Latest Posts

UPDATE ON THE OVERSEAS INVESTMENT BILL

Property Investment

According to Vesna Wills realestate.co.nz, at present the Overseas investment Amendment Bill is before the parliament and further amendment is required in the Overseas Investment Act 2005. The Bill is being drafted to assure that the investment made by overseas investors benefits the people of New Zealand. The Bill explains the limitation upon the type of investment can be done by overseas investors. To further clarify, the Bill will not be applicable on permanent visa holders and the resident visa holders who have spent most of their time in the country. These individuals will be applicable to purchase housing without

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Around 2000 buildings in Auckland recognized as Earth-quake prone.

Uncategorized

  According to Dileepa from Stuff.co.nz  According to the findings of Auckland council, approximately around two thousand properties around Auckland are capable of posing a risk to the people or the properties nearby in an average earthquake. 1800 properties have been identified as earth-quake prone and the  owners have been sent notices, as well as eight council-owned buildings are also discovered to be in the same category and notices have been posted on them in the last two months. Victoria Theatre in Devonport, Leys Institute buildings in Ponsonby, Studio Toi Tu Ponsonby Road, Grey Lynn Library and three toilet blocks

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Updates on the Proposed changes to the Overseas Investment Act

Apartment to Rent, Auckland, CBD, For Rent, House to Rent, Metro NZ Property Management, Property Investment, Property Owners, Rental Property

According to Greg, the Government is likely to water down is proposed ban on foreign investors buying New Zealand residential property (Interest.co.nz, 19 June). Foreign Buyers would be allowed to buy into larger, multi-unit housing development such as apartment, according to Parliament’s Finance and Expenditure Select Committee. However, before Where a new development had a minimum of 20 units, overseas investors would be able to buy units off the plans, and retain them as investment properties once construction was complete. However overseas buyers would not be allowed to occupy these units themselves and there would be restrictions on how many

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Relax, Foreign Buyers!

Apartment to Rent, Auckland, For Rent, House to Rent, Housing Minister, Metro NZ Property Management, Property Investment, Property Owners, Rental Property, Residential Tenancy Act, Trends

According to Henry from Stuff.co.nz, the proposed foreign property buyers ban has been relaxed for foreign investors looking to buy apartments. “The Government will accept changes suggested by the majority of the Finance and Expenditure Committee in their report on the bill. The major change concerns apartments. Originally the ban would allow foreign buyers to purchase apartments off the plans, but would force them to sell them on once the building was completed. Now the ban will allow foreign buyers to hang on to apartments bought off the plan, as long as they are part of a development that is 20

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METRO OUT AND ABOUT: JACK’S COFFEE, REGUS AND METRO NZ.

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Dearest reader, Last week was busy for us at Metro NZ. The office hosted a great get together for everyone at level 33 of the ANZ Building. In a partnership with David Burton, Metro NZ and Regus, the team had a great networking morning filled with amazing coffee, delicious pastries and incredible people. Our very own John Baatjes led the event giving a great speech and telling everyone about what we do and introducing David Burton from Jack’s Coffee as well as the Regus management. Who is David Burton?   David Burton is the creator of Jack’s Coffee. Jack’s Coffee

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Equestrian Lovers Hideaway in Kumeu

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Dearest reader,   Metro NZ is currently managing an amazing property in Kumeu. We affectionately call it the “Horsey Property” since, besides a fully insulated three bedroom and one bathroom villa, the land is suitable for grazing approximately 5 horses with 8 paddocks and variety of fruit trees. The question on everybody’s lips is: where is Kumeu and what are its attractions? Kumeu is a prosperous rural neighbourhood that is located only 25 kilometres away from Auckland city. The community has a Croatian influence and it is well characterised by being the land of winegrowers. The surrounding areas of Kumeu

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Corporate Leadership in Energy and Environmental Design

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Dearest reader,   This week I came across a very interesting article on The Entrepreneur:” You Can Embrace Green Building Without Breaking the Bank” which brings up the question: SHOULD New Zealand corporate business adopt Leadership in Energy and Environmental Design (LEED)? As a country that prides itself on the fact that its called “Green New Zealand”, maybe its time for us as a country to be greener when it comes to our office workplaces. Another article that made the headlines this week was the fact that an American backpacker blasted the “Pure New Zealand” statement as a real myth.

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CONGRATULATIONS TO OUR TEAM MEMBER

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We would like to congratulate our very own Layla Syou for a very successful presentation at the PoD NZ Business Network. Layla is a graduate of the University of Auckland with a Bachelor of Property (BProp). She has advanced property management and valuation skills and a background in building construction and development. She knows every detail of the property industry and enjoys contributing to the property industry, especially service delivery at Metro NZ. Her background as the Metro NZ Property Management Senior Property Management Office Manager & Head of Asian Division has returned a wealth of experience with coordinating sub-contractors

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JOIN OUR AMAZING TEAM

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Commercial Property Manager and Residential Property Managers WANTED! Metro NZ Property Management is a nationwide property management company in New Zealand with over 30 years of collective experience. Due to the success of our exciting new business divisions, we are looking to expand our network of residential and commercial property managers to provide our highly successful property management products and services. We are looking for candidates who are entrepreneurs and can manage properties independently while increasing our portfolio by meeting targets for new rental property acquisitions. Property Manager We are currently hiring Property Graduates or Property Passionate who can work

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METRO NZ PROPERTY MANAGEMENT GIVEAWAY

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  *1. The Giveaway draw is open to people aged 18 and over who provide their email address after liking Metro’s Facebook Page as well as tagging a friend. https://www.facebook.com/MetroNZ/ *2. Entrants into the Prize Draw shall be deemed to have accepted these Terms and Conditions: *3. To enter the draw you MUST like Metro NZ Property Management Facebook page as well as tag a friend. This will be checked. *4. The closing date of the Prize Draw is 23:59 on 29 March 2018. *5. One winner will be chosen from a random draw of entries received in accordance with these Terms and

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METRO VIP OUT AND ABOUT

Event, Metro NZ Property Management, Property Investment, Property Owners, Uncategorized

Dear reader, Who is Metro NZ Property Management, you may be asking yourself. The easy answer would be a twenty-one-year-old nationwide overly experienced investment and property management company based in Auckland, New Zealand. In honesty, this company is SO more than just that.  We are a group of people that have been in the business long enough to understand the needs and wants of people like you. We are all about values. We manage and invest in property with honesty and integrity and we will always have our client’s best interest at heart. Most of all, we are a family

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THE NEW INSULATION POLICY

Airbnb, Airbnb Management, Apartment to Rent, Auckland, Career, CBD, Devonport, Earthquake, Earthquake, For Rent, Hamilton, House to Rent, Housing Minister, Insulation, Meth Testing, Metro NZ Property Management, New Building Standard, Property Investment, Property Owners, Rental Property, Residential Tenancy Act, Smoke Alarm, Smoke alarm, Trebds, Trends, Uncategorized, Wellington

Dear Reader, GOOD NEWS FOR ALL AROUND NEW ZEALAND: STARTING ON THE FIST OF JULY NEXT YEAR, INSULATION IS COMPULSORY IN ALL RENTAL HOMES AROUND THE COUNTRY. New Zealand is well known for the fact that most rental homes have minimum care about insulation, specially in the colder regions down south like Dunedin. The government of New Zealand has approved a new insulation policy which says that rental homes will compulsorily have underfloor and ceiling insulation, and it is coming in place on July 2019. Property managers are aware of the new changes and even though the policy will only

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MARKET TRENDS FOR PROPERTY MANAGEMENT

Airbnb, Airbnb Management, Apartment to Rent, Auckland, Career, CBD, Devonport, Earthquake, Earthquake, For Rent, Hamilton, House to Rent, Housing Minister, Insulation, Meth Testing, Metro NZ Property Management, New Building Standard, Property Investment, Property Owners, Rental Property, Residential Tenancy Act, Smoke Alarm, Smoke alarm, Trends, Uncategorized, Wellington

Dear Reader,   It is clear that as time goes by, society changes and with time their wants and needs also change. This post will explore what are some relevant global market trends for property management in 2018. The next twelve months will show a few changes in the field and the most relevant ones are as it follows.   Technology orientation According to R. Braun (2018), property management firms should be investing in more technology. Embracing the era of digitalisation and automation will mean that much more will be done faster and things will be done better. The rate

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WHY SHOULD YOU HIRE A PROPERTY MANAGEMENT COMPANY?

Airbnb, Apartment to Rent, Auckland, Career, CBD, Devonport, Earthquake, For Rent, Hamilton, House to Rent, Meth Testing, Metro NZ Property Management, Property Investment, Property Owners, Rental Property, Smoke Alarm, Uncategorized, Wellington

Dear Reader, As a landlord, managing your own property can be quite tricky. There is a whole lot of factors that need to be met, things that need to be done and or amended. Property managers are very aware of everything that needs to be done with a wide background of experience and a lot of answers and resources. Here at Metro NZ Property Management, we have twenty-one years of experience that will most definitely help home investors, be it your first time or not, to actually get the best value out of your property. In summary, according to R.

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THE NEW FOREIGN BUYER BAN BILL

Airbnb, Apartment to Rent, Auckland, CBD, Devonport, For Rent, Hamilton, House to Rent, Metro NZ Property Management, Property Investment, Property Owners, Rental Property, Residential Tenancy Act, Wellington

  Dear Reader, December last year was filled with changes in the New Zealand Government. A bill that would amend the current overseas act was introduced to revise the Overseas Investment Act. The current act applies to  sensitive land, but not residential land. The new bill would fit residential land within the category. According to Housing Minister, Mr. Phil Twyford, the government is determined to make New Zealanders first time buyers able to buy their first home without the competition of foreign buyers. Our property managers have been working hard to make sure our clients get the best out of

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