Commercial

International scramble for blue-chip property

Australian buyers are among those lining up to bid on Friday for a parcel of prime Queenstown commercial property worth an estimated $56 million.

Monday, July 26th 2004

Locations Realty manager Henk Hoogvliet said it was the largest chunk of blue-chip real estate to go on the Queenstown market in the past 15 years.

The eight properties are owned by a group of eight financial investors from Singapore and Malaysia.

Australian interest had come mainly from Perth, Brisbane, Sydney and Melbourne.

Read More - Opens in a new window

Property investors refocus on cash flow

Unity First Home Buyer special	4.15
SBS FirstHome Combo	4.29
ICBC	4.49
Kainga Ora	4.59
SBS Bank Special	4.69
Co-operative Bank - First Home Special	4.74
AIA - Go Home Loans	4.75
Unity Special	4.80
Co-operative Bank - Owner Occ	4.84
China Construction Bank	4.85
Kiwibank Special	4.95

Kainga Ora	4.95
China Construction Bank	4.95
ICBC	4.99
Unity Special	5.29
Co-operative Bank - First Home Special	5.29
SBS Bank Special	5.29
Co-operative Bank - Owner Occ	5.39
Kiwibank Special	5.39
ASB Bank	5.45
Westpac Special	5.45
AIA - Go Home Loans	5.45

SBS Bank Special	5.49
BNZ - Std	5.49
Westpac Special	5.49
ASB Bank	5.59
AIA - Go Home Loans	5.59
ICBC	5.65
Kiwibank Special	5.69
Kainga Ora	5.69
Co-operative Bank - First Home Special	5.89
Co-operative Bank - Owner Occ	5.99
TSB Special	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	4.20
Co-operative Bank - Standard	5.34
Co-operative Bank - Owner Occ	5.34
ICBC	5.39
Kainga Ora	5.79
Heartland Bank - Online	5.80
SBS Bank	5.84
Pepper Money Prime	5.99

Commercial

International scramble for blue-chip property

Next Article

Most Read

Top Mortgage Rates

More Stories

Can the NZ economy grow while house prices stagnate?

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