NAI Harcourts Phoenix


Christchurch 2014 Update

Christchurch 2014 Opportunity Update

These are the simple facts:

          •  Our economy is one of the fastest growing in the developed world.
          •  Average wages have grown 13% over and above inflation over the last five years.
          •  The Government is on track to return to surplus in 2014/15, and then start repaying debt.
          •  Our reforms to the RMA and our housing accords with councils will see more homes built.
          •  Crime is at a 30 year low, with a 17% drop in the past three years alone.
          •  We’ve continued to invest more in health and education, while balancing the books.
          •  We’ve increased superannuation by 25% since 2008.
          •  $3.9 billion of residential and non-residential building consents have been issued in greater Christchurch since 2010

As a direct result of the earthquakes, Christchurch lost 1250 commercial buildings in the central city and 300 commercial buildings outside the CBD. To replace the commercial buildings within a 10 year time frame would require a new building to be opened every three days during this period. Clearly, a monumental undertaking.

Despite the challenges that Christchurch faces however, it is clear that our story is not one of doom and gloom. A unique and exciting opportunity now exists for the future of the city to be shaped with careful consideration and planning - both in terms of choosing how our city looks, and the economic and employment opportunities that will arise as a result of the rebuild process.

When it comes to Commercial Property Sales, marketing is everything. It is very important that you are working along somebody that has the experience and the resources needed to help your property gain maximum exposure. There are also a few different marketing approaches, it is imperative to choose the best method of sale to achieve the highest possible price on the best terms and conditions within a predetermined time frame.  We can help to ensure that you make the correct marketing decision for your property as each is unique.

NAI Harcourts Phoenix has a dedicated team of consultants with vast experience in the commercial real estate sector.  They can guide you through the world of commercial sales and leases with professionalism and expert knowledge.  For more information please visit their website or contact us today.