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Development News

Relief as derelict gun shop snapped up for just over $270,000
Nikki Preston
Relief as derelict gun shop snapped up for just over $270,000
Developer buys “as is, where is” property that neighbours wanted gone.
Auckland auction frenzy: Developer pays $2.4m for premium site after sellers quit NZ
Catherine Masters
Auckland auction frenzy: Developer pays $2.4m for premium site after sellers quit NZ
Agent says six developers turned up to bid, with another six waiting in the wings.
‘Time warp to the 70s’: Iconic yacht racer’s home for sale again
Catherine Masters
‘Time warp to the 70s’: Iconic yacht racer’s home for sale again
Waterfront property back on the market less than a year after it sold.
Empty Hamilton field could be worth mega millions in Kāinga Ora sell-off
Nikki Preston
Empty Hamilton field could be worth mega millions in Kāinga Ora sell-off
Is the Government sitting on a goldmine?
Christchurch uni student, 23, busy building a multimillion-dollar property empire
Nikki Preston
Christchurch uni student, 23, busy building a multimillion-dollar property empire
He already has 14 townhouses under his belt and dozens more in the pipeline.
Kāinga Ora’s $4m waterfront sell-off: State homes overlooking Ōrākei Basin up for grabs
Diana Clement
Kāinga Ora’s $4m waterfront sell-off: State homes overlooking Ōrākei Basin up for grabs
Government agency ramps up sale of state homes in posh suburbs.
‘Eyesore’ Christchurch gun shop for sale for $250,000 - property overflowing with rubbish, rats
Nikki Preston
‘Eyesore’ Christchurch gun shop for sale for $250,000 - property overflowing with rubbish, rats
The council has served the owners with an urgent clean-up notice.
‘Oh my God, this is like Dubai coming to New Zealand’ - 300 enquiries a week for new suburb
Nikki Preston
‘Oh my God, this is like Dubai coming to New Zealand’ - 300 enquiries a week for new suburb
Kiwis “living in exotic locations” show interest in neighbourhood built on former sand quarry.
$17m Auckland penthouse sale smashes NZ apartment price record
Catherine Smith
$17m Auckland penthouse sale smashes NZ apartment price record
Another apartment in the luxury block has sold for just over $10m.
‘Oh dear’: Fire-ravaged home with $1.7m RV gives agent a shock
Diana Clement
‘Oh dear’: Fire-ravaged home with $1.7m RV gives agent a shock
Buyers only allowed to inspect the property from the kerb.
Kāinga Ora sells off three tiny cottages worth more than $2m each
Diana Clement
Kāinga Ora sells off three tiny cottages worth more than $2m each
Neighbouring properties pitched at developers.
Seven bidders fight over run-down house overflowing with junk
Nikki Preston
Seven bidders fight over run-down house overflowing with junk
“The lawns and gardens are overgrown, the yard has car bodies, there’s even a caravan.”
Tiny ‘$30,000’ hut for sale in Auckland’s mansion suburb
Diana Clement
Tiny ‘$30,000’ hut for sale in Auckland’s mansion suburb
Deceased estate is the last remaining undeveloped piece of land in the wealthy neighbourhood.
$11.6m to live above a train station - penthouse for sale in ‘vertical village’
Catherine Smith
$11.6m to live above a train station - penthouse for sale in ‘vertical village’
Apartments up for grabs in $450m Symphony Centre development.
'A bit of gold': Boarding house with $3m CV for sale for first time in 22 years
Diana Clement
'A bit of gold': Boarding house with $3m CV for sale for first time in 22 years
Former backpackers hostel up for grabs.
Half-finished mansion next to NZ’s richest family sells under the hammer
Catherine Masters
Half-finished mansion next to NZ’s richest family sells under the hammer
Work on “dream” Coatesville home stopped before Covid.
Neighbouring villas sell for more than $3m, agent hopes they won’t be demolished
Catherine Masters
Neighbouring villas sell for more than $3m, agent hopes they won’t be demolished
Developer picks up properties that were sold to support school libraries.
Top economist’s housing market scorecard: Which laws and changes get 10/10?
Catherine Masters
Top economist’s housing market scorecard: Which laws and changes get 10/10?
David Norman looks back at 25 years of housing policies.
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