ISSUE 31 29TH SEPTEMBER 2016
reside OUR EXCLUSIVE PROPERTY MAGAZINE
LEO TOLSTOY
SEPTEMBER R
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10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 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
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Auction Results
03
Welcome to the September edition of Reside magazine The property market is booming this September so if you’re looking to buy or sell, steady price growth and low interest rates make Spring the right time to strike. We’re confident that we have properties to meet everyones real estate needs.
Market Comment
05
Gold Chat
06
Happy reading
07 08
04
Auction Bid Sheet
Upcoming Auctions
Conduct Of Auction
01
ORDER OF SALE
MEET TODAY’S AUCTIONEERS
SEPTEMBER 29TH, 2016 Sold Prior •
33 Colligan Street, Upper Riccarton
From 10:00am 01
13 Holmwood Road, Fendalton
02
24 Cossar Street, Burwood
03
32 Chepstow Avenue, Fendalton
04
76 Packe Street, St Albans
05
2/83 Watford Street, Strowan
06
14 Anglem Way, Northwood
07
6 Church Lane, Merivale
08
92 Philpotts Road, Mairehau
09
68 Rockinghorse Road, Southshore
10
324 Highsted Road, Harewood/Styx
11
7 Canter Lane, Aidanfield
12
46 Kotuku crescent, Ferrymead
13
64A Straven Road, Fendalton
14
24 Linkwater Way, Parklands
BRYAN THOMSON FREINZ AUCTIONEER
From 10:00am 15
57 Palmers Road, New Brighton
16
1 Courtfield Close, Parklands
BEN DEANS AUCTIONEER
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
33 Colligan Street, Upper Riccarton SOLD PRIOR Something to get Excited About! • Whether you’re looking to downsize, or secure an easy care home for your family, these types of properties are a rarity in the housing market. • Being just eight years old, on 450m2 freehold land and with a floor area of 182m2, this three bedroom, two bathroom home with an internal access double garage will appeal to a strong portion of the market, and be a sure winner for those looking for a double glazed, modern home. • Positioned at the beginning of a private lane with a few similar properties, there is a caring neighbourhood to slip straight into here. • From the moment of entering, there is a feeling of welcome and calm. The décor is inviting and peaceful, and the home flows well through a light filled lounge then into the sunny open plan kitchen/dining/living area. All three bedrooms are good sizes and each has its own wardrobe, with the master having a walk in robe and ensuite. The fixtures and fittings are of a high standard, adding to the overall appeal of the home.
JULIE PROCTOR PAPANUI
Now’s the right time to get your property ready for listing as Springtime is premium selling time! Call us today about listing your home
01
13 Holmwood Road, Fendalton
FROM 10:00am
Merely 40mm Off Level - As Is, Where Is • Combine an insurance settlement, a career move and a recent purchase in the City of Sails for the perfect ingredients for client motivation - needless to say our instructions are clear! • This classic executive style townhouse represents an exciting opportunity to secure a foothold in sought after Holmwood Road. Offered on an ‘as is, where basis’, and while exhibiting the typical war wounds of recent events, foundation settlement is minimal, arguably within building tolerance levels. • Situated on the favoured northern side of the street and complemented by easy care 471sqm grounds, the home provides direct indoor/outdoor flow with perfect orientation for alfresco entertaining options.
PETER & CALEB GRIFFIOEN GRIFFIOEN PARKLANDS
• Ample in its proportions (248sqm), designed by architect David McBride the home offers versatile options; bedrooms and bathrooms on both levels ensure flexibility in accommodation, while interconnecting ground floor living spaces allow for entertaining on an intimate or grand scale.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
02
24 Cossar Street, Burwood Uninsured, But Be Assured... • Every once in a while you come across a standout - and this is one of those times. Unquestionably loved and faithfully maintained this three-bedroom family home has not lost its appeal despite its damaged status. The X-factor prevails and it continues to offer a very comfortable level of accommodation. • The owners accepted a cash settlement from their insurer for EQ damage and offer this property on an ‘as is’ uninsured basis. The property is currently rented on a fixed term until March 2017 and is generating a good return. • A generous entrance with French doors transitions to the north-facing tiled patio and landscaped grounds. Thoughtful configuration and recent renovation has ensured that the occupants enjoy many of the comforts and convenience of modern living. Polished timber floors, ample windows, modern fixtures and a bright, fresh décor enhance the natural light that the home’s orientation capitalises on.
ANDREW SWIFT NEW BRIGHTON
• No space is wasted and the design offers a range of living options well suited to the changing needs of growing families. The property is fully fenced for security and privacy.
FOR YOUR REFERENCE. SALE PRICE
03
$...........................................
32 Chepstow Avenue, Fendalton Award Winning Masterpiece • Let the dream home and location be your reality! If you appreciate quality and a point of difference, then you will love the detail and design distinction which puts this single level home in a category of its own. In fact, the category is “GOLD” awarded by Master Builders house of the year 2016. • As you step inside the imposing separate entrance you will discover refined interior design and inviting alfresco living, tailored perfectly for everyday enjoyment and for ease of entertaining. • The dining and living areas are perfectly interconnected as is the separate lounge with cavity sliding doors providing the perfect private space for some peace and quiet, or could make for a fabulous rugby/media room, the choice is yours. • Not only is this 2015 built home in the sought after school zones for CBHS, Burnside High School and Fendalton Primary, it is also situated at the end of a quiet cul-de-sac with a north facing aspect, fully fenced with automated gates on keypad and remote access, assuring complete security and peace of mind.
TRACY FREW PAPANUI
FOR YOUR REFERENCE. SALE PRICE
04
$...........................................
76 Packe Street, St Albans ‘Packe’ Your Bags! • Ready for its new owner, this modern double glazed townhouse (140m2) is sure to appeal to everyone from seasoned investors and older couples to young professionals looking to establish themselves in an incredibly convenient location. • Inside, three double bedrooms are complemented by a good-sized bathroom and a well-appointed kitchen, thoughtfully designed to make the most of the available space. • The sun-soaked open-plan living area spills seamlessly out to the private 212m2 grounds, an easy-care space designed with busy people in mind. Double, internal access garaging completes the appeal.
MARY TURNBULL PAPANUI
• Of course, the location is an obvious highlight, with everything from shops, cafes and the CBD to schools, parks and public transport routes all within easy reach. Desirable school zones include Shirley Boys High, Avonside Girls and St Albans Primary.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
05
2/83 Watford Street, Strowan Super Starter In Strowan! • You can’t see much from the street, but down the drive awaits a delightful surprise and an opportunity for the astute buyer to gain entry into this everpopular location. • Nestled in the heart of Strowan, this home offers cosy sun-filled living, two double bedrooms, a spacious kitchen and a bathroom with separate toilet. • Solid brick construction provides an easy care backdrop, with immense scope to update the largely original décor and add some value and your own personal touches. • Zoned for Waimairi School, Heaton Intermediate and CBHS this delightful flat ticks all the boxes. If you are a builder, investor, or first home buyer - this is essential viewing. • RV $255,000
FOSS SHANAHAN PAPANUI PAPANUI
FOR YOUR REFERENCE. SALE PRICE
06
$...........................................
14 Anglem Way, Northwood Owners Have Purchased! • On a quiet street in a sought-after pocket of the city lies our feature listing, a sun-soaked family home presented to the market in immaculate condition by our house-proud vendors. • Thoughtfully designed and robustly constructed, this 210 m2 home plays host to four bedrooms, although one could easily become an office or study should three suffice. • Two well-appointed bathrooms promise household harmony during the morning rush-hour, while the spacious kitchen and open-plan living/dining area ensures the ability to cater to any and every occasion. • Three sets of French doors provide seamless flow out to the 665m2 grounds, where established plantings contribute to the restful ambience.
DEB HARVEY PAPANUI
• Double garaging and an abundance of additional off-street parking complete the appeal.
& SHARON TRUMPER
FOR YOUR REFERENCE. SALE PRICE
07
$...........................................
6 Church Lane, Merivale Impeccable Living! • Representing the best of blue chip real estate, this immaculately presented house offers comfortable - and stylish - contemporary living. Situated on a rear section in a sought-after street, it is within easy walking distance of Merivale Village, handy to the CBD and zoned for top schools. • Featuring interconnected living spaces that can be opened up or closed off as required, with seamless integration of house and garden, the home has been cleverly designed for living and entertaining. Sleek and modern, the kitchen is well-appointed for the home chef, boasting Miele appliances and bathed in natural light. Adjacent to the kitchen on one side is a casual sitting room; on the other is a dining room flowing to a sunny and spacious separate lounge featuring an elegant recessed ceiling.
LEWIS DONALDSON PAPANUI
• All three rooms enjoy access to the garden - a manicured and leafy north-facing sanctuary. The downstairs bedroom has its own en suite, while upstairs are a further two double bedrooms and chic tiled en suite/bathroom. A double internal-access garage completes the package.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
08
92 Philpotts Road, Mairehau “Summer Lovin’......Had Me a Blast” • Once you step inside here you will be ‘hopelessly devoted’ and want to stay. With the warmer months fast approaching, this is one for summer fun! • Lovingly maintained and modernized she offers much for a family of today, particularly those who love outdoor living. The attractive deck and expansive backyard will be frequented by family and friends as yours will be the place they will want to be. • The modern & attractive tiled kitchen with its gas hobs, overlooks the backyard allowing the littlies to be watched over. • The dining room blends seamlessly with either the outdoors or the separate lounge and the conservatory is a thoughtful addition that will be ideal as a sunroom during the cooler months. • The three bedrooms all have built-in-robes and are doubleglazed for additional peace & quiet and comfort.
SANDRA O’BRIEN PAPANUI
• The final temptation may be the fully fenced family section of 840sqm along with the insulated office at the rear of the garage.
FOR YOUR REFERENCE. SALE PRICE
09
$...........................................
68 Rockinghorse Road, Southshore A Real Treasure • The earthquakes’ silver lining - good fortune bestowed upon the owner by circumstance and ready to be relinquished for your benefit. • Built by Golden Homes and separated from the waterfront only by Crown Reserve, this stunning one-year-old home offers spectacular views across the estuary to the hill suburbs and cityscape. • Owner input into the design and chattel content has ensured superior specification, quality fixtures, and capitalisation of its north-west orientation to take full advantage of the sun. • The chandeliered entrance opens to a generous open-plan kitchen/dining/ living area with multiple egress options to the expansive deck and yard. • Three large double bedrooms, an office, two bathrooms, and a separate laundry complete the dwelling. • The detached double garage is complemented by dedicated caravan/boat parking, and the forecourt is capable of accommodating a vehicle fleet.
ANDREW SWIFT NEW BRIGHTON
FOR YOUR REFERENCE. SALE PRICE
10
$...........................................
324 Highsted Road, Harewood/Styx The Space You Need! • Situated on the city fringe in an increasingly popular location, this home gives the feeling of detachment from the hustle and bustle of everyday living, with a quiet semi-rural aspect. • Imagine your family in this substantial 291sqm (approx.) home with room for all. The interconnecting living and dining spaces allow for entertaining; the third living space upstairs is a great space for kids to relax and hang out with friends. Five large bedrooms (the sixth bedroom or study provides options), and two bathrooms ensure easy day to day living. • Built in 1988, the features are extensive and include generous storage inside and outside the home a great range of heating and so much more for you to enjoy. All EQC repairs have been completed, providing peaceof-mind.
FOSS SHANAHAN PAPANUI
• The 814sqm section is peaceful and practical, with established gardens, swimming pool and separate spa providing a fabulous entertaining area for quality time with family and friends.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
11
7 Canter Lane, Aidanfield Brand New Luxurious Home, Enviable Lifestyle • This incredibly durable and warm home offers luxurious family living for many happy generations to come. It presents the ultimate in enviable Kiwi lifestyle often sought but rarely found. It has been chosen to be part of the Shanghai global property expo. Here it will receive world wide exposure and recognition. • Located in one of Aidanfield’s most desirable streets and boasting a huge 308m2 (approx.) floorplan to provide intimate spaces for the entire family or ideal extended arrangement. • 5 oversized bedrooms and 3 large bathrooms, plus with a 2.7m boxed ceiling throughout the living areas only further adding to the grand sense of space.
MICHELLE FU PAPANUI
• Multiple living spaces with two kitchens, the main kitchen including a butlers’ pantry, Miele appliances throughout with built in fridge & freezer and Self riser downdraft ventilation. The living room is very large and has great flow to the huge outdoor deck area.
& MARK WANG
FOR YOUR REFERENCE. SALE PRICE
12
$...........................................
46 Kotuku Crescent, Ferrymead Builder’s Own Home • You’d be forgiven for not knowing this property was here as she is nestled up a private right of way and tucked around the corner offering both privacy and space. Plenty of offstreet parking - ideal for all those who need to store additional vehicles, caravan, boat or trailer, as well as a turning area. • A builder’s own home, this is a floorplan that has been carefully planned with its construction taking place both meticulously & lovingly. • Indoor/outdoor flow to two deck areas allows you to enjoy the sun’s rays from sun-up to sun-down. Easy care grounds, along with an established vegie garden, all set on a fully fenced secure section making it safe for both children and pets. • Double glazed throughout with partial underfloor heating, gas fire, gas heater, gas hot water, wool carpet, wall & ceiling insulation - your comfort is assured.
SANDRA O’BRIEN PAPANUI
FOR YOUR REFERENCE. SALE PRICE
13
$...........................................
64A Straven Road, Fendalton The Full Package: Smart and Beautiful • Stunning contemporary design meets practical living in this brand-new home by Mike Greer Hills. • Offering the benefits of post-earthquake construction on a rear section in a sought-after location, zoned for superb schooling and handy to Merivale, Riccarton and the CBD, this is the full package. • Beautiful and light-filled, this is an extremely functional home, with excellent storage, separate laundry and double internal-access drive-through garage. • With zoning for Ilam and Fendalton schools, Cobham Intermediate, Boys’ High and Girls’ High, and the clear advantages of post-earthquake construction, this is smart real estate loaded with extras. • Homes like this don’t come along often, so don’t miss your chance!
CAMERON & JOHANNA BAILEY BAINBRIDGE PAPANUI
FOR YOUR REFERENCE. SALE PRICE
$...........................................
14
24 Linkwater Way, Parklands Substantial Home - “As Is Uninsured” • Executive homes selling “As Is” in Parklands are getting harder to find so add the address to your list to view and grab this opportunity on offer. • Whether you would like to add to your rental portfolio, remediate and reinsure, or simply enjoy living in the home, the choice is yours. • Some cosmetic work has been carried out including interior plastering and painting, and mortaring of brickwork, and the current owner has installed LED lighting throughout. • The house consists of four double bedrooms, main with ensuite with spa bath and walk through robe, open plan living with study nook, and separate lounge, all with easy flow out to the private outdoor living area. • With Bottle Lake Forest nearby and lots of other recreational options within an easy commute, it’s in a great location for those that appreciate outdoor pursuits.
JUDITH BODGER PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
15
$...........................................
57 Palmers Road, New Brighton
FROM 12:00pm
As-is, Where-is, Uninsured • Short Call Auction • Get in quick to secure this spacious executive home: Owners have bought and moved out giving us clear instruction - get this as-is, uninsured property sold! • Spacious, executive family home with huge entertainers kitchen • Large open plan living / dining plus a second substantial living both with seamless indoor/outdoor flow to courtyard and back garden • 4 bedrooms, master with en-suite and walk in robe, second bathroom plus separate WC • Walking distance to Rawhiti School and proposed new Shirley Girls & Boys High School: plan for the future • Yes, this property is in need of a little love but you’ll get value for money
SARAH GWYTHER PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
16
$...........................................
1 Courtfield Close, Parklands As Is Where Is - A for Affordable, B for Bargain! • Mouth-watering opportunity to snap this one up for a song. • Our owner’s decisive plans ahead mean lucky new purchasers will clearly be the winners. • With the insurance claims settled 1 Courtfield Close is to be sold on an ‘as is, where is’ basis. Be assured our owners motivation provides the potential for a much more affordable opportunity than its peers. • Generously proportioned 260sqm (approx.) family home. • Predominant damage = differential foundation settlement. • Solid plaster finish for ease of repair options. • Blank canvas to add huge value. • Cleverly planned outdoor spaces allow you to chase the sun.
PETER & CALEB GRIFFIOEN GRIFFIOEN PARKLANDS
• Embrace the recreational lifestyle that Parklands has to offer. Bottle Lake Forest Park, Waimairi Beach, golf courses and reserves are all within a handy distance.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
List w it h Harcourt s C an terb u ry an d you c ou ld .. .
the
ING 7 AMAZTIONS DESTINA TO 7 TRIPS N! BE WO
WORLD 5 NIGHTS IN LONDON FOR TWO
5 NIGHTS IN SHANGHAI FOR TWO
5 NIGHTS IN NEW YORK FOR TWO
5 NIGHTS IN FIJI FOR TWO
www.harcourtscanterbury.co.nz TERMS AND CONDITIONS: All exclusive 90 day listings received and live in our system between 10th September and 30th of November 2016. To be included in the draw these listings must be with our offices located in: Christchurch, Kaiapoi, Rangiora, Hanmer and Akaroa including NAI commercial sales, leasing and Business Brokers. The prizes will be drawn under Police supervision. All winners will be notified in person with the result published on our website, www.harcourtscanterbury.co.nz, on 5th December 2016. For more terms and conditions talk to your sales consultant today. Harcourts Group. Ltd REAA 2008 © CANTERBURY MARKETING 2013
5 NIGHTS IN PARIS FOR TWO
5 NIGHTS IN HONG KONG FOR TWO
5 NIGHTS IN SYDNEY FOR TWO
Contact your local Harcourts consultant today!
02
CONSULTANTS
HARCOURTS GOLD
R
UR TS G CO
LD O
TOP 10
HA
02
WORK WITH THE
BEST!
AUGUST 2016 TOP
02
CONSULTANT IN AUGUST
CAMERON BAILEY
PETER GRIFFIOEN
PAPANUI
PARKLANDS
06 BEV JOHNSON NEW BRIGHTON
07 DEBBIE SOPER PAPANUI
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 MARK O’LOUGHLIN
04 DEB HARVEY
REDWOOD
PAPANUI
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09
TRACY FREW
DEBBIE GORDON
PAPANUI
NEW BRIGHTON
05 SANDRA O’BRIEN PAPANUI
10 ASHLEY
SUTHERLANDTODD 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
5.5 PROPERTIES
14%
13 PROPERTIES CONSISTING OF
NOT SOLD ON OR BEFORE AUCTION DAY
9 AVAILABLE
13 PROPERTIES
33%
67%
SOLD
4 SOLD BETWEEN 0-5 DAYS
80 TOTAL SOLD PRE AUCTION TOTAL SOLD BY AUCTION
SOLD BY AUCTION
21 PROPERTIES
53%
TOTAL NOT SOLD ON OR BEFORE AUCTION DAY
SO
SOLD PRE AUCTION 2 PROPERTIES
5%
NOT SOLD ON OR BEFORE AUCTION DAY
8 PROPERTIES
20%
AUCTION STATISTICS BASED ON...
39.5 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
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Highly trained and exceptionally skilled gold consultants.
AUGUST 2016
379.5
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
JIM DAVIS
BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD
It is noticeable, now that we are experiencing longer days, that the mood of the market is lifting a bit. For the first time in a few months we are seeing more new listings showing on our “sales board” than contracts, and our consultants are definitely getting busier with appraisals of potential new stock for the market. With the advent of spring and the arrival of warmer weather I expect we will see a further lift of activity over the next few months. Stock levels will lift again and a normal trading market will return.
GOLD COMMENT
Christchurch’s August sales figures have just been released by the REINZ and typically show what we expect in the market at this time of the year. To appreciate these figures fully, here is a copy of the opening paragraphs from my market report written this time last year: “The August sales figures have just been released by the REINZ and these indicate that winter once again showed a good sting in its tail. Typically we expect to see market activity at its lowest point around the July-August period and this is usually a reflection on how most people seem to hunker down a bit over these colder winter months. This slow down in activity usually also means a reduction in the volumes of listed property, which ultimately also affects volumes of property sold when there is not a lot of fresh stock coming onto the market. This year the July/ August period has not been much different, and we have seen a marked drop in listings and new stock coming on over the winter months, the end result has shown up in the low winter sales volumes, but with good demand still evident from buyers waiting
to resolve their accommodation requirements. “ Re-reading this, I can say not much will be changing in my report for August 2016. Overall stock levels are at a new low, across the city and the sales figures for Harcourts as a whole typify what is happening across the market, since we list and sell the majority of the market here. Total available stock is down nearly 29% on the same time last year, as a result of less new listings coming onto the market. Whether this is due to the winter doldrums or everyone just saying let’s take a break, stock levels are at near record low numbers. But it’s not all doom and gloom, the sales are still continuing at a steady pace and this is continuing to place pressure on prices and, as a consequence, we are still seeing the average sale price creep up month on month. The release of REINZ data that combines sales across the industry tells us there was some 567 residential sales for the month of July. These figures are virtually identical to the number sold
last July, and it is this continual sales pressure that is pushing the average sale price month-in month-out to the $521,885 as recorded by Harcourts this last month. Amazingly, even in this type of market, there can still be the odd property anomaly where for whatever reason the right buyer is just not there at the right time. Sometimes we know why a property hasn’t sold as there is a glaring issue or fault that either may or may not be able to be changed, and at other times the vendor’s expectations are just well above market reality. Very occasionally there can be a situation where there is just no one in the market at that point of time wanting that particular property for whatever reason. Most faults, issues and initial price expectations can typically be sorted out with a price adjustment. As professionals in the industry we can overcome most of these issues by suggesting that you auction your property, price then no longer becomes the stumbling block to a potential purchaser. As the seller the benefits are that you get to see exactly what the cashed up public are prepared to pay, whether or not
it is enough is your call ,at least you have an option. If no one bids it’s not the end of the world, because shortly afterwards you will get to see what the conditional buyers who are interested are prepared to pay, along with their conditions. Over all, auction is a process that in my opinion offers the best option for all concerned. It is noticeable, now that we are experiencing longer days, that the mood of the market is lifting a bit. For the first time in a few months we are seeing more new listings showing on our “sales board” than contracts, and our consultants are definitely getting busier with appraisals of potential new stock for the market. With the advent of spring and the arrival of warmer weather I expect we will see a further lift of activity over the next few months. Stock levels will lift again and a normal trading market will return. Good luck with your buying and selling decisions, I expect we will be seeing even more activity in the near future.
05
LYNETTE MCFADDEN BUSINESS OWNER HARCOURTS GOLD
GOLD CHAT
FINALLY ... TWO MONTHS PAST OUR EXPECTED COMPLETION DATE AND WITH THINGS STILL TO FINISH WE HAVE MOVED INTO A NEWLY CONSTRUCTED HOME, AND AFTER A 16-MONTH BUILD I HAVE SOME TIPS I’D LIKE TO SHARE WITH ANYONE ELSE WHO IS CONSIDERING BUILDING.
THE REALITY OF BUILDING AND FIRST WORLD PROBLEMS
1) Don’t (!!!!) even start if you think it’s going to be a walk in the park. It’s a massive commitment, financially and emotionally. Constant decisions are required and there are a multitude of places where instructions and interpretations can become entangled and confused, leaving all parties at loggerheads.
factor in fluctuating prices. Contractors are busy, some more than others, and this is often reflected in their attendance at the project and in their quotes. The reality, as in my own industry, real estate, is that ‘cheapest is rarely best’.
4) Expect issues. It’s not plain sailing on most jobs. There will always be compromises and sometimes it actually doesn’t all come together till the last, but be assured that it will.
Think carefully, think ahead and communicate clearly. I’ve noticed that a lot of Kiwi tradespeople tend to be the strong, silent types, so don’t be put off if they don’t say much back.
2) Work to a budget, because no-one enters into a new build without a firm idea of what the financial commitment should be, but be prepared to have that challenged by concerned contractors trying to help you realise your dreams, because ideas inevitably expand. The supply-and-demand marketplace that exists in Christchurch is also a
when they get their agent to put a ‘shoes off, please’ sign inplace. Let your expectations be known and short of these, swear!!!!!
3) Wipe your feet. This is just an on-site observation. You get to the exciting stage when it’s time to move inside. Some of the floor coverings may be in situ and walls painted, and the odd contractor who you don’t know rocks up with work boots that look like they’ve climbed a mountain pass in Bolivia. As an owner, it’s heart-breaking and it’s given me a new appreciation of what vendors expect and deserve
Now if only we could stop setting the alarm off in the early hours and I could sort out how to work the new appliances, then we could get on with completing what has been a significant challenge and the fulfilment of a dream! Thanks to everyone involved helped, you know who you are and also to my ever patient husband John, and in case you are wondering this storyline is now closed! In the meantime, keep warm and enjoy your home.
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 13TH OCTOBER
6TH OCTOBER
16 Prossers Road
Deb Crosby
12 Shenley Drive
Debbie Soper
5 Leo Street
Heath Kelly
50 Sherbourne Street
Mary Turnbull
11 Sharnbrook Lane
Alister Anderson
60 Francis Avenue
Mary Turnbull
45 Harrowdale Drive
Ashley Sutherland Todd
77 Waimea Terrace
Clare Beer
118 Baker Street
Debbie Gordon
46 Travis Country Road
Lewis Donaldson
66 Pembroke Street
Vicky Grace
89 Te Korari Street
Cameron Bailey
& Nikila Creagh
160 Hills Road
Cameron Bailey
22 Rushden Rise
2 Ti Rakau Drive
Peter Griffioen
& Kelly Cross
& Tess Maley
161 Soleares Avenue
Cameron Bailey
Peter Griffioen
295 Armagh Street
Cameron Bailey
& Caleb Griffioen
& Kelly Cross 1/29 Wainoni Road
Debbie Gordon
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
08
AUCTION BID RECORD 29TH SEPTEMBER 2016
ADDRESS
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
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 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 Gold Property Management Eastside, New Brighton Mall PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116 GOLD REAL ESTATE GROUP LTD LICENSED AGENT REAA 2008 A MEMBER OF THE HARCOURTS GROUP
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
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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