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ISSUE 113 12th JULY 2018



















1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 GOLD AUCTION DAYS

21 22 23 24 25 26 27 28 29 30 31

JOHN MCFADDEN Business Owner Harcourts Gold AREINZ

LYNETTE MCFADDEN Business Owner Harcourts Gold AREINZ

CAMERON BAILEY Business Owner Harcourts Gold & Sales Consultant




Market Comment




Welcome to the JULY edition of Reside magazine With winter upon us it’s actually a perfect time to consider selling. The low number of properties currently for sale means you can stand out and potentially achieve a better price.


Talk to any of the team today if you want to know more.


Auction Bid Sheet

Gold Chat

Conduct of Auction

Upcoming Auctions





JULY 12th 2018 From 10:00 am 01 14 Springbank Street, Bryndwr 02 6 Punga Lane, Parklands 03 303 Waimairi Road, Ilam 04 15A Tomes Road, Papanui 05 398a & 398b Bower Avenue, Parklands

BEN DEANS - AUCTIONEER With a rural background and as a graduate of the University of Canterbury, Ben has strong local knowledge. His time as a sales consultant has forged his negotiation skills and given him experience guiding sellers through auctioning their properties, while also helping buyers successfully purchase. Ben as your auctioneer will be an advocate of your property, working tirelessly to ensure information that allows sound property decisions to be made is in your hands.





As a born and raised Cantabrian, the opportunity to join the Harcourts Gold auction team in 2017 proved irresistible. Tim’s innate empathy and ability to build rapport with those he engages, his constant refinement of skills and his ability to negotiate naturally, combine effectively to assure you of the best possible outcome when you auction. Whilst numbers are critical to an auctioneer, quality of care and service to vendor clients is Tim’s driving force.


is where love resides memories are created, friends and family belong, and laughter never ends.


14 Springbank Street, Bryndwr

From 10:00 am

Sturdy Renovated Classic • Recent renovations have given this practical, low-maintenance brick build fabulous modern appeal in a popular, established neighbourhood. Stylish updates have resulted in an elegant indoor living space that is complemented by landscaped grounds, inviting year-round enjoyment. Just five minutes’ walk from Wairakei School, it’s zoned for Cobham Intermediate and Burnside High, with Jellie Park gym and pool, supermarket and other amenities all just moments away. • An inviting open-plan living and dining space is light-filled, with French doors that flow to a sunny north-facing patio, providing ample opportunity for entertaining friends and family in comfort and style. The contemporary kitchen features a breakfast bar, chic waterfall bench and excellent storage. Three double bedrooms share a smart, tiled bathroom, and there’s a separate laundry for convenience. Outside, the manicured garden features easy-care plantings and a private outdoor entertaining space, facing west for afternoon sun. There’s also a double garage and plenty of room for off-street parking.

Cameron Bailey & Brendan Hart

• Don’t miss the opportunity to live and entertain in this solid and stylishly renovated home.


FOR YOUR REFERENCE. SALE PRICE $...........................................


6 Punga Lane, Parklands It’s a Choice Location...


• ... why would you choose to live anywhere else? • Located in a private cul-de-sac this 4-bedroom, 2-bathroom family home is sited on a north-facing easycare section in the heart of the city’s recreational playground. Just minutes to Bottle Lake Forest, the beach, a choice of local golf courses and the myriad of parks and reserves that NE Christchurch has to offer. • The interior has been freshly painted and the dwelling and section well maintained. The separate living area and master bedroom both open to concrete patio areas, and there is also a hard surface service area at the rear of the home with raised vegetable gardens. Open-plan kitchen/dining with a central island makes entertaining or family living easy, and the convenience of a full bathroom plus ensuite will be appreciated. The bedrooms are all generously sized. Climate control is provided with an ultra-low emission woodburner, heatpump, and heat transfer system. • There is ample off-street parking on the forecourt in front of the double internal-access garage plus additional guest parking in a dedicated parking bay on the street. • The owner has definite plans which include relocation and a SOLD sign at the gate is an integral part of that process.

FOR YOUR REFERENCE. SALE PRICE $...........................................


303 Waimairi Road, Ilam End Of The Affair: Owner Must Sell • Having lavished care and attention on this much-loved family home for nearly 40 years, the owner must now downsize and sell. Presented in immaculate condition, with all EQC repairs complete, this is a wonderfully comfortable property - though there is room for savvy purchasers to add their own touch (and add value!) in a sought-after neighbourhood. In zone for Merrin School, Westburn School and Burnside High - and handy to all three - it is just two minutes to Avonhead Mall, five minutes to Jellie Park pool and gym, or five minutes to the airport. • An elevated north-facing aspect ensures the interconnected living spaces are light and sunny, with an enchanting, leafy outlook. A spacious lounge flows to living and dining, where sliders open to a sheltered deck for easy indoor-outdoor relaxing and entertaining. The adjoining kitchen also opens to the deck, and is well equipped with two sinks, an island breakfast bar and generous storage. Four bedrooms are served by two bathrooms, and a triple internal-access garage with office, plus separate laundry, add practicality. • A diesel central-heating system warms the home in cooler months, while direct access from deck to garden allows for full enjoyment of the beautifully landscaped 706m² grounds.

Leeann Marriott PAPANUI

FOR YOUR REFERENCE. SALE PRICE $...........................................


15A Tomes Road, Papanui Sun, Style, Space - Superb! • Poised on a private rear section (636m2) and accessed through a secure electric gate, this contemporary two-storey stunner (285m2) built in 2009 has the location, the living spaces, the functional features and the four car garaging (two doubles!). If future-proof family living is what you want, here it is. • This warm and welcoming family dream offers high-quality functionality as well as fantastic flow. Inside, four double bedrooms (downstairs master with walk-in robe, ensuite and doors out to a private deck), two well-appointed modern bathrooms and three toilets provide ample accommodation options, while the expansive open plan layout with adjoining separate lounge offer effortless living.

Mary Turnbull PAPANUI

• The open plan area encompasses a beautifully modern kitchen with granite benchtops that’s ready and waiting for the family chef. The living and dining areas enjoy floods of natural light thanks to the property’s ample double-glazed windows and a large bi-folding door. Extending the living space further is the interconnecting formal lounge, which can also be used as a movie room with the projector, screen and speakers already in place.

FOR YOUR REFERENCE. SALE PRICE $...........................................

Terms and Conditions apply, please see our Facebook post for more information.


398a & 398b Bower Avenue, Parklands Sharp investment - ‘As is, Where is’ • Two attached units sharing 890sqm on TC3 land to be sold together. • Each unit being a 1980’s build, has 3 bedrooms, 1-bathroom, separate toilet and separate laundry, spacious living, original kitchens. Both have an internal access single garage and unit B also has a carport. • Very private north facing sites, each unit has a great backyard, and unit A has a large deck and garden shed. • Both currently tenanted to fixed term tenants returning $620 per week. Do the sums, this is an exciting opportunity. • Selling on an as is where is basis, currently uninsured, there will be no transfer of EQC or insurance claims. • The owner is cashing up to pursue other ventures, extremely realistic and ready to meet the market.

Debbie Gordon REDWOOD

FOR YOUR REFERENCE. SALE PRICE $...........................................

! N I W

we have four

taiora QEII family passes to give away!

Visit your local Harcourts gold Parklands or New Brighton facebook page for more details


Market Comment “..Results for May tell us there were 657 residential sales in Christchurch city, the median price was $457,500 and the average days on the market was 35 .“




Traditionally as we head into winter we expect the headlines and market comments to be all about a market hunkering down during the colder months, but this year it’s different. For several months now, I have been talking about Christchurch’s strong steady market, its not rampant, but it has been consistent, and the latest REINZ figures for the month of May show this strong steady trend is continuing but potentially with underlying pressure. The recently released results for May tell us there were 657 residential sales in Christchurch city, the median price was $457,500 and the average days on the market 35 days. Compared to the previous month this represents an increase of 120 properties sold or 22 % volume lift over the previous month, as well as had a slight 2.5 % increase in the median sale price. The movement in the median sale price is not significant in my opinion as the median has hovered in and around this level for close to a year now, hence the steady property values. The lift in sales volume is however a strong indicator of the interest still being shown in our market currently, even during winter. When we look at the data nationally we see that this market strength is being felt across the whole country, with the national median sale price up to a record high and total sales volumes across the country during May also up slightly on the same time last year. The national increases are not solely because of another boom in Auckland,

their market had lifts in volume just like Christchurch, but their property values have remained relatively steady. This time the lifts in values have occurred in a lot of the regions. Overall though the strong sales volumes are the reason the real estate market once again features prominently in the national headlines and psyche. Getting back to Christchurch, I expect to see the slight lift in the median price continue over the coming months. I expect this result simply because there is a real shortage of listed property across our city and nationally. Just look at the Harcourts pages in the press each weekend and our current Bluebook, advertised volumes of listed property is down. With newly listed stock levels slowing, interest and sales volumes remaining strong then it is highly unlikely we will see property prices drop away in the short term. Having said that, I am not expecting rapid price growth either, we seem to have a very educated buying public currently, who by in large recognise that the market is steady and are not prepared to go silly price wise; consequently, we are not seeing much in the way of price movement. Talking with our sales consultants across the city there is no doubt the current buyers in the market are mixed and diverse. There is a strong growing number of first home buyers in the market presently, a combination of steady property values, greater availability of funds, and greater flexibility for the banks to loan.

Noticeably another segment active in Christchurch now are the out of town buyers looking from other parts of the country, indications are that we are seeing good interest from this segment of the population currently for some reason, over and above the regular Christchurch buyer and seller. The opportunities and the changes now going on in our beautiful city are obviously encouraging a lot of people to relook at us. Imagine what it will be like when the Square and the Cathedral are finally sorted, let alone a Stadium, Convention Centre etc etc. What does all this mean at the moment? Basically, it may be winter, it may be cold, but with property listings slowing, strong interest, good sales volumes, and values holding, its not a bad time to sell. Forget what you have heard, forget what others tell you, let the statistics talk for themselves. If you have a reason to look at selling in the near future, then now could be a great time. Buyers have limited fresh property coming to the market for them to consider, so when new stock is listed it will inevitably attract good interest, current sales volumes attest to this. Now is a great time to stand out from the crowd because I have no doubt we will see a surge of property in the spring months when everyone decides to move. Have a chat to your local Harcourts Consultant - what harm can it do? One thing is for sure - there is great interest in Christchurch now. Market comment May 2018

Just as the area rug in the living room can take center stage in showcasing the main furnishings, an area rug in the middle of a dining room can make a beautiful cherry wood dining set stand out as the star of the show. Rugs create visual pathways in your home, becoming an artistic feature and connecting spaces. Use them with purpose, to zone open plan areas and add character and personality.


Rugs are a much easier way to add a colourful, intricate design to each room instead of committing to wallpaper or bold paint colors.


g Warm & welcomin



Lynette McFadden


Harcourts Gold Business Owner Harcourts NZ Inspirational Women Ambassador

I have never had a day in my life where I haven’t wanted to be a better person or to do things in a better way. I’ve been told that some people have this blueprint in their DNA and fortunately (or unfortunately, depending how you look at it), I’m one of them. I find it hard to accept the status quo. In a business arena, deeply ingrained methodologies are amplified, so challenging the status quo can cause considerable grief at times. Breaking new ground and introducing deeply client-focused actions and innovations can be very uncomfortable for your professional competitors. As an industry, we have long been taught that if you’re not going forward, whether by the inch or by the mile (excuse the Imperial measures, but I prefer this analogy), then you are sliding backwards and, unsurprisingly, the years have confirmed this belief. The nucleus of this action isn’t, as some would think, strong processes, worldclass technology or bigger offices – it’s trust. Trust is everything, and at a conference I recently attended in Australia, where some of the top industry and business leaders spoke, I explored this concept more thoroughly.

One of the speakers presented research showing that it takes clients just three seconds to decide if they like you and whether they want to do business with you. Three seconds! How fast is that? What can you do in three seconds but blink twice? Within that blink of an eye, however, a considered process has begun, determining whether you are worth trusting on the basis of twelve key assumptions. That’s all it takes someone to decide whether you are worth talking to, working with or doing business alongside. To all those consultants who struggle even to look people in the eye, or at best proffer a weak or sweaty handshake, your three seconds are not looking good. The trust pendulum is not going to swing your way if you don’t look like you are going to do what you say you will or if you don’t appear to have a strong knowledge of your marketplace and everything connected to it or, of course, if you behave in a manner that engenders suspicion rather than builds early trust. Let’s add to this assumptions that are made about your status, intelligence (although that can be fairly obvious!), conscientiousness and your level of success (whether real or manufactured).

There were more assumptions that I won’t elaborate on, and the research around these was both enlightening and frightening. These conclusions are being reached in super-quick time. For anyone in my industry, it’s so easy to get it wrong, to leave an impression that, quite simply, doesn’t impress and to be passed over. So how do you push past a ‘threesecond impression’? Have a reputation that proceeds you and an intention that defines you – listen, smile and offer a firm, friendly handshake. That’s the signature I try to have, but it’s taken over 24 years to develop and not just a three-second moment in time!

“So how do you push past a ‘three-second impression’? Have a reputation that proceeds you and an intention that defines you – listen, smile and offer a firm, friendly handshake.”


Conduct of Auction This is an extract from the contract so please refer to complete terms as supplied and available on display.

• The property is offered for sale subject to a reserve price being met, the highest bidder whose bid is accepted by the auctioneer shall be the purchaser. • The auctioneer may nominate the sum by which the bidding can be raised. • The auctioneer may refuse any bid. • The auctioneer or the licensed real estate agent acting for the vendor in respect of the sale may submit a bid on behalf of any person. • The auctioneer shall identify a person so acting before the commencement of bidding. • The vendor reserves the right to bid personally, by a representative, or through the auctioneer and to withdraw the property at any time before it has been sold and without declaring the reserve price. • If a dispute arises concerning any bid, the auctioneer will determine the dispute or re-offer the property at the last undisputed bid.

THE PURCHASER SHALL IMMEDIATELY ON THE COMPLETION OF THE AUCTION: a) Sign the Memorandum of Contract failing which the auctioneer may sign on behalf of the purchaser. b) Pay to the vendor’s licensed real estate agent the deposit being 10% of the purchase price unless otherwise agreed; and c) Complete its GST information in Schedule 1.




AUCTIONS 19th July

2nd August

574 Bower Avenue, Parklands Caleb and Peter Griffioen

130A Ilam Road, Ilam Sandra O’Brien

26a Althorp Place, Avonhead Mark O’Loughlin

109B Memorial Avenue, Burnside Foss Shanahan

26th July

121 Rugby Street, Merivale Lewis Donaldson

126 Hamilton Avenue, Fendalton Mary Turnbull 8d Broadbent Place, Riccarton Mark O’Loughlin and Pedro Park 66 Watford Street, Strowan Mary Turnbull 79 Veitches Road, Casebrook Alister Anderson 25 Aikmans Road, Merivale Cameron Bailey and Kirstyn Hay 539 Bower Avenue, Parklands Caleb and Peter Griffioen 15a Cracroft Terrace, Cashmere Caleb and Peter Griffioen, and Rudolph Kohne 272 Travis Road, New Brighton Estelle Yang 1 Heathridge Place, Lincoln Foss Shanahan 104 Retreat Road, Avonside Foss Shanahan 5 Kiteroa Place, Cashmere Mark O’Loughlin 12 Barrington Street, Somerfield Sandra O’Brien

263 Cannon Hill Crescent, Mt Pleasant Sandra O’Brien 121 Champion Street, Edgeware Judy Graham 32b Somme Street, Merivale Mark O’Loughlin 82 Eureka Street, Aranui Lewis Donaldson 4 Rue de la Mare, Parklands Caleb and Peter Griffioen 365a Papanui Road, Strowan Cameron Bailey and Kirstyn Hay 19 Greenmeadow Garden, Belfast Belinda and Sam Dunster 3 Kentallen Terrace, Hillsborough Sharon Trumper 28 Rushmore Drive, Belfast Sharon Trumper 20a Holmwood Road, Fendalton Cameron Bailey 6B Topaz Place, Burnside Mary Turnbull and Jenny Fowler 78C Hinau Street, Fendalton Mary Turnbull









471 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 6166 FAX: (03) 352 1322 E:

New Brighton Mall, 95 Seaview Road PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116 E:

Harcourts gold, International & Migrant Division 473 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 PH: (+64) 3 662 9811 FAX: (03) 352 1322 E:

REDWOOD BRANCH 280 Main North Road, Redwood PO Box 5400, Papanui, Christchurch 8542 DX WP24520, Christchurch PH: (03) 352 0352 FAX: (03) 352 8400 E:

PARKLANDS BRANCH Parklands Mall, Queenspark Drive PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 383 0406 FAX: (03) 383 0525 E:


GOLD PROPERTY MANAGEMENT LTD 501 Papanui Road, Papanui PO Box 5400, Papanui, Christchurch 8542 PH: (03) 352 6454 FAX: (03) 352 6456 E: Gold Property Management Eastside New Brighton Mall, 95 Seaview Road PO Box 18515, New Brighton, Christchurch 8641 PH: (03) 382 0043 FAX: (03) 388 0116



Reside Magazine 12th July 2018  
Reside Magazine 12th July 2018