The Black Book Issue 81 - Current to 7 Sep 2023

WELCOME TO THE BLACK BOOK

Welcome to this edition of the Blackbook!

With Spring tantalisingly in sight (two sunny days in a row in Auckland !) the tentative increase in real estate activity has become sustained with solid sales reported in the last fortnight, highlighted by the spectacular, a $10,000,000 unconditional sale and a $6,800,000 sale in Kohimarama sold at auction by our team

With a second neutral OCR announcement the lending market is now highly competitive with a renewed willingness to "get the deal done " helped with an easing of overzealous financial stress testing.

With inbound migration at record levels and employment buoyant the only constraint we see in the market is supply

Our team are busy working with our sellers offering advice on presentation, sorting potential LIM and Title issues, cleaning up out of date information about the property online, booking staging, photography etc to ensure our vendors are the best prepared to maximise the value of their asset in the weeks ahead.

Please feel free to contact any of our team for no obligation advice on this most important aspect of any campaign, preparation !

Enjoy this wonderful selection of fine properties

Selling Principal Heather Walton 021 432 167

heather.walton@raywhite.com

Director

Mark Bycroft 021 968 946

mark.bycroft@raywhite.com

Sales Director Nick Lyus 021 998 004 nick.lyus@raywhite.com

Manager Jeff Tubman 0274 558 717 jeff.tubman@raywhite.com

Black Group Property Management

Mac Bycroft 021 223 6893 mac.bycroft@raywhite.com

Ray White Epsom Ray White Matakana & Omaha

Black Group Realty Ltd.

The Black Book is subject to copyright in its entirety and the contents may not be reproduced in any form, either in whole or in part, without written permission. Opinions expressed in The Black Book are those of the contributors and not necessarily those of Black Group Realty Ltd or Ray White Epsom. No responsibility is accepted for unsolicited material

Contemporary Meets Classic 25 BELMONT TERRACE

PROPERTY FEATURE

Spacious and mighty, this villa packs a whole bunch into its delightfully designed layout. For lovers of classic design and seekers of sophisticated modern style, this three-beddy will be a hit. And, did we mention the wine cellar?

The freehold, turn-of-the-century home has been re-modelled to absolute contemporary perfection: opening up the space to ensure bright and easy living.

With the seasons turning to bring us more sunshine-filled days, the outdoor entertaining area will be put to great use! The elevated, glass-framed deck is your gateway to becoming a hosting superstar, while the pretty, manicured garden is a joy.

It's highlights, in detail

The master bedroom upstairs, with en-suite and walk-in wardrobe, opens up to the north-facing porch, the perfect spot to enjoy a coffee before the morning rush

Two bedrooms downstairs share a family bathroom, and are great for kids, guests or as a work-fromhome space

The fully open-plan living, dining and kitchen area also hosts a cute breakfast nook spot, which opens up to the deck

A full renovation that keeps heritage features at the forefront, but maintains a modern and classy feel

Heather & Mark

With over 60 years of combined property mastery, this dynamic pair is your ticket to transforming real estate dreams into tangible success. But there’s more to this story. Imagine “Selling Sunset” infused with Kiwi charm. Heather and Mark infuse luxury real estate with an approachable twist. They’re not only champions of high-end homes but also masters in the realm of luxury vehicles – talk about versatility!

Their secret? A blend of experience and passion. Heather’s attention to detail pairs seamlessly with Mark’s negotiation prowess. Together, they’re an unstoppable force that ensures excellence in every transaction.

Yet, their brilliance extends further – their expansive network sets them apart. Industry connections branch wide and deep, from real estate moguls to influencers in various sectors. Heather and Mark’s reach is unparalleled. If you adore beach vibes and sandy strolls, you’re in for a treat. Beyond real estate, Heather and Mark are beachcombers, understanding the allure of coastal living. Whether promises, Heather and Mark are the genuine article. Selling Sunset Kiwi Style is more than words; it’s settle for ordinary? Contact Heather and Mark today. Let this ultimate real estate power couple turn beach walk at a time.

Q +A

NICK LYUS

Million Dollar questions how’s the market at the moment?

Sellers with desirable properties are benefiting from selling in isolation. Our clearance rate is 75% under the hammer.

Why wait for competition

Have you always worked in real estate? If not, what other interesting jobs have you had?

My most interesting jobs have been working in New York City for a TV production company and when I was 18 working in Hamleys - Europe's biggest Toy Store!

In your view, how important is the role of digital marketing in today's real estate landscape?

Digital marketing is vital. But it has to be paired with great photos and a overarching strategy.

Tell us something your colleagues don't know about you?

This year my son George and I became qualifed scuba divers - I love adventure.

What made you want to start a career in real estate?

Growing up in London my father was a builder so I always helped him buy and renovate houses. It's in my blood.

Imagine you’re talking to agents who just received their real estate licenses. What’s one piece of advice you’d give?

Decide on a georgaphic area and become an area expert.

Let’s talk marketing. How do you differentiate yourself from the competition?

Its all about creating epxeriences! Whether thats throwing a champange reception for all the hot buyers or having a coffee cart at onsite auctions. My team and I always strive to fully engage our clients.

Tell us about the most memorable property you've ever dealt with.

I recently sold my best friends father's property. The sale was relatively straightforward but helping all the parties through the journey and ensuring the smooth tranistion was key. It really highlighted to me that delivering good service is so much more than just a price.

How do you stay motivated during times of uncertainty in the market?

I have been selling in Auckland for 16 years. So now I can see the bigger picture. There is always opportunity, you just have to know where to look. Also surround yourself with good people that will hold you to account.

What’s one property trend you see emerging in the next five years?

Friends buying with friends. Instead of a flatshare you will see lots of houseshares.

How do you build trust with your clients?

The key is to really take the time to understand the clients needs. Also remembering that the clients best interest might be different to your best interest and thats okay.

If you could go back in time, what advice would you give yourself?

For many years I did not think I was good enough and I was quite lost personally. Rediscovering my true authentic self has improved all areas of my life.

Should house-sellers be holding off until

One agent says she's been instructed to make a property listing go live as soon as voting closes.

Vendors who plan to sit on their hands until after the general election may be wasting their time, with property analysts telling OneRoof that poll results in the past have had little impact on the housing market.

Colliers associate director of research Ian Little said there would have to be a real divergence on policy directly affecting the housing market for October’s election to make a difference.

National is signalling it will reinstate the interest deductibility rules and reduce the Brightline test from five to two years, but even these policies will only really impact investors or people selling investment-type properties, Little said.

“It may be that they will sit on their hands until the election and if indeed they see those rules get rolled back then you might get an uplift in activity in investors here.”

However, there’s no indication that any of the policies announced so far will make any difference to owner-occupiers, Little said, although he did add: “If you were thinking about additional competition coming from investors should there be that change of government then you might want to make your move now when investors aren’t so active.”

Ray White agent Ross Hawkins said people thinking of should do it now because the current stock shortage buyers don’t have much choice.

Whereas after the election he expects listings to rise coincides with the traditional spring lift and will be exasperated by those people taking a wait-and-see approach.

“The people that sit and wait – they are going to be part masses that all list at the same time and then our buyers to have all this choice, whereas between now and that your property because you’ve got so many eyes on it because there’s not much else available. So, you are mad not to before the rush.”

And while listings will increase, he doesn’t expect a sudden surge in buyers in the same way.

“It’s not suddenly changing the interest rates; it’s not suddenly open the world to overseas buyers. There will that happen over time, but it’s not going to be a silver suddenly it all changes after the election.”

Nikki Preston 23 Aug 2023

until after election day?

closes. of selling meant because it exasperated part of the buyers are going that time list because to do it now going to will be things bullet that

Mark your diary.

*Auctions correct at time of publishing. Auctions can be sold prior. Please check property details online or contact the agent to confirm auction detials are correct

7/09

3:00 pm, Thur 7 September

13/09

IN ROOMS 2/09

3:00 pm

8 Titoki Close

Matakana

Clendon Park

14/09

1:00 pm, Wed 13 September

11 Ngaru Way

14/09

12:00 pm, Thur 14 September

17 Fernwood Place

Wai O Taiki Bay

4:00 pm, Thur 14 September

3H/16 Chapman Street

Grey Lynn

3:00 pm, Wed 20 September

753 South Titirangi Road

Titirangi 5:00 pm, Wed 20 September

38 Grande Ave Mt Albert 4:00 pm, Thur 21 September

8A/182 Federal Street Auckland

1/452 Remuera Road Remuera

1:00 pm, Wed 20 September 20/09 20/09 20/09 21/09

THE BLACK BOOK. 21

WANT TO SEE YOUR ONLY

Heather Walton +64 21 432 167

Andrew Milne +64 21 252 3104

Ross Hawkins +64 27 472 0577

Richard Thode +64 21 336 002

Nick Lyus +64 21 998 004

Zou

Kristy Chen +64 20 4149 0233

Kitua Maro +64 275 725 822

Ken Choong

Janice Hamilton-Cox +64 27

Brad Smith +64 21 243 7438

Chelsea Lopez +64 21 206 5284

Charlotte Inglis +64 21 306 898

Carrie Goodgame +64 27 227 7404

Caleb Rufer +64 21 0258 3304

Yvette Brenan +64

FRENCH MARTINI

Makes two cocktails

Martini’s are a classic cocktail that evoke the feeling of sitting by the bar, feeling all types of James Bond. This French Martini recipe is light, fruity, and refreshing, the perfect twist on a classic. Made with fresh pineapple juice and black raspberry liqueur. Add this to your repertoire for an evening with friends, or a refreshing tipple on a warm afternoon

INGREDIENTS

120ml premium vodka

160ml fresh pineapple juice

40ml Chambord liqueur

Splash of champagne

Small pinch of fine grain sea salt

Ice

Garnish

Fresh raspberries

Cocktail stick

METHOD

1. Chill two martini or highball glasses.

2. Make your garnish by threading 2-3 fresh raspberries onto a stick.

3. Fill a cocktail shaker with ice until it’s about ½ full.

4. Pour the vodka, fresh pineapple juice and Chambord liqueur to the shaker, and sprinkle over the salt.

5. Shake vigorously for 5-10 seconds, you want to get the mixture to a frothy consistency.

6. Pour into a chilled martini or highball glass, top with a splash of champagne and garnish with your fresh raspberries.

C'estparfait

August Sold

Record breaking salethisyear

BED

BATH / 5

PARKING / 4

$1,450,000

BED / 3

BATH / 2

PARKING / 1

BED / 2

BATH / 2

PARKING / 3

BED / 3

BATH / 2

PARKING / 2

$1,050,000

BED / 4

BATH / 2

PARKING / 2

BED / 2

BATH / 1

PARKING / 3

MAINSTONE ROAD, REMUERA

132B ST STEPHENS AVENUE, PARNELL

1/14 CORNWALL PARK AVENUE, EPSOM $1,080,000

258 LOBURN KOWAI ROAD, LOBURN

7 GILLETTA ROAD, MOUNT ROSKILL $1,390,000

/ 5

362 KOHIMARAMA ROAD, KOHIMARAMA $6,800,000

SOLD BY KRISTY CHEN ROSS HAWKINS

inthebays!

38 SPENCER STREET, REMUERA $1,495,000

34 PANORAMA ROAD, MT WELLINGTON

18A RAILWAY STREET, PARNELL $5,750,000

EPSOM & MATAKANA

Out About &

BGR ANNUAL AWARDS 2023

The evening spotlight was on our devoted real estate team rather than opulent properties. Our Annual Awards Night was a genuine gathering, highlighting both emerging talents and our trusted veterans. Together, we celebrated achievements, shared stories, and looked to the future. We're deeply proud of our team and the work we do. Here’s to helping more families find their dream homes and to many more years of success.

AWARD WINNERS

Top Auction Lister

Richard Thode

Community Award

Nick Lyus & Nicki Lambert

Outstanding Contirbution

Tina Ramezani

Most Creative Marketing

Linh Yee

Most Unique Property Sale

Ross Hawkins & Richard Bull

Highest Sale Under the Hammer

Ross Hawkins & Caleb Rufer

Rising Star

Media Award (Realestate.co.nz)

Richard Thode

Heather Walton

No.3 Salesperson

Linh Yee

No.2 Salesperson

Ross Hawkins

No.1 Salesperson

Richard Thode

Mark Roberts

Customer Satisfaction (Sixtus)

Ross Hawkins

Richard Thode

Kristy Chen

TradeMe Media Award

Richard Thode

Highest VPA in a Single Campaign (OneRoof)

Ross Hawkins

NEW ON THE MARKET

SET DATE OF SALE

4 Kerrera Lane,Jacks Point

Escape to a haven of unparalleled beauty and exquisite craftsmanship with this stunning cedar twin pavilion style house nestled within the breathtaking backdrop of the Queenstown landscape.

• 225sqm approx 3 bedroom home

• 717sqm freehold landscaped land

• 2 bathrooms plus powder room

• Master with ensuite and walkinrobe

• Open plan living plus media room

• Double internal garage plus off street

• Double glazed gas fire and heat pumps

rwmatakana.co.nz/MKA30322 Black

Set Date of Sale

Wednesday, 27th

September

(Unless Sold Prior)

View As advertised online

WHY WAIT?

Heather Walton 021 432 167

heather.walton@raywhite.com

AU CTION

FOLLOW US ON SOCIAL MEDIA TO KEEP UP TO DATE WITH THE LATEST LISTINGS, MARKET REPORTS, EVENTS AND MORE.

AUCKLAND CENTRAL

SAY HELLO.

ROSS HAWKINS' WEBSITE IS NOW UP AND RUNNING hawkinsproperty .co.nz

THE ULTIMATE DESTINATION FOR ALL YOUR PROPERTY DREAMS!

AUCKLAND CBD

Modern Mortgage Brokering. Old School Service.

Sixtus can often negotiate better interest rates than going through a bank directly. Generally at no charge, we can provide tailored advice to meet your goals and deliver successful outcomes.

We specialise in:

Pre-approvals

Refinancing

Buying your first home

Buying investment properties

Providing a second opinion on your current rates

Dylan Thomas Director & Financial Adviser