reside maga mag azine Issue 215, 10th December 2020
our vision To be the best, most outstanding company in the country adding value to our clients and to the lives of the people who make up our team.
d ol g page 2
content page 4
gold Leaders & Auction Team
page 4
Conduct of Auction
page 5
Order of Sale
page 6
gold business owners
2) 27 Dormer St
11) 22 Paddington Street
3) 9 Rugby Street
12) 18 Charlcott Street Bu
13) 94 Wairarapa Terrace from 12:00pm 14) 51 Harewood Road
6) 11 Heathfield Avenue
15) 63 Vardon Crescent
9) 9 Dampier Street
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Th 3 10 17 24 31
Fr 4 11 18 25
Sa 5 12 19 26
Su 6 13 20 27
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We 2 9 16 23 30
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Reside Magazine
Mo Tu 1 7 8 14 15 21 22 28 29
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BF = Brought Forward
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b e m o n i e t cuc days r
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page 16
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Forthcoming Auctions
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page 15
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gold’s Top 10 Consultants
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page 14
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Latest Article
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page 12
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Auction Success Stories
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8) 35 Grahams Road
31 Robert Duncan Road (BF)
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at 3:45pm
tte McFadd e n
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5) 1/483 Madras Street
s i n e ss O w n e r
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from 10:30am 4) 11 Hampton Place
from 11:00am 7) 30 Bluestone Drive
McFadd e
from 11:30am 10) 41 Contrail Street (BF)
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from 10:00am 1) 1/6 Galway Avenue
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Important Information
N o . 1 Ha r c o u r t
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*No.1 Harcourts Sales Consultant Canterbury (since 2012), Nationally (since 2017) and Internationally (since 2017).
page 3
New Legislation in the Real Estate Industry
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How does AML/CFT affect me?
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important gold information leaders Op
The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 – or “AML”, as it is more commonly known, is part of a worldwide initiative to crack down on illegal activities, including money laundering and terrorism.
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New Zealand is held in high regard internationally as one of the least corrupt countries and as a great place to do business. The new rules have been introduced to safeguard that reputation and to play our part in combating global crime. Lia
If you have any questions, please do not hesitate to contact your salesperson or their Manager.
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Under the new rules, we will require documents such as a birth certificate, passport or driver’s licence, to prove your identity. We may also request a copy of your rates bill, electricity account or bank statement to confirm your usual residential address.
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Sales
If your property or business is held in the name of a company, trust, or has overseas ownership, we will need specific information about the entity including the people associated with it - such as directors, shareholders, trustees and beneficiaries. The Act also requires us to ask you to confirm source of funds for these entities.
garet Danz ar
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From the 1st of January 2019, all Real Estate companies under the Act must request specific information from our clients before we may advertise the property or business to sell. This information will also be required from clients who have commercial property they wish to lease.
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How am I affected by the new legislation?
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Criminals have been known to use banks, lawyers, accountants and real estate agents to help hold and move assets. The new legislation is aimed at detecting and ultimately deterring this activity.
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- Pa rk l ands/ N
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auction team
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• 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.
Auctioneer
• The auctioneer may refuse any bid.
Morris o ark
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Conduct of Auction
• 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 without declaring the reserve price.
Auctioneer
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• 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: c t i o n Ho s t e s s
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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. This is an extract from the contract so please refer to the complete terms as supplied.
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Reside Magazine
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page 5
Pretty Little Galway Girl This is the one - the one you have been waiting for! Her beauty will capture your heart not only with her pristinely maintained character but also her ambience, immaculate stunning gardens and street appeal. Inside your romance continues with her wide welcoming hallway leading to the expansive living & dining area which via bi-folds seamlessly blends the outdoor deck & garden for summer entertaining. The kitchen is modern and offers plenty of bench & cupboard space as well as gas cooking, wall oven and convection oven. The piece de resistance may be the bi-folding windows which open to the outdoor bar creating the ideal place for friends & family to gather. Sale Price:
Sandra O’Brien
( for your reference)
Papanui
$
2 27 Dormer St, Papanui
PI66577
Owners Have Left Christchurch Our owners departure from Canterbury has left what was intended as a forever family home up for grabs. The fundamentals are outstanding, situated on a large, quiet and private rear section off a tree lined street. The house is well poised for all day sun throughout the spacious living, featuring an open plan kitchen, dining and living area with the benefit of an additional separate lounge. A brand new consented single garage, studio and carport provide covered parking for two vehicles and the option to set up a home office while leaving all four bedrooms inside available for family or friends.
Sale Price:
Ben Deans
( for your reference)
Papanui
$
3 9 Rugby Street, Merivale
PI66636
Award Winning Home In a private rear setting, this award winning home with its bold design aesthetic offers highly functional modern living and the minimum of maintenance. Located in the heart of this most desirable of neighbourhoods and offering peace and quiet on a private rear section, absolute convenience makes everyday life a pleasure: simply stroll to your local cafĂŠ and bakery, Merivale Village or Hagley Park, or drive 3 minutes to Victoria Street and easy access to the CBD.
Cameron Bailey & Jack Milligan Papanui
page 6
Sale Price:
( for your reference)
$
from 10:00am
1 1/6 Galway Avenue, Bryndwr
PI66427
from 10:30am
4 11 Hampton Place, Ilam
PI66393
Escape to the Hamptons! A striking property that will suit families with small or big kids, this immaculate spacious family home with its oasis-like garden gives you room to breathe yet remains easy walking distance to shops and excellent schools. Heaven on earth? We think so! Nestled down a lovely quiet street on a north-west facing 630m2 private section, this enticing two-storey home boasts four generous double bedrooms (master with en suite + walk-in robe), two wellappointed bathrooms, and versatile, interconnected living areas that flow with family life.
Mary Turnbull Papanui
Sale Price:
( for your reference)
$
5 483 Madras Street, St Albans
RD7860
Mortgagee Auction This property is being sold by mortgagee auction under court instructions. Built in 2007 on a freehold 287m² of land. This is a 172m² (approx) 3 bedroom, 2 bathroom, open plan living property, with an internal access garage.
Mark O’Loughlin Redwood
Sale Price:
( for your reference)
$
6 11 Heathfield Avenue, Fendalton
PI66595
Location, Luxury, Lifestyle Designed by award-winning architect Michael Idiens, this stunning property (built 2020) was designed for space, light and the utmost functionality. The result is a spacious 324sqm home inviting luxurious easy living. Boasting a sought-after address in a quiet tree-lined cul-de-sac, strolling distance to cafés and supermarket or 10 minutes’ drive to CBD and airport, it is zoned for top schools including Fendalton School, Burnside High, Christchurch Boys’ High, Christchurch Girls’ High and close to all private schools.
Cameron Bailey Papanui
Reside Magazine
Sale Price:
( for your reference)
$
page 7
Dressed To Impress! Backing onto the beautiful Waitikiri golf course with shops and school close by, this breathtaking family contemporary (291m2) home with its sumptuous spaces and premium finishes really does have it all. The layout, the location, the privacy, the neighbours - this one is a beacon for a balanced family lifestyle! Poised on a sun-drenched north-west facing 760m2 section and surrounded by pristine gardens, this elegant executive home built in 2016 brings a touch of deluxe to family living. Whether you’ve got young kids or young adults, this property aces it on generous accommodation and living spaces.
Sale Price:
Mary Turnbull
( for your reference)
Papanui
$
8 35 Grahams Road, Ilam
PI66436
Summer Lovin’ Originally built by the well renowned Maurice Carter, this home has been beautifully maintained and presented and is ready to simply move into and enjoy. Positioned for sun with floor to ceiling windows creating a light & bright ambience throughout, this is a house that welcomes you home. Your piece de resistance may be the attractive outdoor deck that flows from the family living, dining/kitchen area. Complete with an established tree providing natural protection from the harshness of the sun, it also extends to the established fully fenced north facing backyard.
Sandra O’Brien Papanui
Do you own a rental property?
Sale Price:
( for your reference)
$
! y s a e t i e k a We m 473 Papanui Road, Papanui • (03) 352 6454 • gpm@harcourtsgold.co.nz
page 8
from 11:00am
7 30 Bluestone Drive, Waitikiri
PI66585
9 9 Dampier Street, Woolston
PI66525
Retro Cool with Character This enchanting character home offers a clever blend of original features and charming updates carefully chosen to complement the vintage style. A brilliant location offers superb convenience, handy to schools and with supermarket, brewery, eateries and all the amenities of The Tannery within four minutes’ drive, plus the CBD just moments away. At the heart of the home, double doors open to a cosy lounge with heat-pump and log-burner. Right alongside is a spacious open-plan kitchen and dining area with delightful timber details, leadlight windows and access to outdoor living in the private rear garden on 372sqm grounds.
Cameron Bailey & Brendan Hart
from 11:30am
Papanui
PI66727
Sale Price:
( for your reference)
$
10 41 Contrail Street, Wigram
Brought Forward
Stylish Post-Quake Home Immaculate abode featuring gourmet kitchen, multiple living options for modern families, four bedrooms, three bathrooms. Superbly located within walking distance to Wigram Primary School, the local childcare centre, The Landing Shopping Centre, medical clinic, restaurants and bars, as well as the café, bus stop and park.
Xi Wang & Michelle Fu Papanui
Sale Price:
( for your reference)
$
11 22 Paddington Street, Northcote
PD4940
Estate Sale - Decisive Instructions Issued! Attention investors, first-home buyers and those looking for a chance to enhance - the executor of the estate has issued clear instructions to sell! On offer is a very tidy entry-level home in the heart of Christchurch’s northern suburbs, within easy distance to a range of local amenities.
Caleb Griffioen Parklands
Reside Magazine
Sale Price:
( for your reference)
$
page 9
12 18 Charlcott Street, Burnside
PI66569
Location & Opportunity This solid three double bedroom home made of permanent materials has been tastefully renovated and offers the ideal family package. Featuring a modern kitchen with walk-in pantry and ample storage space, whilst a spacious lounge is well sighted for the sun, and flows effortlessly to the dining area. Great indoor/outdoor flow to a private deck - make this an ideal spot for summer entertaining and keeping an eye on the kids at play. Superb zoning for Roydvale Primary, Cobham Intermediate and Burnside High.
Archer Xu & Michelle Fu Papanui
Sale Price:
( for your reference)
$
13 94 Wairarapa Terrace, Merivale
RD7882
Luxury Within Your Means The moment you walk through the door, the natural light and a combination of American white ash timber features and American oak engineered timber floors, give a real sense of warmth and comfort that invites you inside. Open plan living, dining and kitchen areas blend and flow as they should with a home of this quality. The large living room opens to your private courtyard areas, perfect for morning coffees and evening dining. The bonus of a sunroom off the dining area is ideal for a downstairs office or sitting room.
Sale Price:
Rob Ilott
( for your reference)
Redwood
$
Family Home or Development What a location! This superb investment or development property or home with potential enjoys an incredible convenient setting. Leave the car at home and stroll just a few minutes to cafĂŠs, numerous eateries and all the amenities of Northlands Mall. Bus routes are on the doorstep and the Railway Cycleway offers an easy route for biking to the CBD, while zoning for Waimairi School and Papanui High is a further advantage.
Cameron Bailey & Brendan Hart Papanui
page 10
Sale Price:
( for your reference)
$
from 12:00pm
14 51 Harewood Road, Papanui
PI66599
15 63 Vardon Crescent, Shirley
PD4939
Declared Reserve $415,000! Committed to securing a result, my owners have demonstrated their motivation by disclosing their reserve price - a sharp and shiny $415,000! For investors, that represents potential for an attractive 5.5% gross yield*. Located in the heart of Shirley, we’re within handy proximity to The Palms shopping precinct, Horseshoe Lake Reserve and easy access to key arterial routes ensure a swift commute to the CBD. With my sellers’ moving plans already in place, be assured they’re committed to meeting the market come auction day! * Based on rental estimate figures provided to us by Harcourts gold Property Management Limited.
Sale Price:
Caleb Griffioen
( for your reference)
Parklands
$
我们的国际部团队可以为您提供所有房地产买卖 相关的帮助，欢迎联系我们！
INTERNATIONAL TEAM
31 Robert Duncan Road, Belfast
Brought Forward
at 3:45pm
PI66769
03 662 9811 | 888@harcourtsgold.co.nz
Light, Bright and Just Right! Spring Grove is a new, up and coming subdivision that offers that country living feel, while still having the conveniences of city living close at hand. This 2-year-old home is uniquely situated in close proximity to a range of local amenities including shops, restaurants and Northwood Supa Centre. You’ll appreciate the additional luxury of semi-rural amenities such as recreational reserves and golf courses, not to mention being a short 10-minute drive North of Christchurch Central, enjoy the best of both worlds.
Ash & Shar Sutherland Todd Papanui
Reside Magazine
Sale Price:
( for your reference)
$
page 11
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page 13
latest article O N T E K A MAR EDICTED ONE PR Here we are in December and I’m counting down the weeks to the end of the year. I’m more excited than usual about the prospect, but although I’m eternally weary, I’m also eternally grateful. Very soon this year will be behind us, but it looks like the market that’s been generated as a consequence will continue. Here are some of the reasons for this, as described by Tony Alexander, well-known New Zealand economist, at a presentation he recently gave to our company. As I’m neither an economist nor an analyst I’d like to jot down his facts, and some of the stats, and leave you to make up your own mind as to what the future could look like. Firstly, no one could have predicted the times we currently find ourselves in. 1) It was initially thought that postCOVID-19, prices would fall by at least 7%. In fact, they fell by a mere 3% and
page 14
have since risen in excess of 10%. That’s the first big anomaly and it caught me and others, including many economists and experts, by surprise. 2) Whilst $17 billion usually filters into our domestic economy each year courtesy of tourism – and that’s not a happening thing this year – the $10 billion that Kiwis usually spend overseas is being spent inside our own borders instead. It’s going towards property and more property, investment property and land. It’s also behind the increased purchase of (wait for it) spa pools, Harley Davidsons, electronic equipment, bigger TVs, swimming pools, jewellery and art. In addition to $10 billion needing to find a home, coupled with extraordinarily low interest rates, first-home buyers are also looking to buy property, given the next five years have a level of uncertainty to them. Here’s another Alexander fact: firsthome buyers were very quick to act post-COVID-19. Usually comprising 20% of the market, that figure is now
24%. It seems many had saved more whilst in lockdown, reducing their usual entertainment and hospitality spending. Not buying a cappuccino a day – or maybe two – does add up when you look at a period of six weeks. Deposits start with this kind of action ... and they did. With the likelihood of no or nominal interest rate rises and the belief that our LVR restrictions provide a safety net for banks and consumers, I’m hoping our local Canterbury economy will grow. Our affordability as a region makes us a standout across NZ and construction in many parts of the city is surging. I’m not an economist, I know, but at this point I’m an old hand who is holding on tight to a market that looks like it could teach us all something new!
Lynette McFadden
Harcourts gold Business Owner 027 432 0447 lynette.mcfadden@harcourtsgold.co.nz
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When your brand includes the top Harcourts office out of 900 around the world in addition to the top franchise in New Zealand for income per sales consultant, it’s clear that you’ve got an extraordinary team.
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Pa rk l a n ds
Pap a n ui
So for these consultants to earn the position of one of the top ten real estate sales consultants at Harcourts gold is truly a remarkable achievement. They are phenomenally good at what they do; skilled, highly trained and dedicated to delivering exceptional results for property owners. I am extremely proud to work with these real estate professionals.
John McFadden
Harcourts gold Business Owner
Reside Magazine
page 15
forthcomingauctions Wednesday
16th December 2020 738 Gloucester Street, Avonside Ash & Shar Sutherland Todd
Thursday
17th December 2020 60 Aviemore Drive, Marshland
99 Woodbury Street, Russley
99A Fendalton Road, Fendalton
25 Heaton Rhodes Place, Cashmere
74 Brockworth Place, Riccarton
4 Enticott Place, Huntsbury
Anthony Deyn
Mary Turnbull & Mark Wang
page 16
Estelle Yang & Mark Wang
Kaye Caddick
Estelle Yang
Cameron Bailey
126 Jeffreys Road, Fendalton
1/1 Bengal Drive, Cashmere
54 Glengarriff Drive, Lincoln
3/483 Greers Road, Bishopdale
100 Blighs Road, Strowan
52 Olliviers Road, Phillipstown
96A Glandovey Road, Fendalton
32C Hewitts Road, Fendalton
9 College Avenue, Strowan
112 Paparoa Street, Papanui
42 Vivian Street, Burwood
25 Centaurus Road, Cashmere
Cameron Bailey & Estelle Yang
Ash & Shar Sutherland Todd
Cameron Bailey & Harrison Hopman
Cameron Bailey & Brendan Hart
Leeann Marriott & Phil Jack
Kathryn Picton-Warlow
Cameron Bailey
Milena Bartlett & Andrew Swift
Kathryn Picton-Warlow
Chantale & Bev Johnson
Cameron Bailey
Ash & Shar Sutherland Todd
Continues on next page...
Reside Magazine
page 17
Thursday
17th December 2020 continued... 42 Rowan Avenue, Aranui
1 Whisby Road, Cashmere
29 Longspur Avenue, Wigram
1 Evenwood Place, Waimairi Beach
38 Bryndwr Road, Fendalton
36 Glandovey Road, Fendalton
Milena Bartlett & Andrew Swift
Milena Bartlett & Andrew Swift
Cameron Bailey
Mary Turnbull & Amanda Barton
Tuesday
22nd December 2020 2568 Lake Brunner Road, Greymouth Mark O’Loughlin & Pedro Park
page 18
101 Hoani Street, Northcote Mark O’Loughlin & Pedro Park
Lily King & Mark Wang
Cameron Bailey & Brendan Hart
auction bid record
If you are bidding today
good luck! Reside Magazine
page 19
Papanui Branch
471 Papanui Road, Papanui ph: (03) 352 6166 e: enquiries.papanui@harcourtsgold.co.nz
International Division 471 Papanui Road, Papanui ph: (+64) 3 662 9811 e: 888@harcourtsgold.co.nz
Redwood Branch
280 Main North Road, Redwood ph: (03) 352 0352 e: enquiries.redwood@harcourtsgold.co.nz
Parklands & New Brighton Branch
Parklands Mall, Queenspark Drive ph: (03) 383 0406 e: enquiries.parklands@harcourtsgold.co.nz
Gold Property Management
473 Papanui Road, Papanui ph: (03) 352 6454 e: gpm@harcourtsgold.co.nz
Gold Real Estate Group LTD Licensed Agent REAA 2008. A member of the Harcourts Group.
0800 buyahome (0800 289 24 663) info@harcourtsgold.co.nz View live online auctions: www.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.