Rotorua property news


Property Insider: Foodstuffs' $380m expansion with new Pak'nSave sites in the works
The biggest is a new application for a $100m Pak'nSave on reclaimed land in Takapuna.

'Māori are long-term investors' - learning from success and failure working with iwi
Developments with tangata whenua: what spells success - or not?

Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.

Historic villa for sale after fire mishap, overseas landlord wants out
Rotorua rental property has been vacant for two years.

$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.

Political legend selling her beloved bach - ‘it’s time for it to go’
She says her children thought she'd gone potty when she bought the rundown holiday home.

‘Crazy and unreal’: Bach bought for $300K sells for more than $2m
Buyer response had been "nothing short of phenomenal", says agent.

Baches for as little as $199,000 at NZ’s best-kept secret - but there’s a catch
Holiday homes on leasehold land at Lake Rotomā are in demand, say agents.

Out-of-town buyer carves up multi-million-dollar Lake Tarawera estate
He's keeping the luxury bach and selling off the rest.

Locals beat Chinese and American buyers with $10m purchase of Rotorua lodge
Sale price record for the district is well and truly smashed.

Whakaari White Island tour company owes $8.5m, liquidators say
Just $53,000 in assets as liquidators work to sell what they can.

Revealed: Where Kiwis have the best chance of buying a house for less than $500,000
The numbers show the hotspots for affordable homes.

National, local companies are creditors of Rotorua housing project
The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.

Florida funder loaned $28.2m to Rotorua housing project
Liquidator expects no loss to customers.

Receivers, liquidator in charge of Rotorua's Mountview Green final stages
Receiver says 22 homes completed, not settled; 20 more in various stages of construction.

NZ house prices could rise 5% in 2025 as analysts signal market turning point
Also find out where house prices and rents rose fastest and slowest in NZ's year in review
Property news around NZ

The region that's overtaken Auckland as the most expensive to rent in
Trade Me Property’s latest Rental Price Index is out.

Luxury boutique properties under new management
The signings bring its management portfolio to 20 properties.

'Invaluable aid' for buyers: Three BoP suburbs make OneRoof’s ‘Hot 100′ list
'We all want to buy at an affordable price and to live in a suburb that’s on the rise.'