The Black Book Issue 93 - Current to 15 March 2024

Once in a lifetime...

HELLO.

Editor's Letter:

Welcome to this week's edition of Black Book magazine. As we delve into the current landscape of lending criteria, it's evident that banks have begun to ease their standards while establishing clearer parameters. For those astute enough to discern these shifts, there lies an opportunity to capitalize. Whether you're a first-time home buyer or an experienced investor, navigating the intricacies of financing can yield significant advantages, especially in light of governmental initiatives aimed at reigniting interest in the landlord market.

The good news is that there are promising prospects for both prospective homeowners and seasoned investors. However, what truly distinguishes success in this dynamic environment is the ability to discern opportunities and leverage market insights. It requires a keen understanding of buyer and seller motivations, underscoring the indispensable role of a well-informed and strategic agent. As Kenny Rogers famously sang, "you got to know when to hold up and when to fold up."

In this issue, we aim to equip you with the knowledge and resources necessary to navigate these shifting tides effectively. From insights into emerging trends to expert advice on brokering favorable deals, we're committed to empowering you in your real estate endeavors.

Thank you for joining us on this journey through the ever-evolving landscape of real estate finance and investment.

Warm regards,

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

30

34

RECIPE

SPICED ORANGE AND WHITE WINE APERITIF

CURRENT PROPERTIES

EPSOM / MATAKANA

Ray White Epsom

Ray White Matakana

47 MARKET ROAD

REMUERA

PROPERTY FEATURE

Embrace unparalleled living in this 1930s' Remuera residence! The lavish 567 sqm (approx.) home sprawls across two floors and sits within a remarkable rare piece of primarily flat 2,714 sqm (approx.) land at the foot of Mt Hobson.

FINER DETAILS

ONCE IN A LIFETIME…

The prospective owner has the opportunity to unlock the potential of the existing home. For those with grander aspirations, the expansive landholding offers an abundance of possibilities. Single house zoned, this property serves as the ideal canvas for manifesting your vision of a dream home in the heart of Remuera - the future is yours to explore.

Dive into your best season of hosting with not just a pool but a tennis court. The lavish, light filled home is private and has been designed to incorporate the best of family life with an open-plan design that flows out to the patio and pool area.

Its unbeatable features:

All six bedrooms are generous and give your family great independence and separation, with two ensuites (including in the master suite, which also has a walk-in wardrobe), a further two bathrooms and a powder room

Depending on the occasion, there are two dining and living areas to switch between formal and casual dining

A wine cellar in the basement adds to your dinner party prowess

A guest area - or space for the older teen - above the garage, has a double bedroom, bathroom and lounge

Work from home with ease in the dedicated separate study downstairs

An abundance of off-street parking spaces in a U-shape for ease of movement and security behind an electric gate, as well as a triple garage and a storage room

In desired school zones, including the double grammar zone, and very close to private options, families will want to make this home their top priority! With Remuera train station, as well as motorway links, so close to the home too, this a prestigious postcode for the executives.

HOT PICK

37 Elliot Street, Riverhead

WATERFRONT LIFESTYLE

If you are looking for a brand new north facing waterfront family home with a rural outlook and access to a boat ramp and the Waitemata Harbour then look no further.

Recently completed this modern low maintenance 4 bedroom home delivers a very special living environment. With 3 separate indoor living areas and easy indoor outdoor flow to large decks surrounding the heated swimming pool and tiger turf lawns, your family will fall in love with this home.

The section runs down to the waters edge where there is a boat ramp located and just a short walk along the footpath you can wine and dine at the Riverhead Tavern. The Pub also sits right in the waterfront with floating pontoons and a new wharf where you and your friends can tie up the boat while having lunch.

The area is going ahead in leaps and bounds with everything you need just around the corner in the village.

Access to the City is just 30 minutes with the new motorway network or you can even go by boat.

This unique offering has it all and is a must see property if you are looking to live the ultimate lifestyle in a premium waterfront position.

Contact us for further details.

Tony Alexander:

Why April 1 will be an important date for house prices

ANALYSIS: I’ve now got results in from all five of the surveys I run each month giving insight into consumer spending plans, how businesses are seeing the world, and aspects of the housing market as observed by mortgage brokers, real estate agents, and property investors.

From these surveys, or at least four of them, we can derive an answer to the question about whether any other groups are yet following first home buyers heavily into the housing market. Just over a year ago young buyers stepped forward to take advantage of reduced prices, low competition from other buyers, a doubling of properties on the market from mid-2021, bigger saved up deposits, and good job security.

I can see from my surveys of real estate agents with NZHL that a year ago a net 55% were saying they were seeing fewer investors. Now, a net 24% say they are seeing more investors. Okay, so does that mean hefty extra price pressures? No.

A year back as many agents said they were seeing more investors looking to sell as to buy. Now a net 14% say they are seeing more investors wanting to sell. So yes, investors are in the market and looking, but they are also catching up on selling, with some pressured to do so by the need to shore up their business.

"The rule of thumb in New Zealand is that you can only price to what the market will bear and property owners don’t always seek to get as much as humanly possible."

This is where the change in the bright-line test from 10 years back to two years may have an immediate impact. Some investors want or need to realise the value in their housing asset to make things easier for their business. But they are reluctant to sell and pay capital gains tax. When the shift back to two years occurs many may look to sell – though how many is impossible to know.

Back to my surveys. The one of investors which I run with Crockers Property Management shows that this month a net 22% of landlords are finding it easy to get good tenants. A year ago only a net 3% said this. This is one impact from the 2.9% NZ population surge this past year. More people are looking for somewhere to live and landlords can pick and choose in some locations.

As yet this growing pressure in the rental market is not pushing rents higher at a hastening pace. The average rent rise which landlords will seek when they make a change is still the same as it was a year ago at just over 5.6%.

The rule of thumb in New Zealand is that you can only price to what the market will bear and property owners don’t always seek to get as much as humanly possible. This perhaps helps explain why there is no new rush of investor buying to outweigh selling now. Costs are soaring for things like rates, insurance, and maintenance, but returns are not necessarily keeping up with those cost rises and landlords for now are reluctant to try and gain compensation.

That is why the return of 80% interest expense deductibility from April 1 this year and 100% a year later is important. Cash flow positions for investors will improve and the exit from their investment which many may have been planning could be delayed or abandoned altogether. Having the rental pool shrink when population is booming is not a recipe for social stability and as we have seen central government does not have the capacity to meet social housing needs as they developed these past few years let alone coming years as house construction for a while shrinks.

Independent economist Tony Alexander 07

Positive shifts in market sentiment

As of now, the New Zealand real estate market is enjoying a renewal in positive sentiment, with an attitude shift courtesy of policy change by the newly appointed coalition government.

One notable change is the reduction of the Bright-line Test to two years, effective 1 July 2024. The Bright-line Test is a rule that taxes capital gained on residential property bought and sold within a certain period, and reducing it could incentivise property investment.

Additionally, there’s a gradual reinstatement of full mortgage interest deductibility, which may further encourage investment in the real estate market.

Starting from April 2026, investors can once again deduct mortgage interest costs from their rental income. At that point, the government will have fully reinstated interest deductibility. This is good news for property investors, as most will pay less tax when compared to the current policy.

These policy changes may attract more investment demand into the market and could potentially benefit existing investors by relieving them from capital gains tax sooner than expected.

First-home buyers are still expected to find opportunities, especially with the accessibility of KiwiSaver for deposits and low-deposit lending speed limits at banks, which can aid in purchasing their first homes.

Overall, the market seems to be gearing towards a more favourable environment in 2024 for both investors and first-home buyers, with potential impacts on demand and property prices.

WHAT SUPPLY AND DEMAND DYNAMICS ARE WE SEEING IN THE MARKET RIGHT NOW?

With access to real-time property data from our 197 Ray White offices nationwide, we are well-positioned to provide up-to-date information on current market conditions enabling clients to make informed decisions.

SUPPLY

In January, Ray White New Zealand exceeded expectations in listings, introducing 1,629 new properties to the market, marking a substantial 17.02 per cent increase compared to the same period last year.

This surge in listings was complemented by 780 sales for the month, representing a significant 30.87 per cent rise from the previous year.

DEMAND

Analysts gauge housing demand by assessing online property views and enquiries. Throughout January, there were 4.594 million views on Ray White’s websites, resulting in 43,452 enquiries, indicating a 20.08 per cent increase in views compared to last year. Enquiry levels remained consistent year-on-year.

Pre-approval rates serve as a vital indicator of market confidence, allowing purchasers additional opportunities, such as participation in auction proceedings - the most transparent sales method.

Our friends at Loan Market reported close to double the number of pre-approvals nationwide for the month of January compared to the previous year, and there was a notable increase in activity at auctions, showcasing superior performance in terms of days on the market and achieved results for sellers compared to other sales methods.

Mark your Diary.

11:30 am, Wed 6 March

6/316 Ellerslie-Panmure Highway Mt Wellington 06.3

1:00 pm, Thu 7 March

81A Vermont Street Ponsonby 07.3

1:00 pm, Thu 7 March

18 Lingarth St Remuera

1:00 pm, Thu 7 March

799 Matakana Valley Road Matakana 07.3

4:00 pm, Thu 7 March

202 Richmond Road

Grey Lynn

4:30 pm, Thu 7 March

7/223 Manukau Road Epsom

12:00 pm, Sat 9 March

69 Bay Road St Heliers

12:00 pm, Sat 9 March 71 Westgate

1:30 pm, Sat 9 March

Freemans Bay

5:00 pm, Wed 13 March 1A/2

March Auctions

1:00 pm, Thu 14 March 1/28 Findlay Street

1:30 pm, Thu 14 March

GA/9 St Georges Bay Rd Parnell

3:00 pm, Thu 14 March

67 Bell Road

4:00 pm, Thu 14 March

44A Hill Street Onehunga

5:00 pm, Thu 14 March

44 Grotto Road Onehunga

6:00 pm, Thu 14 March

13 Landow Place Henderson

Dylan Thomas

021

Dylan has over nine high performing years in the banking and finance industry having worked in Major Commercial which specialises in fundinglarge businesses and high net worth families across New Zealand. Dylan owns and operates Sixtus, a boutique mortgage brokerage that provides the old school service people expect of a trusted advisor. Whether you’re funding your first home or private jet, Dylan will ensure this process is seamless and efficient.

2024 Economic Outlook:

Interest Rates at Peak, Coalition Initiatives Unfold, and Banking Sector Response

2024 has started off with a hive of activity due to interest rates now signaled to have reached their peak and the new coalition starting to take action on their campaign promises. Swap Rates have been noticeably volatile with a huge dip over the Dec 23-Jan 24 although the banks have held pricing due to RBNZ instruction to not flood the market with 'cheap' rates and hamper their efforts to reduce inflation.

That being said, these have returned to pre-December 2023 levels so further cuts in the immediate future are hard to predict. One thing to note is most banks are trying to incentivise longer term fixed rates (>3 years) which may signal how quickly they're forecasting for rate reductions (<2 years). Banks are still keen to lend with greater flexibility to negotiate rates and cash retentions upon fixed rate expiry.

PROPERTIES WANTED.

WHAT CLIENTS WANT.

Family home

Circa $1.4m budget

4 bed, 2 bath, 2 car

Only Three Kings/Mt Roskill

Older couple - low maintenance living

Circa $2.8m budget

3 bed, 2 bath, 2 car

Remuera, Bays area

Family home

Circa $3-3.5m budget

4 bed, 2 bath, 2 car + Pool Bays area

Low maintenance

Circa $2m budget

3 bed, 2 bath, 3 car North Shore

Villa on large grounds

Circa $3.5-4m budget

6 car garaging

Remuera

asked yourself, here? ”

woken up asked yourself, here? ”

Rags to Ritches

how I saw things panning life doesn't seem to have any think through how to get off the to have become your life?

it? You will eventually start to responsibilities with children, family. You start to tell yourself and that you're simply back to square one, back on trudging through life again. Sadly, simply surviving.

saw things panning doesn't seem to have any through how to get off the have become your life? You will eventually start to responsibilities with children, You start to tell yourself and that you're simply back to square one, back on through life again. Sadly, simply surviving.

However, her drive to change the course of her life was also motivated by her drive to help others who had gone through or are going through struggles to do the same and live the life we all want and deserve.

Have you ever woken up one day and asked yourself, “how did I get here? ”

However, her drive to change the course of her life was also motivated by her drive to help others who had gone through or are going through struggles to do the same and live the life we all want and deserve.

In Rags to Riches to the Real Me, Heather Walton will show you that you can start over at any age and heal your life. You can rewrite your story with a happy ending. By following the 21 simple step-by-step exercises and making a daily ritual to recreate a life worth living, you can become someone that you can be proud of.

yourself,

In Rags to Riches to the Real Me, Heather Walton will show you that you can start over at any age and heal your life. You can rewrite your story with a happy ending. By following the 21 simple step-by-step exercises and making a daily ritual to recreate a life worth living, you can become someone that you can be proud of.

might recognize that you dug for yourself. You treadmill of survival that leads to far more But, feeling defeated, ups and downs, you your past or present, hiding judged. Potentially, these to address, and you want may have attempted that there must be everyone deserves compassion, starting with at jumping on and off Throughout her life, forms, lack of education, bankruptcy to name just a all of these struggles, Walton's life mission was to

start to children, yourself

yourself. Healing is possible.

might recognize that you you've dug for yourself. You the treadmill of survival follow that leads to far more deserve. But, feeling defeated, constant ups and downs, you your past or present, hiding judged. Potentially, these scary to address, and you want You may have attempted think that there must be However, everyone deserves compassion, starting with expert at jumping on and off Throughout her life, forms, lack of education, bankruptcy to name just a Throughout all of these struggles, Walton's life mission was to was incredibly determined to magnificent story of success.

There is nothing more empowering than to look back on your struggles or trauma and know that it did not define you; they simply gave you a few scars or characteristics that made you into the strong resilient person you can become. You will feel uplifted, inspired and have a deep understanding, knowing in your heart that you CAN thrive and live your best life possible.

However, her drive to change the course of her life was also motivated by her drive to help others who had gone through or are going through struggles to do the same and live the life we all want and deserve.

In Rags to Riches to the Real Me, Heather Walton will show you that you can start over at any age and heal your life. You can rewrite your story with a happy ending. By following the 21 simple step-by-step exercises and making a daily ritual to recreate a life worth living, you can become someone that you can be proud of.

There is nothing more empowering than to look back on your struggles or trauma and know that it did not define you; they simply gave you a few scars or characteristics that made you into the strong resilient person you can become. You will feel uplifted, inspired and have a deep understanding, knowing in your heart that you CAN thrive and live your best life possible.

Settle in to hear Walton's story and how she changed her life from a life of rags to a life of riches in every sense of the word: financially, emotionally, and spiritually. Learn from her journey and then do your own deep dive to implement the exercises into your daily routine to create your own rags to riches to the real you story.

Settle in to hear Walton's story and how she changed her life from a life of rags to a life of riches in every sense of the word: financially, emotionally, and spiritually. Learn from her journey and then do your own deep dive to implement the exercises into your daily routine to create your own rags to riches to the real you story.

There is nothing more empowering than to look back on your struggles or trauma and know that it did not define you; they simply gave you a few scars or characteristics that made you into the strong resilient person you can become. You will feel uplifted, inspired and have a deep understanding, knowing in your heart that you CAN thrive and live your best life possible.

Purchase your copy of Rags to Riches to the Real Me: Overcoming Adversity Through a Lifelong Quest for Success and Happiness from amazon.com.

Heather Walton is a self-taught expert at jumping on and off treadmills and rising from adversity. Throughout her life, she faced poverty, abuse in many forms, lack of education, struggled being a solo mum, and bankruptcy to name just a few hurdles she overcame. Throughout all of these struggles, she didn't just survive, she thrived. Walton's life mission was to change her story’s ending, and she was incredibly determined to write it on her own and make it a magnificent story of success.

incredibly determined to

Settle in to hear Walton's story and how she changed her life from a life of rags to a life of riches in every sense of the word: financially, emotionally, and spiritually. Learn from her journey and then do your own deep dive to implement the exercises into your daily routine to create your own rags to riches to the real you story.

Purchase your copy of Riches to the Real Me: Overcoming Adversity Through a Lifelong Quest for Success and Happiness amazon.com.

However, her drive to change the course of her life was also motivated by her drive to help others who had gone through or are going through struggles to do the same and live the life we all want and deserve.

Purchase your copy of Rags to Riches to the Real Me: Overcoming Adversity Through a Lifelong Quest for Success and Happiness from amazon.com.

In Rags to Riches to the Real Me, Heather Walton will show you that you can start over at any age and heal your life. You

“This cannot be my life. This is not how I saw things panning out for me. I don't deserve this. My life doesn't seem to have any purpose.” Then, have you tried to think through how to get off the rollercoaster or treadmill that seems to have become your life? Change seems just so hard, doesn't it? You will eventually start to make excuses about lack of money, responsibilities with children, and judgment from friends and family. You start to tell yourself it's not that bad, things will get better, and that you're simply overthinking things. This sends you back to square one, back on the treadmill where you start trudging through life again. Sadly, this is not living or enjoying life; it's simply surviving.

Every time you hit rock bottom you might recognize that you are, again, in that familiar hole you've dug for yourself. You wish to have the strength to step off the treadmill of survival and onto a sparkling new road to follow that leads to far more happiness - the happiness you deserve. But, feeling defeated, destined to go through these constant ups and downs, you continue to bury the dark secrets of your past or present, hiding them from everyone so as not to be judged. Potentially, these hidden secrets are too painful or scary to address, and you want nothing more than to forget them. You may have attempted to face the pain, failed, and now think that there must be something wrong with you. However, everyone deserves happiness, forgiveness, love, and compassion, starting with yourself. Healing is possible.

Heather Walton is a self-taught expert at jumping on and off treadmills and rising from adversity. Throughout her life, she faced poverty, abuse in many forms, lack of education, struggled being a solo mum, and bankruptcy to name just a few hurdles she overcame. Throughout all of these struggles, she didn't just survive, she thrived. Walton's life mission was to change her story’s ending, and she was incredibly determined to write it on her own and make it a magnificent story of success.

However, her drive to change the course of her life was also motivated by her drive to help others who had gone through or are going through struggles to do the same and live the life we all want and deserve.

In Rags to Riches to the Real Me, Heather Walton will show you that you can start over at any age and heal your life. You can rewrite your story with a happy ending. By following the 21 simple step-by-step exercises and making a daily ritual to recreate a life worth living, you can become someone that you can be proud of.

There is nothing more empowering than to look back on your struggles or trauma and know that it did not define you; they simply gave you a few scars or characteristics that made you into the strong resilient person you can become. You will feel uplifted, inspired and have a deep understanding, knowing in your heart that you CAN thrive and live your best life possible.

Settle in to hear Walton's story and how she changed her life from a life of rags to a life of riches in every sense of the word: financially, emotionally, and spiritually. Learn from her journey and then do your own deep dive to implement the exercises into your daily routine to create your own rags to riches to the real you story.

SPICED ORANGE AND WHITE WINE APERITIF

Makes Six cups

The perfect drink for a warm summer's evening – zesty, spicy and delicious and best served chilled.

INGREDIENTS

2 oranges

2 bottles good-quality dry white wine

½ cup each Cointreau and brandy

½ cup caster sugar

40 whole roasted coffee beans

2 whole star anise

2 cinnamon sticks

Recipe extracted from

Dish Issue 69

From issue November, 2016

METHOD

Use a vegetable peeler to peel long strips of zest from both oranges, taking care not to include any of the white pith.

Place all of the ingredients in a large saucepan and gently heat to dissolve the sugar. You should still be able to put your finger in without it burning.

Tip into a large sterilised jar/s with a neck wide enough to get the star anise through. Add some coffee beans, a star anise and a cinnamon stick to each jar.

Cool then seal and leave for 1 week before drinking, if possible, but it’s still delicious if only made 2 days before.

TO SERVE: Pour the chilled wine into glasses adding a piece of orange zest and serve as is, or top up with champagne or sparkling mineral water. Store in the refrigerator once opened.

Central Auckland

Embrace unparalleled living in this 1930s' Remuera residence! The lavish 567 sqm (approx.) home sprawls across two floors and sits within a remarkable rare piece of primarily flat 2,714 sqm (approx.) land at the foot of Mt Hobson. The prospective owner has the opportunity to unlock the potential of the existing home. For those with grander aspirations, the expansive landholding offers an abundance of possibilities. Single house zoned, this property serves as the ideal canvas for manifesting your vision of a dream home in the heart of Remuera - the future is yours to explore. Dive into your best season of hosting with not just a pool but a tennis court.

021 336 002

richard.thode@raywhite.com

Rae

021 629 912 rae.zhang@raywhite.com

AUCTION

67 Bell Road, Remuera

Those desiring a multi-generational, contemporary residence that effortlessly combines space and elegance with ease. Light-filled interiors and a thoughtful floor plan. The outdoor haven is both exquisite and distinctive, with a European-style courtyard. This architecturally designed home provides three master options out of the five bedrooms. Enhanced security is ensured with an electric gate, off street parking, and a double garage. The easy-care gardens and landscaping provide both privacy and convenience. The lower level features a patio leading to a meticulously manicured flat fenced lawn, ideal for children and pets to enjoy.

rwepsom.co.nz/EPS31953

Auction

3:00pm, Thursday

14 March 2024

In rooms and Online (Unless Sold Prior)

View

Advertised online or by appointment

Richard Thode

021 336 002

richard.thode@raywhite.com

Rae Zhang

021 629 912

rae.zhang@raywhite.com

7/223 Manukau Road, Epsom

Discover an affordable gem in the heart of the soughtafter Double Grammar Zone! This upper-level unit, featuring a garage exudes charm and accessibility. Motivated sellers are eager to find new owners for this spacious home unit in the heart of Epsom!

Whether you're a first-time buyer or an investor, seize this fantastic opportunity - it should be at the top of your priority list for viewing.

Auction

4:30pm, Thursday

07 March 2024

In Rooms and Online (Unless Sold Prior) View

As advertised online or by appointment.

Richard Thode

021 336 002

richard.thode@raywhite.com

Rae Zhang

021 629 912

rae.zhang@raywhite.com

rwepsom.co.nz/EPS32377

Exquisitely crafted and flawlessly presented, this impressive 427m2 (approx.) award-winning Jones Architect cedar home, nestled in the highly desirable heart of Epsom stands as a unique gem. Meticulously designed to cater to the lifestyle of busy individuals who cherish the art of hospitality, each of its three levels epitomizes contemporary living and elegance. With scale and quality of everything about this exceptional home. Set within beautifully landscaped, low-maintenance grounds, this exceptional property is conveniently located just 20 minutes from Auckland's CBD. It enjoys proximity to various transportation routes and is within a short stroll of the Epsom Tennis Club.

Richard Thode

021 336 002

richard.thode@raywhite.com

Rae Zhang

021 629 912

rae.zhang@raywhite.com

AUCTION

44A Hill Street, Onehunga

A serene life is on the cards at this pretty-as-a-picture stylish family stunner. Set back from the pretty tree-lined street, the home is spacious, flexible, and ready for easy family life. Beautifully renovated and refreshed, it is move-in ready! Evoking the classic Kiwi style, the modern home is designed for the modern entertainer in mind and the needs of executive families. It is filled with natural light, while striking a balance of accessibility to key amenities. The meticulously groomed gardens transform the outdoor space into a dream for entertainers and a tranquil retreat. Not to mention the outdoor fireplace - that is perfect to toast those late-night marshmallows!

rwepsom.co.nz/EPS32382

Auction

4:00pm, Thursday, 14 March 2024

In Rooms (Unless Sold Prior)

View

As advertised online or by appointment

Richard Thode

021 336 002

richard.thode@raywhite.com

Andrew Milne

021 252 3104

andrew.milne@raywhite.com

AUCTION

44 Grotto Street, Onehunga

Overflowing with its original charm, this sun-drenched 1950s weatherboard bungalow is a must-see for all admirers of classic homes! Incorporated with tasteful modern updates from our owners, this residence has been meticulously maintained. The fullyfenced private property is adorned with low-maintenance greenery and hedging. All three generously sized bedrooms offer ample space for family life. The spacious modern bathroom includes a shower over a bath, accompanied by an additional separate toilet. The property is equipped with a heat pump, HRV system, insulation, solar panels, and new carpet.

rwepsom.co.nz/EPS32361

Auction

5:00pm, Thursday

14 March 2024 In Rooms (Unless Sold Prior)

View

Advertised open homes online or by private viewing

Richard Thode

021 336 002

richard.thode@raywhite.com

Andrew Milne

021 252 3104

andrew.milne@raywhite.com

AUCTION

202 Richmond Road, Grey Lynn

This charismatic and charming 1900s' villa delivers on city fringe living with high-calibre attention to detail in its exquisite renovation. This home is for the dreamers, the entertainers, and those seeking prime positioning in the Grey Lynn market. The gorgeous four-bedroom home calls you in from the street, with its classic white fencing and charmed style. It's been completely renovated to create the contemporary, chic character home it is today. In one of the hottest locations Auckland offers, the home is ready-made for families and city professionals looking for flexible work-from-home options and accessible living. This home is an absolute sanctuary thanks to its refined reno.

rwepsom.co.nz/EPS32327

Auction

4:00pm, Thursday

07 March 2024

In Rooms and Online (Unless Sold Prior)

View

As advertised online or by appointment

Richard Thode

021 336 002

richard.thode@raywhite.com

Andrew Milne

021 252 3104

andrew.milne@raywhite.com

GA/9 St Georges Bay Road, Parnell

Undisputedly one of Parnell's finest, this exceptionally beautiful, spacious garden apartment offers luxurious ease, just a two-minute stroll to Parnell Road.

As the only ground floor apartment of a prestigious boutique complex, this substantial 220m2 (approx.) three bedroom, threebathroom (two ensuites) hideaway extends all along the northern aspect to the expansive, safe, quiet & private garden rooms.

14 March 2024 at

Ross Hawkins

Ben Sceats

021 815 159 ben.sceats@raywhite.com

rwepsom.co.nz/EPS32374

Motivated sellers - present all offers, ignore C.V! Step into a residence tailored for the entire family, five bedrooms, four bathrooms, three versatile living areas, and a refreshing pool. This home stands as the ultimate haven for multi-generational living.

Nestled on the prestigious northern slopes of Remuera, this highend estate offers a lifestyle catering to families of all ages. Set across three levels on a generous 1,507m2 freehold site adorned with flourishing trees.

rwepsom.co.nz/EPS32342

Rae

Black Group Realty, part of Ray White, offers unparalleled property exposure across Epsom and globally, connecting local and international buyers seamlessly.

Reasons to list with us

.

Consistent Excellence: We're proud to be ranked as the number 5 office in New Zealand for the past five consecutive years, showcasing our dedication to top-tier service.

Local Expertise: Our deep knowledge of the Epsom market ensures your property stands out, attracting the right buyers.

Strategic Marketing: Through a mix of traditional and digital channels, we maximize your property's visibility

Personal Touch: Our commitment to understanding each client's unique needs ensures a seamless, tailored sales experience.

Ray White Network: Benefit from our extensive national and international network, giving your property unparalleled reach.

CBD Auckland

Auckland Greater

Boasting a generous floor area of 236sqm, this property offers ample space for entertaining and comfortable living.

Two of the bedrooms come complete with ensuites, offering added privacy and convenience. City views and landscaping opportunities await. Western beaches and Waitakere just a stone's throw away, you'll have endless opportunities for outdoor adventures.

Andrew Milne

021 252 3104

andrew.milne@raywhite.com

Ken Choong

021 780 524

ken.choong@raywhite.com

3A1B1J

1/171

An endearing and very well-maintained three bedroom 1950s weatherboard home positioned to take full advantage of its lovely north-facing aspect.

An ideal buying opportunity for those looking to secure a first home or savvy renovators looking to add value on this cross lease title, the home is set well back from the road, and surrounded by lawn and garden.

Charlotte Inglis

021 306 898

charlotte.inglis@raywhite.com

Lynn Lacy-Hauck

021 190 0611

lynn.lacy-hauck@raywhite.com

rwepsom.co.nz/EPS32384

As a first-time homebuyer, you'll appreciate the convenience and practicality of this charming 3-bedroom terrace house (2 bedrooms, plus a study also available). Nestled just a 5-minute drive from both the motorway and a supermarket, this home offers the perfect blend of accessibility and comfort.

The layout is designed for modern living, with three wellproportioned bedrooms providing ample space for relaxation and privacy. Whether you're starting a family or looking for extra room to grow, this property offers versatility to suit your needs.

AUCTION

13 Landow Place, Henderson

With so much to offer, missing out on this opportunity would be a regret. Whether you're a first-time homebuyer, or an investor, this property has it all and must be sold! Renovator lovers - we've found the property for you! This home in the coveted suburb of Henderson has undergone a complete renovation, presenting a move-in-ready masterpiece. Not a finger to lift, everything has been done for you, meticulous attention to detail and qualityfinishes defines this transformation. Nestled in a quiet cul-de-sac and discreetly positioned down a driveway, this residence boasts privacy and is surrounded by lush greenery. Elevated views, it bathes in natural light, creating a warm and welcoming ambiance.

rwepsom.co.nz/EPS32360

Auction

6:00pm, Thursday

14 March 2024 In Rooms (Unless Sold Prior)

Andrew Milne

021 252 3104

andrew.milne@raywhite.com

View

As advertised online or by appointment

Richard Thode

021 336 002

richard.thode@raywhite.com

MATAKANA OMAHA

Imagine owning a brand new, low-maintenance home with breathtaking ocean views-it's not just a dream, it's your reality at Ti Point. Just an hour from the CBD, this stunning property offers the perfect balance between tranquillity and accessibility. As you ascend your gorgeous concrete driveway, anticipation builds for the moment you step into your vertical weatherboard double-glazed sanctuary. Park in your double garage and cross the covered bridge to your front door, where you'll be greeted by an expansive entranceway and, of course, that epic view stretching over Omaha, Whangateau, Point Wells, and beyond.

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When Vision Meets Expertise: The Remarkable Renovation Collaboration of Heather and Jordy.

When Heather and Jordy first crossed paths, little did they know it would spark an extraordinary collaboration. Jordy, renowned for her work at Board and Batten Design Studio, played a pivotal role in Heather and Mark’s purchase of Black Barn, now Ray White Matakana and Omaha. Their family and pets now call the transformed bungalow home project!

Heather’s “commute” to the office became a creative journey when she sought Jordy’s advice on renovating. Their instant connection and shared taste led to a breathtaking renovation that seamlessly blends functionality with fabulousness. As the project neared completion, Heather invited Jordy to move back in, creating a unique live-and-work space. Now, clients benefit from the duo’s expertise, receiving guidance on home renovations and property value maximization.

Heather and Jordy’s shared office allows them to provide a winning combination of skills when visiting clients, making it a win-win for everyone involved.

“I’m often called upon to offer guidance to friends, clients, and community members embarking on renovation journeys. With Jordy and me sharing the same office, we can visit clients together, providing a winning combination of expertise. It’s a win-win for all involved, and it allows us to do what we love, helping people. When you love your work, it feels like you never truly ‘work’ a day in your life.”

Stay tuned as this dynamic duo conquers challenges and transforms spaces. Watch this space for their next incredible project!

COASTAL LIFESTYLE

If you are looking for

brand new north facing waterfront family home with a rural outlook and access to a boat ramp and the Waitemata Harbour then look no further.

This unique offering has it all and is a must see property if you are looking to live the ultimate lifestyle in a premium waterfront position.

0276370205

FOR SALE

346 Coatesville Riverhead Highway

Park-like privacy and supreme specifications characterise this elite home, which sets a superior standard for lifestyle luxury in the heart of Coatesville. Designed by Colin and Lindy Leuschke and built by Glover Homes, this brand-new quality home boasts a striking concrete exterior complemented by Paradise Valley schist and cedar panels. Every aspect of presentation and practicality has been meticulously considered, featuring Mangaturoto chip concrete flooring, strip lighting, zoned central air conditioning, brushed nickel bathroom ware, and a state-of-the-art Control Four system for ultra-convenient remote access.

5A4B

Ross Hawkins

027 472 0577 ross.hawkins@raywhite.com

Ben Sceats

021 815 159 ben.sceats@raywhite.com

NEW BUILDS

This architectural masterpiece was recently completed and sets a new standard for apartment living in Auckland.

The spacious indoor/outdoor living here from the drawing board of Monk MacKenzie Architects, with interior design by Bureau delivers a unique high quality living experience just a short walk from Parnell Road and the convenience the area has to offer.

Ross

021

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.

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Pre-approvals

Refinancing

Buying your first home

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