How the other half live: What’s going on in the mansion market?
For most of us, mansions are houses we see and wish we could afford, but never will. But despite their desirability, mansions and luxury real estate are not immune to the ebbs and flows of the property market. According to an analysis of Real Estate Institution of New Zealand figures by Paterson Luxury Real Estate, only 152 properties valued at $5 million or more changed hands in 2024, down fr...
$32m Remuera mansion an architectural portal to Europe
You can’t see much from Remuera Rd, but what you can see - well clipped hedges, a steep terracotta tile roofline, and several tall red brick chimneys - is a little bit special, even for a suburb full of special homes. Step through the gate and your suspicions will be confirmed. This is Guisnes Court, a 1914-built Arts and Crafts mansion in the English Country House-style, designed and built by...
Agents with $32m listing finally find the right buyer for their own mini-Versailles
Luxury real estate agents Terry and Diana King have sold their ornately styled home in Auckland’s Remuera - after teaming up with agents from a “rival” agency. The Kings, who own Remuera Real Estate Register, first listed their three-bedroom villa on Bell Road in 2019 and while they had offers, they weren’t at the level they felt the house deserved. Earlier this year, the couple decided to sh...
Real estate agents with $32m listing hire ‘friendly’ rivals to sell their own luxury home
When Auckland real estate couple Terry and Diana King decided to relist their multi-million-dollar Remuera villa this year they knew who not to hire –themselves. Five years ago, the couple put 37 Bell Road on the market and soon learned that it’s never a good idea for agents to sell their own homes. “You can’t sell your own house, because you see it differently. So many things that mean so mu...
‘Does your budget cover it?’ The elite agents who are upfront about the price of Kiwi mansions
Does a price tag on an expensive house make it easier to sell? Or are vendors selling themselves short by showing their hand early? Agents who are in the business of selling trophy homes for $10 million and more seem to be split on the issue of guide prices. In Australia, it’s unusual to find price indications on prestige listings, but in New Zealand, the rule is you don’t talk price with pot...
Mansion gets $32m price tag: ‘This will be the most expensive house in Remuera’
A luxuriously renovated mansion on Auckland’s Remuera Road has hit the market with a $32 million price tag. The 900sqm five-bedroom Roy Binney-designed house, built in 1915 and completely revamped over the past 20 years by the current owners, is being marketed by Kings of Remuera agents Terry and Diana King, and Lisa Grant. Terry King told OneRoof he was confident 532 Remuera Road would sell ...
Under-the-radar deals see three Remuera houses sell for total of $30m
And more $10m-plus sales are set to become public before the end of the year. Sales on three Remuera properties that went unconditional earlier in the year have settled for a total of $30m, OneRoof can reveal. And a clutch of other $10m-plus sales in the top Auckland suburb will also become public in the next two months. All three settled sales were brokered by agents Terry and Diana King, o...
The Kings of Remuera: from beer to champagne
Husband and wife team Terry and Diana King have made their mark in the 12 year they have been in real estate. They do things a little differently at their company, Remuera Real Estate Register, but it’s paying off – they sell between $50m and $100m worth of properties a year. What did you do before real estate? Diana: I’ve done a few things, including working in recruitment – I did a lot of h...