Welcome to the June 2022 issue of the APM Client Newsletter.
Company update from Bill – Nothing Stays Still at APM!
Mānawatia a Matariki!
Last week our Waiheke team moved to their new office at 134 Ocean View Road, Oneroa and next month our city team will move from Manukau Road to Grafton. Our new city office is on the second floor of Spartik House, 6-8 Edward Wayte Place, just off Khyber Pass Road. The fit-out is in progress now and, as long as the gib board arrives on time, we’ll be open for business at the new premises on or before 1 August. We’ll all be on one floor (including our Reception team) and will be well set up to host visitors.
Given the need to invest in new signage for our new offices we decided that now was a good time to review our brand. It’s no secret that, while the ‘Auckland’ in our name works well for our Auckland business, it doesn’t do us any favours outside Auckland. Voice Brand Agency is conducting the review for us and we look forward to sharing the outcome of their work with you soon.
I’m proud to say that, despite this short-term focus on office space and branding, our business continues to grow. Our residential property management portfolio is 110 properties bigger than it was this time last year, our commercial property portfolio has doubled in size and we have taken on 12 new bodies corporate representing 142 separate unit titles. Our Waiheke Escapes business has taken on some stunning new holiday rentals and we will shortly be launching our ‘HomeWatch’ service which provides property management services for untenanted properties.
If we can be of assistance to you with any of your property management needs, please call us.
Kind regards
Bill Highet
Managing Director
Auckland Property Management
A Word from Howard – Professional Services and Property Investment Opportunities
A big part of property management is relationships – building and maintaining relationships with owners, tenants, contractors, suppliers, and industry peers. It’s the latter that I have focused on lately to help bring more value to our clients and offer additional services such as accounting packages. In light of this, we are pleased to be part of Prop’D Up (www.propdup.nz), an organisation aimed to bring those in the property industry together (such as accountants, mortgage brokers, insurance brokers, real estate agents, lawyers etc). This partnership has helped us meet other professional service providers and we have a few things in the works such as educational videos and in person seminars – so watch this space!
Through Prop’D Up we have also been privy to property investment opportunities in Auckland. We have been provided detailed information on properties available for purchase in developments such as Central Park (Ellerslie), Augustus Park (Parnell), Parkside Residence (Mount Wellington), Symphony 303 (Epsom) and Pacifica (City Centre).
Visit our website for more details on the five new build developments, and contact our business development team if you are interested in a rental appraisal for each development.
As noted by many commentators, Government changes to tax treatment for investment property have incentivised the purchase of residential property off the plans. In the last newsletter I mentioned that property investment is a long-term strategy; going through the ups and downs is the cycle of any investment process and property is no different. The property market has shifted to a buyers’ market so, if you are looking to expand your property portfolio, then I invite you to take a look at developments that are available, such as those mentioned above.
Many comparisons have been made between shares, real estate, crypto currency, and bonds etc. Despite a big drop in value, property is still one of the best investments over the medium and long term. Our team of professional managers are available to chat to you anytime if you have a body corporate, commercial, residential, or Waiheke Island holiday home investment that needs professional management. We are proud to be on the property journey with many of our clients and we hope to provide many more with reduced risk management.
Kind regards
Howard Morley
Director
Auckland Property Management
Residential Property Management
MBIE Audits Property Compliance
We have been spot checked by MBIE on property smoke alarm and insulation compliance in their latest audit. Celia Burbery, General Manager discusses the MBIE Audit process – what it means, what records are audited, and what we do on behalf of landlords whose properties are randomly chosen.
Kind regards
Celia Burbery
General Manager – Property Management
Auckland Property Management
Bond System to be Revamped
Tenancy Services is working to replace the current bond system with a new one that is more user-friendly and fit for purpose in order for landlords and tenants to get a better experience.
Body Corporate Management
UTA Amendment Bill Update
Body Corporate General Manager Steven Garland gives an update on the UTA Amendment Bill now that it’s in Royal Assent. Our Body Corporate Managers are being briefed on the changes by Unit Title Law specialists.
Kind regards
Steven Garland
General Manager – Body Corporate
Auckland Property Management
Commercial Property Management
Commercial Team update – We welcome new members!
The last couple of months have been very busy for the Commercial team and growth of the portfolio has meant we have gained some new team members to help. James Bangerter, Commercial General Manager introduces our new Property Managers after a portfolio acquisition.
Kind regards
James Bangerter
General Manager – Commercial Property
Auckland Property Management
Waiheke Escapes
Welcome to our new Waiheke Escapes holiday homes
We are pleased to showcase our recent holiday homes that have joined our holiday division Waiheke Escapes. Check them out on our website and book direct to save on third party fees!
Getaway Waiheke
Oneroa
Sleeps 6 guests
3 bedrooms, 2 bathrooms
5 minute walk to Oneroa village/beach
Kennedy Views
Surfdale
Sleeps 6 guests
2 bedrooms, 2 bathrooms
Great views over Hauraki Gulf
Onetangi Nest
Onetangi
Sleeps 5 guests
2 bedrooms, 1 bathroom
Short stroll to restaurants and beach
We also have a current ‘Stay for 3, Pay for 2’ promotion running with participating properties. Contact us to book your Waiheke escape!
+64 09 638 2551
APM News
Waiheke Office has Moved
As mentioned by Bill above, our Waiheke island office has moved to 134 Ocean View Road, Oneroa.
There is plenty of off-street parking should you need to visit our Property Managers, contact details and Waiheke island office hours remain the same – 9.00am – 5.00pm, Monday – Friday. Reception phone: +64 09 638 2570.
Meet our new team members
7 Questions With…Amie Russell
Amie Russell, Residential Property Manager – Waiheke Island
I’ve been working in property management for about 2 1/2 years.
I wanted a change of industry from working in Travel while looking to remain locally based on Waiheke, I like the diversity of the role and the daily challenges that create small wins.
A challenging aspect can be the islands unique property layouts and quirks. New Waiheke Island owners would benefit from the community roles I play and the extensive network reach I have.
Maldives. I am fascinated by the out of the box experiences available there.
A bit of both, early bird to hit daily task targets, but I love some personal Netflix time in the evenings!
Have a laugh with friends, and going to the beach in summer – all day.
I listen to the Radio, mainly the station Flava, but I also switch to George for some energy!
