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Leasehold titles in Ardmore

LINZ records 75 leasehold titles in Ardmore, 24.4% of its 308 live titles: well above Auckland as a whole (0.8%) and well above New Zealand (1.2%).

Ardmore: leasehold titles

Leasehold titles
75
Share of live titles
24.4%
Auckland share
0.8%
New Zealand share
1.2%
Rank by share in Auckland, among suburbs with 50+ leasehold titles
2 of 19

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is 2nd highest of 19 in Auckland, among suburbs with 50 or more leasehold titles; across New Zealand it is in the top tenth of the 137 such suburbs.

Lease terms in Ardmore

All 75 are ground leases; the largest group, 72%, comprises leases that mention renewal, including perpetually renewable leases.

Stated lease termTitles
Stated term has ended3
Under 10 years left9
10 to 50 years left6
More than 50 years left0
Term mentions renewal54
Term not stated or not readable3

New leasehold titles since 2020

48 of Ardmore's leasehold titles were first issued since 2020: 70% of all its new titles in that time, well above Auckland (1%).

Auckland suburbs with the most leasehold titles

SuburbLeasehold titlesShare
Auckland Central1,9946.5%
Waitematā Harbour34493.2%
St Johns2136.8%
Māngere1462.3%
Favona1064.0%
Henderson980.7%
Grafton832.1%
Onehunga830.9%
Mount Roskill820.8%
Parnell741.6%

Sources and limits