America’s Cup hunt for rentals

The hunt is on for properties in Auckland’s already-squeezed rental market with an America’s Cup challenger team appointing a local agency to snare places from this year.

Catherine Goodwin, chief executive of inner-city-based property manager Goodwins, said the New York Yacht Club American Magic syndicate had engaged the business to find places from this October to the end of March next year.

Houses, apartments and units are being sought in Westhaven, Viaduct Harbour, Princes Wharf, lower Auckland CBD, Herne Bay, St Marys Bay, Freemans Bay, Parnell, Ponsonby, Grey Lynn, O¯ ra¯kei, Mission Bay, Kohimarama, St Heliers, Remuera and throughout the wider region, she said.

“Goodwins are proud to have been announced as the official rental accommodation partner of New York Yacht Club American Magic, a US challenger,” Goodwin said.

More than 100 team members and support crew are seeking a home during the build-up, she said.

“The only official housing partner of American Magic in New Zealand, Goodwins are now taking inquiries to place tenants across various combinations of time from October 2019 to March 31, 2021, as well as short-term accommodation options for visiting media and fans,” she said.

Guaranteed fixed-term tenancies of up to 17 months could be very attractive to many landlords, she said.

In September, Graham Wall Real Estate said it had already secured a $7 million Herne Bay sale for an America’s Cup buyer.