Latest Commercial Sales-High Prices Continue

Harcourt’s sold the following properties last week,’

The low yields reflect the good location and the desire for bricks and mortar as the best form of security.


309 Ponsonby Road, Three Lamps
SOLD AT AUCTION
ASB as tenant
Sale Price $4,000,000
Yield 5.03%

 


305 P
onsonby Road, Three Lamps
SOLD AT AU
CTION
Bayleys Real Estate & Encore Designer Seconds as tenants
Sale Price $3,800,000
Yield 5.41%

307 Ponsonby Ro
ad, Three Lamps
SOLD AT AUCTION
Juli
Bridal as tenant
Sale Price $1,050,000
Yield 4.76%

291 Church Street, Onehunga
SO
LD AT AUCTION
4 established
tenants
Sale Price $1,700,000
Yield 6.78%

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