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 Ponsonby Road, Three Lamps
SOLD AT AUCTION
Bayleys Real Estate & Encore Designer Seconds as tenants
Sale Price $3,800,000
Yield 5.41%
307 Ponsonby Road, Three Lamps
SOLD AT AUCTION
Juli Bridal as tenant
Sale Price $1,050,000
Yield 4.76%
291 Church Street, Onehunga
SOLD AT AUCTION
4 established tenants
Sale Price $1,700,000
Yield 6.78%
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