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Thanks for your comments folks, that gives me a better understanding. Intersting concept with the NZ holiday Westan.
Bryce
Mini,
Im interested in buying NZ – keep me on your dist list.
I attended a NZ Property seminar in Sydney not long ago, they were flogging those new high density units going up in Auckland. Developers are Conrad Properties, Mc Leod, Kitchener and Symphony Group. Apparently 4 new villa style blocks in suburban Auckland will be on hand in the next few weeks. (these sound OK)
These guys sell plastic wrapped deals with off the plan property, deposit bond, finance and property management – Frankly i know i can get a better deal if i get off my backside and do some research (or pay someone else to)
Besides, how many of these apartments can they bang up in the centre of Auckland before there is an over supply and CF+ turns CF- with big vacancies? Reminds me of the recent situation at Melbourne Docklands – loads of people were stung.
To give credit where it is due – i did find the seminar very beneficial and i learnt alot about NZ.
OPINIONS ON THE POSSIBILITY OF HEAVY OVERSUPPLY IN AUCKLAND CBD WOULD BE WELCOMED.
Bryce
Mini,
Im new to this forum – i was glued to this thread last night. Your comments were inspirational. I thought id come back today and print them off for future reference only to find you have deleted them??
Do you still have a copy?
Bed.
Nah, March maybe.
Bed.
