I have heard depreciation on commercial buildings is back again!
Great news ... looking forward to the details.
I use to get $175k depreciation in the old days.... double bonus perhaps with another decrease in interest rate.
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Depreciation on building
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Rebuilding on existing foundations
I'm currently looking at a leaky build with the goal of demolishing down to the foundations / retaining walls and rebuilding. Does anyone have any experience with the challenges of this (especially with council)?
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New build in new subdivision
This seems to be the forum that we have been looking for sometime and at last we have found it!
After many years of trying to buy a house in Dunedin we have now decided to up sticks and build in Central Otago. As we are from the UK we have never done anything like this before and will...
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Any way to avoid absurd NZ building costs in the current market?
$3000 a sqm is just absurd, cost me $750sqm in Qld. And thats with quality materials not Monolithic houses with joinery designed for 15 years life span.
Is there any way to avoid the costs of Kiwi builds. What is the break down that is costing so much? If its project management I have a...
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Hamilton East property development
Gday everyone
I am hoping someone could help me with a few questions regarding developing land close to Waikato university.
At the moment I have 2x rental properties situated next door to each other (26&2. I am looking at developing these two sections in the future...
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storm water and sewer connections
hi all,
just wondering if anyone has an idea of a budgeting number for 2 storm water and sewer connections on a site that has easy access the connections are directly on site. they are about 1200mm deep.
any thoughts appreciated.
thanks
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New Build When to take possession
Hi There, We are currently building a new house which is probably a month away from finishing. The builder has said if we want we can move in anytime the house is finished. Don't need to wait for the final inspection.
Asked what most of their clients do he said that some wait for the...
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Skycity unhappy with delays
The recent SkyCity annual report noted the convention centre and hotel project was the subject of "unacceptable and costly delays" and was proceeding slower than previously indicated.
Someone must have put a blowtorch to the job to speed it up !
https://i.stuff.co.n...
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West Auckland Trades Recommendation
Hi All, I'm about to embark on my first mini renovation in West Auckland. Can anyone recommend trades that are good and fairly cheap. I will need a plumber, electrician, carpenter, tiler/waterproofer.
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Fixed Price or Cost Plus Labour Bulding Contract?
A relative is getting quotes to construct a minor dwelling in Mangere. The best fixed price quote is over budget and they are considering letting the contract on a cost plus labour basis. I would appreciate advice on the pros and cons of these options and any other relevant advice. Thank you.
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What would you do in our situation?
I'm looking for inspiration. We've got 8 empty fully serviced sections and a house in West Auckland. Debt level is 35%. Our income is average (<120k). What would you do in our situation in the current market?
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My Oh Ma
Some scale!
Meet Charles Ma, the 28-year-old land developer behind a $1 billion Auckland housing project
27 Jan 2019
A 28-year-old entrepreneur believes his $1 billion south Auckland housing project will be held up as a "blueprint" for future developments. Land developer...
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Building Two Houses on One Title in rural Auckland
Hi, We are hoping to build a 4 bed house on my in-laws 16 acre property in Waiuku, which also has a 4 bedroom house already on it. We don't want to subdivide as our family will be inheriting the property at some point anyway.
I didn't have much luck with the person at council I spoke to, who...
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Finance to build newbuild units
Hi all. Just trying my luck if anyone can share their views/opinions/suggestions on banks approving loan to build units on a section? We have a 900 sqm land with stand alone house being rented to good tenants. Long term, not sure if feasible or not, at this stage, our goal is to build 4 or 5 2 bedroom...