Property Management

World's eyes turn to NZ real estate

Foreigners have bought New Zealand commercial property worth more than $800 million in the past 18 months, says a top agent.

Wednesday, October 08th 2003

John Goddard, of Colliers International in Auckland, said overseas interest in New Zealand property was high.

The ASB Bank Centre on Albert St in Auckland was likely to be sold to overseas buyers, he said.

Colliers is marketing the high-rise ASB tower, owned by AMP, and said it generated $9.1 million a year in rental income, with the potential to increase to $9.8 million.

Read More - Opens in a new window

Home affordability plummets in Nelson

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
TSB Special	4.49
SBS Bank Special	4.49
Co-operative Bank - First Home Special	4.49
ICBC	4.49
Unity Special	4.49
ASB Bank	4.59
ANZ Special	4.59
Westpac Special	4.59
Kiwibank Special	4.59

ICBC	4.89
Unity Special	4.89
BNZ - Std	4.89
Kiwibank Special	4.89
SBS Bank Special	4.89
Kainga Ora	4.95
China Construction Bank	4.95
TSB Special	5.09
ANZ Special	5.09
ASB Bank	5.09
Nelson Building Society	5.09

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
ASB Bank	5.69
BNZ - Std	5.79
Co-operative Bank - Owner Occ	5.89
Kiwibank Special	5.89
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.75
Unity Standard	5.79

Property Management

World's eyes turn to NZ real estate

Next Article

Most Read

Top Mortgage Rates

More Stories

RBNZ expects slower house price growth in the current recovery

Queenstown not off the radar for first home buyers

Record levels of first home buyers taking out low deposit loans

Buyers sitting on the sidelines in best time to buy in a decade