Press Release – Bayleys Realty Group
Five investment offerings selling at yields of under or close to four per cent and three development site sales were features of Bayleys’ latest commercial and industrial auctions.
Ten out of 11 Auckland properties showcased in Bayleys second
Total Property portfolio for the year sold under the hammer. The highest price achieved was $5,810,000 for a property in Oneroa Village, Waiheke Island.
Located on a 1480 sq m site at 116 Ocean View Rd with a 441 sq m building, its largest tenant is Work and Income New Zealand with three street front retail tenants. There is a substantial amount of undeveloped land at the rear of the building that links to a rear service lane and provides 16 car parks.
Press Release – Bayleys Realty Group 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Aucklands central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar …
11 Mount Street, Auckland Central.
A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers.
The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors.
Press Release – Bayleys Realty Group
11 Mount Street, Auckland Central.
A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers.
The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors.
A buyer is being sought for the entire building with more than 100 freehold strata units for sale in one line.
The structure is currently undergoing a reclad, with an Auckland Council-approved remedial works plan underway to address moisture issues. It is expected to appeal to long-term investors and developers keen to capitalise on future upside from the strong demand for student accommodation and serviced apartments close to the CBD.
Press Release – Bayleys Realty Group 11 Mount Street, Auckland Central. A 12-level hotel and apartment complex for sale in Aucklands central business district is expected to attract keen attention from add-value investors and developers. The property at 11 Mount Street, known as Scholar …
11 Mount Street, Auckland Central.
A 12-level hotel and apartment complex for sale in Auckland’s central business district is expected to attract keen attention from add-value investors and developers.
The property at 11 Mount Street, known as Scholar Hotel Apartments, sits within the city’s universities district and is a short walk from Queen Street, in an area highly sought-after by students and commercial property investors.
Buyers Study Future Upside Of Hotel/apartment Complex For Sale In University District scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.