Well-located Christchurch industrial portfolio in demand
3, 4, 6, 7, 8, 10 and 12 Paragon Place and 26-32 Waterloo Road, Sockburn, Christchurch
Sold under the hammer individually with a combined sales value of $7,132,500 at a 6.3% to 7.5% yield to mainly local investors.
Hammer falls on Rangiora property, with one owner since 1932
214-222 High Street and 2 Durham Street, Rangiora
Sold under the hammer for $1,990,000 with six parties actively bidding on the day.
Family sell prime corner property in evolving K’Road
122-130 Karangahape Road, Auckland
Sold under the hammer with more than 377 bids received for $4,005,000 at a 4.12% yield.
Fully-tenanted with character and history in Devonport
69-71 Victoria Road, Devonport, Auckland
Sold by tender to a Palmerston North-based investor with other North Shore properties in his portfolio for $2,150,000 at a 6.68% yield.
Scaling commercial heights at popular Mount Maunganui
185-187 Maunganui Road, Mount Maunganui
Sold under the hammer for $3,800,000 + GST at a 4.07% yield to a local investor.
Purpose-built Taupo Medical Centre on the market for the first time
117 Heu Heu Street and 118 Tuwharetoa Street, Taupo
Sold by tender for $5,000,000 at a 5.83% yield to a South Island-based investor.
Nelson industrial duo resonates with a local buyer
25-31 Bullen Street, Tahunanui, Nelson
Sold by negotiation for $670,000 and $790,000 respectively to a local commercial property investor.
Targeted campaign brings buyers out in Wairau Valley
201 Archers Road, Wairau Valley, Auckland
Sold by tender for $7,040,000 at a $825/m² (land value).
Strategically-located land and buildings in Taupiri
1 Railway Road, Taupiri
Sold under the hammer for $2,250,000 at a 6.12% yield with long standing national tenant Farm Source.
Air of optimism in Opotiki helps generate good result
108 Church Street, Opotiki
Sold under the hammer for $516,000 at a 9.44% yield to an Auckland-based investor.