Latest fromRental Property

Real Living selling The Avenue apartments at Remuera Gardens retirement village
Company established an $80 million facility with the ANZ to fund The Avenue.

Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.

Public invited to see first Maungārongo apartments
A third of the 65 units have sold in this tough market. Invitations may mean more sales.

Who’s still got money? CBRE lists top sales of $1.7b deals lately
In the last six months of 2024, $1.7b of property sold in 97 deals. CBRE lists the top 10.

‘Yoga impacted by construction noise’: Arvida’s $50m+ fix-up irks some
Arvida is spending $50m+ on the main hub and apartments at its Mayfair retirement village.

‘Dishonest’: Landlord who found weapons, bong evicted tenant - but wasn’t upfront about why
Now the tenant has been awarded $12,000 after being left homeless.

Summerset may ban non-residents receiving care in its hospitals
Summerset has 28 villages with hospital and resthome-level care.

Consumer NZ, retirement residents vs Metlifecare over repairs, maintenance
Consumer NZ, Retirement Village Residents Association complain about repairs, maintenance.

Bayswater Marina wants 156-boat drystack plans non-notified
Auckland Council is yet to decide if plans for the new building should be notified.

Elderly tenant told to ‘p*** off’ by landlords when he complained about noise
He said he was kept awake by instruments, a boxing bag, a weed eater, a mower and trucks.

Student flat shockers: Property managers want rental industry ‘cowboys’ gone
A Tenancy Services taskforce is due to inspect some of Dunedin's grotty flats this year.

‘Black hole’: Crown quitting 109 new homes underwritten by KiwiBuild
First home buyers did not snap up these 109 homes: now we the taxpayers have bought them.

‘Perfect for family’: Rundown ex-gang rehab up for $1700 rent
Pistol and drugs once found at home. But house is fit for new tenants, its manager says.

‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report

Three apartment projects for $800m+ planned for Takapuna
Sites on Anzac St, The Strand and Huron St have been tagged for huge new housing schemes.

‘Eight-week average’: Tenancy Tribunal on how long it’s taking to hear a case
From March 20, the tribunal will be able to decide cases on paper without hearings.

‘Unacceptable levels’: Rising rent drives poverty and homelessness
Otangarei residents spend 56% of weekly income on rent, highlighting stress.

Kāinga Ora is getting tougher on rent debt collection
Tenants can't exceed 12 weeks' rent debt under the new policy.

Neighbour opposing apartment block wins concession from Metlifecare
'I will need to either purchase privacy blinds or live in my bedroom,' the neighbour said.

‘Awful situation’: Edmund Hillary village residents complain about sinking hub
Residents didn't expect retirement living to involve what feels like a construction site.

Simplicity Living to build 264 homes in Morningside build-to-rent development
The project is scheduled to begin development later this year.