4th property sells
Posted by Neil Walker on December 10, 2011 · Leave a Comment
Previously I posted that 3 of the 5 properties offered for sale sold on auction day. Make that 4. The block of land at Whareponga Road, Ruatoria sold on Friday. Principal George Searle was pleased with the outcome. ” We are having alot of sales in the rural sector recently. In fact we’ve sold over [...]
Filed under Property News · Tagged with bare land, houses for sale Gisborne real estate, lifestyle property
Building new is a growing trend
Posted by Neil Walker on October 10, 2011 · Leave a Comment
While the number of houses sold in Gisborne hit an all time low of 79 residential property sales for the 3rd quarter (July – September 2011) the number of residential sections that sold was a record high. There were 14 sections sold. The big mover was the Sponge Bay subdivision with the bulk of the sales [...]
Filed under Market Updates · Tagged with bare land, Gisborne, houses for sale Gisborne real estate, Investing, Real estate, Residential area, Sales
A rare opportunity
Posted by Neil Walker on August 25, 2011 · Leave a Comment
Finding a small lifestyle block to build on can be a challenge in Gisborne. Most sections are either quarter acre or smaller within the city boundary or a hectare or more in the country. 620 Nelson Road is in between. It is half a hectare (5000 sq m) and it is just outside the city [...]
Filed under For Sale · Tagged with bare land, country lifestyle, Gisborne, lifestyle property, sections
Good time to buy a section
Posted by Neil Walker on April 12, 2011 · Leave a Comment
no shortage of subdivisions If you are considering building a residential home in Gisborne, now is a great time to buy a section. While there are plenty to choose from, prices vary considerably. Recently 4 adjacent sections in Kaiti sold for $20,000 each while a site at Wainui Estates overlooking the city went for over [...]
Filed under Property News · Tagged with bare land, Gisborne, houses for sale Gisborne real estate, market value, Real estate, sections
Section sells at auction
Posted by Neil Walker on April 8, 2011 · Leave a Comment
The residential section at 40 Sterling park sold under the hammer yesterday for $88,000. Using an unconventional marketing strategy, the reserve price of $95,000 was published at the commencement of the marketing programme. “In order to avoid speculation and to send a clear message to the market place that the owners wanted to sell, we [...]
Filed under Property News · Tagged with bare land, Gisborne, Residential area
Build new at a fraction of the cost
Posted by Neil Walker on April 5, 2011 · Leave a Comment
Surplus to requirements 40 Sterling Park is a residential section being offered for sale by auction with an incredible reserve of $95,000. Similar Lots are selling around the $150,000 mark. Buy now and use what you save to upgrade the specs on your new home. Hurry, it’s selling this week!
There’s money to be made here
Posted by Neil Walker on June 24, 2010 · Leave a Comment
Bare land this size within the city boundary isn’t available very often. This 1.78ha block in Worsley Street has resource consent for 21 sections. The owners have chosen not to do the development, but everything is in place. Buy now, hold for a while and develop when the market turns. What would you pay for [...]
Filed under For Sale · Tagged with bare land, houses for sale Gisborne real estate, Investing, Real estate, sections
