{"id":23317,"date":"2020-01-25T09:05:10","date_gmt":"2020-01-24T20:05:10","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23317"},"modified":"2024-03-01T20:51:30","modified_gmt":"2024-03-01T07:51:30","slug":"languishing-luxury-unsold-auckland-mega-properties-new-zealand","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/languishing-luxury-unsold-auckland-mega-properties-new-zealand\/","title":{"rendered":"Languishing luxury: Unsold Auckland mega-properties | NEW ZEALAND"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"> <strong>PHOTO: 306 Cowes Bay Road, Waiheke Island. Photo \/ file <\/strong> <\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">The Auckland property market is forecast to romp ahead again this year, yet some of our city&#8217;s finest homes are failing to sell, despite months &#8211; sometimes years &#8211; of high-profile marketing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mansions in the $10 million-$20m league with views, expansive pools and tennis courts are something most of us could only dream of.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So why no buyers? Is it the foreign buyer ban? High price tags? A paucity of buyers in this league?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To be in the top price-bracket, the property must be completely renovated and ready to live in, agents say. Millionaires don&#8217;t want to have to lift a finger.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It must also be in the right suburb, have wide appeal and great views.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;There&#8217;s lots of Aucklanders with $20 million in their pockets just waiting for the right place to come up,&#8221; says one top agent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;They&#8217;ll move fast once it&#8217;s for sale.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Other agents say they&#8217;re close to closing deals and sale announcements are forthcoming &#8211; or their buyers are in no hurry and are sticking to their asking prices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/www.nzherald.co.nz\/business\/news\/article.cfm?c_id=3&amp;objectid=12300835\">NZHERALD<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: 306 Cowes Bay Road, Waiheke Island. Photo \/ file<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/languishing-luxury-unsold-auckland-mega-properties-new-zealand\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478102683,478102682,478102522,478104833,478098861,478100446,478106988,478107777,478108511],"class_list":["entry","author-data123nz","post-23317","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-auckland","tag-auckland-property","tag-auckland-property-market","tag-luxury-property","tag-new-zealand","tag-new-zealand-property","tag-nz-property","tag-nz-property-market","tag-waiheke"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Languishing luxury: Unsold Auckland mega-properties | NEW ZEALAND - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/languishing-luxury-unsold-auckland-mega-properties-new-zealand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Languishing luxury: Unsold Auckland mega-properties | NEW ZEALAND - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: 306 Cowes Bay Road, Waiheke Island. 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