Wairarapa Property Wed 28th June

For more information on these homes please contact Brad Chittick or see our website: belhamdevelopments.nz

Introducing Lillian Lane

Masterton’s Exclusive New Town House Development

Situated on the rural fringe in sought after Upper Plain, Belham Developments are proud to launch this stunning new development of 7 exclusive homes currently under construction. Rural vistas and mountain views add to the allure of these beautiful homes situated down a peaceful new private lane. Fully landscaped with gardens, lawns and fencing, the 2 to 3 bedroom homes will have custom kitchens by award-winning Workshop Designs, tiled bathrooms and carpeted internal access single garages to ensure easy low maintenance living. Open each Sunday morning 11.00am to 11.45am.

from only $659,000

Greytown 127 Bidwills Cutting Road

Lifestyle living at its best

Nestled amidst idyllic farmland, this captivating bungalow presents a stunning setting on the outskirts of Greytown. Relocated in the 90s, this home underwent significant renovations, including re-piling, re-roofing, and re-plumbing. The open-plan living areas with soaring ceilings exude a sense of space and charm, and the modernised kitchen seamlessly connects to the dining and living area. Escape to the expansive master bedroom, which features a walk-in robe and ensuite. The remaining two generous bedrooms offer ample space, built-in robes and share the convenience of a spacious family bathroom, equipped with both a shower and a separate bath. Insulation, two wood burners, an HRV system, and two heat pumps provide a pleasant and cosy atmosphere no matter the season. Expand your living space and enjoy year-round alfresco entertaining on the covered deck, extending the indoor to the outdoors. This property offers ample storage solutions including a double carport, double garage, workshop, and versatile hobbies or rumpus room. Garden sheds, a chicken coop, raised vegetable gardens, and an abundance of fruit and citrus trees complete this amazing package.

3 2 1 2 2

Tender closes 2.00pm, Wed 26th Jul, 2023, Property Brokers

Limited, 2-12 Hastwell Street, Greytown

View Sun 2 Jul 1.30 - 2.00pm Web pb.co.nz/GL115906

Dave Stephenson

M 022 097 0143 P 06 390 0002

E daves@pb.co.nz

Jennah Rasmussen

M 022 406 7121 P 06 304 8007

E jennah@pb.co.nz

Dave & Jennah

Tender

Greytown 595 Wards Line

Timeless Charm

This enchanting 1920’s bungalow is nestled amongst established trees and resides in the coveted golden triangle, placing Greytown, Martinborough, and Featherston right at your doorstep.Step inside to discover an open plan kitchen and dining area adorned with native wood panelling and character accents. The spacious lounge, featuring a woodburner for cozy evenings, boasts new wool carpets, soaring ceilings, and French doors that open up to the front verandah. The spacious three double bedrooms are serviced by the family bathroom and separate toilet. With a separate laundry, mud room, powered garage, double carport and multiple garden sheds all your needs are catered for and with a touch of creativity and a trusty toolbox, your hard work can yield substantial rewards here. The outdoor area is equally impressive, showcasing a vast array of fruit trees, vegetable gardens, multiple chicken hutches and three fenced sections, perfect for accommodating stock. Properties like this are rare, and this particular one boasts unparalleled potential. Get in touch today.

Tender closes 2.00pm, Wed 19th Jul, 2023, Property Brokers

Limited, 2-12 Hastwell Street, Greytown

View Sun 2 Jul 2.15 - 2.45pm

Web pb.co.nz/GL163713

Dave Stephenson

M 022 097 0143 P 06 390 0002

E daves@pb.co.nz

Jennah Rasmussen

M 022 406 7121 P 06 304 8007

E jennah@pb.co.nz

Dave & Jennah

Tender

Listing and selling Wairarapa wide

IDEAL FOR TRADESMAN WITH LOTS OF GARAGING - JUST LIKE NEW $549,000

The owner has now secured his new place & reduced the price of his much loved lower maintenance home. Refurbished - new bathroom - new carpets throughout - newly painted inside & out - warmed by a wood burner. Two garages - modern three bay & older with workshop area. Sits on a smaller well fenced section & situated at the end of a quiet street with rural backdrop. Inspect anytime - open home Sunday 2 - 2.30pm @ 27 Moore Cres Carterton

Boundary lines are indicative only

Martinborough Lake Ferry Road

Elite views and potential near Martinborough

This unique opportunity has resource consent to be subdivided further into 8 lifestyle properties within this 96 hectares in South Wairarapa. Each site showcases breathtaking views of the Lake Wairarapa and Tararua Ranges. The area has a warm and summer-dry climate hence the development of the vibrant wine village of Martinborough. For those who enjoy the outdoors, you are a short drive from the rugged South Wairarapa coast. With pending district plan changes, opportunities to develop such exclusive lifestyle properties will become non-existent. This property is ideal for investors anticipating high demand due to future scarcity, or those yearning to build a private home with unrivalled views and farm this small hill country farm. Take the opportunity to either extrapolate value as a development or own and create a wonderful home.

bayleys.co.nz/3151168

bayleys.co.nz

96 ha

Tender (unless sold prior)

Closing 2pm, Tue 25 Jul 2023

186 Chapel Street, Masterton

View by appointment

Andrew Smith 027 760 8208

Simon Clinton-Baker 021 953 909

Lindsay Watts 027 246 2542

EASTERN REALTY (WAIRARAPA) LTD, BAYLEYS,LICENSED UNDER THE REA ACT 2008

Sections within the highly sought after Cashmere Oaks are available now, ranging in size from 670sqm-1,375sqm, providing the discerning purchaser multiple options to create their dream home.

The stunning Cashmere Oaks development is further enhanced by the sophisticated streetlamps, lawn edged footpaths and wide-open avenues leading to quiet cul de sacs. A peaceful and safe environment for all age groups to enjoy.

Located just 1km north of the Lansdowne Shopping Centre and very close to the Masterton CBD. All services are provided, including power, sewerage, water and fibre. Titles are available. Plan your new build now!

New Listing Mortgagee Auction (no

prior sale)

MASTERTON447 Te Whiti Road

Mortgagee Sale!

This exceptional property, situated on 4 hectares just minutes from Masterton town centre, is a must have for the discerning individual who seeks nothing but the finest. Built by M.B.Brown in the early 2000's, this substantial property has so much to offer, including an inground pool, tennis court, separate cottage and multiple sheds. With its idyllic location, views and unrivalled charm, this extraordinary country estate stands truly incomparable and great for families being close to Gladstone school and other amenities. The home itself has five generous sized bedrooms, three bathrooms and multiple living options. A well presented family lifestyle with well fenced paddocks for grazing stock or horses, established gardens and grounds and great outdoor entertaining options. Call Bevan or Anna today for more information.

Price: Mortgagee Auction: 2pm Tuesday

25 July 2023 at Tremains, 122 Queen St, Masterton (no prior sale)

View: By appointment Web ID: M25808

Bevan Saywell

M 027 667 0944

E bevan.saywell@tremains.co.nz

Anna Keen

M 027 388 6735

E anna.keen@tremains.co.nz

New Listing Deadline Sale (unless sold prior)

CARTERTON20 Carrington Drive

Quality, Views and Location

Located in a highly sought-after neighbourhood, this stunning property has everything you have been looking for. The heart of the home is its expansive open plan chef's kitchen, featuring a sizeable island bench. Ideal for entertaining guests or enjoying cozy evenings, the kitchen seamlessly flows into the dining and living areas, complemented by a woodfire. Enhancing the versatility of family living, a separate formal lounge, four bedrooms, the master features an ensuite with a tiled wet floor shower and his-and-hers walk-in wardrobes. The spacious family bathroom comprises a bath and shower, accompanied by a separate toilet and vanity area. This tastefully decorated home boasts full insulation, double-glazing, free-standing log burner, and ducted air-conditioning throughout. Complete with a double internal access garage.

Price: Deadline offers on 27th July 2023 at 2:00pm at Tremains, Masterton (unless sold prior)

View: Sun 2nd 12:45pm-1:15pm Web ID: M25794

Bevan Saywell

M 027 667 0944

E bevan.saywell@tremains.co.nz

Anna Keen

M 027 388 6735

E anna.keen@tremains.co.nz

New Listing - BEO $630,000

CARTERTON1/20 Ballinger Place

Plug and Play Investment

New to the market is a fantastic ready-to-go investment property. With a tenant locked in until the end of this year at a good market rent, this is a great opportunity to start or grow your investment portfolio. Set in popular inner-town Carterton, this townhouse suits commuters, people/tenants looking for an easy-care low maintenance lifestyle. Future development planned in the Council's 10 year plan, will link Ballinger Place to Carterton's High Street through laneways, retail, cafes, and the like, will make these near new townhouses even more attractive over time. The layout of the two storey townhouse is well thought out, maximising every square metre making it feel very spacious and light. Upstairs there are two good sized bedrooms and main bathroom. Downstairs is an open plan kitchen and living area that flows outside.

Price: Buyer Enquiry Over $630,000 View: By appointment Web ID: G25691

tremains.co.nz

Buyer Enquiry Over $150,000

MASTERTON442 Black Rock Road

Tiny but Sufficient BEO $150,000

Introducing an affordable, efficient, eco-friendly, and minimalistic tiny home that captivates with its cosy charm. Combining colour steel and cedar, this home is a testament to comfortable living in a compact space. Built on sturdy 90mm frames, this home offers a solid foundation for its exquisite design. The meticulously crafted interior creates a warm and inviting ambience, seamlessly blending style and functionality. Insulated walls and ceilings with R2.7 batts ensure optimal temperature control, while 60mm underfloor insulation guarantees year-round comfort. Doubleglazed aluminum windows bathe the interior in natural light, fostering a serene atmosphere. Call Bevan or Anna today to view.

Price: Buyer Enquiry Over $150,000

View: By appointment Web ID: M25788

Final Notice Deadline Sale (unless sold prior)

MASTERTON76A Cornwall Street

An Exquisite Exemplar of Modern Living

This home boasts soaring cathedral-like ceilings that create a sense of grandeur and openness. The living seamlessly extends onto an outdoor patio, reminiscent of a luxurious lodge, complete with built-in brick fireplace and oven. Additionally, a separate living area adds versatility to be transformed into a cosy space for intimate conversations, a home theatre, or a quiet reading corner. The open plan kitchen and dining area is a culinary enthusiast's dream come true and with ample bench space, the kitchen provides the perfect platform for creating masterpieces. Designed with family in mind, the bedrooms are all spacious and bright with great wardrobe space and the master which features a walk-in-wardrobe and ensuite with elegant finished. Excellent schools in the area and close to town, this home is perfect for all. Call today.

Price: Deadline offers on 6th July 2023 at 2:00pm at Tremains, Masterton (unless sold prior)

View: Sun 2nd 12:30pm-1pm

Web ID: M25728

2

1

Bevan Saywell

M 027 667 0944

E bevan.saywell@tremains.co.nz

Anna Keen M 027 388 6735

E anna.keen@tremains.co.nz

2 2 4

Bevan Saywell

M 027 667 0944

E bevan.saywell@tremains.co.nz

Anna Keen M 027 388 6735

E anna.keen@tremains.co.nz

Deadline Sale (unless sold prior)

CARTERTON45B

Costley Street

Modern Easy Care Carterton Convenience

The moment you enter 45B Costley Street, you'll be greeted by an ideal open-plan layout, seamlessly connecting the living, dining, and kitchen areas. The spacious kitchen is modern and features a multi-functional centre piece island for preparing food and socialising. This expansive design allows for effortless indoor-outdoor flow through to the conveniently covered outdoor living area and creates a welcoming atmosphere, perfect for both family living and entertaining. The home boasts four thoughtfully designed bedrooms, offering ample space and storage and is complimented by a luxurious tiled family bathroom. The primary bedroom features its own tiled en-suite, walk-in wardrobe and sliding doors out to the private covered outdoor area. Sustainability is a priority in this excellent property.

Deadline Sale (unless sold prior)

GREYTOWN32

Westwood

A Smart Move into Westwood

Avenue

Sleek, stylish and simply irresistible, this executive home delivers the ultimate fusion between designer elegance and contemporary comfort in a top Westwood location. The elegant open plan kitchen, dining and living area is truly the heart of this special home. Features include a large stone breakfast bar, quality appliances including a steam oven and separate wall oven, continuous boiling hot water tap and a large walk-in scullery. The indoor/outdoor flow is effortless out to a large deck and a covered private courtyard with drop down blinds and heaters - an ideal spot for barbecuing or to soak in the sun and serenity. Tastefully decorated in soft neutral tones, this lovely property boasts three double bedrooms, all with great storage, including a master with walk-in wardrobe and a gorgeous ensuite.

Price: Deadline Offers on 13 July 2023 at 2.00pm Tremains, Greytown (unless sold prior)

View: Sun 2nd 12:15pm-12:45pm Web ID: G25771

4

Jaime Slater AREINZ

M 027 445 2463

D 0800 33 22 66

2

2

E jaime.slater@tremains.co.nz

Zoe Dodd

M 027 314 8172

E zoe.dodd@tremains.co.nz

Price: Deadline Offers on 5 July 2023 at 2.00pm Tremains, Greytown (unless sold prior)

View: Sun 2nd 1pm-1:30pm Web ID: G25765

Jaime Slater AREINZ

M 027 445 2463

D 0800 33 22 66

E jaime.slater@tremains.co.nz

Zoe Dodd

M 027 314 8172

E zoe.dodd@tremains.co.nz

CARTERTON 8C Kupe Drive

2 1 2

Sure to Appeal

Positioned in a quiet neighbourhood and seeking buyers from high $300,000; Retirees, investors, first home buyers or downsizing this is your opportunity to purchase a permanent material, low maintenance property - a short distance from the train station, supermarket, cafes and retail services of popular Carterton.

The attractive 1990s home features two double bedrooms with built in wardrobes, modern bathroom and separate laundry. The contemporary kitchen flows to open plan dining and living with a wood burner providing cosy winter comfort.

Positioned on a tidy, easy care, fully fenced section, featuring shrubs, gardens, a manageable vegetable garden and a double garage with power, this property will appeal to many and is perfect for commuters or lock and leave.

DEADLINE SALE: Closes Wednesday 5 July 2023 at 2:00pm, NZSIR Masterton Office (unless sold prior)

VIEW: nzsothebysrealty.com/MST01177

Open Home: 11:30 a.m. - 12:00 p.m. Sunday 2 July 2023 or view by appointment

CONNIE STEWART AREINZ:M +64 27 697 5058

connie.stewart@nzsir.com

NAVIGATING A CHANGING REAL ESTATE LANDSCAPE

BY ROB SLATER

Half way through 2023 and the real estate market is poised for change. Media are reporting we are at the bottom of the market, indicators hint at a positive market shift.

As we approach the middle of 2023, the New Zealand real estate market finds itself at a point of flux. Many media outlets suggest that the market’s decline is slowing down and positive growth is imminent. Amidst these mixed signals, there are indicators pointing towards a potential shift in the market dynamics.

According to the latest report from REINZ for May, median prices continued to decrease, albeit at a slower rate. Nationally, there was an 8% year-on-year decrease, remaining relatively level compared to the previous month. Although this suggests that the market has not yet hit rock bottom, it also implies that the decline is decelerating. In terms of property sales, the figures for June were comparable to the same period last year, but there was an increase of 30% nationally when compared to April. However, when considering REINZ’s seasonal adjustment calculation, the numbers show a slight decline of -3% compared to April and -4.8% year-on-year.

The market has experienced low sales volumes for approximately two years, leading to a latent demand for housing. Many potential buyers have been delaying their purchasing decisions, and this pent-up demand is expected to surface gradually over the coming months. This shift may become more apparent after the upcoming election and potential interest rate reductions.

The outcome of the election will likely have an impact on the real estate market with current activity suggesting a wait and see approach. If a National-led government wins, the policies they

have promised, in particular, the restoration of interest expense deductibility, would provide additional incentives for investors to participate in the market. The speed of change and the extent of its influence will, of course, depend on which party is elected and the policies implemented by that government.

Factors influencing a change in the real estate market include net migration. The current positive net migration directly translates into a greater need for housing. Also, much has been written about interest rate increases which are another key factor. Again, most commentators suggest we are at or nearing the high point of these rates but drops in rates are likely to be gradual rather than sharp leaving larger mortgage payments a reality for many for some time to come. High inflation is also showing signs of reducing but certainly continues to be a key factor in affordability.

Predicting the future of the real estate market in the post-COVID world remains speculative. Indicatively however, we are seeing very positive results for our clients in many regions, notably Hawke’s Bay, Central Otago and positivity coming back to the market in Auckland. Historically Auckland leads real estate trends nationally and this is a positive sign for the market.

Real estate sold by real experts.