​New Zealand residential building consents posted their biggest monthly gain in eight months in February, snapping out of a lull that persisted through spring and summer.
Seasonally adjusted dwelling consents rose 14 per cent to 2,605 in February, posting its first double-digit growth since June last year, with new housing permits also gaining 14 per cent to 1,858, Statistics New Zealand said. Annual residential permits rose 8.7 per cent to 30,162 in the year through February 28, and new house consents gained 9.1 per cent to 21,326.
New building issuance has softened in recent months as the energy in the Auckland housing market slowed with the imposition of lending curbs and tougher credit criteria, and on an actual basis, residential building consents were 1.6 per cent higher in February from a year earlier at 2,418, with new housing permits up 2.9 per cent at 1,761.
"While we saw a strong seasonally adjusted increase this February, the actual number of homes consented was up only slightly from last year," business indicators senior manager Neil Kelly said in a statement.

New Zealand's property market remains problematic for policymakers, with central government laying much of the blame on local authorities' planning processes in stifling supply which has led to a bottleneck driving up prices as the nation experiences record inbound net migration. That's led to a massive pipeline of building work to meet the housing shortfall, although the building sector is facing capacity constraints, especially in Auckland where the need is most acute.
Today's figures show 800 new consents worth $342 million were issued in Auckland in February, compared to 787 permits worth $404m the same month a year earlier. In the year through February, 9,310 new dwelling consents were issued in the country's biggest city, still below the 13,000 estimated to be needed to keep pace with an expanding population.
Westpac Banking Corp senior economist Satish Ranchhod said there had been "soft issuance" in Auckland in recent months, but the city experienced a strong rise in multi-unit dwellings in the latest figures.
"With the Unitary Plan having now cleared legal hurdles, it appears developers are coming back into the market. Nevertheless, with only around 10,000 consents issued over the past year, the level of issuance in Auckland still remains below what's needed to keep up with surging population growth in the region," Ranchhod said in a note. "We expect to see consenting and home building rising over the coming year."
Consents in Canterbury continued to taper off as the residential reconstruction effort slows, with 361 new permits issued in February, down from 525 a year earlier.
The value of non-residential building work rose 10 per cent to $410m in February from the same month a year earlier, while floor area consented shrank 13 per cent to 189,000 square metres. On an annual basis, the value of non-residential work rose 5.3 per cent to $6.09 billion while floor area shrank 18 per cent to 2.63 million square metres.
Source: NZ Herald

For Sale: 23 Kingswood Road, Brookfield, Tauranga 
Salesperson: Dave Elers 027 543 2792
Deadline Sale closes 27/4/2017 at 4pm 115 Cameron Road, Tauranga (unless sold prior) 

Immediate possession is available on this property. Featuring 3 bedrooms, open plan living, great interaction through stacker doors onto the large BBQ deck. Single garage, Plenty of section for the kids to entertain themselves.

Short walk to Brookfield shopping centre. Also handy to various schools in the area. This is a must view be quick to secure this gem.
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Call Dave for a viewing.

5 Sinclair Street, Greerton
For Sale: By Negotiation
Contact: Emma Tillott 027 736 6256

This solid 200m2 brick home is a rarity. Immaculate upstairs with so much potential downstairs. Top level consists of 2 bedrooms, bathroom, kitchen/dining, living area and sunroom, all newly painted and carpeted. 

Downstairs is where the difference comes in - 1 large bedroom, toilet, laundry, and a huge space that awaits for a builders handiwork to create a fourth bedroom, second living area and bathroom, adding huge value to the property.

Renovate or leave as is and appreciate the large space as extra garaging and workshop. Situated in the heart of the Greenpark School zone, this family sized home is an amazing investment that is not going to last long on the market.
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Call Emma today on 0277366256 and arrange your private viewing. You'll be glad you did.
To view more photos go to:
http://www.nz.open2view.com/properties/393324

12b Portland Street, Welcome Bay, Tauranga
For Sale: $419,000
Listed by: John Foot 021 525 258

This cosy 3 bedroom home could be your first step onto the property ladder. Tidily presented and affordably priced for a quick sale, it is in a great location overlooking Selwyn Park. Sunny north-facing aspect fringed with established trees giving a feeling of peace and privacy. Quiet cul-de-sac location and just a short walk to the highly regarded Selwyn Ridge School, kindy and bus. Just perfect for a couple or small family.

Currently rented, our market rental appraisal is $400 per week. Sitting tenant would like to stay if possible. Take this opportunity to secure your first property investment while interest rates are still low. 
Whatever you do, don't wait! Homes at this price are getting hard to find. Call now for a viewing or visit the Open Home this Sunday from 12.30 - 1.00pm.
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To view more information go to http://www.nz.open2view.com/properties/393228

Apartment 1506-72 Devonport Road 
For Sale: By Negotiation
Listed by Colin McGonagle 027 493 4177
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Wake up to commanding unrestricted views from the Mount to the Pacific Ocean and islands on the horizon, from the comfort of your stylish 15th floor residence in the Award winning Devonport Towers. 
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Two bedrooms (master ensuite & walk-in wardrobe), modern kitchen with granite benchtop, gas cooking & heating, spacious balcony, secure carpark & locker. 

Relax in the peace and tranquility of the harbour while embracing the port activity, entertaining Strand events, fireworks, air shows and the panoramic night lights. 

Your Inner city & harbourfront lifestyle awaits. 

Phone Colin for your private viewing.

To view more photos go to http://www.nz.open2view.com/properties/392588

The weekend of wild weather in parts of New Zealand has been an eye-opener for many landlords and property managers.
Tenants and residents in the outer Auckland areas were forced to evacuate their flats and houses after gushes of water flowed through their properties.
So, what is the correct protocol for property managers and landlords when rented properties become uninhabitable?
Section 59 of the Residential Tenancies Act (RTA) applies when the premises are uninhabitable by reason of a natural event which has not been caused or contributed to by the landlord.
 “Properties can become uninhabitable when flooding goes through a dwelling,” tenancy.co.nz legal expert Scotney Williams said.
“It is more than just water damage, which itself can be substantial but in most cases in flooding, the storm water can mix with sewage effluent and this toxic mixture adversely affects the ability to safely live in the dwelling.
“Lack of electricity on its own will not automatically give rise to uninhabitability.
“When the catastrophic event occurs, the dwelling must be cleansed to ensure that it is not just dry again but safe to live in.”
In these circumstances, the rent abates to zero and the landlord, in accordance with Section 59-2 of the RTA, is liable for the cost of housing the tenant in alternative accommodation for up to seven days.
“The protocol under the RTA is that when a dwelling is considered uninhabitable the tenant can give two days’ notice or the landlord seven days’ notice to terminate the tenancy agreement.
“When the landlord gives seven days’ notice then the landlord has the legal obligation to house the tenant for the seven days of the notice.
“The landlord should be able to recover some of the accommodation cost implicit in this seven-day period in which the tenancy continues albeit at a different location and in reduced circumstances.”
 Tenants belongings are a different story.
“Where a catastrophic event occurs the tenant’s, personal effects are at their risk. The landlord has no obligation to assist the tenants with their loss.
“This is the best example need for tenant insurance.”

Source: ​by TPS-admin | 14 Mar 2017 | Health & Safety, Landlord, Property Manager, Tenant

Tauranga and Mount Maunganui - the jewel in the crown of the beautiful Bay of Plenty. New Zealand's fifth largest city.  The country’s busiest port.  And sunshine and beaches forever. You’ll find horticulture here. Kiwifruit, Avocado, Passionfruit and anything else that likes a sub-tropical climate.  

Just 8 minutes from Tauranga's newest commercial development - The Crossing, and only 20 minutes from the city centre, Rosina Park is a response to those who want to live in the beautiful 'Bay' but who also require a premium address with privacy, space and superior surroundings.

Build your dream home here with plenty of room for garaging, outdoor living and green space. There are covenants to maintain the special character of the development and all properties at Rosina Park enjoy post & rail fencing and a set back entrance way.

Every lot for sale has an approved house site.

Rosina Park – beautiful lifestyle sections – now available on 10% deposit – the balance on issue of title expected in March 2017.