Newland picks Pokeno for investors
Property investment guru Olly Newland has pointed to Pokeno as a possible boom area.
Friday, April 5th 2013, 12:00AM
by The Landlord
Prices in the Waikato town are significantly lower than Auckland and it has been reported that buyers are being tempted south.
About three quarters of the residential properties listed there last year had sold, mostly to Aucklanders.
At the same time, Chinese baby formula manufacturer and distributor Yashili is to build a $212 million processing plant in Pokeno.
It has three years to start building, although some consents are still pending.
Newland said: “This is certainly the place for budding investors to keep an eye on.”
| « REINZ sells headquarters | Free Investment Property Showcase Events: Auckland, Wellington and Christchurch » |
Special Offers
Comments from our readers
No comments yet
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
