News

New Zealand mansion rented by Hollywood action man Jason Statham up for sale for $20 million

New Zealand mansion rented by Hollywood action man Jason Statham up for sale for $20 million

A $20 million Auckland harbourside house that Hollywood actor Jason Statham rented while filming a movie in New Zealand, is for sale.

Statham, well-known for a string of hit action flicks including The Transporter, Fast 8, Furious…

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Renter who took curtains, door-stop, smoke alarm ordered to pay $2250

Renter who took curtains, door-stop, smoke alarm ordered to pay $2250

A Palmerston North renter who stole curtains, shower curtains, a smoke alarm, 10 light bulbs, a door stop and oven trays has been ordered to pay $2250.

Klo've O'Brien-Vernon was also penalised for leaving some of her possessions…

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Tenants awarded $2000 for ants, a broken oven, electrical faults

Tenants awarded $2000 for ants, a broken oven, electrical faults

Christchurch renters who had to live with an ant infestation, a broken oven, electrical faults and a defective heat pump over the bite of winter have been awarded more than $2000.

A Tenancy Tribunal ruled that Rentworks Property…

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Sir John Key's house finally sold for $23.5m after two-year settlement

Sir John Key's house finally sold for $23.5m after two-year settlement

The Parnell home of ex-Prime Minister Sir John Key and wife Bronagh has finally gone through from $23.5 million, after a two-year settlement.

Owner status on the title to 103 St Stephens Ave has transferred from two men who were…

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Property developers fined $123k for breaking overseas investment rules

Property developers fined $123k for breaking overseas investment rules

The owners of a Birkenhead property have been fined $123,000 for failing to get consent from the Overseas Investment Office.

The High Court at Auckland has ordered FFG Investments and Grand Sky to pay the penalty, and $10,000 in…

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Tiny house company fails leaving buyers with partly-built homes

Tiny house company fails leaving buyers with partly-built homes

A West Auckland tiny house building business has gone under, owning debts to numerous creditors and leaving homes unfinished.

Shareholders of Thermasol appointed John Gilbert of Strategic the liquidator of the business, only formed…

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Waiheke Island marina re-hearing denied, Kennedy Point project to proceed

Waiheke Island marina re-hearing denied, Kennedy Point project to proceed

The Environment Court has refused an application by opponents of a Waiheke Island marina, clearing the way for the project to go ahead.

In a decision just released, Principal Environment Court Judge Laurie Newhook, sitting with two…

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White island eruption: $4.5m possible annual gross revenue from rūnuga tourism business

White island eruption: $4.5m possible annual gross revenue from rūnuga tourism business

Te Rūnunga o Ngāti Awa might have earned a gross $4.5 million a year from its White Island Tours, contributing to the rūnunga's rising $13.1m annual revenue for the latest financial year.

Ngāti Awa's annual report…

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Largest-ever Hawke's Bay industrial portfolio on the market

Largest-ever Hawke's Bay industrial portfolio on the market

A substantial Hastings industrial estate with long-term leases to a mix of local and international tenants is the largest industrial offering ever to be placed on the open market in the Hawke's Bay.

Colliers International has been…

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Auckland CBD's southern precinct heating up

Auckland CBD's southern precinct heating up

Auckland's southern CBD has become the latest investment hotspot, as unsatisfied demand for core CBD stock leads investors to seek value in emerging precincts.

Blair Peterken, Director of Capital Markets at Colliers International,…

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Havelock North motel sells for record low yield

Havelock North motel sells for record low yield

The Harvest Lodge Motel in Havelock North has sold to a well-known local property investor for a record-breaking low yield.

The 19-unit property on Havelock Road is among the top-rated motels in the Hawke's Bay, with a Qualmark rating…

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Squeeze on industrial yard space

Squeeze on industrial yard space

Users of industrial yard space are facing a worsening shortage of property available for lease, as more and more vacant space is developed to meet the ongoing demand for warehousing in Auckland.

Savills Auckland's industrial team…

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Major transport hub comes to the market

Major transport hub comes to the market

Set to make a huge impact in Auckland's logistics sector, a state-of-the-art 36,080sqm freight forwarding intermodal facility occupying part of a 17.16 hectares site with rail connectivity and leased to Toll on a 15-year initial term…

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Suite deals on offer as hotel property portfolio launches

Suite deals on offer as hotel property portfolio launches

A selection of hotels currently in their design and build phase, a range of provincial properties, and an island resort which has been dormant for several decades jointly headline a national portfolio of commercial accommodation venues…

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Doolan Brothers in Newmarket for sale

Doolan Brothers in Newmarket for sale

A popular Irish-themed pub in Auckland's Newmarket has placed on the market for sale.

Doolan Brothers Newmarket is one of eight Auckland bars and restaurants owned by Good Spirits Hospitality.

The Doolan Brothers Newmarket restaurant…

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Marlborough vineyard for sale

Marlborough vineyard for sale

The land, buildings and business sustaining a commercially-run sauvignon blanc vineyard surrounding a function venue and boutique accommodation business have been placed on the market for sale.

Bhudevi Retreat at Rapaura north-west…

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New commercial hub in Wynyard Quarter

New commercial hub in Wynyard Quarter

Auckland's flagship Wynyard Quarter is about to be further boosted by a new commercial development that will take its place alongside Silo Park, and amongst North Wharf, GridAKL, the Auckland Fish Market and VXV.

Orams Marine, headquartered…

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$6m building job blows out to $10m at 116-year-old veterans' building

$6m building job blows out to $10m at 116-year-old veterans' building

The cost of restoring a 116-year-old Auckland veteran's building almost doubled, from an original $6 million to $10m according to the project's chief.

Graham Wilkinson, a director of the privately-owned retirement chain Generus Living…

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