Tag Archives: leasehold properties

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 […]

Leasehold Property

In New Zealand it is very common for a business operator to enter into a lease arrangement with the lessor or landlord. We have all seen Leasehold Property available for purchase but what actually is it? Do you ever actually own the land? Are there special conditions imposed on your use of the property? This weeks […]