Next generation sees future in property

 The name ‘Westerman’ is synonymous with real estate in Taupo.

Thousands of the region’s properties have sold under the auctioneers gavel since founder Dorothy Westerman first hammered in a waratah standard and put up a ‘for sale’ shingle, with her name and three digit phone number, 50 years ago.

Dorothy’s vision, after she and husband Paul arrived from Hawkes Bay in the early 1950s, predicted Taupo’s holiday destination potential.

Her vision became the firm’s trademark, successfully carried on by the following generations of the family

Yvonne, and her twin sister, Elaine, successfully diversified the company after their mother stepped aside in the 1990s.  The two women, who began in the industry straight from school at 15-years-old, inherited their mother’s commercial foresight. 

As well as the flagship Real Estate agency, the twins started a stand alone rental company, Westerman Property Solutions  Limited, that offers management for all styles of properties including; residential, commercial, leasehold  and body corporates. They have management  contracts throughout the Taupo district, Wellington, Palmerston North and Gisborne, with a total rent roll of around 1700 properties at a value exceeding $420 million.  They even manage a small town – well, a number of leasehold properties at Mangakino.

“We believe we have the most diverse portfolio of any property management company in the country,” WPS director, and grandson, Ben Westerman, says.

Read more about this intergenerational success story.