Kiwi-Irish

Rightmove today sent me a junk email, with their their heading "more amazing deals" for worldwide properties. I scrolled down and checked the NZ house mentioned. This is obscenely expensive! can someone please explain this?! How can this be worth this price for A TWO BEDROOM!

http://www.rightmove.co.uk/overseas-...yType%3Dhouses

They didnt even think to update the carpets before commanding that price - well moody!

shirl

Location Locaton Location and those views must be worth that!!

alanmacc

if you look at the section size at over 2500m2 you would be able to subdivide assuming the consents are there to allow then recoup a wad of cash from it that way And at 260m2 house its not exactly a small holiday home either. ............. just noticed it it in GBP though, pretty sure thats a typo and should be in NZ$

Kiwi-Irish

ooooh, maybe thats the problem - cause Pounds? surely not.

alanmacc

if it is right and they are trying to punt it for $1.3m kiwi then yes they are having a laugh, for that money id go for something like this http://www.premium.co.nz/50109/

we can but dream

alanmacc

or if you want to be really flash

http://www.premium.co.nz/7447/

Kiwi-Irish

F*** me is all I can say ... scuse the French! How nice to be rich.

shirl

fab - wonder how much the window cleaner gets paid to do his job in that location!!!! I look at that view pretty much every day as I have a painting on me wall LOL !!!!! Mrs Bucket would be very much at home!! Richard...... wine and nibbles on the patio dear !!!!

Hokey-pokey

That area looks like Maungatapu/ Welcome bay.1/2 way between Tauranga CBD and Mt Maunganui. I would say they are clinging to the price ( $1000,000 approx ) they probably would have obtained pre-recession. It is a large ? flat section, and a year or two ago would have been snatched up by a crazy developer. Times however have changed.

Wooly_Cow

umm nice - monolithic building construction!

Kiwiprincess

I wouldn't be half surprised at that price considering the size of the land.

The building, no. The land (if it's good and developable) yes.

In saying that, I have no idea about Tauranga and whether that's a good deal. Sounds like a shedload to me!

Hokey-pokey

Plenty of bargains to be had for cash buyers at the moment in the Tauranga / Mt area. Difficult times for a few over committed people at present. Wouldn't touch this one for more than $ 600 k. Actually, I wouldn't go near it at all. ( They don't mention that it also looks out towards a busy motorway ! )

janek

When you want a laugh you can't beat this house, it is continually on the market.
The 18 caret gold taps must be to die for!
I have noticed that it says 3 bedrooms but one would have to be used as an office in this day and age, so that basically leaves a 2 bedroom house with 8 car garaging! What is going on here?! Surprisingly it never sells, great location but has very little land.

http://www.bayleys.co.nz/10655278

Kiwi-Irish

I can't see the price anywhere ...

Madmaxdeux

If you get any change there is always this place to be had

http://www.trademe.co.nz/Trade-me-pr...-247951132.htm