Posts Tagged ‘Ray White Queenstown’
The Ray White Group results for June 2015 were a record for the month of June and were also the third highest result in a single month for the Group. The sales results were 11% ahead of the same period last year and 1% above May 2015. Our Group members completed 1,281 transactions at an average sale price of $592,000. The number of listings secured increased to 1,422, and that in turn increased the overall listing portfolio of the Group slightly by 2%.
Carey Smith, Chief Executive of Ray White New Zealand, said, “The June results came from continued strong listings by the company during May and June. The company has had an increased focus on the marketing of property by auction, with the auction listing level in the main CBD areas being over 50%. There were three personal best results by company members. The sales in the Auckland market decreased slightly; however this was balanced by increases in Canterbury and the Lower South Island. The balance of areas across the country remained at a consistent high point.”
The top three businesses in New Zealand were led by Ray White Remuera, who continue to produce outstanding sales results with over $57 million in released sales for the month. Ray White City Apartments completed 88 transactions and were the Group’s second strongest office. Ray White Ponsonby featured as the number three office for the Group, continuing their strong focus on marketing, with $35 million in sales completed.
The record results across the Group meant three offices had personal bests for the month. These were headlined by Ray White Papatoetoe, who marketed 21 properties for auction and completed $16 million in turnover. Ray White Browns Bay completed 50 transactions for the month, recording a result of $22.7 million. Ray White Kerikeri had a personal best sales month at $11.3 million.
Across the country; in Northland, Ray White Whangarei featured as the leading office, and Ray White Kerikeri had a record month. In the Auckland region, the top three businesses were also the top three businesses in New Zealand, being Ray White Remuera, Ray White City Apartments and Ray White Ponsonby. The Central North Island featured an outstanding sales month by Ray White Hamilton. Ray White Rotorua and Ray White Papamoa also had a high volume of sales turnover. Ray White Wanganui was the leading office in the Lower North Island region and Ray White Lower Hutt also had a good sales month at $7.9 million. The Upper South Island featured Ray White Richmond as the leading business. In Canterbury, Ray White Metro, Ray White Rolleston and Ray White Next Step were the top three businesses. In the Lower South Island, Ray White Dunedin were the leading office. Ray White Wanaka and Ray White Queenstown produced good sales results.
Ray White New Zealand achieved property sales in excess of $550 million in the month of March 2014. These results were 20% ahead of March 2013 and in comparison to last month sales were up by $220 million which equates to 38%.
Carey Smith, Chief Executive of Ray White New Zealand, said that the month of March “has seen an increased level of properties being submitted to the market and this has been received positively as buyers continue to show confidence particularly throughout Auckland and Christchurch. The recent announcement by the Reserve Bank in regards to the small lift in the Official Cash Rate has not dampened the enthusiasm from buyers and the more recent indications that the LVR policy may be withdrawn as interest rates rise will allow for first home buyers to re-enter the market, which will stimulate the lower priced properties which is the only area that is showing a lack of activity.” The average sale price for Ray White during March rose by 1% to $523,000 and this was 8% higher than the same time last year. The number of new listings has, for the first time in 12 months, increased by more than 9% with the company securing over 1,400 controlled appointments during March.
The top five offices in the Group were led by a record result from Ray White Remuera, who completed sales in excess of $53 million. Business owner Megan Jaffe said that the surge in new listing appointments and the confidence of the local market continued to see a lift in sales. Ray White Ponsonby were the number two office. Ray White Royal Oak also secured a high level of sales. Ray White Wanaka completed a record result of close to $14 million in sales, with Ray White Metro in Christchurch also being in the top five businesses throughout New Zealand.
The Auckland region completed more than $350 million in sales, with Ray White Remuera being the top office. Ray White Ponsonby, Ray White Royal Oak, Ray White City Apartments and Ray White Kohimarama all contributed successful sales months on behalf of Ray White.
In Canterbury, Ray White Metro, Ray White Full Circle and Ray White Lincoln individually all achieved over $11 million in turnover in a month that saw the Canterbury region again lift its volume of sales.
In the Lower South Island Ray White Wanaka achieved record sales of $13.6 million. Ray White Queenstown had another successful month with over $8 million in sales. Ray White Dunedin also had a good sales month.
For all details please see the Lake Edge Residential Development website
A unique and historic lakefront residential development site – situated next to the Kawarau Village in Frankton – will be released to market on-site this weekend (March 15 and 16).Lake’s Edge is being brought to market by Ray White Queenstown and the open-for-inspection weekend will be the first opportunity the public will have to view in-depth plans for the sought-after area. The company unveiled the development at ‘The 19th’ area of the NZ Open a couple of weeks ago with “great interest”. Marketed as “Queenstown’s best lakefront development”, Lake’s Edge is positioned in an idyllic location close to Queenstown and is the only subdivision of its kind currently available.
Ray White Queenstown salesperson Cameron Reed said there was nowhere in the area that had “such amazing views and location”.”Opportunities to own and build on sections as unique as Lake’s Edge simply don’t exist. It’s an incredible piece of land,” said Mr Reed.”From the absolute lakefront sections to the elevated sites with stunning views, each offers that something extra special, with design guidelines that will protect the views from all sections.””This is an outstanding opportunity to own a slice of Queenstown paradise,” he said.”The feedback we had during the NZ Open was fantastic and people are excited to get on-site and gather more information about the development.”
Situated within the Kawarau Village, and once part of the expansive Kawarau Falls Station, Lake’s Edge is steeped in history and is the former site of Queenstown founder William Rees’s home, making it an important part of the area’s heritage.
The development site affords amazing views of the clear waters of Lake Wakatipu, the slopes of Coronet Peak, the towering Remarkables Mountain range, the historic Kawarau River, Skyline, Crown Range, Ben Lomond and – from the higher sections – as far away as Arrowtown.
The extremely sunny sites are positioned within the popular Kawarau Village and the array of shops, cafes and restaurants on site and are within easy access to the Queenstown Trail which winds its way along the bottom of the site alongside the lake’s edge.
The Remarkables ski field access road, Queenstown International Airport and Remarkables Park Town shopping centre are all less than five minutes’ drive away and Queenstown’s CBD just 10 minutes’ drive. The sites, which range in size from 515sq m to 1,047sq m, are priced from $500,000. The open day takes place from midday on Saturday and Sunday March 15 and 16. All services will be installed to the boundaries and design covenants will be in place to protect the views of all the development and maximise the natural surroundings. Titles are expected to be issued in 2015.
For all details please see the Lake Edge Residential Development website
Well-known realtor Ray White and Rotary Club Queenstown have joined forces launching a Christmas gift drive to enable struggling locals to enjoy a better festive season this year. Locals are being asked to contribute new gifts for all ages to The Little Ray of Giving initiative which aims to provide presents and special treats for families facing challenges in the community. Queenstowners are being urged to help by donating a wrapped present and popping it under the Christmas tree in one of three Ray White offices in Queenstown, Arrowtown and Frankton.
“It’s really straightforward and people can really make a difference to someone who might otherwise go without this festive season,” he said. “All people need to do is purchase a small gift for someone of any age and gender. It couldn’t be easier. “In a town like Queenstown it’s easy to think that financial hardship doesn’t exist, but we know that’s simply not true. “There are a number of children, families and even individuals in the Wakatipu who will spend Christmas alone and with very little, while others will have more than they need.”
People can donate newly-purchased gifts such as age-appropriate toys, clothes for children, families and individuals, as well as speciality non-perishable food, toiletries and household goods and other items which “would mean the world to a family in need”. Organisers are also asking local businesses to help where they can and will “willingly accept” kind donations from those who can donate goods, services and activities to a deserving local family.
Queenstown Rotary Club President Peter Laurenson said he “welcomed the idea” which is “extremely important to many in the local community”. “There’ll be many Queenstowners who’ll be doing it hard this Christmas. The Little Ray of Giving enables many locals – including families and those on their own – to have a decent festive holiday with a little joy,” said Mr Laurenson.
For the inaugural year all gifts donated will be distributed by the Rotary Club to Happiness House Queenstown
. Established in 1991 Happiness House is a not-for-profit community support centre which provides much-needed services and support for those living in the Wakatipu District. While it works with a number of local organisations and funding streams it relies heavily on donations and volunteers to ensure everyone in the Wakatipu forms an integral and important part of the community.
Happiness House Manager Karen Stuart said the gift drive would go a long way to helping some local families have a “better than normal Christmas”. “I don’t think people realise how even the smallest of gifts can mean the world to someone. Even the basic items most of us take for granted can be a huge help to someone experiencing hard times. “There’s an underlying number of locals in the community facing a variety of challenges and The Little Ray of Giving drive is a really great way for those more fortunate than others to help,” said Ms Stuart.
All gifts must be new and unused and can be taken to the Queenstown office on Church Street, the Frankton office by the roundabout in Frankton Village, or the Arrowtown office on Buckingham Street. “People just need to identify if the gift is for a male or female and the age range of the recipient and thanks to the Rotary Club of Queenstown their gift will be delivered to a local family who will appreciate the lift to their festive season,” said Mr Smith.
Ray White have over 50 offices collecting gifts for disadvantaged children in their respective communities across New Zealand in December 2013.
Kawarau River Station near Queenstown is on the market for only the second time in its history. The high-country station at the foot of The Remarkables mountain range has 14 kilometres of riverfront land.
Real estate agent Bas Smith, of Ray White Queenstown, said the station spanned 1826 hectares and its sale offered a rare opportunity. “The west end of the property is located across the river from Remarkables Park town centre and the farm encompasses the majority of the northern slopes of The Remarkables.
“It’s entirely north-facing ensuring year-round solar advantage. This, accompanied by the huge water resource, makes for a very attractive proposition. It really is one of the last blocks of land of this nature available so close to Queenstown.”
The station’s history stretches back to the settler era when it was used as the main route to Queenstown. It has legal vehicle access and an internal road, although access through the farm remains at the discretion of the owner. Historically known as Cone Peak Station, the property boasts an array of natural features, including Rastus Burn and Owens Creek. “Kawarau River Station is a profitable working farm with well fenced flats and river terraces grazing cattle and a red deer stud. “It has the potential to return to farming 2000-plus merino sheep once the current breathing period for the high country to regenerate is complete.”
The station has a three-bedroom farm manager’s house near Gibbston, a woolshed, deer and cattle yards and hay shed. The historical Morven Ferry Hotel, the base for many a weary traveller, was also on the property.
The Ray White Lower South Island members joined together recently in Gore for their annual congress, which this year was hosted by Julie Ryan, South Island Performance Manager for Ray White. Members throughout the Central Otago, Southern Lakes and Southland districts joined together to hear a diverse range of speakers including Karen Gilligan, 2013 Canterbury Elite member; Craig Prier, Ray White Auctioneer of the Year; together with Patricia Love, Group Training Facilitator; Carey Smith, CEO of the Ray White Group; and Julie Ryan.
The focus of the congress was centred on reputation and performance. With the continuing requirement for real estate salespeople to market property and to service vendors at the highest level, topics including capacity, marketing and servicing were high on the agenda at the congress. Julie Ryan said the Lower South Island has grown consistently over the last number of years and there is a high diversification of property on offer throughout the area from high profile locations such as Queenstown and Wanaka through to the Southland District of Invercargill and Gore up to areas including Oamaru and Dunedin which all offer continuing value for those interested in real estate in the Lower South Island. Julie said that like many industries, real estate salespeople have to build trust and relationships with their market and being able to discuss this in an open forum is of benefit to all members.
The Lower South Island Congress is part of the Ray White members value where each of our zones have business owner performance meetings and member network and congress seminars to continue to upskill and develop new techniques.
The Ray White Group completed close to $½ billion in property sales for the month of August. This showed an increase of 34% ahead of the same time last year and was 5% up on July 2012. The continuing lift in sales is attributed to the continued repositioning of Canterbury property owners; the consistently lower interest rates as well as the limited number of properties currently available to buyers in the market.
The Auckland zone was again up 36% and this region has shown positive increases every month during 2012. It is the first month listings have positively increased, up by 22% on last month. In Northland the Ray White market share continues to increase, with turnover up by over 100% due to the growth in the Ray White office numbers.The Central North Island region showed a strong increase in auction and controlled listing numbers and turnover was up just over 100%. The Lower North Island showed an increase of 80% with listing stock remaining relatively flat. The Upper South Island decreased in turnover by 9% and this was attributed to the relative lack of stock coming onto the market in this area. The Canterbury region was up by 12% with good listing numbers coming through. The Lower South Island also showed a 54% increase which resulted in listing stock also increasing.
The top five offices for Ray White nationally were Ray White City Apartments who completed over 70 property sales and listed 102 properties. They were also appointed to the release of SugarTree which has over 500 apartments. The Ray White Ponsonby office were number two, completing $20 million in property sales. The Ray White Ellerslie office had an outstanding month, listing 49 properties and completing 34 sales. Ray White Metro in Christchurch unconditionally sold $10.5 million in property; with Ray White Pinehill completing 35 sales for $11 million in turnover.
In Northland, Ray White Whangarei was the top office. In Auckland, other offices outside the top five to feature were Ray White Mt Eden, Ray White Mt Albert and Ray White Royal Oak. The Central North Island had Ray White Hamilton as the top zone office; Ray White Papamoa and Ray White Mill Street in Hamilton also had a good month. Ray White Wellington City and Ray White Palmerston North achieved good sales results in the Lower North Island. In the Upper South Island Ray White Richmond sold close to $8 million in properties. The Canterbury region saw Ray White Metro, Ray White Rolleston, and Ray White Unlimited all complete sales above $7 million. In the Lower South, Ray White Invercargill, Ray White Dunedin, Ray White Queenstown and Ray White Arrowtown showed good results.
Overall the property market in New Zealand will continue to gather momentum as more properties come onto the market through the Ray White Group. The Ray White results reflect market conditions and they also reflect the growth of the Ray White Group, with new offices opening during August in Wanaka, Newlands, Grey Lynn and Broadway.
Ray White Queenstown has secured exclusive rights to list the Kawarau Village Apartments, located on a north-facing, sheltered, lakeside site next to the five-star Hilton Queenstown Hotel and the Kawarau Hotel managed by Hilton.
The unique luxury apartments at one of Queenstown’s most stunning locations are to be released onto the real estate market for the first time. Fourteen of the Kawarau Village Apartments will be released at a launch on July 14.
Ray White Queenstown licensee salesperson Cameron Reed said it was a “hugely exciting” new release because the quality of the apartments was outstanding. “This is an absolutely fantastic location, the very best in Queenstown, complemented by superb, brand-new apartments that have never been seen before or been available to purchase,” he said. “They are truly turnkey properties furnished right down to glassware, cutlery and bedding, with a fit-out by Stewart Harris, renowned as one of the foremost interior designers in New Zealand and in the Asia-Pacific region.” He went on to say “The apartments range in size providing up to six bedrooms, and nearly all feature stunning views of the clear waters of Lake Wakatipu, towards the slopes of Coronet Peak, or the towering Remarkables mountain range. “They’re spacious, well thought-out and unique designs, with very little replication of layout due to the configuration of the buildings. They’re an absolute ‘must view’ for local, New Zealand or international buyers who I guarantee will be delighted with the quality of the build and the realistic market values that have been placed on them.”
Mr Reed said buyers would enjoy the Kawarau Village restaurants, bars and café/deli, shops and day spa.
The apartments will be free of any management contracts and there will be a body corporate set up for each building charging what Mr Reed called “very realistic” fees. Each apartment also comes with a minimum one car park.
Ray White Queenstown has opened a sales office at Kawarau Village and has a sales register for interested buyers. On the July 1 launch day there will be display apartments available for people to view.
“We really want people to come and have a look for themselves at the range of apartments on offer,” said Mr Reed. “Some of the larger apartments include a ski drying room, a small office, a media room, or a substantial deck for barbecues or drinks with a view that’s out of this world. While some will fit the bill for local or overseas investors or perhaps holiday accommodation for those seeking the perfect ski and summer holidays getaway, we envisage that some will be lived in full-time and others will suit retirees who will love being able to walk out onto their deck or patio and straight onto a flat lakeside track bathed in sunshine.”
Kawarau Village has everything anyone could need and it’s within walking distance of Remarkables Park shopping centre, has the lake, walking and biking tracks on its doorstep, is a short drive to two world-class golf courses at Jacks Point and Queenstown Golf Course at Kelvin Heights, and has easy access by car, bus or water taxi into central Queenstown. The world-class Remarkables and Coronet Peak ski areas are less than half an hour’s drive away, as are numerous award-winning wineries, and it’s only five minutes from Queenstown Airport.
The April results for the Ray White Group saw a 34% increase on April 2011, however there was a slight decrease of 8% on March 2012. The results across the country saw the Northland zone up almost 95%, Auckland increased by 64%, the Central and Lower North Island by 5%, the Upper South Island results were consistent with last year, while Canterbury was up 41% and the Lower South Island was the only area to show a decrease, being 29%.
The Group’s controlled listings lifted by 19% in the month of April and this was mainly due to an increase in auctions, which are now at a record level. The Group added an additional four offices in April, being Ray White Bishopdale in Canterbury and in the Northland zone the Diane Quinn group of offices joined Ray White, being Paihia, Kaikohe and Kawakawa.
The top office for the month was City Apartments, who completed 87 sales. The Ponsonby office was number two and individually they had a record month with in excess of $25 million in turnover. Ray White Waiheke Island featured as our number three office in the nation, with Ellerslie and Te Atatu having sales which resulted in them being recognised at number four and number five office respectively. The top businesses in each of the zones were Whangarei, Auckland City Apartments, Papamoa, Napier, Richmond in the Upper South Island, Christchurch Metro and Queenstown.
The Ray White Group also increased its number of salespeople and the total number of offices is now 131. Annualised turnover is expected to now be over $5 billion andour property management portfolio has again increased and now stands at 15,800.
Bas Smith from Ray White Queenstown along with team members Hayden Key, Jess Simson and Matt Wood recently completed the Godzone Adventure race in held in Queenstown between 7th – 14th April. Their team was called Team RnR Sport.
This is a multi-day, non-stop expedition-style adventure race covering approximately 450km that involved navigation, trekking, mountain biking and kayaking over a vast array of different landscapes. Teams had to pass through a series of mandatory checkpoints along the course, which saw them travelling day and night with the decision to rest and sleep being left solely to the discretion of the teams themselves. The maximum time give to complete the race was 5½ days. Making the challenge just that little bit tougher was the fact that the race was an “unsupported” event, so not only was there no assistance at transition points but teams also had to cook for and feed themselves over the 5 days.
Bas reports that he and his fellow members of Team RnR Sport started the race slow and steady and after two days of racing they felt good, had not gotten lost and were in good shape so they picked up the pace and began moving up through the field.
Only 4 of the 36 teams entered completed the full course. Team RnR Sport came in 3rd and was the only non professional team in the top group of 4. This is an amazing achievement, particularly given the team had not raced together before and it was Jess’ first multi day race.
Team RnR Sports stats for this race are quite something:
- 5 days non-stop racing (107 hours)
- 4 hours sleep
- 522km travelled
- 12,182m of ascent
- 3rd place