RECENT DEALS for November 22nd
Mt Roskill Sheet Metal Works building at 907-909 Dominion Rd, Mt Roskill
Dominion Rd industrial
An older 1913 sq m industrial building on a 1606 sq m site zoned Mixed Use at 907-909 Dominion Rd, Mt Roskill, has sold for $2,470,000 at a 4.5 per cent yield through Mike Adams, Will Coates and James Appleby of Bayleys Auckland. Originally the home of the Mt Roskill Sheet Metal Works, that company remains a tenant along with Two Little Angels Furniture Store.
Big Whenuapai land deal
Grant Miller of Bayleys West Auckland team has sold 5.1469 ha of land with a Light Industrial zoning in Fred Taylor Drive, Whenuapai for $6,850,000 at $133 per sq m. The land is in the Westgate growth area close to the town centre.
East Tamaki vacant duo
John Bolton, Roy Rudolph and Katie Wu of Bayleys have sold two vacant industrial properties in East Tamaki to different purchasers for a total of $4,180,000. One was a 1152 sq m unit at 2/34 Cryers Road, East Tamaki comprising 900 sq m of warehousing and 252 sq m office plus 20 car parks which fetched $2,180,000. The other 1190 sq munit at 59BSir William Ave, East Tamaki sold for $2 million. It features 770 sq m of warehousing, a 210 sq m showroom, 145 sq m of office space and a 65 sq m mezzanine area.
Mount Maunganui site
A flat, vacant 9250 sq m industrial site close to State Highway 2 at 18 Hocking St, Mount Maunganui has sold for $2.4 million or $259 per sq m through Jim McKinlay and Rob Pinny, of Bayleys Tauranga.
Anzac Rd front unit
A 160 sq m road frontage unit in a new retail block at 26-28 Anzac Rd, Browns Bay, has been sold by Shoneet Chand, Matt Prentice and Mike Ryan of Colliers International for a total sale price of $1.71 million representing a 4.58 per cent yield.