Misc

$13.8m deal for Shortland St site

Property developer Trans Tasman Properties has an unconditional agreement to sell its Shortland St site in Auckland for $13.8 million.

Monday, September 13th 2004

It said after deducting the costs of sale the proceeds would be about 5 per cent above Trans Tasman's book value.

The sale to Dae Ju Housing is the latest property divestment by the company, which said in June it planned to dispose of mature assets in New Zealand and Australia after a $112 million land purchase in Hong Kong.

Read More - Opens in a new window

Most Read

SBS FirstHome Combo 3.99
Unity First Home Buyer special 3.99
TSB Special 4.39
ICBC 4.39
Co-operative Bank - First Home Special 4.39
Unity Special 4.49
BNZ - Std 4.49
Co-operative Bank - Owner Occ 4.49
SBS Bank Special 4.49
Kiwibank Special 4.49
ANZ Special 4.59
ICBC 4.59
TSB Special 4.69
Wairarapa Building Society 4.79
Nelson Building Society 4.87
BNZ - Std 4.89
SBS Bank Special 4.89
Co-operative Bank - Owner Occ 4.89
Unity Special 4.89
Kiwibank Special 4.89
First Credit Union Special 4.95
AIA - Go Home Loans 4.95
ICBC 5.19
TSB Special 5.29
Westpac Special 5.59
ASB Bank 5.69
BNZ - Std 5.69
SBS Bank Special 5.69
Co-operative Bank - Owner Occ 5.69
Kainga Ora 5.69
AIA - Go Home Loans 5.69
Kiwibank Special 5.79
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

More Stories

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

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

Thursday, December 04th 2025

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

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.