Demand for rentals down on the North Shore
Kia ora neighbours. While there is a shortage of rental properties nationwide, North Shore landlords are reporting they are struggling to find tenants.
Trade Me Property data showed the number of rentals on the North Shore market increased by 4 per cent in May when compared to June. At the same time, demand in the district dropped by 7 per cent month-on-month.
NZ Property Investors Federation executive officer Sharon Cullwick said a number of North Shore landlords had reported they were finding it extremely difficult to get tenants for their rentals.
“One reason could be that more apartment buildings closer to the CBD are being finished and people are choosing to move into them instead.
Another reason could be the rents being asked for do not meet the market and are too high.”
Are you a landlord struggling to tenant your rental property, or a tenant struggling to find a place to call home on the North Shore? I'd love to hear from you - flick me an email at caroline.williams@stuff.co.nz
Update on 13 Cresta Avenue and 96 Beach Haven Road, Beach Haven
Last year the proposal to build 72 dwellings across land that is zoned for single houses was quite rightly refused by a hearing panel.
Now the developer has applied for a change to the zoning of the land under Unitary Plan to make it easier to allow their development when they next apply.
It is called Plan Change 99 and is open for public consultation until 17 May 2024.
See here for the documents and how to submit:
www.aucklandcouncil.govt.nz...
Plan Change 99 seeks to:
* rezone approximately 7,147m2 of land, at 13 Cresta Avenue and 96 Beach Haven Road, Beach Haven, from Residential – Single House Zone to Residential – Mixed Housing Urban Zone
* introduce a precinct to both sites which incorporates the Medium Density Residential Standards in accordance with section 77G(1) and Schedule 3A of the Resource Management Act 1991.
Real Estate
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Get painting with Resene plant-based paints!
Plant-based paints are made just like normal paint but everything in the tin comes from plants and minerals.
Plus they’re Eco Choice approved with low odour and easy water clean-up, so you can paint or stain your place with ease.
Available from Resene ColorShops.
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