Luxury Homes Edition - Orakei to Glendowie - 1st Jul to 31st Dec 2013

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. robert.ashton@bayleys.co.nz

www.robertashton.bayleys.co.nz

The

Rob Report The Eastern Suburb’s Leading Residential Sales Report

Luxury Homes Edition: $2,000,000+ Sales in Orakei to Glendowie

Res 6A

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

116 Meadowbank Road $2,000,000 $1,200,000 1.67 730 4-Dec-13 27Bldg Type: House + PoolBldg Age: 1940-49Bldg Floor Area: 293 m²Land Area: 730 m² 5 2 2 MeadowbankTitle Type: FreeholdLegal Desc: LOT 45 DP 38615 SOLD by: Raywhite

10 Parkside Street $2,020,000 $1,680,000 1.20 1026 29-Oct-13 273Bldg Type: House $1,800,000 5-Jan-06Bldg Age: 1930-39Bldg Floor Area: 306 m²Land Area: 1026 m² 5 3 1 St HeliersTitle Type: FreeholdLegal Desc: LOT 1 DP 204808 SOLD by: Raywhite

1/245 Tamaki Drive $2,050,000 $1,485,000 1.38 Unit Title 19-Nov-13 1Bldg Type: Apartment $1,600,000 19-Apr-06Bldg Age: 2000-09Bldg Floor Area: 218 m²$ per m²: $9,404 3 2 2 KohimaramaTitle Type: Unit TitleLegal Desc: UNIT A1, AU 7, AU 10, AU 22 UP 363747 SOLD by: Unknown

36 Rautara Street $2,050,000 $1,320,000 1.55 594 22-Nov-13 37Bldg Type: HouseBldg Age: 2010-19Bldg Floor Area: 288 m²Land Area: 594 m² 4 3 2 OrakeiTitle Type: FreeholdLegal Desc: LOT 22A DP 48864 SOLD by: B&T

4 Sudeley Street $2,080,000 $1,310,000 1.59 1049 9-Sep-13 481Bldg Type: House $1,200,000 9-Feb-04Bldg Age: 1940-49Bldg Floor Area: 170 m²Land Area: 1049 m² 4 2 2 OrakeiTitle Type: FreeholdLegal Desc: LOT 37 DP 21287 SOLD by: Unknown

165 Paritai Drive $2,100,000 $1,220,000 1.72 938 14-Nov-13 28Bldg Type: House $1,516,000 12-Dec-12Bldg Age: 1940-49 LV = $2,239 per m²Bldg Floor Area: 157 m²Land Area: 938 m² 2 1 OrakeiTitle Type: FreeholdLegal Desc: SEC 652 TOWN OF ORAKEI SOLD by: B&T

23A The Parade $2,100,000 $2,250,000 0.93 333 31-Oct-13 65Bldg Type: HouseBldg Age: 2000-09Bldg Floor Area: 326 m²Land Area: 333 m² 4 3 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 1 DP 412465 SOLD by: B&T

33 Hopkins Crescent $2,100,000 $2,100,000 1.00 1049 2-Jul-13 118Bldg Type: Hiouse + poolBldg Age: 1950-59Bldg Floor Area: 305 m²Land Area: 1049 m² 4 3 2 KohimaramaTitle Type: FreeholdLegal Desc: LOT 170 DP 43409 SOLD by: Unknown

10A Puna Street $2,100,000 unavailable 516 12-Jun-13 5Bldg Type: New HouseBldg Age: 2013Bldg Floor Area: 325 m²Land Area: 516 m² 4 3 2 OrakeiTitle Type: FreeholdLegal Desc: Unknown SOLD by: UP

16 Pamela Place $2,100,000 $1,810,000 1.16 995 9-Oct-13 33Bldg Type: House $1,700,000 3-Apr-06Bldg Age: 1970-79Bldg Floor Area: 346 m²Land Area: 995 m² 4 2 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 2 DP 366786 SOLD by: B&T

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. robert.ashton@bayleys.co.nz

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

2/6 Maheke Street $2,145,000 $2,350,000 0.91 Unit Title 25-Oct-13 321Bldg Type: ApartmentBldg Age: 2010-19Bldg Floor Area: 398 m²$ per m²: $5,389 3 3 2 St HeliersTitle Type: Unit TitleLegal Desc: PRIN UNIT 6, AU 19 ON AU 20 DP 442070 1/2 SH SOLD by: Unknown

66 Melanesia Road $2,160,000 $1,600,000 1.35 688 20-Sep-13 39Bldg Type: House $1,290,000 10-Feb-10Bldg Age: 1960-69Bldg Floor Area: 351 m²Land Area: 1/3 SH 2063 m² 5 3 2 KohimaramaTitle Type: CrossleaseLegal Desc: FLAT 1 DP 118393 ON LOT 2 DP 107749 1/3 SH LOT 128 DP 36462 SOLD by: B&T

275A St Heliers Bay Road $2,200,000 $1,500,000 1.47 1285 14-Aug-13 115Bldg Type: House + pool $1,510,000 22-Apr-06Bldg Age: 1970-79Bldg Floor Area: 327 m²Land Area: 1285 m² 4 3 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 4 DP 77400 SOLD by: Unknown

18 Hopkins Crescent $2,270,000 $1,500,000 1.51 925 3-Jul-13 47Bldg Type: House $1,728,000 22-Aug-10Bldg Age: 1950-59Bldg Floor Area: 250 m²Land Area: 925 m² 4 2 2 KohimaramaTitle Type: FreeholdLegal Desc: LOT 184 DP 43409 SOLD by: Unknown

1/37 Hopkins Crescent $2,275,000 $1,990,000 1.14 452 18-Sep-13 33Bldg Type: House + pool $2,155,000 7-Sep-10Bldg Age: 2000-09Bldg Floor Area: 353 m²Land Area: 452 m² 5 4 2 KohimaramaTitle Type: FreeholdLegal Desc: LOT 1 DP 334413 SOLD by: UP

40 Fern Glen Road North $2,350,000 $2,150,000 1.09 1087 23-Oct-13 22Bldg Type: HouseBldg Age: 1980-89Bldg Floor Area: 315 m²Land Area: 1087 m² 5 3 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 4 DP 25534 SOLD by: B&T

14 Pamela Place $2,400,000 unavailable 900 17-Oct-13 6Bldg Type: HouseBldg Age: 1970-79Bldg Floor Area: 344 m²Land Area: 900 m² 4 3 4 St HeliersTitle Type: FreeholdLegal Desc: LOT 2 DP 98516 ALLOT 27 D TAM SOLD by: Raywhite

18B Grampian Road $2,455,000 $3,100,000 0.79 2420 28-Nov-13 57Bldg Type: House $2,280,000 7-Aug-08Bldg Age: 1980-89Bldg Floor Area: 459 m²Land Area: 2420 m² 4 5 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 3 DP 85729 SOLD by: Bayleys

139E Paritai Drive $2,505,000 $1,620,000 1.55 Unit Title 19-Nov-13Bldg Type: Townhouse $1,950,000 4-Jul-12Bldg Age: 2010-19Bldg Floor Area: 353 m²Land Area: Unknown 5 4 2 OrakeiTitle Type: Unit TitleLegal Desc: UNIT 2 DP 421601, AU 1 DP 421601 1/2 SH SOLD by: Unknown

10 Dudley Road $2,600,000 $1,830,000 1.42 900 18-Jul-13 31Bldg Type: House + poolBldg Age: 1940-49Bldg Floor Area: 319 m²Land Area: 900 m² 4 2 2 Mission BayTitle Type: FreeholdLegal Desc: LOT 284 DP 19136 SOLD by: Bayleys

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. robert.ashton@bayleys.co.nz

Bldg Type: Develop Site LV = $2,866 per m² Res 6b

Bldg Age: 1930-39Bldg Type: House $3,000,000 11-Oct-05

Photograph Property Address Sold Price Capital Value Ratio Land Area Agreement Days onSP CV SP/CV m² Date Market

8/245 Tamaki Drive $2,675,000 $1,870,000 1.43 Unit Title 2-Dec-13 7Bldg Type: ApartmentBldg Age: 2000-09Bldg Floor Area: 264 m²$ per m²: $10,133 4 2 2 KohimaramaTitle Type: Unit TitleLegal Desc: UNIT B3, AU 11, AU 12, AU 24 UP 363747 SOLD by: The Kings

46D Rawhitiroa Road $2,745,000 $2,500,000 1.10 937 23-Sep-13 18Bldg Type: House $2,540,000 25-Aug-11Bldg Age: 2010-19Bldg Floor Area: 385 m²Land Area: 937 m² 5 4 3 KohimaramaTitle Type: FreeholdLegal Desc: LOT 4 DP 442162 SOLD by: Raywhite

45 Godden Crescent $2,750,000 $2,100,000 1.31 905 15-Aug-13 99Bldg Type: House $2,150,000 18-Apr-05Bldg Age: 2000-09Bldg Floor Area: 377 m²Land Area: 905 m² 5 3 2 Mission BayTitle Type: FreeholdLegal Desc: LOT 524 DP 19133 SOLD by: Unknown

8 Brookfield Street $2,750,000 $2,400,000 1.15 852 15-Nov-13 78Bldg Type: House + Pool $1,785,000 30-Nov-03Bldg Age: 1980-89Bldg Floor Area: 467 m²Land Area: 852 m² 4 3 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 2 DP 31310 SOLD by: Raywhite

11 Cliff Road $2,750,000 $5,500,000 0.50 1186 21-Nov-13 34Bldg Type: House $3,800,000 17-Jun-09Bldg Age: 1930-39Bldg Floor Area: 398 m²Land Area: 1186 m² 4 2 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 3 DP 23360 SOLD by: Kellands

201 St Heliers Bay Road $2,775,000 $2,600,000 1.07 976 16-Sep-13 49Bldg Type: House + pool $1,500,000 22-May-03Bldg Age: 1930-39Bldg Floor Area: 377 m²Land Area: 976 m² 6 3 2 St HeliersTitle Type: FreeholdLegal Desc: LOT 5 DP 19771 SOLD by: Raywhite

37 Ngaiwi Street $2,800,000 $1,460,000 1.92 627 28-Sep-13 66Bldg Type: House + poolBldg Age: 1930-39Bldg Floor Area: 357 m²Land Area: 627 m² 4 5 5 OrakeiTitle Type: FreeholdLegal Desc: LOT 1 DP 308332 SOLD by: Pene Milne

19 Ngapipi Road $2,830,000 $2,050,000 Bldg Type: House + Pool

1.38 870 18-Dec-13 49

Bldg Age: 1930-39

Land Area: 870 m²Bldg Floor Area: 255 m²

3 OrakeiTitle Type: Freehold 4 3Legal Desc: SEC 203 TOWN OF ORAKEI SOLD by: B&T

3 Polygon Road $2,900,000 $1,910,000 1.52 1012 4-Sep-13 152

Bldg Floor Area:3 x units

Land Area: m²

Bldg Age: 1920-29170 m²1012

Title Type:Legal Desc:

St HeliersFreeholdLOT 6 BLK IV DP 410 SOLD by: Harbinson

9 Cliff Road $2,900,000 $3,450,000 0.84 1037 30-Oct-13 26

Land Area: 1037 m²Bldg Floor Area: 301 m²

St HeliersTitle Type: Freehold 5 2Legal Desc: LOT 2 DP 23360 SOLD by: Bayleys

Prepared by: Robert Ashton AREINZ BE (Structural) M. 021 633 398 DDI. 09 520 8890 E. robert.ashton@bayleys.co.nz

5

What is the current relationship between Market Value and the 2011 Capital Values?

For a FREE, comprehensive, no obligation, market appraisal of your home call Robert Ashton direct on 021 633 398 or email robert.ashton@bayleys.co.nz

On comparing the Sold Prices (SP) and 2011 Capital Values (CV) for the above properties, the Average SP/CV = 1.28 and the Median SP/CV = 1.31

Note: SP/CV min = 0.50 and SP/CV max = 1.92

In the current market, how much is your home worth?

Land Area:

Land Area:

Bldg Type: House + poolBldg Age:

1.31 1098 13-Jul-13

Bldg Floor Area: 306 m²Land Area:

Legal Desc:Title Type: 2 GlendowieBldg Floor Area:

Ratio Land Area Agreement

517

55 Cliff Road $5,900,000 $5,800,000

m²1208

Legal Desc:Title Type:

Bldg Floor Area:Bldg Age: 1990-99

SOLD by: Bayleys

Disclaimer: This special edition of The Rob Report features a wide selection of the published $2,000,000+ residential property sales in the Eastern Suburbs of Orakei to Glendowie, which have occurredduring 2013. This information is based on published reports of sales made by all of the local real estate agencies. Every effort has been taken to establish the accuracy of this information, however, asinaccuracies may occur, you should not confine yourself to these contents and should make your own enquires to satisfy yourself in all respects. Bayleys Real Estate Ltd (Licensed under the REA Act 2008)accepts no responsibility should the contents of this report prove to be incomplete or incorrect. Note: This information is not sourced from the REINZ's Statistical Data.

Prepared by: Robert Ashton BE (Structural) AREINZ - Licensed Agent Under the REA Act 2008 M. 021 633 398

13 Tuhaere Street $3,400,000 $2,600,000

1098 m² 4 3

1930-39$3,170,000 18-Mar-04

2 OrakeiFreeholdLegal Desc: SEC 35 PT SEC 747 TOWN OF ORAKEI SOLD by: UnknownTitle Type:

Photograph Property Address Sold Price Capital Value Days onSP CV SP/CV m² Date Market

407 Riddell Road $3,000,000 $2,700,000

Bldg Age: 1970-79

FreeholdLOT 1 DP 57918

Bldg Type: House $3,100,000 30-Jun-12

1.11 807 9-Aug-13 65

379 m²807 m² 4 4

Bldg Type: House $3,500,000 11-Nov-00

1.02 1208 2-Oct-13 325

FreeholdLOT 15 DP 9557 SOLD by: Remax

5 3 St Heliersm²

11 Codrington Crescent $3,230,000 $2,450,000

Bldg Age: 1990-99

Land Area: 890 m²

Bldg Type: House + Pool $2,620,000 23-May-04

1.32 890 6-Nov-13 34

Bldg Floor Area: 374 m²

3 Mission BayTitle Type: Freehold 5 3Legal Desc: LOT 248 DP 21202 SOLD by: Raywhite

21 Ngaiwi Street $3,450,000 $2,850,000

Bldg Age: 2000-09

Land Area: 741 m²

Bldg Type: House + Pool $2,550,000 18-Mar-05

1.21 741 17-Nov-13 10

Bldg Floor Area: 415 m²

3 OrakeiTitle Type: Freehold 4 3Legal Desc: LOT 1 DP 204102 SOLD by: Raywhite

161A Kohimarama Road $3,175,000 $2,550,000

Bldg Age: 2000-09

Land Area: 746 m²

Bldg Type: House

1.25 746 26-Nov-13 3

Bldg Floor Area: 480 m²

2 KohimaramaTitle Type: Freehold 5 4Legal Desc: LOT 2 DP 349804 SOLD by: Unknown

56-58 Paritai Drive $39,000,000 $22,000,000

Bldg Age: 2013

Land Area: 4322 m²

Bldg Type: New House + Pool + Tennis Court

1.77 4322 10-Sep-13 9

Bldg Floor Area: 2491 m²

10 OrakeiTitle Type: Freehold 7 7Legal Desc: LOT 1 DP 380409 SOLD by: Graham Wall