Registered Valuers. Registered Property Consultants. LINZ Accredited. Hawke’s Bay-based premium quality valuation and creative property strategy© leading +$0.5b acquisitions-disposals NZ-wide since 1998. Valuation litigation and commercial property specialists. Development and public land specialists. Our People. Property economy analysts and commentators – for Press.
Crown Land Former Reserves Tender Success
Turley & Co projected-managed and led the LINZ Accredited Crown land disposal process for DoC for five Central Hawke’s Bay rural land sections. They were former reserves under the Reserves Act.
Bayleys CHB delivered marketing and agency services cooperating with Turley & Co as Crown client. Received were 31 tenders for 5 properties. Almost all tenders were unconditional. The aggregate sale prices exceeded DoC private valuations by 45%.
More information below.
Surplus DoC rural sections recent Press page and links below:
Bayleys web for 5 CHB rural sections listed 3 November | Tenders closed 9 Dec
Download the 5 properties group advertisement:
Turley & Co project manager for DoC
Turley & Co is manager/ leader of the disposal process for five Central Hawke’s Bay rural sections as LINZ Accredited for Crown land disposal actions since 1998.
Prior stages included working for the Central Hawke’s Bay District Council, appointed to control and manage the former reserve lands; and reserve status revocation process in accordance with LINZ Crown land disposal process including the Land Act 1948.
Turley & Co is now leading the final stage open market process for the Department of Conservation, with Bayleys appointed by us as the marketing agency.
Our company has successfully managed similar Crown and Council public land portfolio projects since 1998 for more than 50 properties across the North Island. Additionally, designing and managing more than 180 private client property disposals including for clients Napier Port and Farmlands sale-and-leasebacks NZ-wide.
Turley & Co is also a well-experienced and successful manager of property acquisitions NZ-wide including the Hawke’s Bay Inland Port land for Napier Port.
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