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NZ's Urbus Properties Sells Building For NZ$4.8M
New Zealand property investment company, Urbus Properties Ltd. (URB.NZ), Tuesday said it has sold an office building for NZ$4.8 million, about NZ$500,000 above the current book value.
Wednesday, July 14th 2004, 8:19AM
by The Landlord
"This property was identified as part of the Urbus Properties strategic plan as being for sale in the short term," Urbus chief executive Murry Barclay said in a statement to the stock exchange.
The office building, located north of Wellington in Palmerston North, was sold unconditionally to an unidentified buyer.
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Mortgage Rates Table
Full Rates Table | Compare Rates
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| AIA - Back My Build |
3.34 |
- |
- |
- |
| AIA - Go Home Loans |
5.89 |
▲4.65 |
▲5.25 |
▲5.49 |
| ANZ |
5.79 |
5.29 |
5.89 |
6.09 |
| ANZ Blueprint to Build |
7.39 |
- |
- |
- |
| ANZ Good Energy |
- |
- |
- |
1.00 |
| ANZ Special |
- |
4.69 |
5.29 |
5.49 |
| ASB Bank |
5.79 |
▲4.65 |
▲5.25 |
▲5.49 |
| ASB Better Homes Top Up |
- |
- |
- |
1.00 |
| Avanti Finance - Near Prime |
6.35 |
- |
- |
- |
| Avanti Finance - Specialised |
7.45 |
- |
- |
- |
| Basecorp Finance |
6.35 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| BNZ - Mortgage One |
5.94 |
- |
- |
- |
| BNZ - Rapid Repay |
5.94 |
- |
- |
- |
| BNZ - Std |
5.84 |
▲4.65 |
▲5.09 |
5.29 |
| BNZ - TotalMoney |
5.94 |
- |
- |
- |
| CFML 321 Loans |
3.95 |
- |
- |
- |
| CFML Home Loans |
6.05 |
- |
- |
- |
| CFML Prime Loans |
6.25 |
- |
- |
- |
| CFML Standard Loans |
6.95 |
- |
- |
- |
| China Construction Bank |
6.44 |
4.85 |
4.95 |
4.95 |
| China Construction Bank Special |
6.44 |
5.85 |
5.95 |
5.95 |
| Co-operative Bank - First Home Special |
- |
4.55 |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Co-operative Bank - Owner Occ |
4.99 |
4.65 |
5.29 |
5.49 |
| Co-operative Bank - Standard |
4.99 |
5.15 |
5.79 |
5.99 |
| Credit Union Auckland |
7.70 |
- |
- |
- |
| First Credit Union Special |
- |
4.89 |
5.49 |
- |
| First Credit Union Standard |
6.49 |
5.29 |
5.89 |
- |
| Heartland Bank - Online |
5.30 |
5.89 |
- |
- |
| Heartland Bank - Reverse Mortgage |
7.99 |
- |
- |
- |
| Heretaunga Building Society |
6.50 |
5.50 |
5.65 |
- |
| ICBC |
5.39 |
4.49 |
4.89 |
5.15 |
| Kainga Ora |
5.79 |
4.59 |
4.95 |
5.19 |
| Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Kiwibank |
5.65 |
5.39 |
5.79 |
6.05 |
| Kiwibank - Offset |
5.65 |
- |
- |
- |
| Kiwibank Special |
5.65 |
4.49 |
4.89 |
5.25 |
| Liberty |
6.65 |
6.55 |
6.22 |
6.20 |
| Nelson Building Society |
6.49 |
4.69 |
5.09 |
- |
| Pepper Money Near Prime |
6.55 |
- |
- |
- |
| Pepper Money Prime |
5.99 |
- |
- |
- |
| Pepper Money Specialist |
8.00 |
- |
- |
- |
| SBS Bank |
5.84 |
5.09 |
5.69 |
5.75 |
| SBS Bank Special |
- |
4.49 |
5.09 |
5.15 |
| SBS Construction lending for FHB |
3.74 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| SBS FirstHome Combo |
3.29 |
3.99 |
- |
- |
| SBS FirstHome Combo |
- |
- |
- |
- |
| SBS Unwind reverse equity |
7.99 |
- |
- |
- |
| TSB Bank |
6.59 |
▲5.39 |
▲5.99 |
▲6.29 |
| TSB Special |
5.79 |
▲4.59 |
▲5.19 |
▲5.49 |
| Unity First Home Buyer special |
- |
3.95 |
- |
- |
| Unity Special |
5.79 |
▲4.59 |
▲5.09 |
- |
| Unity Standard |
5.79 |
▲5.39 |
▲5.85 |
- |
| Wairarapa Building Society |
6.15 |
4.79 |
▲5.29 |
- |
| Westpac |
5.89 |
5.29 |
5.79 |
5.89 |
| Westpac Choices Everyday |
5.99 |
- |
- |
- |
| Lender |
Flt |
1yr |
2yr |
3yr |
|---|
| Westpac Offset |
5.89 |
- |
- |
- |
| Westpac Special |
- |
4.69 |
5.19 |
5.29 |
| Median |
5.94 |
4.69 |
5.29 |
5.49 |
Last updated: 29 April 2026 11:24am |
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