City Fringe Flyer Feb 2016 #69

8/20/2019 City Fringe Flyer Feb 2016 #69

http://slidepdf.com/reader/full/city-fringe-flyer-feb-2016-69 1/4

City Fringe FLYER

New Property Tax RulesShaun McGivern, from Haigh Lyon, provided us with a explanation on the new tax rules. The Property Tax Rules changedon 1 October 2015, with a couple of important changes that you should be aware of. The new bright-line test will requireVendors to pay tax on capital gains on residential property bought andold within two years. There will however be three exceptions to the rule:

1. If the property being transferred qualifies as your “Main Home”;2. If the property is transferred under a property relationship agreement; or3. If the property is transferred by an executor or administrator for a

t is important that you can however only use the “Main Home” exemptionwice over any two year period. You are a lso not eligible for the “Main

Home” exemption if you show a regular pattern of buying and sellingesidential property. You can only live in one “Main Home”, and that is thehome that you have the greatest connection to.

When buying, selling or transferring property in New Zealand, you will need toprovide your New Zealand IRD number, and your tax pay identificationumber from any countries where you have to pay tax on your worldwide

ncome. You will also need to c omplete the Land Transfer Tax StatementTax Statement) and provide this to your solicitor as they will need to enterelevant details into the e-dealing with Land Information New Zealand, thatas been prepared to effect the transfer.

or all properties being purchased under a Trust, you are now required topply for an IRD number. This process could take up to two weeks.

To avoid delays in settlement, we strongly recommend applying for an IRDnumber before you even start the buying or selling process, as your transfer

annot be registered without an IRD number for the Trust. The forms formaking an application for an IRD number are avaliable online and in the

ase of Trusts, the applicant will need to provide a copy of the Trust Deedlong with the tax details of each Trustee. The Inland Revenue will then issuehe Trust with its own IRD number which is entirely separate to that of the

Trustees. You will also need a fully functional New Zealand bank account asyou will need to include this on your IRD number application.

Vendors should not overlook that existing tax rules still apply to dealings inand where the property was purchased and sold within 10 years. Typically,hese rules affec t people that have been in business of dealing with land,uilders and developers or where the land has been subdivided.

t is strongly suggested that youontac t your solicitor or yourc countant at an early stage tossess your tax position.

ubmitted By Shaun

McGivern

deceased person’s property.

Santa was kept busy in one local household

delivering lots of presents to the Uhila Children -

made up of four sets of twins and big brother

Micah. Newest editions Mia & Levi experiencedtheir first visit to Santa’s grotto in Westfield St Lukes

along with the rest of the family,

Mum Emma, Dad Loma, Micah, Ava, Lily, Isla, EdenEmme & Indie

A Whole Lot of

Christmas Cheer!

“Buy on the fringe and wait. Buy land near a growing c ity! Buy real estate when other people want to sell. Hold what you buy!”

(John Jacob Astor)



Tony Whyte021 896 425

Rentals

Shane Ryder0274 222 585

Rentals

Des Ryder0274 222 334

Rentals

Sarah Williams

021 326 343

City Fringe Flyer is a community newsletter and readers should seek professional guidance before acting on any advice,

opinion or information found in its columns. It is published by Anne Duncan Real Estate Ltd, which cannot accept any

liability or responsibility for any loss or damage suffered by any individual or group acting on any material it contains.

Editorial inquiries: [email protected]

Anne Duncan Real Estate Ltd MREINZ

LICENSED REAL ESTATE AGENT (REAA 2008) The Team

746 New North Road,

Mt Albert, Auckland

Ph 09 846 9470

anneduncan.co.nz

HOW TO REACH US

THINKING OF SELLING?

For an obligation-free appraisal of your

home, fill out this slip and drop/post it into

our offices: 746 New North Rd (opposite

Rocket Park). We’ll make contact after that.

Your name

Address

Phone

What best describes your

position? (tick)

Keen to sell now/soon

Need appraisal before

making up my mind

Simply interested in what

my house is worth

Jamie Morrison021 684 400

Vincent Barnao021 275 8925

Emma Duncan021 845 347

Wendy Keats

021 216 7332

Kerry Glengarry

021 977 670

Theo Thrasy

021 0277 6517

Simon Puffett 021 222 2194

Rentals

Damian Sheridan 021 921 229

Rentals

Greg Whitta021 992 612

John Covich021 946 933

Anne Duncan021 996 426

Miriam Fan

027 292 9778

Joe O’Sullivan0279 154 781

Michelle Roache021 615 207

Anya Poching021 708 968

Rachel Berry021 195 4321

6 Mt Royal Ave, Mt Albert

The New Year is

here...

nd so is our newteam!

elcoming Michelle,

Anya, Rachel and

west member Rasam!

Anne Duncan/ Emma Duncan$1,660,000

31 Alexis Ave, Mt Albert

$1,600,000Joe O’Sullivan

2/15 Stewart Rd, Mt AlbertJamie Morrison

$900,000

7 Wakaroa Ave, Te Atatu PeninsulaKerry Glengarry

$1,125,000

16A Fontenoy St, Mt AlbertKerry Glengarry / Rachel Berry

$990,000

82 Holly St, AvondaleJamie Morrison

$904,000

S O L D

S O L D

S O L D

S O L D

S O L D

Rasam Moghimi022 1747 007

For Sale

For Sale

Delightful 1960’s weatherboard

bungalow. 3 bdrms, spaciouskitchen and living, make it

perfect for your family. Basking in

sunshine with 3 sets of french

doors along the north-facing

side which opens out onto an

extra large deck; ideal for

entertaining.

S O L D

11 Kashmir Rd, Glen Eden

web ID AD 13327

Rasam Moghimi 022 1747 007

By Negotiation

55A Powell St, Avondale

By Negotiation

Options a plenty here,

3 bedrooms with 2 living spaces

and 3 bathrooms, or substitute

one living area for a fourth

bedroom. Either way you look at it,

this home is a heart throb.

Jamie Morrison 021 684 400

AUCTION web ID AD 13345

20 Fifth Ave, Mt Albert

AUCTION 7pm Wed 16 March 2016 *

Character filled early1900’s villa with

3 generous sized bedrooms. Open

plan living leads onto sundrenched,

private entertaining area.

Gladstone and MAGS school zone.

This is one not to be missed!

Michelle Roache 021 615 207

See All Our Listings at

“Home is the nicest word there is.” (Laura Wilder)

Unless sold prior



22 Pasadena Avenue, Pt Chevalier

Renovated duplex with

open plan living, spacious deck,

3 bedrooms, enormous master

complete with private patio

and ensuite. An alternate to

apartment living with

the added bonus of land.

AUCTION 7pm Wed 17 February 2016 *

John Covich

021 946 933

818A New North Road, Mt Albert

This much admired residence is

simply huge with 6 bdrms,

3 bthrms, 3 living areas plus

office. Located in a handy

Mt Albert location, in zone for

MAGS and Gladstone schools.

It’s ready to move in and enjoy.

Anne Duncan

Emma Duncan

021 996 426

021 845 347

26D St Lukes Road, Mt Albert

42B Finch Street, Western Springs

12 Brewster Avenue, Mt Albert

10 Ranleigh Road, Mt Albert

86 Mt Royal Avenue, Mt Albert

30A Taumata Road, Sandringham

23 Monaghan Avenue, Mt Albert

19 Asquith Avenue, Mt Albert

AUCTION Midday Wed 24 February 2016 *



AUCTION Midday Wed 24 February 2016 * AUCTION 7pm Wed 2 March 2016 *





If you love the charm of villas

then look no further than this

well presented home with

character feautures throughout.

3 dbl bdrms, separate formal

lounge with open fire &

2 bthrms. The extra large

sunroom provides further

options for another bedroom,

office or living space.

Kerry Glengarry 021 977 670

Funky 4 bdrm, 2 bthrm cedar

home spread over multiple levels.

Perfect pick for investors, families,

first home buyers or those wanting

a city fringe retreat. Open plan

living with great indoor flow to a

garden oasis.

Anne Duncan

Emma Duncan

1930’s weatherboard family

bungalow that’s just oozing with

options. Open plan living and

dining with separate kitchen.

Lounge features a gas fire, large

bi-folds that open onto a patio

and a private backyard with adbl garage, making entertaining a

breeze. In zone for both MAGS &

Western Springs College.

021 996 426

021 845 347

Kerry Glengarry 021 977 670

web ID AD 13325

Located in the Golden Triangle, this

impressive and instantly appealing

extra large family home will tick all

the boxes. Awesome views, 5

bdrms plus an office, 3 bthrms and

4 living areas, with fantastic

indoor/outdoor flow. Be quick thisis worth getting excited about.

web ID AD 13334

web ID AD 13330

web ID AD 13331

web ID AD 13324

Anne Duncan

Emma Duncan

021 996 426

021 845 347

web ID AD 13335

web ID AD 13340

web ID AD 13344

web ID AD 13337

web ID AD 13338

Large 4 dbl bdrm, 2 bthrm,

family home plus a separate self-

contained granny flat. Fabulous

north facing in/outdoor living.

Extensive views from upper level.

Freehold 500m2 site, Mags zone.Vendors have bought.

Home and income in MAGS zone.

A rare find four bedroom home

with two living. Large fully self

contained1 bedroom flat.

Greg Whitta

021 992 612

Fabulous 2 storey bungalow in a

perfect location. Just a hop skip

and a jump to Gladstone Primary.

5 bdrms, 2 bthrms, 2 living,

gorgeous entertainer’s kitchen

and open plan living withindoor/outdoor flow.

Anne Duncan

Emma Duncan

021 996 426

021 845 347

Jamie Morrison

Vincent Barnao

021 684 400

0212 758 925

Fabulous 2 storey, 4 bdrm 1940’s

stucco bungalow. Living opens

onto a large deck and private

backyard with views from the

upper level. Plenty of off-street

parking plus garage and storage

under the home. Gladstone &Mags zone.

Kerry Glengarry

021 977 670

* All auctions will be held in the Anne Duncan Real Estate Auction room - 746 New North Road, Mt Albert

* Unless sold prior to auction date

anneduncan.co.nz



1/68 Malvern Road, Mt AlbertSunny & light, this 1 bedroom,

weatherboard unit is the first in

a block of 4 and includes 1 off

street car park. With a leafy

outlook to Fowlds Park and

living flowing to a private and

sunny courtyard, this is perfectfor investors, downsizers or

first home buyers.

Rachel Berry 021 195 4321

3/9 Fairleigh Avenue, Mt AlbertSpacious one bedroom brick

and tile duplex located in a

sought after Mt Albert location.

Open plan living with plenty of

storage, perfect for an

investment, downsizing or 1st

home opportunity.

Anne Duncan

Emma Duncan

021 996 426

021 845 347

61 Bollard Avenue, New Windsor

21 Powell Street, Avondale

26A Hatherlow Street, Glenfield

36A Riserra Drive, Ranui

61A Finch Street, Western Springs

19 Layard Street, Avondale

137 Taylors Road, Mt Albert

31 Kingsland Avenue, Kingsland








Renovated 1930’s character

home comprising 4 bdrms, 2

bthrms, modern kitchen and

open plan living. Large deck

that flows into garden with

off-street parking close to Mt Albert Grammar School.

Wendy Keats

Sarah Williams

021 216 7332

021 326 343 AUCTION 7pm Wed 16 March 2016 *

web ID AD 13323

web ID AD 13326

web ID AD 13339

Room to improve in this 1960’s

2 bedroom home with

polished floors and open plan

living. Fully fenced private

garden, stand-alone single and

double garages on 506m2freehold site.

Wendy Keats

Sarah Williams

021 216 7332

021 326 343

web ID AD 13333

web ID AD 13332

web ID AD 13328

web ID AD 13343

web ID AD 13329

web ID AD 13336

web ID AD 13341

Recently renovated three

bedroom, 1960’s bungalow on

a freehold site.

Walk to shops, transport

and more!

1920’s character, brick and solid

plaster bungalow currently utilized

as 3 bdrm and office. Open plan

living with French doors opening

onto covered deck. This home

provides unlimited opportunity to

add even further value. Sitting on agenerous cross lease (undivided

1/2 share of 1323m2) with its own

driveway entrance.

Vincent Barnao

021 275 8925

Affordable renovated first home

in ROW position, on a generous

cross lease site. 3 dble bdrms,

open plan with polished floors

and white walls give this home a

contemporary look.

Vincent Barnao

021 275 8925

Jamie Morrison

021 684 400

Cutie in Ranui.

First home buyers and landlords

must view this recently

decorated 3 bedroom home

with seperate activity area for

office/study/workshop.

Wendy Keats

Sarah Williams

0212 167 332

021 326 343

Become the inspired owner of

this scarce city fringe freehold

357m2 section that comes with

an architecturally designed

concept plan of a 4 bedroom,

North facing home, withapproved resource consent.

Build your new home here.

Rachel Berry 021 195 4321

BY NEG set date of sale - 1pm 3 March 2016*


Charming cottage is located in a

desirable inner city area, just a

short walk from the train station,

buses, cafes and restaurants.

Featuring 2 dbl bdrms (master

with sunroom) with French doors

in both opening onto a lovelyverandah. Chef’s kitchen, views

out to the private, sunny and flat

North-East garden.

Vincent Barnao021 275 8925

Keep Up to Date!Find us on Facebook

* All auctions will be held in the Anne Duncan Real Estate Auction room - 746 New North Road Mt Albert

* Unless sold prior to auction date

Documents

City Fringe Flyer Feb 2016 #69