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HOME: WHERE THE HEART IS

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FUTURE GENERATION

FUTURE GENERATION

@ Dawson & Co.

Top Gliss Master wardrobe by Molteni & C designed by Vincent van Duysen

Bottom Hector Night walk-in closet by Molteni & C designed by Vincent van Duysen

DAWSON & CO., Northshore Showroom, 38 Constellation Drive, Rosedale T: 09 476 1121, Parnell Showroom, 115 The Strand, Parnell; info@dawsonandco.nz www.dawsonandco.nz

BLAIR HADDOW: Lockdown log-jam stalls spring property market – but only temporarily

Four weeks of Level 4 Covid-19 community lockdown in Auckland may have stalled the spring resurgence of Ponsonby’s residential real estate market… but it failed to quench buyer demand, according to the area’s leading real estate salesperson.

Blair Haddow of Bayleys Ponsonby said that while residential property sales in the locale during the second half of August and first half of September were predominantly confined to internet video auctions – seeing transactions concluded online – the number of new listings coming onto the market dried up.

“Many potential vendors thought there was little point in listing when no-one is able to come to an open home. On top of the inability for purchasers to physically view properties inside, we couldn’t organise any professional photography of new listings, so promotional activity came to a halt for those homes which weren’t already on the market before we went to lockdown on 17 August,” said Blair Haddow.

“However, the Level 4 restrictions simply stalled the inevitable spring activity for four weeks. And now that we’re back in Level 3, there is the ability to launch campaigns and host viewings under strict Government guidelines restricting how many people can view a property on any given day, and the ability to attend auctions.

“Interestingly, our auction clearance level rose from 70 percent under the relative freedom of Level 1 conditions, to a 90 percent clearance level under Level 4. That essentially meant our listing stock has been all but cleared out.”

Blair Haddow had multiple new spring listings coming to the market just as the 17 August Level 4 Covid-19 conditions were imposed. Now that the marketing collateral for those new homes has been completed, they are now officially on the market for sale, and include:

1 Ariki Street in Grey Lynn – a three bedroom/twobathroom/two-living area villa. This family home on a flat north-east facing section situated near the Grey Lynn ridge has double car garaging and additional off-street parking for another vehicle. Extensive decking wraps around the kitchen and dining room – making for a relaxed al-fresco space accessed by large bifold doors.

57 Williamson Avenue also in Grey Lynn – showcasing a classically-styled three-bedroom/one-bedroom villa with offstreet parking for two vehicles. In its near original format, the property has been a rental for its current owners for quite some time, and has plenty of scope to add value through renovation and modernisation.

99 Franklin Road in Freemans Bay – a mixed-use property which was originally a four-bedroom/one-bathroom residence with double off-street car parking, but more recently it has been used as commercial premises by its current owner and their professional services business. The single level 112-square metre property offers a ready-made opportunity for a ‘work from home’ scenario, or could just as easily be converted back into a purely residential address in a street famous for its Christmas lights display.

12/8 Dock Street in Freemans Bay – a two-bedroom/ two-bathroom terraced townhouse with double car garaging overlooking Victoria Park.

Amidst all the reshuffling of listings, Level 4 and Level 3 were also a time of celebration for Bayleys Ponsonby – with the office winning the Best Medium Sized Residential Office of the Year title at the Real Estate Institute of New Zealand 2021 Awards for Excellence. It is the second consecutive year Bayleys Ponsonby has won the title.

It was also a dual time of celebration for Blair Haddow – whose outstanding sales results over the winter period have seen him rank among the top 10 residential salespeople within Bayleys’ national network, and top five percent of the company’s greater sales teams in the 2020/2021 financial year.  PN

www.facebook.com/BlairHaddowResidential

THE ART OF EXCELLENCE

An architecturally designed masterpiece by celebrated New Zealand-born, London-based Amanda Reynolds, this two bedroom standalone townhouse just minutes from the cosmopolitan cool of West Lynn village offers a stunning easy care lifestyle.

Peacefully positioned at the end of a private driveway, the home flows across four superb levels, opening with a spacious double garage with e-bike stations, and an immaculate laundry plus bespoke storage with plenty more beneath the stairs.

Feel welcomed into the warm and inviting living hub of the home on the next level, anchored by an entertainer’s kitchen complete with integrated Miele appliances so you’re always ready to host gatherings both generous and intimate.

Admire the gorgeous French oak flooring as you throw open the bifold doors from the living and dining to a north-west facing deck. Watch the sun set over the Waitākere Ranges, glass in hand, before retiring to the master suite a floor up with its own Juliet balcony.

Custom wardrobing has been cleverly designed and finished to perfection, whilst the adjacent boutique hotel-feel bathroom sports a freestanding bath and separate shower.

The uppermost level of the home is currently configured as a second living area and dream work from home space, with sliding doors opening out to uninterrupted views of the surrounding leafy neighbourhood and across to Cox’s Bay and beyond to the Upper Harbour, including a glimpse of the Sky Tower for New Year. Custom cabinetry ensures this space could easily be transformed into an additional bedroom perfectly positioned to harness the natural light.

Completely refurbished just seven years ago with high spec upgrades including integrated sound and visual technology, heat pumps and wall heaters and with beautifully landscaped surrounds in a premium cosmopolitan location, this secure and stylish residence is the perfect answer to effortless living.

@ OUTDOOR LIVING SUMMER 2021 Meet the Newbies

Santa Monica Armchair Classic Black Santa Monica 3 Seater Sofa Classic Black

Toledo Ottoman Classic Black

Anson Outdoor Round Coffee Table Estepona Rectangle Coffee Table

JI HOME, 36 Pollen Street, Ponsonby , T: 09 930 6268, www.jihome.nz

NEW OUTDOOR COLLECTIONS SUMMER 2021

Catherine Martin by Mokum, Majorelle Collection-La Palma

WHICH INTERIOR DESIGN TREND WORKS FOR YOU?

Spending more time at home in recent months has made us more aware of our interior living spaces. Window treatments have always been a key part of any home design.

Lahood Window Furnishings will inspire and guide you through the current trends to help you discover what suits your personality and your home.

The last year of lockdowns has made many of us see the importance of our homes as sanctuaries from the world outside. How the inside of our living spaces look reflects who we are, and what makes us feel calmer and happier.

Back to Nature, bringing nature indoors The theme of Back to Nature is characterised by using natural materials or hand-crafted elements to mimic nature. Bringing the outdoors in and looking to nature for inspiration has resulted in the growing popularity of patterned textiles and fabrics featuring lush botanicals. Greenery and plants are enjoyed in abundance within the interior space, said to improve one’s physical and mental wellbeing.

A Calming Sanctuary The idea of Calm Sanctuary is represented by the creation of spaces where you can take solace from the pressures of everyday life to revitalise and restore. Spaces to cocoon, retreat, relax and revive within the beautiful haven of the home. Textiles made from organic materials and fabrics that copy the language of nature focus on the richness of surface textures. Calm Sanctuary evokes a feeling of mindfulness and wellbeing and represents a much needed retreat from the world.

Minimalism Minimalism is still a strong ongoing trend and is sometimes a reflection of an awareness about the downsides of a consumerist society. There’s a focus on the look and the feel of the fabrics, but they sit subtly in the background and don’t intrude. Perfect if you want drapes and blinds but you want your accessories or artworks to stand out and be the focus of your interior décor.

1970s Colours are back Decorating our houses in bold colours and earth tones linked to the 1970s is part of the back to nature and calming trends. As people are indoors more, they seek to embrace the outdoors by using more grounded colours, which evoke a sense of comfort and calm. There is also a subtle shift towards the humbler earth tones, richer hues are redefining how the whole home feels: comforting, safe and inviting.

Lahood Window Furnishings can help you discover which interior design trends inspire you to make a more comfortable and happier home to live in. Their experienced and friendly design consultants and showroom staff are ready to work with you from start to finish. And they offer a range of brands and products that are second to none in Auckland.

Orla Kiely Multi Stem Collection 100% cotton

James Dunlop Fusion, Tactility cotton/acrylic blend

Meluka now has their first ever collection of books available to purchase online. And with any purchase of a New Zealand made Meluka BOOKboy during the month of October you will get your very own book for FREE while stocks last.

Little People, Big Dreams. Discover the lives of outstanding people, from designers and artists to scientists and activists. All of them achieved incredible things, yet each began life as a child with a dream.

Shop the full range online now at meluka.co.nz

B Y D ANSK E M ØBL E R Furniture. Simply.

15% FF

SHELVES

FREE book with every bookshelf purchased

HOME WHERE THE HEART IS HOW TO START A SUCCESSFUL AIRBNB BUSINESS, WITHOUT OWNING ANY PROPERTY

Don’t own a property? You can still own a thriving Airbnb business.

My partner and I were trying to save for a house deposit. We realised that it would take a long time applying the normal equation of transferring what was left of our wages into our savings account at the end of the fortnight. We found a system referred to as ‘Airbnb Arbitrage', which was the key to us achieving our goal. Airbnb arbitrage is the practice of renting properties and subletting them on the Airbnb platform. We thought this could be a thriving business in our backyard of Herne Bay, Auckland, and best of all it didn’t require us to own any property.

In our case, we found several units for rent in Herne Bay, all owned by a single landlord. The only issue was that the units were very tired and therefore unsuitable for Airbnb. We put a proposal to the landlord that they renovate the units and lease them back to us at a higher rent. The landlord declined. Ultimately this worked in our favour because we went on to renovate the units ourselves and lease the units at the original (cheap) rental rate. We paid off the renovation within six months and continued to enjoy an ongoing low rental rate, which is far better than paying higher rent long term. Why? Because of this simple equation:

Ryan Weir & Carly Hensman

{Income from Airbnb} - {Rent paid to the Landlord} = Margin

You may have heard the mantra of people who make a living from real estate: ‘You make your money when you buy’. A similar principle applies to successful Airbnb arbitrage - you make your money on the leases you sign with landlords. The more favourable the lease terms are, the greater the margin will be. If run well, a person involved in Airbnb arbitrage in the Greater Ponsonby area will stand to make a margin of $10,000-$20,000 per Airbnb, per year.

The beauty of Airbnb arbitrage is it is scalable - once you have the systems in place for your 1st Airbnb, those same systems can be replicated to set up your 2nd, 3rd, 4th Airbnb and so on. If you set up five Airbnbs the margin could be up to $100k p.a. - without owning any property. Not bad income for a part-time side business! (RYAN WEIR)

ryan@propertyscouts.co.nz

Before & after. Ryan Weir Property Renovation

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