Latest Commercial Sales

13 properties were sold under the hammer at Bayleys’ Total Property auction today, including 6 of the 9 outlets in the Foundation development at Albany.

Orakei, 78 Coates Avenue, sold for $2.875 million.
Kohimarama, 301-305 Kepa Rd, sold for $2.72 million.
Albany, The Foundation, 270 Oteha Valley Rd, 9 units
Unit 10, Pita Pit, sold for $575,000
Unit 8, Bruce Lee, sold for $580,000
Unit 12, Tank Juice Bar, sold for $580,000
Unit 13, vacant, sold for $480,000
Unit 20, Whisky to Wine, sold for $1 million
Unit 9, Panscape, passed in at vendor bid of $950,000
Unit 14, Oporto, sold for $930,000
Unit 11, Luxury Nail, passed in at vendor bid of $850,000
Unit 19, vacant, no bid
East Tamaki, 3 adjoining properties
2 Newark Place, sold for $1.09 million
6 Newark Place, sold for $822,000
10 Birmingham Rd, no bid
Mt Eden, 11 Tawari St, sold for $1.61 million,
Wiri, 17C Joval Place, sold for $400,000.
CBD, Mid-City, 239 Queen St, unit 1I, passed in at $775,000.
Penrose, 738 Great South Rd, passed in at $1.45 million.
Takapuna, 43 Anzac St, passed in at $3.225 million.
Sandringham, 581 Sandringham Rd, sold for $1.21 million.
Takanini, 268 Great South Rd, withdrawn.
Whangarei, 3 Bank St, no bid.
Papakura, 64 Boundary Rd, passed in at $2.475 million.
CBD, 17 Albert St, unit 9C, no bid
Avondale, 57 Wolverton St, postponed to 6 August

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