Latest fromCommercial Property

Delays will cost ratepayers up to $278m
The Government and the Auckland Council are at loggerheads over a start date for the $2.4b underground City Rail Link, and that's only going to add to the cost.

Chinese CBD bid highlights buying issue
Shanghai Pengxin's New Zealand property empire will soon reach into downtown Auckland, again igniting the issue of foreign ownership of property here.

Award-winning winery's block for sale
An established Hawkes Bay vineyard owned and operated by the award winning Villa Maria winery on the edge of Hastings is for sale.

Lodge set to profit from tourist surge
Wai Hou Oma Lodge, about 25 minutes north of Dargaville and the only four-star Qualmark rated lodge on Northland's west coast, is on the market ahead of an anticipated sizeable growth in tourist....

Project Auckland: Waterfront regeneration just the beginning
We're looking at a level of urban regeneration not seen before in the central city, says John Dalzell.

Maria Hurley: Residents battle developers over central city
As a wave of pro-intensification development sweeps Auckland more residents will find themselves battling to preserve the character of their neighbourhoods.

Slice of Napier's Art Deco heritage
The Chisholm Building, an award-winning Art Deco block of shops built after the 1931 Napier earthquake, offers split-risk rental income.

Golden years ahead for prime site
A recently closed retirement home in Gisborne is for sale, with vacant possession offering a purchaser the prospect of launching another commercial enterprise, or subdividing a 7000sq m freehold site....

City temple could fetch $1m
A temple that was home to a group of spiritualists is for sale in Auckland.

Alexandra Park property plan gains pace
Alexandra Park's chief executive Dominique Dowding said apartments would be for sale from February and she predicted occupation of the Green Lane West Rd places by the end of 2016.

Police target more assets of jailed finance director
Police are targeting more assets associated with a businessman serving the longest prison sentence given to any failed finance company director.

Trotting club's $205m property plan
A new $205.4 million urban village with almost a half-hectare shopping precinct and 231 apartments is to rise in an Auckland horse racing club's carpark.

Kids' flying fox irks residents
The days of children screaming in delight as they whiz along a flying fox might be numbered at one Auckland housing development.

Boss peddles bike fitness
"Get on yer bike," Ricoh New Zealand managing director Michael Pollok is telling staff. And he means it.