Category Archives: Accommodation

WOF For Your Investment Property is Coming


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Yes, we are all familiar with a WOF for the car – but for your rental investment?

The signs are clearly there that some sort of WOF for landlords is coming, and it’s never too soon to look at what this will mean for you.

Changes in tenancy laws on 1 July, 2016 meant the following:

  1. All rental properties are required to have smoke alarms.
  2. All new tenancy agreements need to include a statement of the extent and safety of insulation in the property, and any replacement or installation of insulation in a rental property must meet the required standards.

August 2017 — the Wellington City Council announces it will pursue a voluntary rental WOF. It intends to make it compulsory in three years.

WOF for Properties


So, what would a WOF cover?

Well, the best we have is what the Wellington City Council has introduced, and if you are a landlord it would be good to familiarise yourself with the 29 items on the criteria. This includes insulation, heating, ventilation and structural stability. 
The inspector will be checking your investment/rental in the following areas:

  • All walls, ceiling, linings and floors are intact.
  • All surfaces are clear of mould.
  • In a kitchen, adequate food preparation and storage.
  • In a laundry, secure storage with a child safe lock.
  • The lounge will require fixed heating, in the future, it is more than likely that a heat pump will the minimum standard.
  • Portable heating will not be acceptable, unless it’s a unit/apartment less than 50sqm.
  • All windows will require security latches.
  • The front entrance needs to be clearly labelled, identifiable with good lighting on the front and rear.
  • Smoke alarms/insulation standards are already a requirement.

Overall, your investment must be in reasonable condition, with good spouting/storm water which does not leak, and no cracks or holes.

Paths, decks and surfaces are to be free from moss and non-slip.

This is just a quick overview of the changes coming, and it’s never too late to start ensuring your rental property/investment will meet the standards when they are enforced.

Remember, it's also protecting your investment as much as it is maintaining its quality thus attracting quality tenants.

Quinovic Viaduct Property Management is only to happy to work with landlords to put into place plans to ensure your investment is looked after and by doing so, retaining its value for both owners and tenants.


After the Party...


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The party is not all over......

America's Cup

Now that the whole world knows that Auckland is again the home of the America's Cup, and the team plus the Auld Mug are back, it’s time to come and check out the City of Sails (and Foils) and get to know the Auckland city and its attractions. While the Cup parties and victory activities are winding down other parties and events are lining up - theatre, sport, fashion, festivals – here are a few happening over the next three months.

Matilda The Musical - 18 August to 17 September 2017

Get ready for plenty of spectacle and magic with the arrival of Matilda The Musical at The Civic in August.

Roald Dahl’s story of an extraordinary girl armed with a vivid imagination and a sharp mind who dares to take on the terrifying forces of the dreaded Trunchbull and save her school.

The winner of over 70 international awards, including 15 for Best Musical, this Royal Shakespeare Company production is currently playing to sell-out houses across Australia with standing ovations at every performance.

Matilda The Musical

 

New Zealand Fashion Week -- 28 August to 3 September 2017 

New Zealand Fashion Weekend, opening 1 September is the public’s chance to experience the energy and glamour of the biggest week on the fashion calendar. Filled with in-season runway shows, seminars, a beauty hub, discounted designer shopping and a mix of bars throughout the venue, New Zealand Fashion Weekend is the hottest ticket in town this September.

Offering a multifaceted approach, Fashion Week is trade-focused where options for individual or group shows with a captive audience of media, buyers and influencers are virtually endless. However, extending its reach on behalf of designers and fashionable brands, NZFW turns its sights to the style-savvy public from Friday onward, transforming into the much-anticipated consumer-driven New Zealand Fashion Weekend that includes in-season collection shows, the Designer Pop-Up Sale, Beauty Hub and much more.

New Zealand Fashion Week

 

Auckland On Water Boat Show -- 28 September to 1 October 2017       

The September date for New Zealand’s largest on water boat show is timed to fit in when many people are getting ready for another great summer of boating and water activities.  Whether you’re into powerboats, sailing, kayaks or jetskis, or whether you’re refitting your existing vessel or looking for a new one, you’ll find plenty of expert advice, and relevant marine products and services at the Auckland On Water Boat Show.

Auckland On Water Boat Show

Now something really special for golf addicts...

MCKAYSON New Zealand Women's Open -- 28 September to 1 October 2017            

On September 28, Michael Goldstein will be the guy you'll see on the opening day at the New Zealand Open Women's Golf Tournament either chewing his finger nails, or wearing the broadest of grins. Goldstein is managing director of The Clubhouse, the company charged with making a success of the country's first entry to the Ladies Professional Golf Association tour, to be staged at Windross Farm in South Auckland, the old Manukau Golf Club near Ardmore airport. He's also trying to help get New Zealand back on the World Rally Championship circuit after a five-year hiatus.

MCKAYSON New Zealand Women's Open

 

Finally, for the energetic

The Auckland Marathon -- 29 October 2017            

Join in New Zealand’s biggest, most iconic, colourful, cultural running celebration. This is what Auckland is about.

Run, jog, walk, - fulll, half, quarter, or come along and support your friends and family;

The Auckland Marathon

 

With all this going on you will need to book your Auckland accommodation early - it gets very full these days!


Winter School Holidays


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"Mum, I'm Bored"...

Unless you’re a skiing family, school holidays in winter can be a bit of a challenge. So why not be really different and bring the family to Auckland which offers hundreds of events and activities, plus museums, art galleries, funparks, adventures and a huge variety of shopping and dining opportunities.

Viaduct Auckland New Zealand

While the waterfront, especially the Wynyard Quarter, is probably the favourite with visitors, this school holiday season sees the return of the Aotea Centre Ice-skating - a hugely popular event for all ages. A must-do activity in the Auckland events calendar, this year’s Aotea Square Ice Rink is set to be the biggest yet! For the first time, Aotea Square Ice Rink will be complimented by a free Winter Lounge, courtesy of Auckland Live, which will be lit up in celebration of Matariki, the Maori New Year, as well as the beautiful installation Mountain of Light by Angus Muir Design.

Aotea Square Ice Rink

The Auckland Art Gallery is renowned for its international exhibitions - and this year is really special. The body - in all its complexity - will be explored in The Body Laid Bare: Masterpieces from Tate, Auckland Art Gallery's major exhibition for 2017.

Beautiful, sensual and at times provocative, more than 100 artworks from the Tate, London, will tell the story of the nude and trace artists' captivation with the human body over the last two centuries. 

At the heart of the show is Auguste Rodin's 'The Kiss' which is traveling outside of Europe for the first time. Other key works include Picasso's Nude woman in a Red Chair (1932) and Bonnard's The Bath (1925).

Picasso's Nude woman in a Red Chair

After the ice-skating and the Art Gallery, it's probably time to eat - and Auckland's restaurants and cafes offer a huge range of choice, far too numerous to list here - But "Heart of the City" has this fun web page that will give you some great ideas to suit your taste and mood.

With the Lions Tour ending on 8 July, the pressure on accommodation will have slightly eased on city centre and waterfront serviced apartments, so the time to book is now!


No Room at the Inn?


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Auckland visitor numbers are increasing hugely this month as entrants, officials, and supporters of the World Master Games 2017 descend on the city. The organisers of the games say that there will be over 25,000 participants, from more than 100 countries competing in 28 different sports.

Many participants and teams are already here and using our wonderful beaches and parks to get their fitness up-to-date so they are ready to perform to their best in this great community event. Overseas visitors especially will be interested in aspects of Maori culture all around them - and especially at formal welcome ceremonies.

World Master Games 2017

An analysis of the hotel sector last year found unprecedented demand for rooms in Auckland and warns that chances of finding one will get even tougher this year when major events, such as World Masters Games and the Lions Tour, come to the city.

These visitors can't help but notice all the tall cranes throughout the central area - and will correctly assume that we are in the middle of a building boom - with offices, residential apartments and hotels in construction.

lighter quay

This hotel shortage will take time to catch up to demand - but many media are reporting that there is NO accommodation left in Auckland for the World Master Games! Well, it's tight - but there are many different types of accommodation available, many of it as private home stays, and some sports clubs are creating temporary space in their club rooms. But there are also vacancies in serviced apartments in the city centre. Just keep looking!   Auckland is looking forward to welcoming you.

Despite the negative and inaccurate press - THERE IS ALWAYS ROOM somewhere in Auckland for our visitors.  

The mammoth task of preparing for the Games involves countless hours of voluntary work, not just the organisation of all the events, but also the hugely important job of packing the competitors individual back-packs - all 25,000 of them!

Preparing for the World Master Games

 


Critical Shortage of Visitor Accommodation in Auckland


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The popularity of New Zealand as an international destination, and in particular its major city, Auckland, has built up tremendous pressure on the city’s accommodation stock.

To meet current and future demand a record number of new hotels are either planned or under construction to provide for this much needed accommodation.

Critical shortage of visitor accommodation in Auckland

A recent market analysis stated, "Despite Auckland’s large hotel inventory, strong growth across all of Auckland key tourism segments has resulted in a critical shortage of hotel rooms during peak periods and consistently high levels of demand outside these periods".

Visitors have a wide range of options in hotels, B&Bs, rental apartments, serviced apartments, right down to camping grounds, backpacker lodges, and, of course, family accommodation.

In addition to visitor accommodation Auckland city is also expanding its residential stock with several new apartment blocks under construction to meet a growing population and a shift to renting as opposed to owning.

New accommodation in construction at Auckland

As in most major cities, house prices have been climbing which has led to an increase in investment in the apartment market to cater for a growing demand for rental properties. Rents are also rising as rental properties are snapped up by both owner-occupiers and investors.

Auckland is a vibrant, multicultural city and is attracting record numbers of visitors and new residents, and, with strong economic growth, is proving very attractive to property investors.


Auckland Anniversary Day


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Auckland Anniversary Day is  celebrated annually and always includes a variety of events in and around the city and especially on the Monday on the sparkling waters of the Waitemata Harbour.

The holiday usually falls on the Monday closest to 29 January, the anniversary of the arrival of William Hobson, later the first Governor of New Zealand, in the Bay of Islands in 1840. In a tradition dating back to 1842 the day is celebrated by a major regatta on the Waitamata Harbour which features literally hundreds of boats.

AH Reed records in his The Story of New Zealand that there was a whaleboat race between the harbour-masters men and visiting sailors for "a purse of five ponds". Reed also mentions a "native war canoe race", a feature we still have today in the waka race.

.As a yachting event it pre-dates the more prestigious America's Cup by 11 years.

Auckland Anniversary Day

Hobson's barque, the Anna Watson, arrived in Auckland Harbour on 15 September 1840 and proclaimed that Auckland would be the capital of the new colony of New Zealand.

A foundation ceremony took place at 1:00 pm on 18 September 1840, on the higher ground at the top end of present-day Queen Street. Hobson named the new settlement in honour of George Eden, 1st Earl of Auckland, a patron and his friend. The New Zealand Government Gazette announced royal approval of the name on 26 November 1842

The first immigrant ships sailing directly from Britain started to arrive early in 1842. From early times the eastern side of the settlement remained reserved for government officials while the settlers, mostly mechanics and artisans,set themselves up on the western side, in areas like Freemans Bay. 

Auckland Anniversary Day

As the city grew, so too did the regatta until it gained the reputation for being one of the biggest one-day regattas in the world.

Nowadays the Regatta attracts a huge fleet of vessels including, tall ships, gaff riggers, sloops, racing keelers, multi-hulls, sailing dinghies, radio controlled boats, waka ama, elegant sea scout craft, perfectly restored classic yachts, an armada of over 20 vintage tugboats and America’s Cup prototypes.

Auckland Anniversary Day

Apart from the on-the-water action a host events ane activities are taking place around the city.

If you plan to visit the city you consider booking serviced accommodation which may be available close to all the action.


Ready to Make your Property a Rental?


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The Auckland Apartment Market is Hot!

With the current trend towards ever-increasing apartment building many owners/investors will be entering the market and looking for a return by way of rental income for all or part of the year.

Rentals may be short or long term, furnished or unfurnished.

There is plenty of demand for long term unfurnished apartments, especially in Auckland.

Short term fully-furnished serviced apartments are set to be in increasing demand to meet a chronic shortage of hotel rooms in Auckland.

Whatever form of rental is envisaged it is critical that presentation of the property to prospective tenants is of the highest standard.

Here are eight tips to guide new landlords on the rental journey.

1. First impressions are everything - clean the property and present it well.  Remove as much of your personal items as possible.

Auckland Apartment

2. Touch up the painted walls, professionally clean the carpet and replace old or damaged furniture - fresh paint, new carpet and smart furniture makes your potential tenant feel at home immediately.  Create the standard so that your tenant knows how you expect them to return the property back to you.

3. Mirrors bring in light and reflect views into an apartment. If you are lacking views from the property use art works to create a view/style within the rooms.

Auckland Apartment

4. Make sure the property has the style in paint/furniture/soft furnishings that is consistent.  Don’t mix styles and try to choose what suits the development, location and size of the property rather than your own personal tastes.  

 5. Make the beds with fresh linen & towels, clean curtains, and set out the home with items that make the benches, kitchen, bathrooms look practical and spacious.

Auckland Apartment

6. If you want to stand out in the crowded market of rental properties you have only seconds to catch the eye of the renter. Make sure your listing photos are emotive and the captions support the image you are wanting to create.  

Auckland Apartment

7. Remember to include the date the property is available from and all your contact details! 

8. If the property is occupied while you are advertising it, rather than reducing the rent to compensate offer an added benefit to your existing tenant such as a complimentary clean prior to open homes together with some added touches as fresh flowers and/or a bottle of their favourite wine.


Anzac First World War Heritage Trail in Auckland


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Auckland Remembers Those Who Stayed at Home

Each year, on 25 April, New Zealand and Australia commemorate Anzac Day to honour those who fell in battle during the many wars and conflicts over the years. The date itself marks the anniversary of the landing of New Zealand and Australian troop (Anzacs) on the Turkish Peninsular at Gallipoli.

The story of Gallipoli is part of the Australasian heritage - two young nations going to war together to serve King and Country in foreign lands.

While much has been written of the horrendous battles and campaigns of the First World War, there are no battlegrounds here in New Zealand but there are many sites which are significant to New Zealand’s involvement in the war.

Auckland Council has established a trail of 56 sites between Wellsford and Waiuku that were used during that long-ago war by those who stayed behind and played their part on the home front. The heritage trail includes halls where funds were raised to support the soldiers overseas, schools where kids followed the war on maps, the home of a sailor who won a Victoria Cross…. all adding up to a thought-provoking journey back in history.

It is not a walking trail or intended to be followed sequentially, but is designed so people can visit these sites at their own pace and learn the stories of monuments, rolls of honour, war memorial halls, significant gathering places and more. There will be signs that provide you with information at each site until 2019.

Throughout the the Auckland Region there will be many local commemorations on Anzac Day, the largest of which will be the Dawn Service at the Auckland War Memorial Museum.

The New Zealand Government has initiated a programme of events,local and national, to commemorate the 100 Anniversary of the First World War [1914-1918 and wherever you travel throughout  the country you will see reminders of the war that established the Anzac tradition.


Property Investment Management


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After months of steeply climbing property prices in Auckland the rate of increase has slowed down and the market is becoming attractive again to the more traditional residential investor. Quality housing is still outstripping supply and investment opportunities are opening up again.

There seems to be demand coming from investors new to the residential market and they need to establish some clear investment priorities when considering entering this market. Generally the choice will be between long term growth or rental return. Houses typically offer greater long term capital gain if chosen well, while apartments generally provide a higher yield for a lower purchase price – in other words, more rental return for the dollar.

New investments in residential property need to be held for at least two years to avoid being classified as trading with consequent tax implications.

Apartments are generally easier to manage and improve because exterior maintenance is handled through the body corporate for the whole building. Every apartment owner in a block is a member of the body corporate and it is important for intending purchasers to acquaint themselves fully with the Long Term Maintenance Plan for building, and check out the AGM notes for the previous three years.

Apartments will be either freehold or leasehold – the latter meaning rent will be payable on the land. While investors will have their own legal advisers it is wise to consult a reputable property management organisation for expert advice on the potential risks and gains of the investment.

Property managers have the necessary expertise to advise investors on rental returns, body corporate and leasehold arrangements, and can put you in touch with appropriate professionals such as valuers, brokers and real estate agents. The managers naturally take care of day-to-day  matters, lettings, inspections and body corporate relationships.

With any property investment, location is the key. As Auckland’s population and visitor numbers grow, congestion also grows and proximity to public transport will be an important factor in both capital gain and strong rental potential.

The growth of Auckland into a truly international city is already witnessing high demand from overseas companies and individuals for quality rentals – and quality rentals demand quality property management.

 

 


Auckland is Building for the Future at Wynyard Quarter


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Tall cranes abound in New Zealand's international city, Auckland, still referred to by many as The City of Sails which sits on the edges of the sparkling Waitemata Harbour. Those tall cranes are busy constructing offices, shopping malls, hotels and apartment blocks - even a new theatre - mostly within the central part of the city.

Major development activity has been under way since 2011 at the Wynyard Quarter, a reclaimed area bordered on three sides by the inner harbour and the Viaduct Basin, a popular social entertainment venue. Wynyard Quarter is developing as a unique waterside community with its mix of business and commerce, residential and hotel accommodation, open spaces, bars, cafes and restaurants.

                             

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Summer is the time to visit Silo Park, venue for many of Auckland's outdoor events, with concerts, festivals, movies - or just the sheer fun of being there amongst the crowds enjoying the markets or strolling along beside the vessels tied up at the wharf.

If you're staying in an apartment around the Viaduct area  Wynyard Quarter is just a few minutes walk to the west.

 

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