Signs of property shortage – money – business | Stuff.co.nz.
Many of the key indicators for the NZ residential property market are now trending towards the “Buy” signal. As investors the 80/20 rule still generally applies – 80% of the returns are in 20% of the areas/properties. And history tells us the importance of thorough due diligence. If you are considering investing in the NZ property market then check out my website http://www.nzpbi.co.nz which has latest information, news etc on the economy together with a range of useful on-line resources & links about the NZ property market. There is also a sample of current investment opportunities but, if you are interested in investing, please contact me at peter@virtualmarketing.co.nz and express your interest.
Germans spend $33m on Southland farm | The National Business Review.
Contact me http://www.nzpbi.co.nz if you are interested in New Zealand property investment, including farm equity opportunities.
“There are signs that housing turnover is strengthening, which usually precludes a pick-up in house prices and consumer spending. We’re not convinced we’ll see prices move far anytime soon but the volume boost is welcome. We’re paying close attention to section sales as they lead building consents, and section sales have risen to their highest in nearly a year. It’s a key barometer to watch to see if this momentum is sustained over the coming months. While the recovery is from low levels and characterised by regional differences, the housing market is moving in the right direction. A similar recovery is underway in the rural property market.” Read this and other articles related to the New Zealand property market here http://www.nzpbi.co.nz/welcome-to-your-nz-property-investment-resource You can also find useful resources about the NZ property market, and some investment opportunities, on this site.
This reputable bank report is consistent with other recent positive news (including the BNZ Real Estate Overview) about the prospects of New Zealand and the NZ property market.
New Zealand property prices expected to increase (BNZ)
“the underlying drift in real estate activity and prices is upward as the labour market improves and awareness of a worsening housing shortage increases…Our expectation is that prices on average will move higher over the next two to three years driven in large part by a strengthening labour market and inability of rising construction to make much dent in a housing shortage we now estimate to be approaching 45,000 units.” (BNZ Real Estate Overview June 2011) Read this and other articles about the New Zealand property market here http://www.nzpbi.co.nz/welcome-to-your-nz-property-investment-resource
Homes getting more affordable – money – business | Stuff.co.nz. Contact me if interested in New Zealand investment property, including commercial and farm equity opportunities.
23% Projected IRR – NZ Development Opportunity – Retirement Village Partially Complete , NZ$4.5M approx
The subject property comprises a partially complete Retirement Village in Stoke, Nelson – a highly desirable South island (New Zealand) city sought after by retirees and ‘baby-boomers’. The village “as is” comprises the completed community centre and a total of 12 residential villas having been constructed, 10 of which are complete with the remaining two currently being fitted out internally. The villas are of a high quality construction and finishing, with above average linings and amenity, however some specifications of the newly built villas differ from the original villas, for example the roofing.
Resource Consent has been granted for a 219 unit Retirement Village, including 77 apartments, with the development of these units having been split into seven stages. All the units built thus far are contained within Stage One, and the hard earthworks, being sewerage and drainage, have been completed over the entire site.
The investor will be required to initially commit approx NZ$4.5M although the final arrangement may vary depending on finance and construction time-frames. Projected IRR of 23% over the estimated 79 months of the project. Full valuation and other supporting information is available. Serious investors will be invited to conduct your own due diligence as required.
This opportunity is only available for a limited time-frame due to pressure from the financier. As such, expressions of interest are invited.
Resources » New Zealand Property Based Investments
Resources » New Zealand Property Based Investments. For those considering investing in NEW ZEALAND, this link has links to a range of great sites relevant to NZ property. Good research resource.
Current Opportunities » New Zealand Property Based Investments.
New Zealand is a great place to invest. Politically stable, low corruption, and strong economy based primarily on exports of soft commodities – dairy and meat. NZ is also a popular tourist destination and the home of MIDDLE EARTH! But seriously, with RUGBY WORLD CUP 2011 happening here in September, and commercial and residential prices now having bottomed out and increasing in strategic areas, it looks good for property investors. Opportunities available for cash-flow residential, commercial, commercial syndication and equity in rural properties/farms. Contact me if you are seeking something specific as I have strong local networks.
New Zealand Property Investment Network | LinkedIn
New Zealand Property Investment Network | LinkedIn. Check out and join this Linkedin group if you are interested in news, discussion and opportunities re NEW ZEALAND investment property.
New Zealand Property & Business 