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  1. #451
    Join Date
    Jun 2004
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    9,498

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    Quote Originally Posted by Beano View Post
    The puzzling question I have for you Wayne is why do not more investors buy just the land?
    Becauer they don't know how to get hold of it.
    That's my reason anyway.

  2. #452

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    One reason Beano is that the volume of deals available is almost zero in Auckland.

  3. #453
    Join Date
    May 2008
    Posts
    2,911

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    Quote Originally Posted by Anthonyacat View Post
    It's the last time I'm going to try this argument Bob, as you simply aren't seeing what I am so I feel like I'm wasting my energy posting it, but I'll give it one more go.
    Yeah, we shouldn't get too wound up over this.
    It's only our opinions about something we aren't involved with.

  4. #454
    Join Date
    May 2008
    Posts
    2,911

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    Quote Originally Posted by Beano View Post
    The puzzling question I have for you Wayne is why do not more investors buy just the land?
    The land in these situations is never offered for sale.
    That's how these situations are created.
    If they sold the land then the problem would go away as the new owner would set up workable rules, or alternatively, freehold the property.

  5. #455
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    478

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    Quote Originally Posted by Bob Kane View Post
    The land in these situations is never offered for sale.
    That's how these situations are created.
    If they sold the land then the problem would go away as the new owner would set up workable rules, or alternatively, freehold the property.
    No so Bob ...the agent that sold me a couple of dozen said the leaseholder did not want to purchase. ..they were offered twice before they advertise the freehold ....Colliers agent said to me (it was another agency who sold to me) "why did you buy the rubbish even the leaseholder did not want"
    Bob not all the leaseholders think like you!
    Bob everyone of my purchases were offered to the leaseholder first ....all rejected
    I have seen over $50m of lessors interest offered for sale over the last 2yrs of which over $30m was from Auckland
    Last edited by Beano; 18-08-2017 at 12:45 AM.

  6. #456
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    478

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    Quote Originally Posted by Bobsyouruncle View Post
    One reason Beano is that the volume of deals available is almost zero in Auckland.
    Over the last 2 yrs I have seen over $50m of lessors interest offered for sale ...of which over $30m were in Auckland
    And these were only what I personally saw ... (received the IM ) there could have been many many more!

  7. #457

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    YEs which is nothing BEano. That's why "we" aren't buying it. There's nothing to buy. A teeny tiny niche market.

  8. #458
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    478

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    Quote Originally Posted by Bobsyouruncle View Post
    YEs which is nothing BEano. That's why "we" aren't buying it. There's nothing to buy. A teeny tiny niche market.
    I am happy to a teeny share of a teeny tiny niche market !


 

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