Property Brokers INVESTING magazine

INVESTING PROPERTY BROKERS’ COUNTRY!

Get more for your money in the regions

Upwards of 7% gross yield on featured properties

Property Brokers Limited Licensed under the REAA 2008

Diversify your portfolio

www.propertybrokers.co.nz

Welcome “With excellent returns, the regions are a great place to invest”

Welcome to Property Brokers’ Country. In this magazine you will see properties that represent unbelievable value for money that we have for sale in our region.

We have a fine selection of investment and commercial properties in our larger cities, smaller towns and throughout the Waikato and the lower North Island. We have ensured they have prices associated with them, you will find it amazing what your money will buy in our fantastic regions.

Have a look. If you are interested, call one of the Property Brokers team today and experience what it is like to invest in our patch. Visit our website propertybrokers.co.nz if you require more detail.

We look forward to welcoming you to Property Brokers’ Country — it’s a great place to live and invest.

Yours sincerely

Tim Mordaunt Managing Director

Contents INVEST IN WAIKATO & KING COUNTRY

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Waiharoa, Tirau and Taumarunui INVEST IN MANAWATU

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Palmerston North, Pahiatua, Dannevirke, Feilding, Foxton, Levin, Wanganui, Marton and Taihape INVEST IN HAWKE’S BAY

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Wairoa, Napier, Clive, Taradale, Hastings and Waipukurau INVEST IN WAIRARAPA Woodville, Pahiatua, Masterton and South Wairarapa

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Invest in the provinces

“… with house prices more accessible for budding investors, some of New Zealand’s provincial cities are proving to be a great alternative”

Property Brokers’ Country offers an exciting opportunity to discerning investors. The regions promising growth and demand for good properties can enhance your investment and maximise your return. The dynamics of a provincial town or city may better suit your budget and produce a better yield than the big cities.

The provinces of New Zealand consistently prove to offer better returns than Auckland when studying the median rent price for a three bedroom property and comparing it with the median sale price.

Also, with house prices more accessible for budding investors, some of New Zealand’s provincial cities are proving to be a great alternative to the high priced suburbs of Auckland.

Investors can be priced out of the Auckland market, however this is not the case in all of the main centres in the lower North Island. Wanganui proves to offer the best return, with house prices low in comparison to other centres.

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Although geography and local knowledge may appear to be a problem for big city investors, Property Brokers has the solution. It has the most qualified Property Managers in the country and has outstanding local knowledge with a strong support network.

“It is about maximising our investor’s income whilst protecting the value of their property”, says Rental Divisional Manager Janet Thompson, “Thousands of landlords entrust their properties to us and many of them live overseas or away from the area”.

Property Brokers can assist prospective investors with purchasing and managing their investments. We also run a successful Project Management service called Rentovate. Our team of dedicated contractors ensure that we can add value to your property whilst minimising vacancy periods caused by renovations. Whether it is buying, managing or renovating your investments in the provinces, ensure you call the team at Property Brokers today.

Invest in Waikato The Waikato is an agricultural powerhouse and is New Zealand’s fourth largest contributor to the economy. Towns include Matamata, Waihi, Te Kuiti, Te Aroha, Hamilton, Raglan and many more.

The region plays host to international investors from the likes of The Netherlands, United States, Sweden and China bringing artificial cattle breeding, packaging and dairy innovations into the area. The Waikato Chamber of Commerce backs investors both at a local and international level and supports sustainable and profitable growth within the region.

Waikato is located in upper North Island and is part of the golden triangle which connects Hamilton, Auckland and Tauranga. This location makes it convenient for freight and logistics and also allows the region to have investment opportunities in dairy processing, high-value manufacturing and logistics infrastructure. This sector will be further boosted by a proposed $3.3 billion inland freight and logistics hub located at Ruakura. The main trunk line runs through

Ruakura with the proposed Waikato Expressway running along the eastern boundary.

The region is home to the Waikato Innovation Park which was established to enhance and stimulate the Waikato’s economic growth and offers business growth support and advice for free. It sits on 17 Hectares and houses over 40 commercial tenants.

The region plays host to international investors from the likes of The Netherlands, United States, Sweden and China Commercial investments are plentiful with properties starting as low as $90,000.

A great opportunity for a career change or to own that business that you’ve often thought about.

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Prime industrial park

Waharoa Dunlop Road

WEB ID MAC44110

BY NEGOTIATION

Fast growing Waharoa is experiencing unpredicted growth with direct lines from Auckland to Tauranga port with arterial routes both road and rail running through the town.

Stage one of this prime industrial development is fast selling. Only four of the section sites remain which bound Dunlop Road.

The sections range from 3000m2 to 8000m2 with titles now issued. All sections are visible to State Highway 27 with over 3 million vehicles passing along each year.

Starting at $70m² these values here are entry level and located centrally between the 3 main centres, Auckland, Tauranga and Hamilton.

High consideration is needed here for these investment opportunities.

Deb Quin Mobile 027 433 7776 Office 07 888 6468 deb@propertybrokers.co.nz Trevor Kenny Mobile 021 791 643 Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

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Invest for the future

Tirau 14 Patetere Street

WEB ID MAC44863

$420,000 + GST (IF ANY)

A near new build of 280m2 with expansive office space, brilliant commercial area and great off street parking in a securely fenced 1100m2 landscaped section.

Colour Steel exterior with double glazed aluminium joinery.

The lease is 2 years into a 5 year lease, with 5 x 5 years right of renewal.

This property was specifically built for the incumbent tenants, and returning close to 9% on the vendors investment.

Tirau is a growth centre being in the hub of the Waikato with main arterial routes passing through Tirau and is now becoming a destination for increased commercial activity.

View by appointment.

Deb Quin Mobile 027 433 7776 Office 07 888 6468 deb@propertybrokers.co.nz Trevor Kenny Mobile 021 791 643 Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

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Affordable investment

WEB ID BC44742

Taumarunui 58 Miriama Street

$350,000 + GST (IF ANY)

Hikurangi House, located at 58 Miriama Street in Taumaranui, has been home to Westpac Bank since 1979. Over the years the building has increased in size and the tenants have become diversified. The four current tenancies and one vacancy could provide a sound increased rental return from the current rental of circa $55,000 per annum. Taumaranui is the largest town in the Ruapehu district and is the main service centre for the surrounding rural and forestry communities.

Key Features: • Multiple tenants - including national tenant in Westpac • Double digit yield potential at proposed sale price • Seismic rating of 71% of new building standards • Selling below the rateable value of $560,000 pa • Net rental circa $55,000 Call today for further information.

Adrian van Dyk Mobile 027 253 7483 adrianv@propertybrokers.co.nz

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Invest in Manawatu/Wanganui region Auckland investor Roy Richardson explains the benefit of provincial investing

The region’s location makes it suitably placed to be a key logistics and freight hub for the lower North Island The Manawatu, Wanganui, Rangitikei and Horowhenua areas offer an abundance of both residential and industrial investment opportunities.

Palmerston North in particular has many industry leading companies including EziBuy, Mars Incorporated, Proliant and Toyota which are paving the way in their respective fields. Companies from Australia, United States and Japan are currently invested in the region. This, along with Massey University graduates (highest PhD per capita in NZ), means that there is a steady supply of well trained and qualified people ready and willing to fill positions crucial to the success of the many industries the region has.

The regions location makes it suitably placed to be a key logistics and freight hub for the lower North Island. This can be attributed to its central location. State

Highways 1, 2 and 3 intersect in the region offering connection points to Wellington, Hawkes Bay and Taranaki. The location of Palmerston North helps in keeping our rural communities connected from as far north as Taumarunui, to Wanganui, over to Dannevirke and Levin in the south.

For those looking to get onto the property investment ladder, the Rangitikei region provides many affordable residential options starting from only $99,000. If you are after a lifestyle change, perhaps investing in one of Marton’s historic landmarks as a bed and breakfast could be the change you are after.

Agriculture, forestry and fishing are Horowhenua’s largest industries, which has a share of 22.5%* of the overall share of business units in the region.

* Horowhenua District Economic Profile

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Wanganui has been a rewarding district to invest in residential property.

Coming from Auckland I was amazed at the value for money I was able to purchase. This has enabled me, to invest in a higher quality of residential property for rental than is possible in sought after locations of Auckland.

Although rentals are lower, they are very affordable and as an example a nice 1 bedroom unit can rent at $170 per week on a purchase price of $60,000 to $80,000 per unit. In comparison to Auckland, rentals may be $350 to $400 per week on a purchase price of $400,000 to $500,000.

As a result Wanganui offers the investor a higher return on capital from rental but trails larger centres for capital appreciation. This can benefit the mature investor seeking income for retirement in preference to capital growth.

For out of town investors such as myself, I can highly recommend the property management skills of local rental specialist managers. With a lot of local knowledge and contacts I have been impressed with the quality of tenant choice and the competitive control of maintenance expenses through trusted and reliable tradespeople.

From a home ownership perspective there is absolutely no doubt that if you have a secure job and or superior job skills that will ensure you are always employable, the opportunities are unlimited. To own a beautiful house in a beautiful historic New Zealand town at an affordable price is a real possibility in Wanganui.

Roy Richardson, Investor, Auckland

Sick of the rat race?

WEB ID BC26233

Palmerston North Central

$395,000 + GST

Awatea Park is a leasehold motel opportunity situated in a park like setting on the golden mile in the heart of the city. It comes with a 3/4 bedroom home with multiple living areas and you are literally a few minutes away from the CBD and Massey University.

It is a fantastic opportunity to be your own boss and earn an above average income without the hassles of driving to work.

Zoned for all the top schools and directly opposite PN Girls High School this ticks all the right boxes.

Contact me for a free information pack and escape the rat race.

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

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Leasehold Motel with lots of pluses

WEB ID BC44700

Palmerston North 116 Fitzherbert Avenue

$450,000 + GST

Customers love this motel and you should too. It's a stone's throw to local eateries etc, yet its nestled location makes it considerably quieter than others nearby. It's all single story, so no customers lugging heavy suitcases up stairs and its 13 units offer a good mix of accommodation types. If you are considering motelling as a great lifestyle option, you should give this one serious consideration.

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

Bernina Sewing Centre

WEB ID BC42399

Central

Bernina Sewing Centre is a fabulous lifestyle business in the heart of Palmerston North. It has been going for over 60 years and has stood the test of time. They sell and service sewing machines and overlockers, provide a range of haberdashery and also provide classes in a range of sewing related areas. If you are tired of your day job and would like to own your own craft/hobby lifestyle business this could be the opportunity you have been looking for.

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$310,000 + GST

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

Renowned local coffee spot

WEB ID BC44684

Pahiatua

Brockies Cafe is a bit of an institution in the rural hamlet of Pahiatua. It has served up fantastic coffee and food for over 20 years. Situated on the sunny side of the Main Street, it caters to a steady stream of locals and the considerable passing traffic as well. With low overheads and a very regular client base this is a solid and profitable business for owner operators. Immerse yourself in the local community or the big smoke of Palmerston North, which is just 20 minutes away. It will be hard to find a better cafĂŠ under $100k.

$89,000 + GST

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

Unique retail establishment

WEB ID BC44784

Palmerston North

This longstanding store is responsible for kitting out the students of many fine schools in the region. Each year they are busy with the latest influx of students and parents. They also sell a range of men's and women's clothing not found in other stores together with wool and sewing products. It's a unique store that continues to stand the test of time. The peak selling period is December / January when everyone buys their new school uniforms. Investigate today so you can reap the rewards of this peak trading period.

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$95,000 + SAV

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

Get a slice of the action

WEB ID BC44312

Feilding

Hell Pizza is one of NZ's most iconic franchise brands and here is your opportunity to join the team and own the Feilding franchise. Ideally suited to owner operators, this store is well established with a very good weekly turnover, producing solid returns to the owners. With cutting edge marketing and fantastic training for new franchisees this is a great entry into the world of being your own boss. The hours of work also give you plenty of days off to enjoy other interests.

Contact me for a free information pack.

$245,000 + GST

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

Ripe with opportunity

WEB ID BC44325

Levin

BUYERS $200,000+

Buy a business with huge upside potential. The products are first class and markets have been established in NZ and 13 other countries. A new owner could really kick this opportunity into gear and reap the rewards. Currently operated part time from a home base but with considerable growth potential. Could be operated from anywhere. Contact me for a free information pack to learn more.

Steve Davey Mobile 027 257 6856 Office 06 351 2870 steve@propertybrokers.co.nz

• Well established product range • Sole product rights • Established in 14 countries 10

DIY investor/handyman required

A smart move

$220,000

$480,000 + GST (IF ANY)

WEB ID MTU42414

Marton 372 Wellington Road

Great opportunity to have two feet on the property ladder at once. Just minutes to all shops. These 4 x 2 bedroom flats offer an exciting prospect to their new owners. With an achievable gross return of $545 per week this is an opportunity not to be ignored. Each unit could do with a facelift which could support even extra return.

Gross Yield Estimated Weekly Rental

WEB ID MTC41534

Marton 16 Station Road

Excellent opportunity for savvy investors to purchase a wellpositioned office/warehouse, just off State Highway 1. The property provides an established tenant and a new lease returning $30,000 pa + GST a good mix of warehouse and well-designed offices. An additional opportunity exists to negotiate the purchase of a Marton and Shanghai based export business of Manuka Honey and Health products.

12.39% $545

Wendy Wagner Mobile 027 481 4773 Office 06 927 0519

Wendy Wagner Mobile 027 481 4773 Office 06 927 0519

Already rented

Solid brick home

$89,000

$92,000

WEB ID MTU42667

Marton 14 Fergusson Street

WEB ID MTU42907

Marton 39 Ahuru Street

With great tenants in place that is a ready-made investment already showing good returns. Cosy home 3 bedrooms, sunny lounge with heat pump, good size back yard set in a family friendly neighbourhood. This is a property sure to please the most astute purchaser. Contact us now for your private viewing. Currently rented for $190 per week.

Stop paying someone else's mortgage and start paying your own. This bargain home is at the end of a cul de sac, and borders a green belt. Only a few minutes drive to the shops, for when you forget that odd item. Put in a little elbow grease and let your imagination take wings to produce a home you will be so proud of. Currently rented for $190 per week.

Gross Yield

Gross Yield

10.67%

Wendy Wagner Mobile 027 481 4773 Office 06 927 0519

Wendy Wagner Mobile 027 481 4773 Office 06 927 0519

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10.33%

Magnificent views, many options!

Bastia Hill 46 Mt View Road

WEB ID WGU40331

$259,000

Set amongst other quality homes on Bastia Hill, this four bedroom home with a selfcontained flat downstairs, has the option of being a fine family residence, rental or total investment package (currently tenanted at $405 per week).

The main house consists of three bedrooms, separate kitchen, lounge, dining, bathroom, spa room and conservatory. The flat has one bedroom and a bathroom.

The vendor is motivated and the price is realistic, so take advantage of this opportunity now!

Alan Perfect Mobile 027 705 0987 Office 06 281 3703 alanp@propertybrokers.co.nz

Invest in three quality dwellings

Durie Hill 3 Durie Street

WEB ID WGU42577

$389,000

On the one title is a substantial four bedroom home with multiple living spaces (rental assessed at $270-$285 per week). The capital opportunities or flexible living arrangements exist further with a two bedroom and a one bedroom townhouse.

The two bedroom townhouse consists of open plan living and dining, a decent sized kitchen with upgraded floor coverings (rental assessed at $165-$175 per week). The one bedroom townhouse nestled towards the front of the property offers private accommodation (currently rented for $130 per week).

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Steven Schwamm Mobile 021 176 7845 Office 06 281 3724 steven.schwamm@propertybrokers.co.nz

Unique opportunity

Marton 832 State Highway 3

WEB ID MTL40275

$359,000

The owners of this unique property have loved living here for the last 23 years, running a small business and developing their delightful home and gardens. Sadly, it is now time to move on and leave their creations for others to enjoy.

Presentation throughout is impeccable, from the quality chattels in the four bedroom weatherboard home through the picturesque gardens and all the way to the last apple tree in the orchard, you will hardly find a thing out of place.

The high profile corner site has over 600 square metres of sealed parking with Transit NZ approved access. Combined with the 120 square metre extra selfcontained premises, this could be a great work from home or small business opportunity.

Bring your ideas along, there is a very good chance you will be able to make them work here. Call us today.

Tracy Harris Mobile 027 303 2392 Office 06 927 0535 tracyh@propertybrokers.co.nz Derek Harris Mobile 027 232 2224 Office 06 927 0534 derek@propertybrokers.co.nz

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Le Cafe Telephonique

Taihape 8 Huia Street

WEB ID TIC38577

$235,000

Outstanding award winning Le CafĂŠ Telephonique is open seven days and nights, tapping into the 6 million travellers passing each year. The cafe dominates the view for the southbound traffic on SH1. Le Cafe offers french influenced deli food, brunch menu and a la carte menu in the evenings. Fully licensed and boasting Ozone Coffee.

Le Cafe prides itself on the use of quality products and service and it has achieved several awards, with the most recent being made by Trip Advisor.

The business has shown a steady rise in turnover and subsequent profit. The land and buildings are for sale at $240,000 or can be leased long term.

It has a great location in a vibrant town on SH1, it is very successful, has excellent staff and is ready for a buyer or couple to enjoy.

Visit our web page le-cafe.co.nz Denis Robertson Mobile 027 447 4023 Office 06 388 0200 denisr@propertybrokers.co.nz

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Three sale options

Gonville 16 Alma Road

WEB ID WGC33601

$2,400,000

Alma Apartments presents a great Unit Titles Residential Investment for the buyer looking to start or add to their portfolio - from a seasoned investor to an owner/manager looking for a lifestyle change. Regularly fully tenanted and including furnishings throughout all apartments, this 29 unit title complex, with 30 letting units, has appeal.

Located on Alma Road, Gonville, Wanganui, Alma Apartments can be purchased either as one complete property, or in a selection of investment packages to suit the requirements of the buyer.

Check this one out carefully and be a positively geared investor. Call Gil or Lee now for a confidential discussion on this opportunity.

Gil Button Mobile 021 326 956 Office 06 281 3709 gil.button@propertybrokers.co.nz Lee Chandler Mobile 021 705 657 Office 06 281 3713 lee@propertybrokers.co.nz

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Corporate grace

Wanganui Central 28 Taupo Quay

WEB ID WGC44735

BY NEGOTIATION

The Backhouse Building is located on a prime corner site on Taupo Quay, Wanganui and is one of Wanganui’s prime historic office buildings. Exuding great style, size and location. Extremely well appointed four storeys, with the upper floor ideal for activities requiring a special, secure environment.

The ground floor has three entrances, leading to centrally located lift and two stairwells. Floor areas total 3,241m2, NBS 82% following recent upgrade. Polished wooden features, extensive air conditioning and ducting throughout, swipe card access to building and offices plus a security system enhance the building.

Located only one block from Victoria Avenue, adjacent to the beautiful Whanganui River, river markets, aquatic sports, entertainment and social areas.

For lease as a complete building with enquiries over $300,000 plus GST, plus outgoings, per annum.

Consideration may be given to leasing selected individual floors, by negotiation.

Explore more by going to www.yourtour360.com/pb/28t Call Gil or Lee now for a confidential discussion on this opportunity.

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Gil Button Mobile 021 326 956 Office 06 281 3709 gil.button@propertybrokers.co.nz Lee Chandler Mobile 021 705 657 Office 06 281 3713 lee@propertybrokers.co.nz

Secluded charm

WEB ID LU40692

Levin 5 Oriel Place

$240,000

There is so much to fall in love with in this home. From the lovely native timbers, to the open fire place in the dining room and the charming window seats in the bedrooms. This bungalow just oozes charm and beauty.

Featuring three bedrooms, large sunny lounge, separate dining room, a great kitchen with access to a fabulous deck for that important indoor/outdoor flow - this property is truly something special! Located in the popular northeast, this home is nestled on a private 1017m2 fully fenced section. Rental appraisal of $285pw.

Adriana Wilton Mobile 029 776 6902 Office 06 366 0880 adriana@propertybrokers.co.nz

First home or investment potential!

WEB ID LU43880

Levin 13 Graham Street

$205,000

This three bedroom home is located in popular Graham Street, handy to town and schools. The backyard is fully fenced and it has a single garage and carport.

The home is spacious, with a large lounge with a built-in fireplace and the bathroom features a shower and bath. The toilet is separate and there is a big laundry.

Rental appraisal $240-$260 per week. Great buying at this price with plenty of opportunity to put your stamp on it and add value.

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Adriana Wilton Mobile 029 776 6902 Office 06 366 0880 adriana@propertybrokers.co.nz

Grab a goldmine!

Levin 26 McKenzie Street

WEB ID LC25095

$420,000 + GST (IF ANY)

Returning close to $50,000 p.a. plus GST (including rates and insurance), this is better than the bank can offer!

An easy drive from Wellington, Kapiti or Palmerston North, this attractive 862m2, steel portal building is divided into five units. It is fully tenanted, boasts a current W.O.F. and a new coat of paint.

Situated on 1639m2 in a quiet area close to State Highway 1, each unit has heat detectors hard wired to the local Fire Brigade, toilets and some units have shower and kitchen facilities.

You won't find a better investment.

Murray Doreen Mobile 027 490 4773 Office 06 366 0662 murrayd@propertybrokers.co.nz

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Investor alert - Corporate tenant

Foxton 88 Main Street

WEB ID FTC44474

$300,000 + GST (IF ANY)

This modern office building with a long term corporate tenant, is proudly marketed

by Lynsey Vining.

This 260m2 building is right in the heart of the Foxton CBD and adjacent to the proposed Dutch museum, library and tourist centre.

The Wharf Street entrance allows for plenty of car parking, or with council approval, new shops could be built.

There are plenty of options for the future and in the meantime, the lease payments are more than adequate to provide a substantial return on investment.

Viewing is strictly by appointment.

In the first instance, please call Lynsey on 06 363 0036 Lynsey Vining Mobile 027 450 7698 Office 06 363 0036 lynseyv@propertybrokers.co.nz

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Well tuned investment

WEB ID DU44960

Dannevirke 344 High Street

$85,000

• Here is a great start to your investment portfolio - or add another to it!

• Professionally managed investment offering better than 9.4% yield • Sound three bedroom bungalow with separate lounge and single garage • Low risk opportunity - buy now for the future!

Gross Yield Estimated Weekly Rental

Kerry Sutherland Mobile 027 430 6210 Office 06 374 8102 kerrys@propertybrokers.co.nz

9.41% $160

Motivation is high

WEB ID DU39622

Dannevirke 8/25 Queen Street

$72,000

This flat is a very cosy and tidy two bedroom home. It offers open plan living areas, nice light interior decor and carpeted floors for warmth. Being built of lower maintenance materials, means upkeep is made easier and neighbours adjoining for company and security.

This awesome little flat is close to town and all it has to offer. Affordable home or investment flat will earn over 9% return.

Gross Yield Estimated Weekly Rental

9.29% $130

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Kerry Sutherland Mobile 027 430 6210 Office 06 374 8102 kerrys@propertybrokers.co.nz

Long term tenant

WEB ID DU44821

Dannevirke 15 Thyra Street

The current tenants have lived here for a number of years and are currently paying $195.00 per week. This four bedroom home could be a great purchase as an investment or as a first home buy.

With a bit of TLC and a lick of paint, this property would scrub up well. Open plan kitchen and dining, and good carpets in the living and bedroom areas. A large back yard completes the property.

Gross Yield Estimated Weekly Rental

9.03% $195

$118,000 Nigel Jackson Mobile 027 245 3695 Office 06 374 8102 nigel@propertybrokers.co.nz Tam Lansdown Mobile 027 222 1341 Office 06 374 8102 taml@propertybrokers.co.nz

Nest or invest

WEB ID DU44782

Dannevirke 259 High Street

With a newly painted exterior, this property has been given a real lift. This great little house has three bedrooms, a good sized living area and open plan kitchen and dining room.

Situated in the bathroom is a bath, shower and vanity, with the toilet and laundry areas separate. A free standing fire heats most of the home. An easy care section with excellent fencing and single garaging with a concrete drive.

Gross Yield Estimated Weekly Rental

10.88% $185

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$89,000 Nigel Jackson Mobile 027 245 3695 Office 06 374 8102 nigel@propertybrokers.co.nz Tam Lansdown Mobile 027 222 1341 Office 06 374 8102 taml@propertybrokers.co.nz

Investment alert

WEB ID DU44792

Dannevirke 78 Cole Street

With a current tenant in place paying $180.00 per week, this is the perfect opportunity to enter the investment market. Two bedrooms, plus a sunny play room or office, with range views. This home is well heated with a heat pump and inbuilt fire. Good carpets throughout and the added bonus of ceiling and underfloor insulation, meeting the rental criteria. At asking price this property is gaining a 9% yield.

Gross Yield Estimated Weekly Rental

9.18% $180

$98,000 Tam Lansdown Mobile 027 222 1341 Office 06 374 8102 taml@propertybrokers.co.nz Nigel Jackson Mobile 027 245 3695 Office 06 374 8102 nigel@propertybrokers.co.nz

Investment - first start

WEB ID DU44339

Dannevirke 239 High Street

Looking for a home that has potential and space with plenty of garaging? This four bedroom home has open plan, kitchen, dining, living areas and is heated by a free standing log fire. There is a large deck at the rear of the home overlooking the abundant amount of sheds. This is a fantastic property for someone who enjoys their hobbies, ie: cars, woodwork, welding etc. Currently tenanted at $220 per week with a Rateable Value of $121,000.

Gross Yield Estimated Weekly Rental

9.57% $220

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$115,000 Tam Lansdown Mobile 027 222 1341 Office 06 374 8102 taml@propertybrokers.co.nz Nigel Jackson Mobile 027 245 3695 Office 06 374 8102 nigel@propertybrokers.co.nz

Invest in Hawke’s Bay If you’re looking for a region which will provide investment opportunities which are unbeatable, look no further than Hawkes Bay. The region is renowned for its high quality food production, expert processing workforce, international container port and business cost advantages which would enable any potential investor in having a solid base to work from. Due to its location, Hawkes Bay also has multiple distribution channels by sea, road, rail and air.

Compared to the national average of $430,000, Hawke’s Bay’s average house price of $285,000* means that any initial cost outlays for property investors would be substantially lower than most of our main centres. If you are wanting to jump into owning your own business, commercial real estate can be found from as little as $65,000.

Freeze Dried Foods is the largest freeze drying operation in the Southern Hemisphere. Based in the Hawke’s Bay the company exports to many international markets including Australia, the European Union, United States, Japan, Hong Kong and Taiwan. Whakatu Industrial Area is a national hub for processing businesses and logistics. Food processing companies from around New Zealand take advantage of what Whakatu offers including cold stores and processing facilities.

With EIT (Eastern Institute of Technology) being the main tertiary education provider for the region, there is a steady flow of qualified graduates entering the workforce. *Average price as at May 2014, sourced from Real Estate Institute of New Zealand.

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“Due to its location, Hawke’s Bay has multiple distribution channels by sea, road, rail and air.

A busy hire centre

Wairoa 23 Locke Street

WEB ID WRC44943

Kea Hire is a busy hire centre and laundry in Wairoa, northern Hawkes Bay. There is an extensive list of plant and equipment, including marquees. The quality equipment has been regularly maintained. The Manager's accommodation is Included in the business, and is a three bedroom home, on its own title, next to the hire centre. The hire centre has the main showroom, with the office, reception area and the launderette, and there are two storage garages. The business is being offered with both titles, and all plant and equipment. Alternatively, the vendors are willing to negotiate on the land and buildings without the plant and equipment.

$870,000 + GST

Kimberley Bell Mobile 027 355 4464 Office 06 281 5035 kimberley@propertybrokers.co.nz

Earn and live rurally

Tiniroto 2 School Road

WEB ID WRU43002

Thinking it’s time to generate your own income and be your own boss? Picturesque Tiniroto is halfway between Wairoa and Gisborne on the East Coast. It’s a small rural community with a big passion for the outdoors. Hunting and fishing are rewarding pursuits here. The character four bedroom home is attached to the tavern, providing accommodation for the owners and travellers. The Tavern can easily be run by two people and there are lots of options to develop further or run as is. Develop the tourism and accommodation potential and enjoy the lake views everyday. Let yourself relax and enjoy the good life!

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$320,000 + GST (IF ANY)

Kimberley Bell Mobile 027 355 4464 Office 06 281 5035 kimberley@propertybrokers.co.nz

Solid return on investment

Napier CBD 14 Herschell Street

WEB ID NC44523

BY NEGOTIATION

This iconic backpackers is located in Napiers CBD tourist hub and offers the purchaser a long term income with built in growth. It is the sort of investment you will be proud to own.

• 25 year lease until 2035 (initial term) • Regular 2 yearly rent reviews, regular 2 yearly CPI reviews, 6 yearly to market • Net rental circa $84,000 plus GST pa • Freehold title • 60 bed backpackers across 17 rooms • Two kitchen areas, large games/lounge room • 2 bedroom managers apartment • Property well maintained to a high standard Everything stacks up on this property as investment!

Contact agent for details today.

Susan Davis Mobile 027 472 2266 Office 06 834 2975 susan@propertybrokers.co.nz

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Prime position for sale or lease

Napier South 23 Carlyle Street

WEB ID TC43490

BY NEGOTIATION

• 516m2 of land • 80m2 of building • Vacant Possession • Freehold property in a fringe commercial zone • Security fenced on all sides • Tidy air conditioned office and amenities Our Vendor has happily owned & occupied this site for 28 years so it's on the market for the first time.

The property is flexible and adaptable to your business requirements.

Sunny location on a main arterial route to Napier you'll have fantastic exposure to a high traffic flow and be adjacent to a great mix of businesses including Countdown, Dominoes, AA, KFC plus automotive & trade retailers providing many reasons for customers to frequent the area.

Call now to discuss the options. Viewing by appointment only.

Wayne Parsons Mobile 027 376 8778 Office 06 390 4129 waynep@propertybrokers.co.nz

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Rest home land and buildings - for sale

Clive - Hawkes Bay 143 Main Road

WEB ID TC41424

BY NEGOTIATION

• Prime investment property for sale - land and building only • Operating as Voguehaven Rest Home • Built in 1991 • 25 year lease from 1 September 1995 • Licensed for 26 residents • DHB contracts stage 2 facility • In addition there is a four bedroom managers house on the property included in overall price • Spacious well kept grounds with sufficient area for expansion of rest home facility (report available).

• The owner is serious about selling and will consider all reasonable offers Contact sole agent

Les Kennedy Mobile 027 250 0227 Office 06 845 9142 lesk@propertybrokers.co.nz

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Large storage/distribution - Napier CBD

CBD - Napier 9 and 9A Northe Street

WEB ID TC36741

BY NEGOTIATION

• Leasing 1800m2 plus adjoining 400m2 if required. Ideal for storage/distribution centre.

• 400m2 can be leased separately.

• Plus an additional 360m2 on same site.

• 30 + on site car parks • Very tidy premises with several offices and good facilities.

• Highly visible site with good signage opportunities.

• Very secure.

This site is fringe Napier CBD and has plenty to offer a large scale operation.

Call agent for further details.

Les Kennedy Mobile 027 250 0227 Office 06 845 9142 lesk@propertybrokers.co.nz

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Home and flat, double earner!

Start your portfolio here!

$325,000

BUYERS $199,000+

WEB ID TU43890

Hospital Hill, Napier 23 Enfield Road

WEB ID NU38077

Napier South, Napier 2 Georges Drive

This 1910's character home, has a one bedroom self-contained flat with sunroom (possible 2nd bedroom) and large living area. The three bedroom home above has large living areas, large office/sunroom, upgraded kitchen and impressive views out to sea, Havelock North, Hastings and beyond. Live in one and rent the other or rent both.

Get on the ladder of prosperity with this generous three bedroom home with ample living, located in fabulous Napier South. The section is fully fenced offering privacy. Great school zones within walking and biking distance, close to the CBD, Marewa shops and bus stops making it a great buy as an investment into the future. Reap the benefits of a wise buy.

Gross Yield Estimated Weekly Rental

Gross Yield Estimated Weekly Rental

8.23% $510

Grant Hadfield Mobile 027 478 4229 Office 06 281 2941

Alvin Prasad Mobile 021 0256 7082 Office 06 834 4255

Huge potential

8.29% $330 Judy Wood Mobile 021 716 867 Office 06 834 4255

Affordable unit

$235,000

$238,000

WEB ID TU44812

Taradale, Napier 2/70 Meeanee Road

WEB ID TU44020

Taradale, Napier 3/70 Meeanee Road

Are looking for a doer upper, investment or a home for yourself? There's a fantastic opportunity here, especially with the house next door for sale as well, live in one, rent the other.

A 1970's property with three bedrooms and the option of double living spaces, this is bigger than it looks. A project for those with vision. Offers will be seriously considered.

A fantastic opportunity to secure a classic 1970's two bedroom unit in the heart of Taradale. With a sunny backyard, good spaces inside, there are options to improve what's here or just move in and enjoy. As an extra incentive the property comes with a fridge, washing machine, dryer and freezer.

Internal garaging, low maintenance and close to amenities.

Gross Yield Estimated Weekly Rental

Gross Yield Estimated Weekly Rental

5.87% $270

Chris McIntyre Mobile 027 430 4247 Office 06 281 2951

Chris McIntyre Mobile 027 430 4247 Office 06 281 2951

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5.65% $260

Returning up to $53,040 p.a.

WEB ID HU44936

St Leonards, Hastings 1/208 Lascelles Street

This central block of 4x2 bedroom units are a great addition to any portfolio. Each are on their own freehold title with the interior conditions ranging from tidy to extremely tidy. Returning over $1000 per week and up to $53,040 p.a. they will provide excellent cash flow for your retirement fund. Each unit has its own carport with flat 1 also having additional parking at the front. The numbers work, do your sums. With a cumulative GV of $820,000 and that the units are on individual titles provides an option to sell off individually.

Great returns!

Jason Whitaker Mobile 027 682 5999 Office 06 873 8392 jasonw@propertybrokers.co.nz David Scapens Mobile 027 607 7797 Office 06 8738385 david@propertybrokers.co.nz

Fixed term 12 month tenant

BUYERS $120,000+ Flaxmere, Hastings 3 Kilkee Terrace

$620,000

BUYERS $104,000+

WEB ID HU44912

Flaxmere, Hastings 20 Bangor Street

WEB ID HU44194

Standalone and tidy with heatpump and insulated top and bottom, offering potential for fantastic returns. Rented at $240pw (tidy tenant of over 2 years and not missed a beat) but now surplus to requirements. Nothing to do but collect the rent and on a 700m2 freehold section. You do the sums, the numbers work!

This standalone property is certainly tidy with heatpump and the bonus of a good size fully fenced section with excellent offstreet parking. Tenanted at $220pw fixed term until July 2016.

Better than money in the bank! View more photos online.

Jason Whitaker Mobile 027 682 5999 Office 06 873 8392

Jason Whitaker Mobile 027 682 5999 Office 06 873 8392

David Scapens Mobile 027 607 7797 Office 06 8738385

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David Scapens Mobile 027 607 7797 Office 06 8738385

Two incomes on separate titles!

WEB ID HU44879

Flaxmere, Hastings 1 and 2/233 Flaxmere Avenue

Situated on popular Flaxmere Avenue are these three bedroom low maintenance hardiplank homes. The front property is rented at $240pw with attached carport and the rear property at $250pw with a single garage. The rear property was completely rebuilt from the pad up (fire damage approx. 2006). Both have fully fenced sections with room to lift the rents

TENDER

to bring in line with current market rents.

Work out your desired return and submit a Tender.

TENDER closes Thursday 24th Jason Whitaker September, 2015 at 4.00pm, Property Brokers Ltd, 17 Havelock Road, Havelock Mobile 027 682 5999 Office 06 873 8392 North

jasonw@propertybrokers.co.nz

Two incomes on two titles

WEB ID HU44894

Flaxmere 1 and 2/267 Flaxmere Avenue

On separate titles these two 2 bedroom low maintenance standalone properties make a great addition to any portfolio.

With fully fenced sections and the bonus of their own driveways. Currently rented at $220 and $210pw with room to increase and bring in line with current market rents. Work out your desired yield and submit a Tender it's as simple as

TENDER

that!

TENDER closes Thursday 24th Jason Whitaker September, 2015 at 4.00pm, Property Brokers Ltd, 17 Havelock Road, Havelock Mobile 027 682 5999 Office 06 873 8392 North

jasonw@propertybrokers.co.nz

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Ideal investment

Waipukurau 10 Francis Drake Street

WEB ID WU44799

$320,000

Look no further if you are looking for the ideal investment solution or extended family option.

FRONT HOME: A tidy two bedroom home. It features semi open plan living, dining and kitchen plus a freestanding Metro fireplace. A deck runs along the front of the house. Double carport with storage sheds on either side. Currently tenanted returning $200 pw. $115,000 REAR HOME: This property has been relocated to site and the owners have renovated throughout. Features include spacious living and dining room with french doors opening to a deck. Freestanding Metro fireplace. Off the kitchen/dining is a laundry with a second toilet. Three double bedrooms, some with wardrobes.

Beautifully polished floors. Single garage with storage. $205,000 Within an easy walking distance to town facilities. This one should not be missed!

Jane Hamilton Mobile 027 457 8660 Office 06 928 0509 janeh@propertybrokers.co.nz

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Add value here

WEB ID WU41918

Waipukurau 94 Racecourse Road

Originally built in the 1930s, this three bedroom bungalow home needs just a little attention to bring it to life. Having had substantial work done over the years it has some lovely features to work with including: a modern kitchen and combined dining room area heated with a Logaire wood burner plus a separate lounge with a woodburner. The double garage is a bonus too and sits on a family sized, fully fenced 809m2 section. Currently tenanted, with a return of $220/week.

Gross Yield Estimated Weekly Rental

7.59% $220

$159,000

Jane Hamilton Mobile 027 457 8660 Office 06 928 0509 janeh@propertybrokers.co.nz

Home or business?

WEB ID WU44669

Waipukurau 13 Racecourse Road

Consider your options as you enjoy the private surrounds of this extensively modernised and beautifully redecorated three bedroom cottage. Currently run as a business location with two rooms rented for $150.00/week, per room. You can turn this into your own private home, keep it running as a turn-key operation, or use it as your own business location. Good sized kitchen and modern bathroom. A super convenient location close to town. Call now!

Gross Yield Estimated Weekly Rental

15.52% $450

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$145,000

Jane Hamilton Mobile 027 457 8660 Office 06 928 0509 janeh@propertybrokers.co.nz

Invest in Wairarapa Consisting of towns such as Masterton, Carterton, Greytown, Featherston and Martinborough, the Wairarapa region is driven by the meat, dairy, forestry and winemaking industries. The region is well connected to Wellington via State Highway 2 in the south and Manawatu in the north.

There are five commercial districts in the Tararua region which includes Pahiatua, Eketahuna, Norsewood, Woodville and Dannevirke. State Highway 2 is the main route and connects the region with the Wairarapa and Wellington in the south and Hawkes Bay to the north.The primary industry is agriculture where stock produce wool, meat and dairy products of a high calibre.

If you have ever considered investing in the provinces, Wairarapa and Tararua offers an abundance of potential opportunities.

The development of industrial parks and the completion of many subdivisions throughout, boosting the regions housing, are providing the keen investor with multiple reasons to look outside of the main

centres where the initial cash outlays can be a lot higher. The proposed Wairarapa Water Use Project will be another stimulus for the area which will further boost agricultural development.

“If you have ever considered investing in the provinces, Wairarapa and Tararua offers an abundance of potential opportunities” For those that live outside of these regions, superb property management services along with knowledge at a local level by way of solicitors, mortgage brokers, local councils and land agents will aid in the ownership of any investment property.

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“In 2006 I decided to build two houses to rent in Masterton as the land was so much cheaper than Auckland. We then rented those two properties and found that the cash flow was significantly better than Auckland so from there on we bought another property, subdivided it, and built another house on the rear, and rented them both. Again, these proved to be cash positive and tenants were surprisingly easy to find as they seemed to prefer newly built houses or renovated homes. After this we looked for other opportunities to build more rentals.

Presently we have nine rental properties and would recommend the area which has the potential to create cash flow. Also we have noted over the years that some of our best tenants have moved to Masterton because of the train service to Wellington, the weather, and the local amenities. We found local mortgage brokers, land agents, bank managers and solicitors to be very supportive and understanding.

As an example, a capital outlay of approximately $250,000 could gross you around about $335 per week.”

Steve Belcher

Three shops with three tenants

Woodville 80 Vogel Street

WEB ID WOC43109

$156,500

Three shops with three tenants, including a bakery, dairy and clothes shop, with existing leases are now available for sale.

This a great opportunity to secure an investment property located in the popular junction town of Woodville. With street appeal and prominent corner location, these are well situated in the middle of town.

• 6000 cars pass through Woodville daily • All lease agreements available on request • For all further enquiries please feel free to contact Jude.

Jude Coombe Mobile 027 513 1015 Office 06 376 5663 judec@propertybrokers.co.nz

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Jump on to the property ladder

Pahiatua 10 Totara Pl, 3 Wilson St, 90b Fergusson

WEB ID PU44651

New to the market, these three properties are provided in the one package and will set you up with some real return from day one.

$304,000 Gross Yield Estimated Weekly Rental

Situated in the southern Tararua towns of Pahiatua and Woodville, these properties are all well maintained and are returning close to 9% gross yield. Two are currently tenanted, both having occupied their properties for over seven years, while the third recently vacated meaning the property is currently on the rental market.

Our vendor is pursuing other interests and is keen to move these investments on.

With the asking price well below capital value, contact Brent or Jude and make this the easiest move into a rental portfolio that you will ever make.

Brent Woodmass Mobile 027 603 0620 Office 06 376 8486 brent@propertybrokers.co.nz Jude Coombe Mobile 027 513 1015 Office 06 376 5663 judec@propertybrokers.co.nz

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8.47% $515

High yielding investment

Masterton 133 Ngaumutawa Road

WEB ID MC44865

BY NEGOTIATION

Investment opportunity situated on heavy traffic by-pass, 1.5km to town centre.

• Total Land area - 2.5081ha • Building area - 7850m2 • Green fields area - 9850 m2 STS • Clean and tidy building with Industrial zoning • Three heavy vehicle road access points to secure, contamination free site • Lead tenant - CP Wool • 60% occupancy • Net rental better than $105,000 pa • Land Value - $335,000 • Capital Value - $1,385,000 The price guide is $1.3 million, so if this sounds like you give Lawrence a call today.

Lawrence Cheetham Mobile 027 463 4144 Office 06 370 0701 lawrence@propertybrokers.co.nz

37

Superbly located building for sale

Masterton 119-121 Queen Street

WEB ID MC44858

Located on a prime corner site in the heart of the Masterton retail precinct. This building offers ground floor retail space with 2 x 2 bedroom and 2 x 1 bedroom flats on the first floor.

• Zone: Commercial • Floor Area: First floor - 320m2(more or less), Ground floor - 320m2(more or less) • Ground floor lease may be available by negotiation This property offers diversified income to an investor or an opportunity for an owner operator. Building located on leasehold land.

Building only $500,000 - $600,000.

BY NEGOTIATION

Bruce Robinson Mobile 027 666 6000 Office 06 370 0701 bruce@propertybrokers.co.nz

Happy Valley Cycles

Masterton 8 Church Street

WEB ID MC44862

This established cycle retail sales and service business has had two owners since it commenced trading in the 1980's.

Prominently located in central Masterton, Happy Valley Cycles has traded from this location for many years.

Specialising in retail sales and service, with a strong customer focus HVC has an established and growing customer base.

HVC has over 100 cycles on display and include many popular brands, catering for all age groups and interests.

Price indication - $150,000 + GST (if any) 38

BY NEGOTIATION

Bruce Robinson Mobile 027 666 6000 Office 06 370 0701 bruce@propertybrokers.co.nz

Walking distance to Masterton CBD

Masterton 2 Coradine Street

WEB ID MU43914

$169,000

This 1970's 2 bedroom unit has been steadily tenanted but the time has come for the vendor to cash up and move on. Recently repainted throughout, now is the time to grab this ideal investment opportunity.

The unit has previously been rented for $230 per week, offering a gross return on investment of 7%, based on asking price.

If you are looking to take the first step on the property ladder or downsizing, then this unit is certainly one that ticks all the boxes: internal access garaging, open plan living, and a kitchen overlooking the secure back garden bordered by hedges and fencing.

Situated so close to town centre and rail, an ideal location for commuters.

Don't hesitate to view this one!

Donna Dawson Mobile 0800 400 001 Office 06 370 0701 donnad@propertybrokers.co.nz Roger Greenslade Mobile 0800 476 437 Office 06 370 0701 rogerg@propertybrokers.co.nz

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Something special on Somerset

Clareville 6 Somerset Road

WEB ID CL44854

BUYERS $620,000+

If you are a little more interesting than the average person then this is for you. This American-style barn cuts an iconic figure on the edge of the thriving town of Carterton. A stylish home exists inside yet with features and options available here you are only limited by your imagination.

• 1.4 hectares • 4 car implement shed • Currently being used as a private museum • Outstanding Tararua views The options here are endless, you could build your dream home on the land, have a shed for all your toys and use the barn for your very own business venture.

To be pleasantly surprised you need to view today.

Jillayne McGregor Mobile 027 226 5155 Office 06 379 6660 jillaynem@propertybrokers.co.nz

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Make your dream a reality

Carterton 83-87 High Street

WEB ID CU45008

$475,000

Come and build your dream business in the fastest growing town in the North Island.

This grand old lady is steeped in local history, once the town's picture theatre she remains in many memories throughout the town and would lend itself to a wonderful premise for many business opportunities.

If location counts then you can't go wrong here either. Located on the State Highway that runs through the town centre, this property has foot traffic and street visibility in spades.

With 880m2 of floor space, the potential for this property is unbelievable and is only limited by your imagination.

To view, call me today.

Jillayne McGregor Mobile 027 226 5155 Office 06 379 6660 jillaynem@propertybrokers.co.nz

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Escape the city to Greytown!

Greytown 130 Main Street

WEB ID GU43565

BY NEGOTIATION

RV $460,000 Want to get out of the city? Greytown is the Ponsonby and Parnell of Wellington!

Towns don't get much prettier than Greytown - a country village with metropolitan style and beautifully restored Victorian wooden buildings that house stylish and interesting speciality boutiques, chic cafes and restaurants. Close to Martinborough wine village and only an hour from Wellington, with the advantage of an easy commuter train.

- Premier Main Street location - 60m2 prime retail space - Large apartment over two levels - Private paved courtyard at the rear - Single garage This is a great opportunity for either an owner occupier or investor. Call us today to view.

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Amy Bailey Mobile 021 066 8080 Office 06 304 8007 amyb@propertybrokers.co.nz