Latest Commercial Sales

 An industrial building with potential for residential conversion, and an apartment in the Dilworth building at the foot of Queen St were sold under the hammer at Bayleys’ auction yesterday. Most of the other properties up for auction were standalone residential






Eden Terrace, 4 Porters Avenue, 789m² industrial building with potential for residential conversion, sold for $1.435 million, sales agents James Were & Scott Kirk
CBD, Dilworth building, 22 Queen St, unit 7G, 2-bedroom apartment sold for $601,000, Julie Prince & Diane Jackson

8 sales made out of 12-property Barfoots commercial auction list

6 properties sold under the hammer out of 11 offered at Barfoot & Thompson Commercial’s auction today, a post-auction offer was accepted on a seventh and another sold prior.

Milford, 83-85 Kitchener Rd, sold for $1.15 million at a 5.2% yield, sales agents Gary Seekup & Bruce Jiao
Takanini, 302 Great South Rd, post-auction offer at $1.6 million accepted, David Palmer & Cam Paterson
Victoria Quarter, 51-53 Nelson St, no bid, Marie-Ann Molloy
Kumeu, 63 Main Rd, sold for $1.575 million at a 6.98% yield, David Palmer & Cam Paterson
New Lynn, 10-12 Margan Avenue, sold for $1.895 million at a 4.48% yield, Agnes Teh
Te Atatu Peninsula, 572 Te Atatu Rd, passed in at $900,000, David Palmer
Grafton, 124 Symonds St, passed in at $870,000, Wayne Muir
Parnell, 235 Parnell Rd, sold for $2.5 million, Marie-Anne Molloy & Wayne Muir
Otara, 17 Fair Mall, sold for $1.615 million, Agnes Teh
Northcote, 23 Ocean View Rd & 2 Hillcrest Avenue, passed in at $3.75 million, Nigel Hall
Browns Bay, 39 Anzac Rd, sold for $1.55 million, Gary Seekup & Tim Bibby
Te Atatu South, 182 McLeod Rd, sold prior for $1.2 million, Greg Clarke

4 apartments sell under hammer

4 apartments sold under the hammer at Ray White City Apartments’ auction today, out of 9 offered.

St Paul Apartments, 4 St Paul St, unit 5C, sold for $30,000, sales agents Michelle & Judi Yurak
St Paul Apartments, unit 9B, sold for $33,000 to the same buyer, Marcus Fava & James Mairs
Heritage Tower, 22 Nelson St, unit 411, sold for $227,500, Damian Piggin & Daniel Horrobin
Uptown, 14 Upper Queen St,unit 1L, passed in at $340,000, Adele Keane & Krister Samuel
Alpha, 17 Vogel Lane, unit 401, sold for $471,000, Ellen Sparnon & Krister Samuel
Romano, 75 Anzac Avenue, unit 1J, passed in at $291,000, Tim Warmington
Le Parc, 16 Market Place, unit 2E, passed in at vendor bid of $350,000, Ann Bennett
Le Parc, 16 Market Place, unit 4C, passed in at vendor bid of $350,000, Ann Bennett
Sapphire, 76 Wakefield St, unit 510, passed in at $308,000, Michelle & Judi Yurak

Both properties sell at Colliers auction

Both properties offered at Colliers International’s auction today sold under the hammer – one a Henderson warehouse, the other a vacant Albany area shop in a block of 9.

Henderson, 1 Corban Avenue, sold for $1.15 million at an 8.43% yield, sales agents Chris Upright & Shoneet Chand
Albany, 7 Triton Avenue, unit 1, sold for $735,000, Janet Marshall & Craig Newth

(bob dey)


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