Monthly Archives: February 2016

5 reasons why it’s the perfect time to build a granny flat

Property Investment NZ | Property Investment | Property development | Granny Flat | Sleepout | Small houses

There’s never been a better time to start a granny flat or small house project and here are my five reasons why: 1. You still can!  Under the current Unitary Plan you won’t be able to build the kind of granny flat (a.k.a. minor dwellings) our clients particularly love. We don’t know exactly when the Unitary … Continue reading 5 reasons why it’s the perfect time to build a granny flat

Leasehold: only for the brave and well-informed 

Auckland Leasehold, Property Investment NZ | Property Investment | Property development | Granny Flat | Sleepout | Small houses

When a $2.5 million property can’t attract a buyer at $100,000, you know there’s something very wrong. What could possibly reduce a property’s value by 96%? One little word: leasehold. While you own both the land and the building on your freehold property, you only own the building on a leasehold and you pay ground rent to the land’s … Continue reading Leasehold: only for the brave and well-informed 

Speed wobbles for Auckland intensification

Auckland property market, Auckland Unitary Plan, Property Investment NZ | Property Investment | Property development | Granny Flat | Sleepout | Small houses

Auckland councillors have got cold feet about the latest proposals for intensification under the Unitary Plan. While everyone agrees there are too few dwellings to meet demand, there’s a major lack of consensus on what to do about it. Local ratepayers are protesting, a majority of councillors reportedly agree and the Property Council is “appalled” at the U-turn, blaming Baby Boomers … Continue reading Speed wobbles for Auckland intensification

Rents are rising – the data hasn’t caught up yet

Auckland rents rising, Property Investment NZ | Property Investment | Property development | Granny Flat | Sleepout | Small houses

With data not yet available for February, rent rises so far look modest. Anecdotal evidence, however, points to some major increases in rents across Auckland in the early months of this year. We’re hearing from property managers that rents have never been higher – up by between 10% and 20% on last year’s prices. There’s about whether rents can continue to increase: … Continue reading Rents are rising – the data hasn’t caught up yet

Our client’s success story hits headlines

Granny flat success for Ben Mitchell, Property Investment NZ | Property Investment | Property development | Granny Flat | Sleepout | Small houses

FUZO Property client and Shortland Street star Ben Mitchell has been in the news, making the cover of NZ Property Investor magazine for his impressive portfolio and rags-to-riches story. Ben grew up in Hamilton with a single mum who worked three jobs and cousins “from the Once Were Warriors tribe”, leaving home and school at 15. But he was determined to succeed, using his win … Continue reading Our client’s success story hits headlines