REAL ONE - Issue 49

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REAL ONE

Christmas & HAPPY NEW YEAR

20,000+

Sent monthly to a combined clients

Wayne MaguireInspiration -

Resene -

Wayne Maguire: A Capital Shift

06.

How to achieve the coastal aesthetic, from Hampton’s style to modern luxe

10.

35. Properties for sale 05.

Why 2026 is the year to bet on - the good times are coming

Resene: Back down to earth 14.

26.

What's happening in the market, local area statistics

Welcome

As the “silly season” approaches and the weather improves, New Zealanders have been forewarned of the prospect of a Labour-proposed 28% capital gains tax on investment and rental properties should they become the government after the next election.

Coming into effect from July 2027, the policy will exclude the family home and farms. While Labour aims to curb price inflation and fund free GP visits, this move could reshape property investment culture, flatten values, and prompt some investors to reconsider selling. Industry commentators are wary but not panicked, noting that similar taxes overseas haven’t necessarily cooled markets.

The outcome hinges on election results and policy details, with many investors likely seeking advice before making big moves. The property market remains in flux, and sellers may benefit from acting swiftly before changes take effect.

As election manifestos unfold and CGT debates continue, uncertainty lingers, making it prudent to keep an eye on developments through the festive period.

A Capital Shift: How Labour’s Proposed CGT Could Reshape

New Zealand’s Property Market

Round about now we all start referring to this time of year as the “silly season”.

After a cold winter and fickle spring throwing snow, strong gales, and plummeting temperatures into the mix across New Zealand, this pre-Christmas build up can tax the hardiest of souls! And speaking of tax, just as we are contemplating better days on the horizon, Chris Hipkins has announced that should Labour become the government after the next election they propose to introduce a capital gains tax (CGT).

We may well see shifts in property prices, returns for investors, and even a shift in the traditional mindset that’s made owning investment property such a pivotal component of New Zealand culture.

Industry commentators with skin in the game have been unpacking the likely winners and losers of this in the event of a Labour win at the next election in late 2026. Although it’s fair to say that they are mostly not enthusiastic about it, some conclude that it’s not a cause for full scale alarm. In the short term it may negatively impact activity in the market and in the long term it could encourage landlord investors to hold off selling. Values could see a flattening of the curve (to coin a phrase!) which of course would be counterproductive in terms of revenue collecting for the government. Although after 2027 a perceived gain may deter investors from selling, across the board those deals may be few and far between anyway.

Those who have been accruing a significant portfolio over a long period of time with the objective to divest all for a healthy retirement might be having a chat with their accountant before the year ends. Though with the usual rough and tumble that emanates from the Beehive on a regular basis anything we are being promised now is a moving target – or may even end up being no target at all.

The specifics are that this 28% tax on profits from a sale will, after July 2027, apply to investment and residential rental property. If your only property asset is the family home or a farm, then this tax will not apply to you when you sell. That’s not to say that this tax may not be the precursor for a more comprehensive CGT further down the road but for now, the devil is in the details. We only need look across the ditch to see our possible future. Many other developed countries have a variety of capital gains taxes and New Zealand tends to be an outlier in not having tapped into this rich source of government revenue. Labour’s rationale is that the move will subdue price inflation and finance another of their announced policies this week: three free doctor visits annually for all Kiwis.

From my perspective both as a real estate salesperson and as a business owner guiding a team at the coalface, this proposed tax on investment properties is set to change the way some of our clientele think about property as a means of building wealth.

As we speculate over the introduction of a capital gains taxation scheme in New Zealand it must be said that when rolled out in other countries it didn’t prevent prices from increasing. Other factors come into play for how property values respond – interest rates, restricted supply of land, other types of taxation – this proposal is just another string to the market’s bow.

Remember, it can take time from when a government first moots something major like a capital gains tax, to getting it across the line and furthermore, seeing any revenue come in from it. We’ll be seeing more as the election looms and election manifestos are rolled out by the various parties.

Sellers making a swift decision to get their properties on the market now can capitalise on the better weather as Mother Nature calms down. In the meantime we’ll be maintaining a watching brief over these CGT implications for the real estate market as the silly season progresses into the Christmas break.

Add a sense of whimsical charm to your Christmas

Make your decorating a celebration of rebirth and hope with an abundance of greenery.

Consider these Christmas decorating ideas to create simple yet sophisticated decor

If you’re looking for a Christmas setting of greens and whites, that imbues the simple beauty of nature, this rustic home will inspire.

Light, bright and just waiting to be filled with celebratory toasts and plenty of laughter, this simple Christmas scheme includes vintage furnishings in an eclectic mix of styles, a seductively simple table setting – and lots and lots of fine-leaved greenery. The crisp whites add a note of purity and peace, the furniture is all about warmth and nostalgia, and the plethora of greenery provides a feeling of harmony, freshness and growth.

The key to making this scene feel festive and abundant is to add greenery everywhere. Hang wreaths from the chairs and walls; arrange branches of evergreens on the tabletop and pile into glass vases and vintage tubs.

More is more, with romance provided by glowing candles and a touch of whimsical charm courtesy of the vintage silver cutlery.

Add a festive glow with Christmas candles and fairy lights

An essential on every Christmas table: candles. There’s nothing like the gleam of candlelight for creating a warm and welcoming atmosphere, even if your festive feast is scheduled to take place at lunchtime.

Position a pack of votives here and there among the greenery on your table – ensuring that the flames won’t catch on any dry twigs – then simply light and enjoy.

Complement the candles with a strand of fairy lights, which add an extra dimension of appealing sparkle to a greenery-clad tabletop. Battery-operated options are widely available and work best in this setting.

Set the table with hints of unexpected whimsy

At the table, offset the glimmer and gleam of the glassware and cutlery with handwoven napkins in organic cotton or linen.

Secure each napkin with a twist of hemp twine, then tuck in a few leafy or flowered sprigs to extend the allnatural feel of the styling.

Amaze your family and friends with your rustic gift-wrapping

Restrained gift wrapping that combines plain sheets of newsprint with pastel green ribbon adds a further dimension of white and green to the overall look.

Keep it rustic and use ribbon generously, fastening with bold, oversized bows – this aesthetic is all about abundance and ease, so there’s no need for excessive neatness.

Try an alternative tree in wire, wood, and some greenery

An abstracted wooden or wire “tree” is an excellent festive decoration solution: an alternative Christmas tree is easy to store away when not in use, and you can easily ring the changes annually to create a fresh look for each new festive season.

For this fresh yet subtle Christmas scheme, entwine strands of greenery around the wooden tree branches and discreetly fasten in place as needed. Layer greenery with strands of plain white fairy lights to create a warm glow that’s also reminiscent of touches of snow when the lights are not turned on.

Add long-lasting blooms to your wreaths for a hint of colour

While this Christmas scheme is all about pared-back ease, using subtly coloured blooms, seed sprays and a variety of dried or fresh leaves in your wreaths can work beautifully for this aesthetic too.

Attach sprigs of flowers and leaves to your gifts to extend the floral theme further. Single sprays of dried seed heads (hang them up using natural raffia strands) create a delightfully ethereal atmosphere. Like wreaths, they can be used throughout the house as subtle visual punctuation – or be suspended from the Christmas tree.

Don’t forget the sugar cookies

No Christmas is complete without plenty of sweet treats. To create a similar rustic look, simply make up a batch of your family’s favourite cookies and adorn each one with edible flowers and leaves –lavender is great for a scented touch.

Bring the festive spirit into each bedroom on Christmas morning

For guests and family members alike, get Christmas Day off to just the right start with a tray of tempting treats and a warming spiced infusion.

Hang an evergreen or paper wreath or two in everyone’s bedroom to extend the Christmas decor throughout the house and add to the festive feel. Layer the beds with textured linen and pure cotton blankets for a luxe, natural feel. Serve a spiced infusion or tea in a classic carafe and matching glass set on a simple wooden tray.

Herby Lemon and Milk Brined Chicken

Every time we cook this recipe it reminds us of how totally delicious chicken is when it’s brined in milk then roasted until tender and juicy.

METHOD

BRINE: Heat 3 tablespoons of the milk in the microwave, add the salt and stir to dissolve. Tip into a large jug and stir in all the remaining ingredients.

Put a large resealable plastic bag in a deep narrow bowl and fold back the top. Put the chicken, with the legs facing up, in the bag then pour in the milk mixture, making sure the cavity of the chicken is filled with milk and some of the aromatics. Carefully seal the bag, pressing out any air. Put the bag in a dish just in case it springs a leak and chill in the fridge for 8 hours, but preferably 24 hours, turning the bag occasionally.

Preheat the oven to 200°C regular bake.

Tip the contents of the bag into a large colander, letting the milk drain off but keeping the aromatics. Pat the chicken dry with kitchen towels and place in a lightly oiled roasting dish. Stuff all the reserved aromatics into the cavity and loosely tie the legs with kitchen string, tucking the wing tips underneath.

SERVES: 4 - 5

INGREDIENTS

• 1.5-kilogram chicken

BRINE

• 1 litre full-cream milk

• 2 tablespoons flaky sea salt

• 1 teaspoon sweet smoked paprika

• long strips zest from 1 lemon

• 2 tablespoons lemon juice

• handful sage leaves (or you can use rosemary or thyme)

• 3 cloves garlic, thickly sliced

• 3 bay leaves

• 1 teaspoon fennel seeds, toasted

• 1 lemon, quartered

TO COOK

• 50 grams butter, melted

• sea salt and ground pepper

PISTACHIO AND HERB SALSA

• ¼ cup pistachios, chopped

• ¼ cup each mint and parsley leaves, finely chopped

• 2 cloves garlic, crushed

• 2 teaspoons finely grated lemon zest

• 1 tablespoon lemon juice

• ⅓ cup extra virgin olive oil

• ½–1 teaspoon honey, to taste

• sea salt and ground pepper

TO COOK: Brush all over with butter and season with salt and pepper. Roast for 30 minutes.

Reduce the oven temperature to 170°C regular bake. Roast for another 30 minutes or until the chicken is fully cooked and the juices run clear when the thickest part of the thigh is pierced with a thin skewer. If the skin is getting too brown before it is cooked through, loosely cover with foil. Transfer to a serving plate and rest, loosely covered with foil, for 10 minutes.

PISTACHIO AND HERB SALSA: Combine all the ingredients and season well with salt and pepper.

TO SERVE: Serve with the Pistachio and Herb Salsa.

COOK’S NOTE: We doubled the recipe and cooked two whole chickens.

Tony Alexander: Why 2026 is the year to bet on - the good times are coming

The economy is months away from feeling the full effects of falling interest rates.

What is a reasonable view to have on the NZ economy for the coming year?

Does one repeat the optimism that proved wrong in 2024 and 2025. Or is more caution warranted? The Reserve Bank’s 50-basis point cut to the OCR shows it is choosing caution.

Fair enough. Twice bitten third time shy. But the chances of good economic outcomes next year look a lot stronger this time around for several reasons, not least the lagged effect of lower interest rates.

At the end of 2023 interest rates were still on the up. And at the end of 2024, interest rates were falling but people were over-optimistic in thinking that relief would immediately appear. It can take 1824 months for a substantial change in monetary policy to take effect.

Now, we are 14 months down the track from the first rate cuts, which tells us that the economy will start to feel the full effects of lower interest rates from early next year, gaining strength as we head into the general election.

What interests me is that we will also be feeling the impact of the jump in farm incomes. When rural incomes surge, the effects ripple out from Southland, then to Otago, and soon after to Canterbury, Taranaki, Manawatu-Wanganui, Bay of Plenty and Waikato.

(The boost may take a year to show up in Auckland, and two years to show in Wellington.)

But there are other positive factors also coming into the mix. Upside potential is strong for foreign student numbers (highly relevant to Auckland CBD and Christchurch) as Australia curbs international student numbers to stem housing market tightness.

Infrastructure spending is ramping up – although picking timelines for a boost can be difficult given the long lags between announcing a plan and actually doing it. Prospects for house construction are looking better, at least for standalone housing. Multi-unit developments will take longer to kick into gear given the current over-supply and financier wariness of still over-stretched developers.

The exchange rate has weakened recently and that is good for some extra export receipts generally alongside maybe some extra tourists, which would be useful in helping to make up for the reduction in cruise ship visits to most ports this season.

Of great relevance in all of this is when householders start to feel more confident about their employment and income growth.

Optimistic people will spend more. I can see early signs of businesses planning to hire more people from my monthly business survey. But there is zero indication as yet that employment confidence is lifting.

I gauge that from my monthly survey of real estate agents where one of the question I ask is what buyers are worried about. They can tick boxes for things like a shortage of listings, access to finance, interest rates etc., as well as their jobs and incomes.

At the start of last year only 14% of agents said people were worried about their employment. That soared to 56% come June last year which so far has been the peak. But the latest reading from three weeks ago was almost the same at 55%.

Therefore, for spring I don’t think it is reasonable for retailers to expect many positive surprises. But come summer there is a good chance of things looking better, and after that the factors I have listed above will come into play and should reward those who have made it through the horrid period since the pandemic binge ended at the start of 2022.

How to refresh your deck

Source: oneroof.co.nz, Sponsored by Resene

Resene paint expert Jay Sharples provides a step-by-step guide.

Spring and summer are ideal times to refresh your deck, thanks soto the warmer days and more settled weather. As well as applying a smart looking stain, it’s also a fantastic opportunity to treat and remove all the moss and mould that can build up over the damp winter months.

A nicely stained deck can make a huge difference to how your outdoor area looks and gives it a real polished, well-finished look. It can also help it to look its best for longer. Stains and oils help to protect decks from the weather, so they stay in better shape and will be less prone to drying out, splitting and causing splinters.

In this Paint like a Pro video, Resene Paint Expertpaint expert Jay Sharples shows you how to refresh your deck by giving it a good clean and stain, so you can enjoy entertaining friends and summer barbecues while you admire your handiwork.

You will need:

• Stiff bristle scrubbing brush/broom

• Backpack sprayer

• Safety glasses

• Gloves

• Gumboots

• Hose pipe (with access to running water)

• Measuring jug

• Large paint tray

Step 1: Clear the decks

Before you begin your deck refresh, you’ll need to remove any furniture, plants or whatever you’ve had out on your deck to ensure you have a completely clear surface to work on. Give it a good sweep to get rid of old leaves and dirt.

Step 2: Blitz the mould

Make sure you’re wearing your safety goggles and gloves and follow the dilution instructions on the back of the container.

Resene Moss & Mould Killer is a concentrated wash that works efficiently to get rid of common moulds and fungi, which can also look a lot like brown dirt on timber and paint surfaces.

Decant it into a sprayer and spray it on your deck, paying special attention to high traffic areas and underneath your flowerpots and barbeque. Give it a good scrub and then wait 48 hours to achieve a full kill.

Step 3: Wash it down

Now it’s time to clean your deck using Resene Timber and Deck Wash. Follow the dilution instructions on the container and decant it into a sprayer.

Use a hose to thoroughly wet the deck first and then spray the surface thoroughly.

Make sure it stays wet on the surface for at least 15 minutes. Then get scrubbing.

Scrubbing is a crucial step as it helps open up the grain of the timber, which allows the stain to penetrate further in. Rinse off thoroughly with fresh water. Wait for your deck to be fully dry, then you can move onto the staining.

Top tip: Remember wood stains are semi-transparent so you can see the wood grain – and any marks – through the newly stained finish. So, it pays to make sure you do the cleaning step well to get a good finish. If you have lots of marks that are impossible to remove, you could try a darker stain that can help to cover them, or you may want to consider a painted finish instead.

Step 4: Apply the first coat

Jay is using Resene Woodsman Wood Oil Stain on this deck, which is tinted to the colour Resene Natural. This product is ideal for exterior timber surfaces such as weatherboards, decking and furniture, and generally needs to be recoated every two years.

Decant it into a large paint tray and use a PAL Deck Master Deck Brush to apply the stain so you can get a satisfying, uniform finish. It’s easy to cut in any hard-to-reach areas and you can get down into all the grooves and edges of the timber.

Step 5: Stain again

Resene recommends waiting 24 hours to give the stain a chance to fully penetrate the timber. Once the first coat is dry, it’s time for round two. Again, apply it evenly across the whole deck in long, sweeping movements. Once you’re done, Resene recommends waiting seven days before you move all your furniture back on.

Step 6: Dress it up

Now that your deck is looking good as new, it’s time to set it up for summer – you might even want to refresh your outdoor furniture, or try your hand at making your own DIY Adirondack chair like the one pictured here.

Points to note:

1. As a general rule, Resene recommends a deck refresh and restain around every two to three years.For previously stained decking, the preparation required will depend on the type of stain and its condition. Stains will not penetrate through an existing stain layer. Splash water onto the existing stained decking – if the water beads up, the stain will need to be stripped/ sanded back to bare or allowed to undergo further weathering. In most cases, if a penetrating stain was previously applied, scrubbing using Resene Timber and Deck Wash should suffice. However, the water splash test should still be used.

2. Water blasting timber can cause serious damage to the surface and is not normally recommended or needed. Water blasting can be done successfully, however, in the hands of a good operator. If this is the chosen method, then water blast at medium pressure (1200-2000psi) after applying the Resene Timber and Deck Wash (as above).

Take care to avoid damaging the timber surface by keeping the nozzle approximately 200-250mm above the surface depending on the water pressure and spray arc used. Any timber damaged by the water blaster will require sanding to remove burrs and furry areas.

3. To maintain your deck, spray on Resene Deep Clean every six to 12 months and leave it to work with the weather. This will help to keep your deck finish cleaner.

MasterStroke by Resene is here to help you master your paint and decorating DIY projects.

Brush up on your skills with advice, tips and ideas from our trusted experts.

How to train climbers to cover your fence

Create a lush and living fence with this guide on training climbers.

Climbing plants can be trained to grow up almost anything – fences, pergolas, archways and railings –instantly softening any surface they cover and creating a lush display.

Commonly used to cover up an ugly or old fence or provide privacy and shade, fast-growing climbing plants, such as star jasmine, passionfruit vines and ivy, are popular choices that can cover a lot of ground – fast.

Most climbing plants, including vines, ivy and other flowering varieties, are very hardy and adaptable. They can be grown in a garden bed, or even in a narrow pot if you’re short on space or are working in a courtyard. Some vines are so adaptable that they can be grown without a trellis or supporting wires.

Others, however, require training and support in order for them to grow in a desired direction. Here we look at different climbers and how to train them to cover your fence, wall or whatever it is you want covered in lush greenery.

How to train climbing plants to cover your fence

1. Untangle tendrils

Is your climbing plant growing in a cluster? Many climbers and vines have tendrils that are used to hoist plants upwards and latch onto a support. Without a little assistance, these tendrils can become entwined and prevent the plant from growing outwards or upward. If this is the case, you’ll need to unwind shoots and try to separate and spread them in different directions to encourage lots of side shoots to grow. Directing them with small sticks or wires can help if you’re looking at covering a solid fence.

If you’re planting new climbers, you’ll want to make sure you remove any extra growth from the middle and guide the plant outwards rather than straight upwards using ties, twine or even pegs.

2. Provide support

The key to creating a lush and even spread of foliage is providing the right support for your climbing plant in the form of a trellis, stake or wire. Trellises provide a strong frame for your vines or other climbers to grow across a large wall or fence, while stakes are a good place to start guiding new shoots.

3. Secure to fence

Train shoots horizontally, by loosely tying them to the fence or trellis as necessary. As the plants grow, keep tying the shoots to form an even and dense coverage. Once the plant is established and strong enough, it should continue to grow like this on its own.

What are twiners?

Twiners are climbing plants like wisteria, jasmine and even beans that like to wrap themselves around a post or each other as they grow.

They need small sticks, stakes or fine mesh, like chain wire, to start their journey. So if you’re covering a Colorbond fence you’ll first need to install wires or lattice for them to grow onto. This gives you a chance to get creative and train climbers to grow in a pattern or design like the diamond shapes pictured below.

Self-clinging climbers

They may be clingy but selfclinging climbers are surprisingly low-maintenance. Plants like Boston ivy use sucker pads and aerial roots to secure themselves to almost any surface and are often used to cover a bare brick wall.

Other self-clinging climbers include:

• Virgina creeper

• English ivy

• Climbing hydrangea

• Clematis

• Star jasmine

• Trumpet vine

• Wisteria

Beware, though, these strong climbers will leave behind suckers or roots when removed.

Beautify the bach

Here are some projects that can be done in a weekend.

Trips to the bach are about relaxing and spending some quality time with family, away from the pressures of daily life.

While that means you’re not necessarily looking for home improvement projects there can be times when you look around the bach and realise parts might be looking in need of some TLC - or if you need a fun, indoor project to keep you busy on a rainy day.

Decorating at the bach can often also be a licence to experiment with colour and creativity, in ways you might not want to try at home.

Here are some quick ideas to beautify/maintain the family bach.

Wash the bach

This one’s not necessarily exciting or creative, but it is essential. If your bach is near the sea it needs washing down twice a year, to remove salt deposits. That applies to baches (and homes) in the vicinity of the sea, not just beachfront.

Resene paint expert Jay Sharples says wind-blown salt can carry up to 25km inland, which includes a surprising amount of the country. “Salt deposits are often visible in the form of a white residue on exposed areas, and will be easier to notice on darker colours,” he says.

“If you’re within 300 metres of the sea, I’d recommend cleaning every six months using Resene Paint Prep and Housewash for painted surfaces.

“The more often you clean and remove contaminants from the surface of the substrate, the longer the coatings will last. We have slowacting cleaners like Resene Deep Clean that can be good to use at the end of summer, and fasteracting cleaners like Resene Moss & Mould Killer, Resene Paint Prep and Housewash, Resene Bio Cleaner, Resene Heavy Duty Paint Prep and Oil Remover that are good to use at the start of summer or whenever you make time to clean.”

REVIVE BACH OUTDOOR AREAS AND GIVE THEM A NEW LEASE OF LIFE WITH FRESH STAIN AND EVEN PAINTED PAVERS.

Upcycle with testpots

Baches often become the last resting place for furniture or decor that have outlived their popularity in the home.

That makes them perfect candidates to be given a new lease of life by refreshing them using Resene testpots. As Resene colour expert Amy Watkins says, anything from a chair or outdoor table to bookshelves, pots and artwork is fair game.

If you have older dining chairs, indoor or out, consider painting each chair, paint the back of a bookshelf, add a different colour to the front of each drawer in a set or repurpose old bowls and pots as planters.

Using Resene testpots is a costeffective approach for smaller upcycle projects or use multiple testpots in various colours to create a mural - maybe on an old, weathered bit of fence. You could even add some creative flair in the form of a mural to the side of a shed, a bedroom wall or even the side of the house.

If you need to keep the kids occupied on a rainy day at the bach, it can be as simple as getting them painting rocks using Resene testpots or leftover paint from previous projects, suggests Amy.

“It’s such an easy fun thing to do with kids over the weekend. Grab some testpots and let the kids go wild with creativity.”

A SIMPLE BLOCK OF BOLD COLOUR CAN HAVE A HUGE IMPACT IN ANY ROOM, AND CAN BE EASILY ACHIEVED IN A WEEKEND.

SIMPLE TOUCHES OF CONTRAST COLOUR ADD INSTANT PERSONALITY AND REVIVE A BACH OUTDOOR AREA.

Then when the weather is fine, they can go outside, hide their rocks and then do a treasure hunt to find all the hidden rocks.

Top tip: Most Resene testpots contain Resene Lumbersider Low Sheen, which can be used inside or out on a range of projects from furniture flips to fence art and craft projects.

Colour block

If you want to add some style and flair to your bach interiors without committing to a large makeover, Resene colour expert Jackie Nicholls suggests colour blocking.

That means instead of painting a whole room, or one feature wall, add smaller blocks of colour to a section of wall instead as a quick effective way to add character and personality to the bach - or even cover an area of wall that’s looking a bit faded and worn.

All you need is some good quality masking tape, a Resene testpot or a small tin of paint - depending on the size of your colour block - and a roller.

Jackie suggests adding a block of colour behind a piece of art that’s getting lost on a blank stretch of wall. Use colours in the artwork as the colour block for maximum impact.

Add large circles on the walls of a children’s bunk room. Add hooks for towels or pegs and bulldog clips attached to the walls to show off holiday drawings or other artworks. You could also try adding shelves painted in the same shades as the circles or colour blocks.

Add extra interest to any bedroom with a coloured headboard, painted directly on the wall or using ply or upcycled wood. Paint it in a bold shade like oceanic blue Resene Epic, a dusty sunset shade like Resene Dawn Glow or a fresh botanical green like Resene Smashed Avocado. For a more textured, relaxed finish simply stain wash the wood with Resene Colorwood Whitewash or Resene Colorwood Shade.

Top tip: If your summer bach projects involve painting larger areas you may want to consider adding Resene Hot Weather Additive to your paint. It’s designed to slow the drying time in hot weather giving you more time to get a smooth finish.

Revive the deck

With a bit of planning, giving a wooden deck a new lease of life is quick and easy using Resene Woodsman Decking Oil Stain.

Staining your wooden outdoor surfaces - trellis, fences and furniture as well as decks - not only protects them, but it can be a simple way to add unexpected colour to outdoor areas. Try darker, green-toned shades like Resene Woodsman Treehouse for fences that blend with your trees and shrubs to create softer borders.

On your deck keep things neutral with Resene Woodsman Natural or experiment with the weathered grey of Resene Woodsman Bleached Riverstone or the golden browns of Resene Woodsman Uluru on timber privacy screens to create changeable outdoor spaces.

If you need help getting starting or deciding on the colours that best suit your home, come in and visit your local Resene ColorShop, Ask a Resene Colour Expert free online, resene.com/colourexpert or book a Resene Colour Consultation free instore or virtually or a paid home visit in selected areas, resene.com/colourconsult.

The Resene ColorShop team can also help with advice for any tricky surfaces you may need to paint or use the free Ask a Paint Expert service online, www.resene.com/paintexpert.

FRESHLY STAINED OR PAINTED WOODEN TRELLIS IS A SIMPLE WAY TO ADD SHELTER, PRIVACY AND STYLE TO A BACH OUTDOOR ENTERTAINING AREA.

Loan Market Lending Update

Rates easing, but the bottom may be near

The latest inflation data showed a small lift — headline CPI rose to 3.0% (from 2.7%), sitting right at the top of the RBNZ’s 1–3% target band.

Beneath the surface, though, core inflation has eased to around 2.5%, suggesting price pressures are softening despite higher electricity and council rates.

OCR Outlook

With inflation still under control and growth sluggish, most economists expect the RBNZ to trim the Official Cash Rate by 25 bps in November, bringing it to 2.25%, and possibly another cut by early 2026.

This would take the OCR close to 2.0% – supporting a gentle easing cycle rather than aggressive cuts.

Home Loan Rate Direction

We’re likely to see modest downward pressure on mortgage rates in the near term, particularly on floating and short-term fixed options. However, large rate drops are unlikely unless inflation falls further than expected.

Longer fixed terms (2–3 years) already appear close to the cycle’s bottom — so for clients wanting stability, now may be a good time to lock in.

Strategy & Considerations

Choosing the right term is key:

• If you expect more OCR cuts ahead, staying shortterm or floating could let you refix lower later.

• If you prefer certainty and budget stability, longer fixed terms remain attractive.

• For those currently fixed at high rates, it’s worth reviewing break costs and potential savings from breaking and refixing/refinancing.

• Always weigh broader factors — Job security, other debts, and tolerance for future rate rises — Vital when planning your loan structure/fixed terms.

What to Watch

• Upcoming CPI releases – higher inflation could pause or reverse the RBNZ’s easing path.

• RBNZ Monetary policy statements – look for language around “inflation risks” or “capacity pressures.”

Key Takeaway

The recent inflation bump hasn’t derailed the RBNZ’s easing trajectory.

With core inflation cooling and growth soft, expect gradual OCR reductions over the next two quarters possibly totaling around 50 bps by early 2026.

That said, rates remain sensitive to new data, so staying informed — and regularly reviewing your loan structure — will be vital in the months ahead.

Regards,

资本利得税:

工党在经济低潮中的一场税改豪赌

文/NZET编辑部

在下届大选临近前夕,新西兰工党 (Labour Party)昨日宣布,拟于2027 年起对投资性住宅和商业物业实施 28%的资本利得税(Capital Gains Tax 简称 CGT),作为其若赢得选举后 将优先推行的税制改革 承诺。

一场选前的“政策信号”

工党表示,该税拟于2027年7月1日生 效,适用于非自住房产,而自住房、农 场、企业资产、KiwiSaver 与遗产等类 别将被豁免。

政策预期每年可为政府带来约7亿纽 币税收,用于支持免费全科医生就诊 等公共服务,这项声明并非立法决定, 而是工党选战纲领的一部分。

工党党魁Chris Hipkins表示,若赢得 选举并组建政府,CGT 将成为“首批实 施的财政改革措施之一”,旨在“纠正 税制失衡,使投机获利者与劳动收入 者承担更公平的税负”。

从税制公平角度看,工党的逻辑并不 难理解,长期以来,新西兰并未实行全 面的资本利得税制度,社会认为劳动 收入被高度征税,而房地产收益几乎 免税,形成了结构性不平衡。

CGT的推出意在弥补这一缺口,将部 分财富再分配给公共系统,特别是在 医疗支出持续攀升的背景下,政府需 要新的财政来源来维持福利承诺。

从制度意义上讲,这是一项“公平导向 型”的改革尝试,也让资本收益重新回 到税制讨论的核心位置。

税改时机:公平与复苏的正面冲突 然而,在税改背景下,现实经济环境不 容乐观,即便储备银行已开始降息,经 济仍处于低位徘徊阶段,失业率上升、 房市低迷、企业信心不足,经济修复远 未稳固。

各界批评指出,工党的资本利得税方 案税基过窄,仅锁定投资房产,避开了 高净值人群主要财富来源,因此“改革 不彻底”;同时,年均约7亿纽元的财政 贡献规模有限,难以真正支撑医疗资 金缺口。

政策选在房市低迷与经济尚未复苏之 际,被担忧将拖累交易、抑制投资,导 致税收高度波动。房产投资者认为遭 到“定向惩罚”,而左翼势力则批评政 策力度不够,无法缩小财富差距。

另有声音强调,估值、扣除、通胀调整 等执行细节仍未明确,恐造成避税增 加、税务争议上升并推高行政成本。在 这样的脆弱周期中推出可能影响投资 回报的新税,无疑将对市场信心造成 压力。

政府希望通过改革传递“税制公平”的 政治决心,但市场担忧则聚焦于资本 利得税是否会拖慢经济复苏步伐。

新西兰财政部长Nicola Willis批评工 党此举是在“最脆弱的经济时刻引入 最具风险的政策”,认为这将削弱市场 信心并拖慢经济复苏。

换言之,工党押上的是未来经济恢复 的速度与力度,若改革顺利,税制公正 性将得到强化;若时机失误,可能导致 投资动力进一步疲弱,经济修复周期 被再次拉长。

从制度设计层面看,资本利得税的成 败不在口号,而在细节,资产估值方 式、扣除标准与持有期边界等都需在

立法阶段清晰界定,否则将为避税行 为留下空间,引发执行争议,甚至影响 海外资本流入。

经济低潮时的政策风险

尤其在经济脆弱时期,信任是一种稀 缺资源,一旦税改损害市场信心,其成 本将远高于新增税收。

因此,资本利得税的推出已经超越财 政技术讨论,成为检验社会共识与政 府执政能力的一面镜子。它象征着公 平诉求,也伴随着“经济焦虑”;它体现 政策勇气,同时也暴露政治风险。

对普通选民而言,这项政策意味着政 府愿意直面结构性问题,但为经济走 势带来不确定性;对投资者而言,它是 对市场稳定性的考验,更是对政府治 理能力的检验。工党选择在经济下行 阶段推行税改,本质上是一场关于信 任与信心的豪赌。

在信心脆弱的时期触动税制最敏感的 部分,需要的远不止政治宣示,还必须 依靠精准执行与长期承诺。因为这场 豪赌押上的,不只是选票与声望,而是 新西兰经济复苏的未来。

对普通选民而言,这项政策既象征“纠 偏的勇气”,也代表着“经济的不确定 性”;而对市场而言,它是一场信任的 考验——信任政府能否平衡公平,信任 经济能否在税改中保持韧性。

无论工党最终能否赢得选举,资本利 得税都已成为未来财政政策讨论的分 水岭。它的意义可能远超财政层面, 因为在经济下行、信心脆弱的时刻,任 何触动财富结构的政策,都不仅是经 济议题,更是一场关于信任与信心的 考验。

GeoSolutions

Geotechnical Engineering Specialists

Yuan Hong +64 27 5566 886

yuan.hong@geo-solutions.co.nz www.geo-solutions.co.nz

Site Investigations & Interpretation

Site investigations are performed by our specialist field staff and the site specific results are analysed by our qualified and experienced geotechnical engineers.

GeoSolutions is a specialised consultancy practising in geotechnical engineering. We cover projects and sites all around the North Island and look after residential building sector.

GeoSolutions team is certified Chartered Geotechnical Engineer (CPEng) with Engineering New Zealand. We are also registered producer statement author (PS1, PS2 and PS4) with Auckland Council.

GeoSolutions is your reliable and cost-effective Geotechnical engineering professionals. Talk to us now and find out how we can offer assist.

Geotechnial Design & Reporting

We have analytical tools that allow detailed design on retaining structures and assess slope stability, with the in-house capability and expertise to design for your next project.

Construction Monitoring

We actively involve during the construction phase of the work to ensure our recommendations specified in our report followed and the project runs smoothly.

Ray White Now

Introducing Ray White Now, an insight to provide clarity to all our customers on what is happening in the market now.

If you are considering selling we explain how you can take advantage of the current conditions to achieve the best possible sales outcome.

Bubbles and Berries Tiramisu

A summery, festive twist on a classic tiramisu. Roasted strawberries are layered with mascarpone and sparkling wine-dipped ladyfinger biscuits.

METHOD

EQUIPMENT: 18cm x 26cm dish.

Preheat oven to 180°C regular bake.

ROASTED STRAWBERRIES: Toss the strawberries in a large bowl with the sugar and balsamic vinegar. Spread out on an ovenproof tray and roast for 20–25 minutes (depending on the size of the strawberries) until soft and syrupy.

MASCARPONE CREAM: Place a heatproof bowl over a pot of simmering water — just a small amount of water will do and the water shouldn’t touch the bowl. Add the egg yolks and sugar. Whisk continuously for approximately 5 minutes until pale and thickened. Leave to cool for 10 minutes before stirring in the vanilla, nutmeg and mascarpone. Whip the cream to soft peaks and gently fold it into the mascarpone mixture.

SERVES: 8

INGREDIENTS

ROASTED STRAWBERRIES

• 1 kilogram strawberries, hulled and halved

• ½ cup (110 grams) caster sugar

• 1 tablespoon balsamic vinegar

MASCARPONE CREAM

• 4 Otaika Valley Free Range Eggs, yolks only

• ⅓ cup (75 grams) caster sugar

• 1½ teaspoons vanilla extract

• ¼ teaspoon ground nutmeg

• 500 grams mascarpone

• 300ml cream

TO ASSEMBLE

• 350ml sparkling wine, chilled

• 1 packet savoiardi ladyfinger biscuits (24 biscuits)

• freeze-dried raspberry powder, to garnish

TO ASSEMBLE: Pour some of the sparkling wine into a tall narrow glass. This makes the dipping easier. Dip each ladyfinger biscuit into the wine for just 1 second (no longer or the dessert will be soggy). Gently shake off excess drips and layer snugly in the dish.

Cover the biscuits with half of the mascarpone cream, then half of the roasted strawberries and a drizzle of the strawberry syrup. Repeat another layer of dipped ladyfingers, strawberries and the mascarpone. Use a spatula or the back of a spoon to spread out the creamy topping until smooth.

Chill in the fridge for at least 4 hours, or ideally overnight. Dust generously with raspberry powder just before serving.

Wayne Maguire

Ceo And Auctioneer 027 422 3377

Christine Kahn

Licensee Salesperson 027 477 4407

Jackie Dragicevich

Licensee Salesperson 021 657 521

Nadine Wilson Licensee Salesperson 021 916 626

Meet our team

Anna Stephenson Licensee Salesperson 021 393 565

Donna Watts

Licensee Salesperson 027 250 9417

Jono Barton Licensee Salesperson 027 919 4944

Brown Licensee Salesperson 021 731 023

Bryce Holmes Licensee Salesperson 021 908 293

Ester Kanaway

Licensee Salesperson 021 523 637

Judith Everitt Licensee Salesperson 021 2777 844

Peter Coker Licensee Salesperson 021 666 203

Cathy Roselli

Licensee Salesperson 021 750 454

Gerry Smutz Licensee Salesperson 0275 203 980

Lesley Harris

Salesperson 0274 935 498

Rain Diao Licensee Salesperson 021 066 4976

Pauline

Ray White Mission Bay, Kohimarama & St Heliers - Maguires One Teamare experienced real estate professionals committed to providing you with the best possible service.

Richard Lyne Licensee Salesperson 021 687 000

Vicki Huntley

Licensee Salesperson 021 702 443

Bella Stefano Licensee Salesperson 021 668 938

Larissa Tsapko

Licensee Salesperson 021 770 115

Rosco Valentine Licensee Salesperson 021 726 344

Priya Waller Licensee Salesperson 021 131 2018

James Ford Licensee Salesperson 021 020 37340

Mi Zhou

Licensee Salesperson 022 019 6329

Stuart Trewheela Licensee Salesperson 027 482 4783

Anya Khominich Licensee Salesperson 027 654 3006

Elizabeth Ling Licensee Salesperson 021 383 939

Mahmud Licensee Salesperson 022 182 2122

Vanessa Mowlem Licensee Salesperson 021 840 700

Hermanus Verheyen Licensee Salesperson 021 081 16217

Martin Ma Licensee Salesperson 0277 888 365

Licensee Salesperson 021 853 698

Rushmi
Peter Sikka

We have a specialist team of experienced and successful agents who have a unique insight into Auckland Suburbs including Mission Bay, St Heliers, Kohimarama, Orakei & Glendowie.

Jasreen Sikka Licensee Salesperson 021 135 1798

Vivek Kommalapati Licensee Salesperson 022 610 2669

Claudia Sanchez Licensee Salesperson 021 115 4571

Torres Licensee Salesperson 022 470 5839

Licensee Salesperson 021 960 702

Hiring | Media Sales Executive

NZET (New Zealand Economic Times) is a leading Chinese media platform in New Zealand focused on finance and real estate news. We are looking for a Media Sales Executive to sell advertising space and build commercial partnerships.

This is a full time commission-based role with high earning potential. There is no limit on the clients you bring in. This role suits someone who is fluent in both English and Chinese, with media advertising or sales experience, and is seeking income growth.

Apply:

Please state the position you are applying for. Send your CV to: nancy800608@gmail.com

Phone (Wayne): 0274-22-33-77

Vannessa
Dave Tomu

Ray White St Heliers 10 Polygon Road rwstheliers.co.nz

Ray White Mission Bay 33 Tamaki Drive rwmissionbay.co.nz

Ray White Kohimarama 5 Averill Avenue rwkohimarama.co.nz

What's happening in the market.

Local Statistics

October 2025

Mission Bay, Orakei, Kohimarama, St Heliers, Glendowie

TOTAL SALES OCTOBER 2025

52 Sales G5.5% E4% LAST YEAR LAST MONTH

BREAKDOWN BY SUBURB

Mission Bay = 3 | Orakei = 8 | Kohimarama = 8 | St Heliers = 20 | Glendowie = 13

MONTHLY SALES - LAST 12 MONTHS

MEDIAN SALE PRICE OCTOBER 2025

MONTHLY TREND - LAST 12 MONTHS $1,920,000 E1.1% E9.7% LAST YEAR LAST MONTH

Stonefields, Panmure, Mt Wellington, Ellerslie

TOTAL SALES OCTOBER 2025

76 Sales E15.2% E40.7%

MONTH

BREAKDOWN BY SUBURB

Stonefields = 5 | Panmure = 11 | Mt Wellington = 42 | Ellerslie = 18

MONTHLY SALES - LAST 12 MONTHS

MEDIAN SALE PRICE OCTOBER 2025

$965,000 E1.6% E12.5%

MONTHLY TREND - LAST 12 MONTHS

Mangawhai,

Auction

vs Other Sale Methods

AUCTION

Maguires One Team - Reporting period: Jul 2025 - Sep 2025 43% 7%

OTHER SALE

METHODS

(Maguires One Team percentage of homes selling within 90 days)

OTHER SALE METHODS

AUCTION 38 52 days on market days on market

(Maguires One Team average days on market)

Sell with confidence through the auction method

One Team's Recent Sales

NZET

New Zealand Economic Times (NZET)

是新西兰领先的中文媒体平台,专注于房地产、财经资讯与市场趋势解读。

我们服务于新西兰本地高质量的华语读者群体——包括地产投资者、

购房者、金融从业者及商业决策者。

我们的文章与视频内容长期稳定覆盖超过 100,000 名新西兰本地读者与观众, 正逐步成长为最具影响力与公信力的华文财经媒体之一。

我们原创的核心栏目《新西兰地产行情》,深度解析楼市动态与政策影响, 已成为本地最受关注的中文地产资讯品牌之一。

选择 NZET,即可借助我们专业的内容影响力与精准的读者触达力, 全面提升您在华语市场的品牌曝光与转化效果。

欢迎广告合作,获取最新媒体方案,精准连接新西兰核心华语市场。

New Zealand Economic Times (NZET)

NZET is New Zealand’s leading Chinese-language media platform, focusing on real estate, financial news, and market trend analysis.

We serve a high-quality Chinese-speaking readership in New Zealand— including property investors, homebuyers, financial professionals, and business decision-makers.

Our articles and video content consistently reach over 100,000 local readers and viewers in New Zealand, and we are steadily growing into one of the most influential and trusted Chinese-language financial media outlets in the country.

By choosing NZET, you gain access to our professional content influence and highly targeted audience reach—empowering your brand to achieve greater exposure and conversion in the Chinese market.

Contact us for advertising opportunities and the latest media kit to connect directly with New Zealand’s core Chinese-speaking audience.

Maguires

PRESTIGE PROPERTIES

3

230 Kohimarama Road, Kohimarama

RARE ARCHITECTURAL DELIGHT

Where Architecture Meets Art - A Home Defined by Curved Form and Light

Perched proudly on the ridge and capturing sweeping views of Rangitoto, this striking North facing 1950s residence embodies enduring architectural elegance and relaxed sophistication.

Defined by its signature curved dormer windows, steep gabled roofline, and expansive glazing, this residence is an architectural statement of enduring grace. Originally crafted in the mid-century era and thoughtfully reimagined by Buisson and Strez Architects in 1987, it embodies a rare harmony between modernist design and timeless European influence. Sunlight pours through walls of glass, creating effortless indoor-outdoor flow and framing lush garden vistas from every angle.

Set on 1341sqm (more or less) of beautifully landscaped grounds, the 287sqm (approx.) home exudes warmth and authenticity. Inside, craftsmanship takes centre stage - from the softly-toned timber ceilings to the original joinery and generous open-plan living spaces designed for connection and celebration.

This beautifully designed residence offers a flexible and luxurious layout across two levels, ideal for both family living and entertaining. Upstairs, two generous double bedrooms are complemented by a stylish bathroom and separate powder room,

while the master suite enjoys complete privacy with its own ensuite, private balcony, and breathtaking panoramic views across the water to Rangitoto.

A spacious living area upstairs serves as a versatile retreat - perfect as a games lounge, relaxation zone, or elegant work-from-home space. Downstairs the double bedroom, and a single bedroom or study, provide excellent accommodation for guests or family, all thoughtfully designed for comfort and convenience.

The entertainer's kitchen flows effortlessly into the dining and living areas, opening to a wide terrace perfect for alfresco dining and summer gatherings. Beyond, the landscaped garden oasis unfolds - a tranquil escape with a gazebo, fish pond, and sculptural plantings that evoke a sense of calm and privacy.

With scope to add a pool, extend, or further enhance, this residence offers endless opportunity while preserving its architectural soul.

Lovingly held by the same family for four decades, this exceptional ridge-top retreat now invites its next custodian - someone who values design, history, and the rare magic of a home with heart and heritage.

View: Please contact salesperson for viewing details

Buyer enquiry over $3,000,000

9 Selwyn Avenue, Mission Bay

WELLNESS ELEVATED. MISSION BAY REIMAGINED

A Private Sanctuary of Coastal Luxury and Calm - CV $5,900,000

Just moments from the golden sands of Mission Bay Beach, this exceptional 1001m² estate transcends the ordinary - a private coastal retreat where luxury and wellbeing unite in perfect balance.

Evoking the serenity of a world-class resort, this sunsoaked sanctuary is designed for those who value health, harmony, and effortless sophistication. The resort-inspired grounds centre around a heated pool where you can spa and sauna - complemented by shaded cabana lounges, an outdoor bar. A tranquil swing seat invites you to pause and take in the stillness of your private retreat.

The dedicated wellness pavilion features a professionalgrade gym and versatile studio space - ideal for Pilates, yoga, or meditation. Framed by lush greenery and infused with natural light, it's an environment created to restore both body and mind.

Inside, the main residence exudes contemporary coastal elegance with four light-filled bedrooms and three luxurious bathrooms. Refined textures, bespoke finishes, and seamless indoor-outdoor flow define each space, creating an atmosphere of understated sophistication.

Buyer enquiry is encouraged from buyers with a budget in the $6,000,000 and above range. Sale by negotiation or Private Treaty. Register for viewing Q1 2026 6 5

A fully self-contained second dwelling enhances the property's versatility, offering two bedrooms, two bathrooms, and private access - perfect for guests, extended family, or luxury short-stay accommodation.

Additional features include extensive garaging or private gym set-up, and beautifully landscaped grounds that deliver complete privacy and tranquility.

Situated within walking distance of Mission Bay's iconic beachfront, cafés, and restaurants, this residence captures the essence of modern wellness living - a rare blend of vitality, luxury, and lifestyle.

A sanctuary for the senses - where every day begins with sunrise yoga and ends with sunset serenity.

Registered valuation $6,400,000

View: Please contact salesperson for viewing details

021 687 000

richard.lyne@raywhite.com

Set on a private 933m2 (more or less) section in the heart of the Bays, this beautifully updated 1950s home is a true sanctuary for modern family living. Solidly built in plaster over brick and weatherboard, it blends timeless mid-century charm with contemporary comforts and resort-style amenities.

North-facing and filled with natural light, the spacious circa 220m2 layout offers generous open-plan living, a thoughtfully designed kitchen, and seamless indoor-outdoor flow to multiple entertaining zones. Whether it's summer evenings by the fire pit, poolside BBQs under the stars, or cozy winter nights by the fireplace, this home is made for year-round enjoyment.

A heated swimming pool, ambient garden and pool lighting, and lush landscaping create a holiday-at-home vibe, while a fully self-contained unit provides flexible options for Airbnb, extended family, or teens seeking independence.

Tucked away from the road in a peaceful setting, yet just minutes from coastal walks, cafes, top schools, and local amenities-this is resort-style living without compromise.

Don't miss your chance to experience this rare gem. For Sale $3,575,000

Resort-Style Family Oasis

40 Kupe Street, Orakei

COME

HOME TO HIGHLY SPECCED CENTRAL ORAKEI LIVING

Seize the day and move swiftly – this is your chance to savour the epitome of refined living by securing one of these six brand-new homes in a tightly held boutique development. These freehold title properties are a rare find in a sought-after bays’ locale. A range of versatile floorplans give discerning buyers – from families to professional executives and downsizing locals a layout that meets the needs of many modern households. Embrace an idyllic hassle-free lifestyle with the boardwalks, Orakei Domain, public parks, cycleways, and highly regarded schools all within a small radius.

Each home boasts exceptional build specifications, with interiors showcasing meticulous attention to detail and uncompromising commitment to design quality. All backed by a Master Build Guarantee. Choose from a range of expansive four- and five- bedroom layouts: two standalone homes and two sophisticated three-storey duplexes, with all featuring generously proportioned double bedrooms (including multiple master suites, walk-in robes, and ensuites), sensational designer bathrooms, well-appointed living spaces and internal access garaging. High quality timber flooring, elegant wall panelling, and sleek bathrooms combining tile, stone, and glass determine a contemporary, considered aesthetic, while each property boasts seamless flow to secluded alfresco courtyards. Each sun-filled outdoor area extends opportunities for entertaining or simply unwinding after work.

Combining architectural excellence and convenience, these residences represent a unique opportunity to own a brand-new home in one of Auckland’s most coveted coastal post codes. With easy access to beaches, green spaces, commuter routes, and the city centre, this is urban sanctuary places outstanding amenities within easy reach. Be quick to stake a claim in this prestigious enclave where bold style blends with practical urban living so close to the vibrant cosmopolitan precincts fringing the bays’ iconic shoreline.

Set Date of Sale: Closing Friday 21 November

Viewing: Please contact salespeople for viewing details

Wayne Maguire

0274 22 33 77 | wayne.maguire@raywhite.com

Anya Khominich

027 654 3006 | anya.khominich@raywhite.com

Mi Zhou

022 019 6329 | mi.zhou@raywhite.com

4 3 2

303 Matua Road, Kumeu

LIFESTYLE PARADISE & FUTURE URBAN UPSIDE

Considered a premium address for a lifestyle property in Kumeu, this strategically positioned, brick masterpiece, set on approx.4ha of Future Urban land, is a must-see and is sure to tick your boxes!

The beautifully crafted, expansive 560m2 residence offers exceptional living with a wall of floor-to-ceiling glass, 3 ensuited bedrooms, guest accommodation, a study, a separate lounge, a separate laundry, a wine cellar, and internal double garaging.

A thoughtfully designed layout ensures every room enjoys a unique and inspiring outlook, while the scenery outdoors provides a front row seat to nature's grandeur.

The land is flat and well set up, featuring a tennis court, swimming pool, fruit and nut trees, and an established garden, adding to the charm and functionality in a serene rural setting.

The location is excellent-walking distance to Kumeu village shops, cafes, short trip to Muriwai beach, golf courses, wineries, Westgate and Northwest shopping centres, and motorway access.

If you are seeking the perfect balance of comfort, style, and the opportunity of possible future re-zoning / subdivision (subject to council approval), then this property has it all.

The vendor is committed and serious about sellingwe look forward to seeing you at the open homes or contact us arrange a private viewing.

All conjunctional agents welcome!

Set Date of Sale (unless sold prior) - 14 Nov

Viewing: Please contact salesperson for viewing details

Waiatarua

UNLOCK

A RARE DEVELOPMENT OPPORTUNITY-OWN THE REMARKABLE!

This is more than just a property. Fly in by helicopter and step out in style to your private estate retreat. It's an investment in scale, location, and legacy. Whether you're seeking a luxury private residence, a hospitality investment, or a visionary development opportunity, this estate delivers on every level. Owned by one family for over 80 years, this generational estate in the Waitakere Ranges is on the market - offering unmatched subdivision potential and multiple income streams in one of Auckland's most sought-after natural settings.

Subdivision Investment: Potential to subdivide into 7 sections, including existing infrastructure and buildingsfast-track your next development project.

Situated on an elevated 28-hectare site, rich in native forest and protected surroundings - rare landholding this close to Auckland. Resource consent in place for an additional 12 luxury hotel rooms (valid until April 2026), adding immediate value to the existing 28-room accommodation.

Income-Producing Assets Already in Place: Two hotel buildings - one iconic, one newly built - offering 28 highend rooms, each with panoramic views of Auckland City and the Hauraki Gulf.

On-site restaurant, wellness retreat, spa, pool, gym, and full resort amenities supporting guest and event revenue.

Conference centre, wedding venue, and private chapel - ideal for year-round bookings and large-scale events. Helipad and dedicated landing area to attract highend clientele. Two additional serviced apartments and a spacious 4-bedroom home provide further rental or resale opportunities.

Location & Lifestyle Appeal: Just 30 minutes from Auckland CBD, yet completely immersed in naturewith waterfalls, walking tracks, streams, and reserves surrounding the site.

Positioned within the Waitakere Ranges Regional Park - offering tranquility, prestige, and long-term value protection. Access to key regional infrastructure while retaining complete privacy and seclusion.

Investor Highlights: Development-ready site with highend amenities already generating income.

Rare combination of natural beauty, scale, and proximity to Auckland. Short-term and long-term growth potential through subdivision, hospitality, and events. Position yourself above the market - and build the future here.

$15,000,000

Viewing: Please contact salesperson for viewing details

20/20

Weekly episodes, interviews with property Experts & Wayne's tips for Real Estate Agents. Podcast out now!

Listen, Like and Subscribe, out now on all podcast platforms including video on YouTube.

Maguires

RESIDENTIAL

Country & Coastal

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