Bayleys pulls marketing on stalled $85m project

Bayleys pulls marketing on stalled $85m project
Hurry up and wait: Beachcroft still in idle
Brent Melville
Marketers of the troubled Beachcroft Residences, dubbed ‘Fawlty towers’ by prospective buyers, have pulled the pin on all sales efforts and removed it from TradeMe’s property site.  Suzie Wigglesworth, national director and general manager of residential projects at Bayleys Projects, said the realtor was no longer actively promoting the stalled Onehunga project.“At the moment, if somebody said they were interested in purchasing a property, I couldn’t give them a definitive date as to when the building will be...

More Property

Oceania to close nursing school as it chases debt reduction
Property

Oceania to close nursing school as it chases debt reduction

Oceania also announced it is progressing across 'key strategic areas'.

Tough conditions set to continue for retirement villages
Property

Tough conditions set to continue for retirement villages

Property market won't offer relief in the next three years, industry leader says.

Property owners homeless after joint ventures gone wrong
Property

Property owners homeless after joint ventures gone wrong

Two homeowners are ruing the day they joined forces with developer Anthony Corin.

Maria Slade 03 Mar 2025
No equity raise for Summerset, CEO Scott Scoullar says
Property

No equity raise for Summerset, CEO Scott Scoullar says

The company reported record sales settlements in its full-year earnings.

Gregor Thompson 28 Feb 2025