ISSUE 2 4TH FEBRUARY 2016
reside
OUR EXCLUSIVE PROPERTY MAGAZINE
PROUD TO BE A
KI WI MONTH/ FEBRUARY/2016
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 GOLD AUCTION DAYS
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JOHN MCFADDEN Business Owner Harcourts Gold AREINZ
LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ
CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant
Gold Living
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ORDER OF SALE
Market Comment
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CONTENTS
Auctions Drive Results
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Welcome to the February edition of Reside magazine The property market is booming this February.
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If you’re looking to buy or sell, steady price growth and low interest rates make Summer the right time to strike. We’re confident that we have properties to meet everyone’s real estate needs.
Happy reading
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Auction Bid Sheet
Meet our Top performers
Conduct of Auction
Upcoming Auctions
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A A is for All Blacks B is for Buzzy Bee C is for Chocolate Fish E is for Edmonds Cookery Book F is for Four Square G is for Gumboots H is for Hokey Pokey Icecream I is for Icons (NZ) J is for Jandals K is for Kowhai L is for L&P (Lemon & Paeroa) M is for Marmite N is for Nikau O is for Opononi & Omapere P is for Pohutukawa Q is for Quirky Fact R is for Red Socks S is for Spaceman Candy Sticks T is for Tiki U is for Uenuku (Rainbow) V is for Valerie Adams W is for Weetbix X is for Xtraordinary Scenery Y is for Yucca Z is is the ‘Z’ in New Zealand
KI WI PROUD TO BE A
MONTH/ FEBRUARY/2016
GOLD LIVING
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THE KIWI ALPHABET 1 0F 6 GR OCER
VOUCHER Y S
WE'D LOVE YOU TO JOIN IN OUR HARCOURTS GOLD,
'PROUD TO BE A KIWI MONTH'
TELL US ABOUT A WONDERFUL GOLDEN KIWI THAT YOU KNOW AND THEY WILL GO IN THE DRAW FOR 1 OF 6 GROCERY VOUCHERS TO THE ...
VALUE OF $150
Enter on our website www.homes4sale.co.nz or fill in one of the forms at the front of our auction room and place in the box provided today
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The longest place name in the world still in use is Taumatawhakatangihangakoauauotamateaturipukakapikimaungahoronukupokaiwenuakitanatahu, a hill in Porangahau in the Hawkes Bay. The Maori name translates to "the place where Tamatea, the man with the big knees, who slid, climbed and swallowed mountains, known as Landeater, played his flute to his loved one.
'Z'
"People do not decide to become extraordinary. They decide to accomplish extraordinary things."
Sir Edmund Hillary
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ORDER OF SALE
MEET TODAY’S AUCTIONEERS
FEBRUARY 4, 2016 From 10:00am 01
65 Huntsbury Avenue, Huntsbury
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66 Mansfield Avenue, Merivale
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228 & 228A Wainoni Road, Avondale
04 40 Oregon Place, Burwood 05
6 Office Road, Merivale
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234 Edgeware Road, St Albans
BRYAN THOMSON FREINZ AUCTIONEER
BIDDING TIP
NO.1
BE CONFIDENT IN YOUR BIDDING
BEN DEANS AUCTIONEER
01
65 Huntsbury Avenue, Huntsbury Great Heights, Realistic Expectations • The Canterbury earthquakes have left 65 Huntsbury Avenue a little battered and bruised. Having taken possession of their new home, our owners have issued firm instructions to sell on an uninsured ‘as is, where is’ basis. • Nevertheless, with wide reaching views out to the city and sea, with the Kaikoura ranges beyond, this modest property occupies a prime position on Huntsbury Hill. • Open-plan living spaces bask in all-day sun, while the remainder of the house (in largely original condition) provides ample scope to add value. • Complete privacy and close proximity to the activities that the Port Hills provide have been key factors in our vendor’s tenure of 13 years. • Whether you rent and hold, occupy and repair, or demolish and rebuild - you can be assured the popular Huntsbury location will underpin the value of your investment here.
PETER GRIFFIOEN PARKLANDS
FOR YOUR REFERENCE. SALE PRICE
$...........................................
IN 2015 WE HELD
686 AUCTIONS...
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66 Mansfield Avenue, Merivale The Optimum in Taste and Design • This stunning lightweight concrete constructed townhouse, built in 2009, offers exquisite contemporary flair with classic appeal. • There is space to suit every family situation, with bedrooms and bathrooms on both levels complemented by multiple living spaces, gourmet kitchen, plus the option of two study areas. • Featuring great natural light and open spaces with all day sun, double glazing, underfloor heating, gas fire and heat pumps. • Schist detailing softens the crisp architectural line, with superior fixture and fittings throughout, emphasizing the home’s quality. • Generous north-west facing outdoor entertaining spaces are perfectly orientated for privacy and shelter.
LEEANN MARRIOTT & CAMERON BAILEY PAPANUI
• Mansfield Avenue is one location on most people’s wish list as it is positioned within walking distance of Merivale’s fine restaurants, cafes and shops as well as being in desirable school zones.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
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228 & 228A Wainoni Road, Avondale As Is, Where Is - Potential Plus! In Two Titles! • Our owners have taken a cash settlement and provided us with clear instructions and that is - to sell this property on an ‘as is - where is’, uninsured basis. • This original three bedroom, one living, 1960’s home is set on a combined land area of approx. 966m2, with two titles being sold as one. • Living 1 zone, opposite Avondale Golf Course. • Deemed a rebuild, the options are yours to choose from - rebuild, redevelop two new units, or add to your rental portfolio. • This is a great opportunity for an astute investor to pick up a real bargain with room to improve! • Concept plans for further subdivision of the land, geotech report and additional reports are available.
BEN MCNAB & MARK O’LOUGHLIN REDWOOD
FOR YOUR REFERENCE. SALE PRICE
$...........................................
IN 2015 WE HELD
686 AUCTIONS... AND DID YOU KNOW, THAT OVER
71% SOLD EITHER BEFORE OR ON AUCTION DAY
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40 Oregon Place, Burwood This Brand New Home Must Be Sold! • This property offers a spacious floor plan with many added extras throughout. Built with pride, it reflects in the flooring, lighting and the building products that have been used. • There are excellent connections from the living spaces, - an open-plan kitchen/family zone and interconnecting formal lounge, - to a very large deck area with built-in seating. • Situated on a private well established 700m2 section for you to enjoy watching the children kicking a ball or simply playing outdoors on a built in chess board, or up the tree house. • There are four great sized double bedrooms plus an office on offer. The master bedroom is positioned downstairs with doors opening out onto the deck overlooking the garden.
SHARON TRUMPER PAPANUI
• Just a couple of minutes’ walk to Shirley Golf Club, and in zone for Waitakiri primary school and Chisnallwood intermediate.
FOR YOUR REFERENCE. SALE PRICE
$...........................................
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6 Office Road, Merivale A Villa of Opportunity • Located in one of Merivale’s most desirable streets and tucked up on a picturesque rear setting stands this breath-taking three bedroom villa with all the comforts of modern living, now crying out for its EQC work. • Living opens to the North with privacy assured from the landscaped grounds. • The sought-after school zones, the Mall, amenities, main bus routes and proximity to town, add to the attraction of this popular neighbourhood. • This much-loved first home which has remained a rental is now being reluctantly relinquished to new owners to take tender love and care of it. • Whether you choose to move in and repair, or given its location, astute investors may explore its potential for returns. • Bring your energy and passion as the time to act is now, to explore this superb opportunity.
CAMERON BAILEY PAPANUI
FOR YOUR REFERENCE. SALE PRICE
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$...........................................
234 Edgeware Road, St Albans ‘A Fine Vintage’! • All dressed up and awaiting new owners, this lovingly-maintained character home will instantly appeal to first home buyers looking to establish themselves in a fabulous location. • Built in the early 1900’s, this immaculately-presented three-bedroom home boasts many of the features which make homes of this era so popular. • Three good-sized bedrooms (all with built-in wardrobes) provide accommodation, modern kitchen and bathroom spaces offer plenty of functionality. • Outside, the manicured grounds sited on 506m2 (L2), reflect the pride our vendors have taken in their home over the years, the wrap-around veranda contributes to the charm and a sturdy garage completes the appeal.
MARY TURNBULL PAPANUI
• The icing on the cake is the location, with the Edgeware village and a host of key amenities all within easy reach, plus the desirable school zones of Avonside Girls’ and Shirley Boys’ High.
FOR YOUR REFERENCE. SALE PRICE
Only in New Zealand! Sheep and Dog buildings, Tirau, South Waikato
$...........................................
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Market Comment
GOLD COMMENT
The local Real Estate market finished 2015 in much the same pattern as we had seen throughout the year. Sales continued to remain strong and healthy, with prices showing no major significant movement in either direction
JIM DAVIS BUSINESS DEVELOPMENT MANAGER HARCOURTS GOLD
As we launch into the start of another year, it seems a bit funny reporting on what was happening last year, however the December Real estate market for Christchurch was just over a month ago. The local Real Estate market finished 2015 in much the same pattern as we had seen throughout the year. Sales continued to remain strong and healthy, with prices showing no major significant movement in either direction, stock levels were reasonably consistent with the end result being what we call a strong steady market that is favouring buyers and sellers equally. There were some 626 recorded sales for the Christchurch region just slightly down on November’s sales level, but this is typical on a yearly basis as the market winds down for Christmas, and businesses shut up shop for the last week of the year. What was evident in the market place was that there were still good numbers of buyers waiting for the “right” property to come onto the
market, the pressure situation that the markets were experiencing a few years ago where buyers were almost forced to compromise on their wish list no longer exists. Good levels of new builds, remediated stock, and subdivision options mean that most buyers now have choice. The first home buyers’ market was showing plenty of interest and huge improvement in the latter part of last year following the overall stabilisation of house prices. In this early part of 2016 it is particularly evident following what is shaping up to be a low level fixed interest rate war between the banks that first home buyers are already starting to look with renewed enthusiasm. So what are we picking for 2016, I would expect that the overall market in Christchurch will remain strong and steady, immigration will likely continue to underpin both our local and the national market, I am not expecting to see much in the way of price rises over the next year, with the real possibility we could see a
softening in the value of property later in the year. Much will likely depend on what happens with China globally and to a lesser extent with our softening rental market here in Christchurch. The local rental scene has seen a softening in market rentals over the last year or so, this is completely understandable when we look at the number of homes and apartments now completed in Christchurch. The premiums that were achieved following the quakes have now definitely gone and rental rates are now back to similar pre quake levels. The choice is huge for tenants and they are definitely looking for affordable, well maintained, warm, dry and comfortable accommodation. Properties that don’t meet this criteria are struggling to rent in the current rental market. Good luck for 2016, I think it is going to be a strong solid year.
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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.
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UPCOMING
GOLD
AUCTIONS 11TH FEBRUARY
75 Browns Road Cameron Bailey
106 Hinau Street Mary Turnbull
7 Whio Close
James Shepherd
50 Murray Place Mary Turnbull
16 Tekapo Place
Lewis Donaldson
1 Mica Place Julie Proctor
21 Kingsbridge Drive
Keta Ferrari
25 Carrington Street Mary Turnbull
190 Wainoni Road
Andrew Swift
27 Union Street Debbie Gordon
2 Olmstead Lane
Deb Crosby
341 Estuary Road
Peter Griffioen
176A Rocking Horse Road Debbie Gordon
148 Bower Avenue
Peter Griffioen
201 Weston Road Cameron Bailey
25TH FEBRUARY
18 Old Barrow Heights Cameron Bailey
144 Holly Road
Debbie Soper
21 Nancy Avenue Chris Mangels
52 Aikmans Road
Mary Turnbull
50 Memorial Avenue Cameron Bailey
44 Burlington Street
Lewis Donaldson
49 Radley Street Peter Griffioen
21 Kent Lodge Avenue
Mary Turnbull
3A Endeavour Place Peter Griffioen
14 Manor Place
Julie Proctor
18TH FEBRUARY
2/34 Solomon Avenue
Kaye Caddick
20 Te Whenu Crescent Foss Shanahan
1/28 Slater Street
Kaye Caddick
53 Glasnevin Drive Debbie Soper
51A Neville Street
Sandra O’Brien
50 Francis Avenue Mary Turnbull
14 Kaikainui Lane
Cameron Bailey
23 Stratford Street Mary Turnbull
29 Dyers Pass Road
Cameron Bailey
23 Tucson Place
Margaret Danzer
41 Stanton Crescent
Andrew Swift
24 Primrose Hill Lane
Alister Anderson
60 Eureka Street
Belinda Dunster
197A Clyde Road
Sandra O’Brien
154 Bowhill Road
Andrew Swift
24 Eversleigh Street
Mary Turnbull
/Andrew Swiift
16 Pohutukawa Crescent Cameron Bailey 31a Mataroa Place
Cameron Bailey
FOR A COMPLETE LIST OF OUR UPCOMING AUCTIONS GO TO:
http://www.homes4sale.co.nz /auction/upcoming-auctions
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AUCTION BID RECORD 4TH FEBRUARY 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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