View online at bayofplentytimes.co.nz/propertyguide
Current to Friday 14th May 2021
Landmark to Landbank
OPEN HOMES – PAGE 3 Available every Friday inside the Bay of Plenty Times and at participating real estate companies. Licensed Real Estate Agents Publication
Marketed by Gail Harris, Harcourts Papamoa Advantage Realty Ltd, MREINZ, Licensed under REAA 2008
PROPERTY OF THE WEEK
Gateway corner to Royal Palm Beach holds captain’s sea view
www.harcourts.co.nz ID: PM5140
By Jo Ferris When Royal Palm Beach was launched as an estate that would pioneer new housing design and lifestyle; tongues started wagging. The front fringe along Papamoa Beach Road was always going to be the estate’s calling card and its ribbon of homes showcase a level of opulence that was envisaged. This corner house on the estate’s gateway set benchmarks for different reasons, however. It wanted to be different in every way possible – from design, materials and sheer dare to stand out from the rest. It might have changed colour in recent years – the white painted exterior covering the natural look of timber. Otherwise, the house remains faithful to its original build. While designed with two tandem garages, one was made into two bedrooms during construction – making ﬁve in total, over all three levels. A wise move, which gives these ground-ﬂoor
rooms ﬂexibility for their use. Naturally, the ensuite master on the top ﬂoor is ordained the best bedroom. It has the biggest space and best view for starters. Sunrise is now winking around the corner from Maketu with the season’s change. Over the coming months, dawn will be gorgeous to wake up to - especially from this captain’s bridge. And bridge it is – this home’s design encapsulates the vision of a seafaring voyage. Balconies on both upper levels hug the front and sides of the house with grandstand spots to step outside from various rooms and bask in the sun. That said, this house doesn’t pretend to be something it’s not. The pole-house styling mixes an eclectic blend of timbers and ideas that come together in a glorious kaleidoscope. It’s fair to suggest this home probably couldn’t be built today – not simply due to the level of native and exotic timber in its construction, but no doubt some of the design features – notably the spiral
stairwell. As the spine and nerve system of the entire house, it’s a focal point. Clad with board and batten, plus shingles outside, timbers inside range from pine to rimu, matai to macrocarpa. This house pays supreme homage to timber – in all its natural form and ways it interacts with the home’s function and ﬂow.
In brief Location:
2 Palm Beach Bvd, Royal Palm Beach, Papamoa
830sqm (approx), front-row corner site, north-facing with ocean outlook to off-shore islands. Built mid 1990s, board and batten construction with shingle and Hinuera stone features. 3 levels, 5 bedrooms, 2 bathrooms (spa-bath bathroom/sep shower/ sep W/C in master; separate shower room and separate W/C). Family living on middle level includes kitchen with macrocarpa breakfast bar, lounge. Outdoor ﬂow from living area and 2 bedrooms to wrap-around balcony on middle level and master bedroom on top ﬂoor. Tandem garage/laundry. Signiﬁcant timber ﬁnish on ﬂoors, ceilings, walls (includes pine, rimu, macrocarpa, matai). Features include pole-style, central spiral stairwell, captain’s wheel, slate ﬂooring in foyer, stained glass doors. Large off-street parking, gardens, garden shed. Walk to beach across road. Near waterway trails, Papamoa Plaza, Fashion Island, bus stops and more.
Auction, May 13, 2021 from 1.30pm, Harcourts Rooms, 1 Third Ave, Tauranga (unless sold prior)
Open home, Saturday and Sunday 2-2.45pm, or by appointment
Gail Harris, Harcourts Papamoa
From the party central point on the middle level, bedrooms feed off either side to allow privacy when it counts and space for various uses. Having ﬁve bedrooms; the house provides obvious ﬂexibility for work – either on the ground ﬂoor or either room sitting off the family hub. This is one of Papamoa’s landmark properties and one of Royal Palm’s key positions. Right now, it’s home to tenants who all adore the place and hope to stay. What will happen come auction time, is anyone’s guess. Either way, No. 2 Palm Beach Boulevard is deﬁnitely a landmark to landbank.
Advantage Realty Ltd, MREINZ, Licensed under REAA 2008 M:
0274 734 255
Bay of Plenty Times PROPERTY GUIDE 3
Saturday 8th & Sunday 9th May 2021 MOUNT MAUNGANUI SATURDAY AUCTION
AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION DEADLINE TENDER BY NEG PBN PBN $1,049,000
4A Sunbrae Gr 12.00-12.30 Property Brokers Papamoa
320B Oceanbeach Rd 11.30-12.00 Harcourts 4A Sunbrae Gr 12.00-12.30 Property Brokers Papamoa 24 Seaspray Dr 12.00-1.00 Ray White Mt Maunganui 25B Ascot Rd 12.15-12.45 Harcourts 1 Fairway Ave 12.45-1.15 Ray White Papamoa 8B Ngamotu Pl 1.00-1.30 Harcourts 83 Denny Hulme Dr 1.00-1.30 Professionals NRG 49-12 Maunganui Rd 2.00-2.45 Harcourts 2B The Mall 2.30-3.00 Professionals NRG 28C Orkney Rd 12.00-12.45 Ray White Mt Maunganui 1-4/18 Marine Pde 1.30-2.30 Ray White Mt Maunganui 11 Campbell Rd 12.00-12.30 Tremains BOP 3-350 Maunganui Rd 1.00-1.30 Harcourts 509-23 Maunganui Rd 1.30-2.00 Harcourts 16A Fairway Ave 1.30-2.00 Ray White Papamoa
AUCTION AUCTION AUCTION $1,049,000
5 Mamaku Rise 11.00-11.30 Property Brokers Papamoa 6 Catalina Key 12.30-1.00 Property Brokers Papamoa 78 Beachwater Dr 1.30-2.00 Property Brokers Papamoa 123 Longview Dr 1.00-1.30 Harcourts
SATURDAY & SUNDAY AUCTION AUCTION
AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION BY NEG BY NEG PBN ENQ OVER $1,600,000 $949,000
33 Te Kio Cres 11.00-11.30 Ray White Papamoa 227 Dickson Rd 12.00-12.30 Harcourts
1 Mida Cl 10.00-10.30 Tremains BOP 2 Mercury Ln 11.00-11.30 Ray White Papamoa 5 Mamaku Rise 11.00-11.30 Property Brokers Papamoa 16 Seabreeze Pl 11.00-11.30 Harcourts 25 Longstead Ave 11.45-12.15 Ray White Papamoa 10 Popata Cl 12.00-12.30 Harcourts 7 Monticello Key 12.00-12.30 Ray White Papamoa 6 Catalina Key 12.30-1.00 Property Brokers Papamoa 80 Cassinia Cl 1.00-1.30 Ray White Papamoa 28 Royal Ascot Dr 1.00-1.30 Property Brokers Papamoa 10B Emerald Pl 1.00-1.30 Tremains BOP 33 Seabreeze Pl 1:00-1:45 Ray White Cherrywood 78 Beachwater Dr 1.30-2.00 Property Brokers Papamoa 78 Topaz Dr 1.30-2.30 Ray White Papamoa 3B Garnet Dr 2.00-2.30 Ray White Papamoa 202 Gravatt Rd 2.00-2.30 Ray White Papamoa 53 Palazzo Dr 2.00-2.30 Ray White Papamoa 60A Simpson Rd 12.00-12.30 Ray White Papamoa 10 Montego Dr 2.00-2.30 Property Brokers Papamoa 4 Harding Dr 11.15-11.45 Harcourts 76 Karewa Pde 2.00-2.45 Tremains BOP 12 El Questro Dr 12.00-12.30 Professionals NRG
AUCTION BY NEG
9 Aria View 3.00-3.30 Harcourts 193R Moffat Rd 1.15-1.45 Ray White Tauranga
CENTRAL CITY SUNDAY
AUCTION 82B Fourth Ave 11.00-11.30 Tremains BOP AUCTION 32 Park St 1.00-1.30 Ray White Tauranga AUCTION 376B Devonport Rd 3.00-3.30 Harcourts BY NEG 3B-6 Park St 3.15 -3.45 Ray White Tauranga OFFERS OVER 9-20 Mayfair St 12.30-1.00 Ray White Tauranga $639,000
GREERTON SATURDAY & SUNDAY
AUCTION 20 Stirling Gr 1.00-1.30 Harcourts DEADLINE SALE 50 Merivale Rd 1.00-1.30 Professionals NRG
SUNDAY AUCTION AUCTION AUCTION
Unit 1, 110 Chadwick Rd 12.00-12.45 Ray White Papamoa 15 Onyx Way 1.00-2.00 Tremains BOP 17 Galway Gr 2.15-2.45 Tremains BOP
GATE PA SUNDAY PBN ENQ OVER $669,000 $524,000
37A Sherson St 12.00-12.30 Harcourts 42A Manson St 2.00-2.30 Professionals NRG 1 Dunkirk St 1.00-1.30 Harcourts
KATIKATI SUNDAY AUCTION TENDER
186 Park Rd 2.00-3.00 Tremains BOP 114 Busby Rd 11.00-1.00 Property Brokers Papamoa
114 Busby Rd 11.00-1.00 Property Brokers Papamoa
OHAUITI SATURDAY & SUNDAY TENDER
23 Damien Pl 1.00-2.00 Harcourts
22 Kirk Lane 12.30-1.00 Tremains BOP
20 Ruba Way 1.15-1.45 Tremains BOP
19B Wickham Pl 11.00-11.30 Ray White Tauranga
OFFERS OVER 48B Wickham Pl 11.45-12.15 Ray White Tauranga $649,000
OUT OF TOWN SATURDAY & SUNDAY AUCTION
30A Holland St, Rotorua 12.00-1.00 Property Brokers Papamoa
DEADLINE SALE 82A Dillon St, Waihi Beach 1.00-2.00 Professionals NRG $885,000
8 Arawa Rd, Pongakawa 1.30-2.15 Harcourts
93 Stewart Rd, Whakamarama 1.00-2.00 PGG Wrightson
1272 Omanawa Rd, Omanawa 2.30-3.00 Sotheby’s BOP
230 Old Highway, Whakamarama 1.30-2.00 First National Bethlehem
30A Holland St, Rotorua 3.30-4.30 Property Brokers Papamoa
25 Annandale Dr 11.00-11.30 Tremains BOP
137 Penetaka Hghts 10.00-10.30 Tremains BOP
AUCTION $1,297,000 $1,290,000
3 Ranui St 12.00-1.00 Harcourts 147 Manuwai Dr 12.00-12.30 Sotheby’s BOP 7 Acacia Pl 3.15-3.45 Harcourts 50A Levers Rd 2.30-3.00 Harcourts
MAUNGATAPU SUNDAY AUCTION AUCTION
239A Maungatapu Rd 1.00-1.45 Harcourts 7 Egret Ave 2.00-2.30 Tremains BOP
OTUMOETAI SATURDAY & SUNDAY
AUCTION AUCTION BY NEG
AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION AUCTION $1,095,000 $929,000 $590,000 BY NEG
11 Shelley St 12.30-1.30 Harcourts 27 Brookﬁeld Tce 1.00-2.00 Harcourts 87A Ngatai Rd 2.00-2.30 Professionals NRG
41 Seaway Tce 11.30-12.00 Tremains BOP 3 Aubrey Way 12.00-12.30 Harcourts 176A Otumoetai Rd 12.00-12.30 Harcourts 25 Glen Tce 12.45-1.15 Ray White Tauranga 509 Otumoetai Rd 1.00-2.00 Harcourts 1 Lemon Grove Ave 1.30-2.00 Harcourts 172 Otumoetai Rd 1.30-2.00 Ray White Tauranga 94B Kulim Ave 2.15-3.00 Ray White Tauranga 26C Western Rd 2.00-2.30 Harcourts 44B Brookﬁeld Tce 2.00-2.30 Harcourts 3-31 Kulim Ave 11.00-11.30 Tremains BOP
11 Shelley St 2.30-3.30 Harcourts
AUCTION 1 Owen Pl 1.00-1.30 Harcourts DEADLINE SALE 38 Holyoake Tce 11.30-12.15 Tremains BOP
15 Puhirake Cres 10.00-10.30 Tremains BOP
12 Cowell Cres 10.45-11.15 Tremains BOP
37 Teal Pl 12.00-12.30 Harcourts
25 Annandale Dr 12.00-12.30 Tremains BOP
61 Goodwin Cres 11.30-12.00 Tremains BOP
3 Hinton Pl 12.00-12.30 Harcourts
ENQ OVER $949,000
5 Tawhiri View 1.00-1.30 Tremains BOP
TE PUKE SATURDAY AUCTION
5 Moehau St 10.00-10.30 First National Te Puke
4 Milsom Pl 12.00-12.30 Property Brokers Papamoa
16A Stewart St 1.00-1.30 First National Te Puke
5 Moehau St 2.30-3.00 First National Te Puke
3 Moehau St 10.45-11.15 First National Te Puke
3A Edgehill Pl 11.30-12.00 First National Te Puke
3 Moehau St 1.45-2.15 First National Te Puke
4 Milsom Pl 12.00-12.30 Property Brokers Papamoa
12 Tynan St 1.00-1.45 Harcourts
53 Tynan St 2:30-3:00 Ray White Cherrywood
76A Cameron Rd 11.00-11.30 Harcourts
WELCOME BAY SUNDAY AUCTION
31 Village Park Dr 11.00-11.30 Ray White Tauranga
23 Talbot Pl 11.45-12.15 Ray White Tauranga
87B James Cook Dr 12.45-1.15 Harcourts
8 Whitby Pl 12.15-12.45 Tremains BOP
46 Ballintoy Park Dr 1.00-1.30 Tremains BOP
6 Lorrigan Way 12.00-12.30 First National Bethlehem
5 Ashton Way 12.00-12.30 Ray White Tauranga
4 Bay of Plenty Times PROPERTY GUIDE
alone in every way. That is right no sharing washing machines and laundry tubs, the little ﬂat has all the facilities to be a little gold mine.
If big sheds are on your radar then this property will more than meet your expectations, large and in great condition.
So, to re-cap
3-bedroom home in good order
The growing areas are well laid out, and the aesthetics of the orchard are easy on the eye. At the bottom
Large standalone garage
TYRONE IS THE ADDRESS, AND IT HAS OPTIONS.
10 Tyrone is on offer, this is for sale by auction. A property with options as good as this, is a must see for anyone looking to invest and hold or buy live and enjoy. The three-bedroom home is in great condition and maintained to a very high standard and would be a comfortable home for a new owner.
The upsides are plentiful on this property, a large shed for the vehicles and or projects and hobbies. The garage is sited at the rear of the section and is next to the crown jewel of the property. The jewel in the crown is the independent open plan ﬂat in the rear corner of the property, this ﬂat is stand
Independent ﬂat for extended family or a tenant. Possible income to help with debt servicing. The location a stone throw from banks, shops, medical providers, and the well – known Green Park School. A short walk to the village of Greerton and located for easy commutes to the Tauranga CBD. This location is only minutes from bus routes to most Tauranga locations. A great opportunity for anyone wanting an outstanding start on the property ladder. Own this when the hammer falls at auction on the 28th of April, 1pm at the Blaze Realty Ofﬁce (269 Cameron Road, Tauranga) Open homes as advertised plus viewing by appointment.
Licenced Under REAA 2008
PRODUCTION, LOCATION AND INCOME
31 Old Highway Orchard
Join the revolution that is horticulture in the Bay of
of the property is an area by a stream to reﬂect on a hard day’s work or to ponder the next plan for this property. So, you want to build a home, no worries with that, more than enough room for a new build.
Plenty, here is a great property to get you started or
Just over two hectares in kiwifruit and 86 avocado
increase your portfolio.
trees in total including some new pollinators.
The property has both industry bubbles with wellestablished avocado plantings and mature green kiwifruit.
The total area is approximately 6 Hectares and located in the well known Pahoia growing area. No time to waste as this orchard will generate high enquiry. Fancy photos and scripts do not do justice to an outstanding
The options are plentiful here, go red, go gold or stay
parcel of land. A viewing will introduce you to 31 Old
as you are and bank the current income levels.
Highway a must to view..
Price by Negotiation
Ph: 027 578 3899 www.blazerealty.co.nz
Ph: 027 578 3899 www.blazerealty.co.nz
LICENSED SALES CONSULTANT MREINZ
LICENSED SALES CONSULTANT MREINZ
blocks and structures capable of carrying the weight of large crops across all varieties in the orchard. The orchard boasts several varieties,
Licenced Under REAA 2008
KIWIFRUIT INVESTMENT WITH THE TWO BIG REQUIREMENTS Mohaka Orchard
Yes, that is correct the two big items for strong investment. Large scale growing areas and major water uplift, both these are on offer here. The property is set above the Mohaka river and was established to be a large stand-alone orchard, when the construction started detail was given to drainage and shelter systems. The orchard has well laid out
• • • • •
Gold G3 19.79 Hectares G14 Green 6.9 Hectares Hayward 10.78 Hectares Bruno root stock and Tomua 1.7 canopy Hectares Red, yes a splash of the new red.
All the areas of each variety can be conﬁrmed by GPS mapping and or licence approval. In recent times an area of accommodation has been established with covered dinning and laundry facilities. The property is easy to travel across and operate despite the large area in production, investment has been made in good protection around frost events. The orchard has large scale water storage that is easily replenished from the water allocations in place. Sheds a plenty to store and maintain good machinery. Some would say it is a little away from the kiwifruit heartland, but I say transport is cheap when the scale is big. Contact me today for information on this property nestled just above the mighty MOHAKA river.
Licenced Under REAA 2008 Bay born, Bay bred! I am a fourth
have passed the new standards set by the
generation Katikati boy with vast local
REAA2008. This training has equipped
knowledge and a passion for the western
me with the knowledge I require to best
bay. I am fortunate to have grown up in
deliver a high standard of service to
a family of builders spanning generations
my clients. I realise purchasing/selling a
in the Katikati area, which at times gives
property and shifting your family can be a
me historical knowledge second to none.
stressful time, this is why I have chosen to
After leaving school I have been closely
specialise in rural and lifestyle sales.
associated with the transport industry and the agricultural industry, completing
Price by Negotiation
an Advanced Trade Certiﬁcate in Farm Business Management in 1993. I have then gone on to manage and oversee a range of farms in the Bay of Plenty/Waikato area.
I can not only offer a professional sales service to my clients, but also a wealth of experience in rural New Zealand. If you are contemplating buying or selling residential, rural and lifestyle land in the bay of plenty, call the local
The decision to take up real estate
agent with the
seemed a natural ﬁt with a passion for
people and an afﬁnity with the land. I am amongst a group of new sales people that
Ph: 027 578 3899 www.blazerealty.co.nz
Ph: 027 578 3899 Email: email@example.com www.blazerealty.co.nz
LICENSED SALES CONSULTANT MREINZ
LICENSED SALES CONSULTANT MREINZ
Blueprint MT MAUNGANUI | TAURANGA | PAPAMOA | TE PUKE TALK TO HARCOURTS NOW OR VISIT WWW.HARCOURTS.CO.NZ
CURRENT TO FRIDAY 14TH MAY 2021
MATUA 147 Manuwai Drive It's Manuwai Drive Matua!
A privileged position awaits you at the top end of Manuwai Drive. The large Matua family home has had an extensive and tasteful renovation on the inside and out five years ago. An ideal opportunity for growing families who wish to make the most of this wonderful location. Set on a freehold title and surrounded by other high quality homes. Astute buyers will know just how good this location is. Adjacent to the driveway is access down to the inner harbour with the home having three car garaging and off street parking for a boat and camper. There is loads of storage as well as a covered carport. The right set up for housing all those toys for enjoying everything this magical position has to offer. Opposite the entrance to the drive is a reserve where the family can enjoy some play time. The home offers four spacious bedrooms as well as two living areas. Great peace of mind knowing that there is separation for rest and relaxation.
AUCTION: 1:00 p.m. Thursday 27 May 2021, Level 1, 51 The Strand, Tauranga
Each office is independently owned and operated. NZSIR BOP Limited (licensed under the REAA 2008) MREINZ
751 sq m
VIEW: nzsothebysrealty.com/NTTG00638 Open Home: 12:00 - 12:30 p.m. Sunday 9 May 2021 and 12:00 - 12:30 p.m. Sunday 16 May 2021 or view by appointment CHRIS PRINGLE: M 021 750 689 firstname.lastname@example.org
EN FRE N Q EH O U O W IR L IE D SE S TO L AB W L O N IN VE H G $6 OU 90 SE ,0 S 00
14 Bay of Plenty Times PROPERTY GUIDE
T H E U LT I M AT E CO N V E N I E N C E L I F E S T Y L E
T H E U LT I M AT A E CO N V E N I E N C E L I F E S T Y L E I N T H E H E A RT R O F G R E E RTO R ON Sale by Tender (unless sold prior) Close date May 20th 2021, 1.00pm Tremains Real Estate 411 Cameron Road Tauranga
To find out more contact us today: Richard Graham
M: +64 21 880 454 | email@example.com
M: +64 21 125 2745 | firstname.lastname@example.org
Tremain Real Estate BOP Limited Licensed Real Estate Agent REAA 2008
186 Park Road Idyllic - 1,145sqm setting Set on an expansive 1,145sqm section with established grounds, all day sun and gorgeous water views. This spacious family home is ideally positioned to enjoy lovely walks and access to the water is close by. On the ground floor, is a large, studio rumpus room with facilities (giving options for family or to work from home). There is the bonus of a second garage nestled into the garden, parking for a camper and room to add a cottage if desired.
Suburb: Katikati Price: Auction Wednesday 19 May, 2021 at 2:00pm held at Tremains Tauranga (unless sold prior) View: Sun 9th & Sun 16th 2pm-3pm Web ID: KK01879 Angela Fowler M 027 220 8992 D 07 549 3102 E email@example.com
25 Annandale Drive A Place To Call Home! Position yourself and your family in one of the most popular and fastest growing suburbs in Tauranga - PYES PA! Conveniently located with easy access to all levels of schooling, the Greerton Shopping Centre, and of course, Tauriko's renowned - "The Crossing" shopping centre, the gateway to "The Lakes" subdivision, and just off the intersection of Highway 29 and Takitimu Drive, all only a few minutes drive away.
e Welcome Kane Tebby to the Tremains Papamoa team! Kane Tebby is an extremely enthusiastic, motivated, and passionate person who has great conﬁdence in dealing with people. With over 12 years of living in the bay Kane has a great understanding of the area.
M 027 333 2841 firstname.lastname@example.org @kanetebbyrealestate Tremain Real Estate BOP Limited Licensed REAA 2008
Tremain Real Estate BOP Ltd Licensed Real Estate Agent REAA 2008
Suburb: Pyes Pa Price: Auction Auction on Wednesday 19 May 2021 at 2pm to be held at Tremains Tauranga (unless sold prior) View: Sat 8th 11am-11:30am & Sun 9th 12pm-12:30pm Web ID: TG01886 Barry Fredheim M 027 4755 772 D 07 578 3129 E email@example.com
We are still buzzing from the success of The Home of Hope charity dinner. Check out the event video through the QR code below.
Craig Hutcheson 027 477 7016
Taylor Parbery 021 842 555
Blair Cashmore 027 471 1519
Kirsty Cashmore 027 268 8003
07 899 4060 · firstname.lastname@example.org · cashmores.nz Licensed under the REAA 2008
Ashford Holloway 027 425 3304
14a Langstone Street, Welcome Bay 2 Bed • 1 Bath • 1 Car • 39sqm Home
Craig Hutcheson • 027 477 7016 • email@example.com
110 Fourth Avenue, Tauranga
3 Bed • 1 Bath • 2 Car • 165sqm Home • 502m2 Land Kirsty Cashmore • 027 268 8003 • firstname.lastname@example.org Blair Cashmore • 027 471 1519 • email@example.com
Darryn & Natasha Papamoa 6 Catalina Key Auction
Family Treasure Trove.
Well appointed in one of Papamoa's most sought after locations awaits a magnificent premium residence that really does deserve your inspection. A superb design with generous dimensions. Offering five large bedrooms, three living areas including a formal lounge, a hostess kitchen and an effortless indoor / outdoor flow to the generous fully fenced backyard, that is just perfect for kids, pets and a game of back yard cricket.
Auction 5.00pm, Thu 20th May, 2021, (unless sold prior), Onsite - 6 Catalina Key, Papamoa View Sat 8 May 12.30 - 1.00pm Sun 9 May 12.30 - 1.00pm Web pb.co.nz/PPU86826 Darryn Laskey AREINZ M 021 647 420 E firstname.lastname@example.org Natasha Laskey M 021 947 346
Papamoa 78 Beachwater Drive Auction
Resort Style Lifestyle. An awe-inspiring premium residence awaits the buyer seeking a truly special place to call home. Enviable In so many ways this generous 5-bedroom residence offers various living arrangements as one or use the guest wing as separate accommodation for family or even Air B&B. The well-appointed living areas flow effortlessly to the extensive outdoor living complete with inground pool and BBQ area. Located in one of Papamoa's most sought after locations really does add to the value on offer here today. Make no mistake this fantastic home offers luxury, elegance, great value and is sure to be well received.
Auction 5.00pm, Tue 18th May, 2021, (unless sold prior), Onsite - 78 Beachwater Drive, Papamoa View Sat 8 May 1.30 - 2.00pm Sun 9 May 1.30 - 2.00pm Web pb.co.nz/PPU87304 Darryn Laskey AREINZ M 021 647 420 E email@example.com Natasha Laskey M 021 947 346
Property Brokers Ltd Licensed REAA 2008 | pb.co.nz
E firstname.lastname@example.org Proud to be here
Tim & Brooke Mount Maunganui 4A Sunbrae Grove Auction
Opportunity. Location. Lifestyle. Beautifully renovated throughout, with the beach at your fingertips and the huge bonus of accommodation for extended family or Airbnb - this is a dream come true. Setting the scene for a lifestyle like no other, is 4a Sunbrae Grove, Mount Maunganui. From the moment you arrive at this stunning 292m2 home, all the things to fall in love with are evident. From the light-filled open plan living areas to the double glazing throughout. Downstairs there are 2 generous sized double bedrooms, a bathroom, separate laundry & the convenience of a carpeted double internal access garage. There is also a fantastic lounge and kitchen space to fall in love with. Moving upstairs, you have sun-drenched living and a beautifully designed modern kitchen. Adjoining this gorgeous space are another 2 spacious bedrooms, including the master with ensuite & the deluxe family bathroom. Multiple ranch sliders off the main living area open out onto the scenic balcony, perfect for soaking up all day sun. There is plenty of storage throughout, with the bonus of a lift for added convenience. Proudly sitting over 430m2, this home is substantial in its makeup and hard not to fall in love with. Property Brokers Ltd Licensed REAA 2008 | pb.co.nz
Auction 4.30pm, Wed 19th May, 2021, (unless sold prior), Onsite - 4a Sunbrae Grove, Mount Maunganui View Sat 8 May 12.00 - 12.30pm Sun 9 May 12.00 - 12.30pm Web pb.co.nz/PPU85720
Tim Short M 027 631 0446 E email@example.com Brooke Robertson M 027 587 0795 E firstname.lastname@example.org Proud to be here
Katikati 114 Busby Road Tender
A compelling reason to explore the options. 234 Hectare self-contained dairy unit with approximately 70 hectares of suitable horticulture land in 5 titles provides options. 385 cows have produced up to 146000.kg.ms with a low input farming system. The property has a good infrastructure level with a modern 40 aside HB dairy shed - Two homes and a single man's quarters - Calf sheds and implement sheds. An ideal property to convert the front of the farm to horticulture whilst retaining the balance as a Dairy unit or pursue the reconfiguration of titles to create lifestyle blocks with spectacular views across the Katikati estuary Motiti Island and Mount Maunganui. To be sold on a walk-in walk-out basis with Livestock and plant and machinery available.
Tender closes Wednesday 9th June, 2021 at 2.00pm, (unless sold prior), Farmlands Te Puna View Sun 9 May 11.00 - 1.00pm Tue 11 May 11.00 - 1.00pm Web pb.co.nz/TNR86272 Eddie McDermott M 027 488 8154 E email@example.com Ian Morgan M 027 492 5878 E firstname.lastname@example.org Sienna Coombes M 020 404 50456 E email@example.com
Grab a FREE property appraisal between 1 May and 13 June 2021, and you’re in the draw to win* free groceries for a whole year worth $15,000! Go on to list your property for sale and double your chances to win. For specialist property advice that could lead to great things, talk to us today 0800 367 5263 or visit pb.co.nz/freefood *Terms and Conditions apply
Property Brokers Ltd Licensed REAA 2008 | pb.co.nz
Proud to be here
Bay of Plenty Times PROPERTY GUIDE 23
Have you considered real estate as a career option?
Property Brokers Rural and Lifestyle team are looking to develop the next generation of real estate specialists. We have placements available to join our specialist Bay of Plenty and Waikato teams. These teams have a big ambition to grow their share of the market. The position will be supported by specialist training and mentoring. If you want to learn from some of best, create your own business and contribute to the growth of provincial NZ please apply. In the ﬁrst instance send your curriculum vitae or inquiry to | firstname.lastname@example.org
pb.co.nz Property Brokers Ltd Licensed REAA 2008 PB049078
24 Bay of Plenty Times PROPERTY GUIDE
Be Property Prepared
THE DUKE AND DUCHESS 230 Old Highway, Whakamarama Deadline Sale (Unless sold prior) www.oneroof.co.nz/1580780 6
CROWN JEWEL OF MOUNT MAUNGANUI 1-4/18 Marine Parade, Mount Maunganui Tender ww.oneroof.co.nz/1580833 11
LIVE THE KIWI DREAM 1272 Omanawa Road, Omanawa Action 13 May 2021 13:00 www.oneroof.co.nz/1579452 4
TUI ON TYNAN 12 Tynan St, Te Puke Action 13 May 2021 14:00 www.oneroof.co.nz/1580488 2
IDYLLIC 1,145SQM SETTING WITH BEAUTIFUL VIEWS 186 Park Road, Katikati Auction 19 May 2021 14:00 www.oneroof.co.nz/1580952 3
A SLICE OF PARADISE ON GOLDEN MILE 2B The Mall, Mount Maunganui Action 18 May 2021 12:00 www.oneroof.co.nz/1580233 3
GEOTHERMAL LIVING, WITH LOCALITY 30 Holland Street, Rotorua Action 26 May 2021 13:00 www.oneroof.co.nz/1581863 2
DO-UP, CLOSE TO CENTRAL GREERTON 8B Lincoln Terrace, Gate Pa By Negotiation www.oneroof.co.nz/1579114 1
LIKE NEW ON THE RESERVE 36 Batty Street, Papamoa Negotiation www.oneroof.co.nz/1579319
CHARACTER THREE BEDS + TWO BATHS + SLEEPOUT 25 Glenn Terrace, Otumoetai Auction 27 May 2021 11:00 www.oneroof.co.nz/1583175 3
Bay of Plenty Times PROPERTY GUIDE 25
PLANNING A MOVE IN 2021? Crafting dreams into Reality an Call All , ree for a F ion gat no obli today te estima
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26 Bay of Plenty Times PROPERTY GUIDE
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How bridging loans can catch out home buyers Upgrading to a new house before you sell the old one requires some careful planning with your lenders. Photo / Fiona Goodall COMMENT: With the new 60% Loan to Value Ratio (LVR) limits and tax changes practically in place for investment properties, homeowners are investigating upgrading their homes instead of buying investment properties. Due to the lack of stock, some buyers are wanting to make sure they lock in a new home prior to selling their previous home, ﬁnanced using a product called a Bridging Loan. The most common scenario for a bridging loan is for someone who is looking to upgrade to a new home but won’t have sold their current home before settling on the new property. Prior to the LVR restrictions, a bank could lend 80% against the current home and 80% against the new home. If the borrower couldn’t sell their old home, the worst outcome would be having to rent out one of the homes (making it an investment property). But now that the maximum someone can borrow against an existing investment property is 60%, this type of deal is more likely to be done as a bridging loan. There are two types of bridging loans and it all comes down to if you know the settlement date of your existing home - the one you are selling. Let’s say you know your current home is settling on August 1 but your new home is going to be settled a month prior, on July 1. This is a closed-bridge deal because both dates are set in place. Closed bridges are reasonably easy to ﬁnance if you have enough equity. It’s low risk to the bank, even if your income isn’t quite enough to pay the entire mortgage for that crossover period, because the
bank knows exactly when this short-term loan is going to end. The second type, an openbridge, is when you know the settlement date of your new home and have the intent to sell, but not the ﬁnalised settlement date of your current home’s sale. For obvious reasons, this is a much higher risk to the bank because if the market slows down over the next few months, it may be difﬁcult or impossible to sell your existing home. As I mentioned earlier, it would have been possible in the past to rent out your previous home as an investment property. However these days this could mean the bank has breached the LVR restrictions which comes with heavy penalties. Open bridging loans are therefore a little trickier to ﬁnance particularly around the 70%-80% LVR level. A word of caution here. Telling the bank you have the intent to sell when you don’t is likely to land you in a whole heap of inescapable legal issues. Don’t be tempted to use an open bridging loan as a way to get around the investment property LVR rules. If you plan to make use of a bridging loan (ie; buy a new home before you sell your existing home) there are a number of things to decide. Firstly, what is the lowest price you will sell your current home for? Is that realistic? Can you buy your next home with the proceeds from that sale (ie; are the houses you’re looking at buying in your price range)? Can you list your property and ask for an extended settlement date, thereby taking the pressure off you ﬁnding a home and “shortening your bridge”. Next, with numbers in hand, start
Upgrading to a new house before you sell the old one requires some careful planning with your lenders.
looking for ﬁnance pre-approval. It is best to start with the easiest ﬁnance option and work your way down the list to the more expensive options. The easiest option is if you have enough equity that you could purchase the new home and, in the worst case scenario of not being able to sell the previous home, rent it out as an investment property. In this instance, you aren’t using a bridging loan but presenting the bank with an acceptable worst case scenario. If that scenario doesn’t work, begin investigating a bridging option with a main bank. If that doesn’t work, there are a number of options with non-bank lenders. Non-bank lenders are more expensive than main bank lenders but most people who use them view the expense as a cost of getting their dream home. In other words, if you could buy your dream house for $1.5m, would you walk away at $1.52m? If not, then the additional $20k of bridging expenses is just the
Photo / Fiona Goodall
price of your upgrade. Equity plays a big part in most bridging ﬁnance deals as lenders don’t like to go much above 80% on your properties. Most people need 100% of the purchase price of the new home so, if you’re upgrading, you’ll likely need to be at less than 60% LVR on your existing home before you start (that is, have more than 40% equity in your home). Fortunately, anyone who has owned a property for more than a month has probably seen some capital growth. Now is the time to make use of it. Using a bridging loan can come with additional costs and can sometimes involve working with a couple of lenders. But it also allows you to purchase before you’ve sold your home, which opens up your options. Don’t dismiss it as an option if you’re looking to upgrade in this market. - Rupert Gough is the founder and CEO of Mortgage Lab and author of The Successful First Home Buyer.
Bay of Plenty Times PROPERTY GUIDE 27
RURAL | LIFESTYLE | RESIDENTIAL
Do Life Here! • • •
Four bedroom home and a one bedroom Lockwood cottage on 9259m² of land Two bay detached shed, grazing paddocks, existing fruit and veggie plantings Bore water, amazing views and private
VIEW By Appointment Only Anton Terblanche M 021 324 702
Two Million Nuggets of Gold This 2021 G3 SunGold kiwifruit crop is included in the sale. 3.51 can ha at 18,300 trays/ha and a good size equates to around two million kiwifruit. Half of the orchard is fully covered. The balance is well sheltered, tidy ag beam structures throughout. Large, three bedroom home had a major makeover in 2019 with new kitchen and large, covered, north facing atrium style living. Three good sheds centrally located around a big load out area. Exclusive use driveway on the northern side of Woodland Road. Low altitude and 5km to Katikati town. Orchard manager rents house and would love to stay on.
PRICE BY NEGOTIATION Plus GST (if any)
VIEW By Appointment Only
Amazing entry level lifestyle now available
Andrew Fowler M 027 275 2244 E email@example.com
• • • •
Three bedroom cottage with lots of character Detached double garage with sleepout/office Two bay equipment shed 2.95ha of land with some horticulture potential, grazing, disused horse arena
ENQUIRIES OVER $1.24M GST Inclusive
VIEW By Appointment Only Anton Terblanche M 021 324 702
11100sqm Lifestyle Land in The Lakes!
No Covenants. Views. Location.
Location. Lifestyle. Potential.
Options A Plenty
ENQUIRIES OVER $1.8M
PRICE BY NEGOTIATION GST Inclusive VIEW By Appointment Only
Anton Terblanche | M 021 324 702
$690,000 GST Inclusive VIEW By Appointment Only Anton Terblanche | M 021 324 702
Amanda Edwards | M 027 463 3502
Within Rexford Heights, at the end of this quiet cul-desac, you will find a hidden lifestyle gem on 11000m². Bordering a lifestyle zone to the east and with lake and Kaimai Range views to the west. GST Inclusive VIEW By Appointment Only
Anton Terblanche | M 021 324 702 pggwre.co.nz/TAR33949
3632m² north facing Minden Road section, unrestricted views towards Mayor Island, Mount Maunganui, Matakana Island and Kaimai Ranges. No restrictive covenants. Services handy to boundary.
Manawahe Forestry Block
Complete Investment Package - The Lodge
Outstanding opportunity to secure a thriving freehold business, situated on SH 33, consented to accommodate 116 occupants. Plus large residence, offices and four motel type units.
Rural views, great fishing nearby, walk to Whakatane River. Potential to grow organic fruit and veggies. A beautiful weather-board home with 3 bedrooms and modern kitchen. Two large half round barns.
ROTOMA This 68.265ha property is a great investment. 43.7ha of established pine planted in 2010. The trees had their 6M prune so nothing to do but sit back and wait. There are 1000 Douglas Fir trees and 1000 Macrocarpa trees.
PUKEHINA 107.1830ha total land area, 20ha approx potential horticulture land, 54ha grazing contourable for further horticulture, 33ha pine trees, two sets of yards, water right with unrestricted flow, three barns. Must view to see the diversity potential. PRICE BY NEGOTIATION Plus GST (if any) VIEW By Appointment Only
93 Stewart Road
Plus GST (if any) VIEW By Appointment Only
TENDER Plus GST (if any) (Unless Sold By Private Treaty)
Ben Nottingham | M 028 411 4098
Closes 4.00pm, Thurs 13 May
This spacious country home is situated in a prime location between Katikati and Tauranga. The setting is private and peaceful and overlooks your own piece of paradise 1.7111ha. The home lies perfectly north for optimum sun and shelter from any prevailing weather. Extras including two car garaging plus a self-contained studio apartment.
Stan Robb | M 027 473 9322
PRICE BY NEGOTIATION
PGG Wrightson Real Estate Limited, licensed under REAA 2008
GST Inclusive (Unless Sold Prior) 11.00am, Friday 14 May
VIEW 1.00-2.00pm, Sunday 9 May Sue McNeil M 021 748 200 E firstname.lastname@example.org
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