Tag Archives: apartments

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Common Pitfalls when Buying Apartments off the Plans

There is a strong demand for houses and apartments in New Zealand. There are purchasers signing purchase contracts on the basis of plans for houses or apartments not yet constructed. Some purchasers are signing contracts with developers who do not even have the required planning or building consent for construction. The contracts that prospective purchasers are given to sign are […]

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Granny Flat or Home & Income?

With the growing number of property transactions in 2015, we have noticed frequent reference to “granny flat or home & income” from property advertisements and agreements that have been sent to our office. With the growing shortage of suitable property and escalating property prices, home buyers and investors have preferred the option of purchasing a […]

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3000 new apartments planned for Auckland CBD

Colliers International researchers said today 3000 apartments would be built in the Auckland cbd in the 4 years to the end of 2018, raising stock by 18%, from 17,395 to 20,472. Research & consultancy national director Alan McMahon said 6601 new apartments would be built in the whole region, 44% in the cbd, 28% in each […]

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Queen City Law – Property Developments.

Queen City Law are pleased to announce some changes in how we list our properties for sale and how we present our off market listings. We are currently migrating listings and property tools and information to a new website exclusively dedicated to the Queen City law property team. Follow our lawyers here as they present, […]

What’s really going on in Auckland’s CBD? – Chinese Investment

A new wave of Chinese investors hit town. If Winston knew what has been going on in downtown Auckland over the last 12 months or so who knows he may have won the election! Deals in the pipeline or in some cases already settled in Auckland City indicate that the Chinese appetite for property has […]

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What $1 million buys in Auckland: Mt Eden

Auckland is one of the most expensive places in the world to buy a home – an Economist report found that the average house price in Tāmaki Makaurau exceeds annual household incomes by eight times (the recommended ratio is three times a family’s earnings). In a recent series of articles in Stuff every week they take an in depth […]

Buying an Apartment in New Zealand

Are you buying an Apartment in New Zealand?  Are you clear on what you need to know before you enter into a contract? This week the Queen City Law team look at more property dangers and what to look out for when you are buying an apartment. We have written extensively on apartments click here to […]

New Zealand Institute of Architects – 2014 Apartment Design Awards

  I represented Queen City Law at the New Zealand Institute of Architects apartment design awards last week, where there was an impressive display of superb construction and property development projects. The Auckland Property Market is continuing its strong run despite cooling effects of the Reserve Banks move on rates.  I was probably only non […]

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Understanding IEP and DEE in Apartments

  What is an Initial Evaluation Procedure (IEP) or Detailed Engineering Evaluation report (DEE) and why is it so important when you buy apartments or commercial buildings? These all help you determine whether the building may be earthquake prone and will also affect your bank’s lending, your insurance cover/premiums, your tenants rights and obligations towards […]

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NZ Clarifies GST Rules For Bodies Corporate

New changes to body corporate rules will be a change worth noting for landlords and unit owners. Queen City Law are very experienced in dealing with body corporates if you have any other questions don’t hesitate to contact one of our team. New Zealand’s Revenue Minister, Todd McClay, has announced his intention to clarify through […]