Unlike Christchurch, which saw a surge in new office space after the 2011 earthquake, growth of commercial property in North Canterbury has been comparatively slow. This is despite large-scale residential projects that continue to swell the local population. NAI Harcourts commercial and business consultant Malcolm Campbell says investors looking for commercial property in Rangiora, Kaiapoi and surrounding areas now clearly outnumber listings on the market. “We’ve got people with money who want to buy a building around the $1 million to $3 million mark with a good return on investment. But we just haven’t got the stock to sell them. “So, if people are looking at selling, give us a call and we can set you up with a buyer. There are a lot of opportunities,” he says. The merger between Harcourts International and NAI Global in 2009 has given property owners who list with NAI Harcourts access to a wider pool of investors. Malcolm says these include many in Australia who, like others in the market, are being spurred to seek out investments due to the current low interest being earned on bank deposits. Previously known as Twiss-Keir Realty, the company has expanded in recent years to include offices in Rolleston, Hornby and Lincoln as well as those in Rangiora, Kaiapoi, Hanmer Springs, Belfast and Shirley (The Palms). To discuss opportunities in commercial property, contact one of our eight offices on 0800 789 1011 or find us online at harcourtsfourseasons.co.nz. Leave a Reply. |
James Twiss
Licensed Business Owner of Harcourts Four Seasons Realty 2017 Ltd Greg Roberts
Licensed Business Owner of Harcourts Four Seasons Realty 2017 Ltd Archives
September 2020
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