost impossible to engage everyone every time. So I go for as much participation as possible and I did remind them that there were some good take-home points of value so it was best to be alert to them.
Including me! So if we’re together, let’s bring our best selves.
5. Our dreams fuel our outcomes Having the right dreams, goals or purpose is like having rocket fuel in the tank. It’s just a matter of identifying them and for most people that’s one of the hardest things to do.
2. I know one plan does not fit all Plans can be long, short, elaborate or simple. Over the years I’ve had to do some plans that were so complex you needed a PhD to navigate them (hopeless). But the main aim for me as I dealt with my large group of attendees was providing a framework that got most, if not everyone thinking. Any trainer will
4. None of us has to be here
3. We can all be open to being better Better people, realtors, partners, siblings, parents, etc. and putting time aside to determine how to do this makes us better human beings. So I always include this as one of my personal truths.
So there you are, that’s the framework. Now all I’m waiting for are the results! Enjoy this warm, lingering autumn as anyone who watches Game of Thrones will tell you – winter is coming.
06
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.
07
UPCOMING
GOLD
AUCTIONS 27TH MAY
2ND JUNE
92 Abberley Crescent
Mary Turnbull
22 Laguna Gardens
Sandra O’Brien
98 Huxley Street
Lewis Donaldson
52 Banks Avenue
Mary Turnbull
189 Belfast Road
Cameron Bailey
73 Prestons Road
Mark O’Loughlin
144A Soleares Avenue
Debbie Soper
84 Northwood Blvd
Deb Harvey
144B Soleares Avenue
Debbie Soper
59 McFaddens Road
Mary Turnbull
1/64 Ottawa Road
Peter Griffioen
117 Chapter Street
Mary Turnbull
4 Springmead Place
Nathan Tamihana
36a Stratford Street
Mary Turnbull
410 Wilsons Road North
Cameron Bailey
176 Quinns Road
Alister Anderson
1 Stoddart Lane
Cameron Bailey
82 Glandovey Road
Mark O’Loughlin
7 Pewter Place
Debbie Soper
1/44 Jeffreys Road
Foss Shanahan
33 Bottle Lake Drive
Peter Griffioen
10 Dacre Street
Lewis Donaldson
104 Edward Avenue
Lauren & Bill Clemett
4 Cordyline Place
Peter Griffioen
26 Holbrook Way
Cameron Bailey
7 Corsican Grove
Peter Griffioen
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
08
AUCTION BID RECORD 19TH MAY 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
FOLLOW US ON...