KNOWLEDGE AND EXPERTISE
Newstead Realty is located in the
heart of Newstead, very close to the iconic landmark Newstead House. Positioned
opposite the prestigious 'Mariners Reach' and nestled amongst other stylish,
luxury apartments, it is owned and operated by John Ferrier and Pauline
Karatau. John is the Principal Licensee and oversees the property management
side of the business while Pauline, an experienced sales person, is responsible
for property sales and marketing.
business, previously called Caneright Property Services, evolved through the
management of furnished apartments. In 2002, John recognised a need for fully
self contained accommodation close to the CBD and airport. At the time,
property values in the area were increasing but normal rent returns were not
market was developed through marrying up the high demand for furnished
accommodation with disappointed owners who were looking for a higher return on
their investment. By putting in place a furniture package the owners could
expect to receive a yield comparative to the value of their property. The sales
and marketing side developed in 2004 when various owners wished to on sell
their investment properties. They referred the marketing back to management as
they acknowledged that no one knew their property and the furnished apartment
market better than John and Pauline.
with sales came quickly. Pauline is a skilled negotiator and a very good
communicator. She strives to work with clients in a friendly and trustworthy
manner while achieving the best results. Her services were soon in demand to
sell properties outside of their management and so a separate sales and
marketing division was developed.
December 2007 Caneright Property Services operated from an office in Newstead
in one of the buildings under management. In January 2008 the rent roll for
Mariners Reach was acquired along with the registered name of Newstead Realty.
Caneright Property Services then changed their name to Newstead Realty and
moved premises to a street front office just 100 metres down the street.
Newstead Realty can now be found at 3/22 Newstead Terrace, Newstead.