OUR EXCLUSIVE PROPERTY MAGAZINE
Issue 192, 2nd July 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.
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gold Leaders
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Auction Team
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Conduct of Auction
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Order of Sale
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Important Information
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From 10:00am:
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25 Chepstow Avenue, Fendalton 40 Halton Street, Strowan 4 Dunedin Street, Redwood 6 Riverbank Road, Northwood
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Latest Article
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Auction Bid Record
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Forthcoming Auctions
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Winter Tips
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gold Top 10
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Auction Success Stories
Reside Magazine
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5 Baladin Street, Avondale 7 Wherstead Road, Cashmere
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Brought Forward (26th June 2020):
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*No.1 Harcourts Sales Consultant Canterbury (since 2012), Nationally (since 2017) and Internationally (since 2017).
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important gold information leaders a McKenz nn
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How does AML/CFT affect me? New Legislation in the Real Estate Industry
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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
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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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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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.
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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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If you have any questions, please do not hesitate to contact your salesperson or their Manager.
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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.
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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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PD4857
Brought Forward
SOLD
5 Baladin Street, Avondale As Is - Generous Proportions Twenty-six years of ownership is set to come to an end as our sellers have issued clear instructions to sell on or before auction day. Having received a cash settlement for their earthquake damage claims, our owners have elected to sell on an uninsured ‘as is, where is’ basis.
Sale Price:
Caleb Griffioen
( for your reference)
Parklands
PI64542
Brought Forward
SOLD
$ 375,000
7 Wherstead Road, Cashmere Charming in Cashmere This much loved, character villa has come to the market for the first time in 20 years and is being sold on an “As is, Where is” basis which is sure to grab the attention of the smart buyer. Take advantage of the fantastic location with a peaceful reserve at one end of the street and at the other the popular Cashmere shops. Another bonus is being zoned for some great schools, Thorrington Primary and Cashmere High to name a few. Offering three-bedrooms, a family bathroom, updated openplan kitchen/dining/living and a separate formal living area. Our owners have made upgrades over the years including the kitchen, bathroom, partial double glazing, and some new wiring.
Ash & Shar Sutherland Todd Papanui
Sale Price:
( for your reference)
$ 460,000
1 25 Chepstow Avenue, Fendalton
PI64342
Beautiful Streamside Seclusion Beautifully proportioned, with generous spaces for family living, exuding a calm and welcoming ambience, this home offers a very special lifestyle on 847 sqm in a tranquil streamside setting. A rear section in a sought-after cul-de-sac ensures the utmost peace and privacy, yet superb amenities including library, supermarkets and cafés are all within walking distance and it’s just five minutes’ drive to Merivale Village. Take your pick of top schools with zoning for Fendalton School, Cobham, Burnside High, Boys’ High and Girls’ High.
Cameron Bailey Papanui
page 6
Sale Price:
( for your reference)
$
2 40 Halton Street, Strowan
PI64546
Space and Style in Strowan Space and style take the lead at this superbly situated contemporary home that lies in the ever-popular heart of Strowan. Thoughtfully designed to provide effortless living and entertaining options, this north-facing home, constructed of Hebel, also promotes a feeling of light and spaciousness, a quality which is showcased by the generous 2.7m ground floor stud. Dual living spaces and flawless indoor-outdoor flow assures exceedingly comfortable family living, and the presence of a separate study only heightens the property’s appeal. Bi-fold doors provide a seamless transition between the open plan living area and the magnificently appointed courtyard which features a built-in BBQ and a rain sensor louvre system which guarantees the ability to entertain year-round amid the fully fenced grounds. Kathryn Picton-Warlow Papanui
Sale Price:
( for your reference)
$
3 4 Dunedin Street, Redwood
PI59151
Last Opportunity Before The Hammer Comes Down! Located in a quiet street, this cute bungalow has been a wonderful home for my current owners and has been lovingly renovated. This property is sure to appeal to those just starting out, featuring two bedrooms, one-bathroom, modern kitchen, separate laundry, open plan living and large garaging. Well positioned on this fabulous 829m2 site the living and master bedroom are sun-drenched all day long, complete with gas hot water, heat pump, HRV and alarm. The large section accommodates the standalone double garage and certainly lends itself to further enhance with space available to potentially add more garaging for those that are car/motor enthusiasts. Kaye Caddick Papanui
Sale Price:
( for your reference)
$
4 6 Riverbank Road, Northwood
PI64439
Contemporary Living on a Grand Scale With proportions and detailing reminiscent of a grand character home, this stunning contemporary property (built 2007 by Homes of Distinction) blends the absolute best of both worlds. Comprising 348 sqm of high-spec home, utilising low-maintenance and highperformance Celcrete panels and an impressive array of extras including a C-Bus lighting system and in-slab underfloor heating on the ground floor, it’s little wonder this was an award-winning show home. All of this occupies 820 sqm in a prestigious gated community with membership to the Styx Mill Country Club, providing access to a private pool, spa, sauna, gym and tennis court just two minutes’ stroll away, and within easy reach of amenities.
Cameron Bailey Papanui
Reside Magazine
Sale Price:
( for your reference)
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auction success stories
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joiuns!
There are so many different aspects to a career in real estate. It’s not one dimensional and it’s definitely life changing. Join Cameron Bailey - the No.1 consultant for Harcourts both Nationally and Internationally, and Lynette McFadden - recognised as one of the country’s top business owners and real estate coaches, to learn about a career with the No.1 National Franchise for Harcourts. There are limited seats available so to reserve your place, RSVP as soon as possible by emailing angela.boyle@harcourtsgold.co.nz
Do you own a rental property?
! y s a e t i e k a We m 473 Papanui Road, Papanui • (03) 352 6454 • gpm@harcourtsgold.co.nz
Reside Magazine
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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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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
page 10
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Let the sun in TIP
1
TIP
3
As the sun sets earlier, there is less opportunity to get natural sunlight so get it while you can.
Clear Gutters Clogged gutters can lead to water damage, it’s best to make sure they’re functioning well before the rainy season!
TIP
Draft Stoppers
2
Have unsealed doors and windows that let warm air escape? Try out a draft stopper or be creative and make one at home!
TIP TIP
5
Smoke Alarms
Electric Blankets
4
Find an energy efficient electric blanket and look forward to climbing into a warm bed!
Now that windows are closed, keep your whānau safe by checking your smoke alarms.
Reside Magazine
page 11
forthcoming auctions Thursday
9th July 2020 8 Dow Square, Halswell
5/117 Canon Street, St Albans
6 Briarmont Street, Avondale
3 Nina Lane, Somerfield
Belinda Dunster & Nathan Tamihana
Cam Bailey & Brendan Hart
Caleb Griffioen
15 Te Kereme Street, Marshland Leeann Marriott
Caleb Griffioen
Thursday
16th July 2020 56 Bluestone Drive, Waitikiri Mary Turnbull & Kurt Findlay
54 Bluestone Drive, Waitikiri Mary Turnbull & Kurt Findlay
517 Marine Parade, Sth New Brighton Chantale Johnson & Bev Johnson
Continues on next page...
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Thursday
16th July 2020 Continued... 2 Bolero Place, Parklands
88A Memorial Avenue, Ilam
7 Norfolk Street, St Albans
2/55 Garreg Road, Fendalton
38 Repton Street, Merivale
58 Cox Street, Merivale
62 Bluestone Drive, Waitikiri
52 Glen Oaks Drive, Northwood
106 Conway Street, Somerfield
Caleb Griffioen
Vicki Grace
Tarun Singh & Ankita Thakur
Reside Magazine
Mary Turnbull
Cameron Bailey
Chantale Johnson & Bev Johnson
Ash & Shar Sutherland Todd
Cameron Bailey
Foss Shanahan
page 13
latest article
Right now, one of the recurring queries when working with people hoping to purchase in a specific location is, ‘what’s this community like?’ ‘Do you know much about the neighbourhood?’ And, ‘is this an area where you can really feel part of things?’ It’s becoming a post-lockdown reality as people seek to feel that they and their families belong. It’s possibly a trend that will gain considerable traction and reflects the activities that became the focus during the various lockdown stages. Daily walks whilst keeping your social distance involved greeting everyone, strangers and neighbours alike. Grocery drops and medication runs, something my own family did for previously unknown locals, made the world of difference to them and us. All of it cementing a sense of care, especially for those in our local community. And now it’s needed even more. Our city, our businesses and our country’s financial well-being going forward depend on it. Everywhere in New Zealand, the call is going out to buy local, ‘back your own backyard’ and do what you can to help. At a national level, the introduction of reduced LVR (Loan
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to Value Ratio) restrictions means those lofty deposits of recent years are now no longer required and first-home owners are benefiting. As are those with mortgages, and investors, who can take some comfort from low – and likely to go lower – interest rates. There’s a stockpile of positives but there’s also a mountain of uncertainty. Exactly what will happen to property prices? What effect will the winter have? Where will the unemployment levels get to? And there’s also an election to consider. The smart money is on certainty if you’re a seller, a family-friendly location if you’re a buyer. There’s been an emergence of some ‘hot’ suburbs that, whilst traditionally slower to attract interest, are really doing well now, and an awareness that no matter where you are in the property cycle or your own life cycle, it’s time to do a lot more of it locally.
Lynette McFadden
Harcourts gold Business Owner
auction bid record
If you are bidding today
good luck! Reside Magazine
page 15
Papanui 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
International Division
471 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 ph: (+64) 3 662 9811 fax: (03) 352 1322 e: 888@harcourtsgold.co.nz
Gold Property Management 473 Papanui Road, Papanui PO Box 5400, Papanui, 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
Parklands & New Brighton 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
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.homes4sale.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.