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Press Release – Bayleys Two high-profile units, one housing a leading New Zealand construction company and the other available with vacant possession, have gone up for sale in Auckland’s tightly-held Wairau Valley industrial precinct. The two-storey, freehold strata-titled properties at Unit C and Unit D, 6 Argus Place, Hillcrest, offer excellent street-front exposure and profile in a sought-after location with consistently low vacancy rates. The units are configured respectively for office accommodation and as a warehouse, office and amenities facility. Unit C is fully-leased to Teak Construction, which since 1992 has cut the ribbon on more than 500 successful building projects, from major commercial builds to government, remedial and residential works. It pays net annual rent of $120,000 plus outgoings and GST for some 576 square metres of office accommodation with nine car parks, on a lease that runs to 2024, with a further three-year right of renewal. ....
Press Release – Bayleys Two high-profile units, one housing a leading New Zealand construction company and the other available with vacant possession, have gone up for sale in Aucklands tightly-held Wairau Valley industrial precinct. ....
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 The land and building sustaining two ethnic fast food outlets in the middle of busy suburban shopping precinct have been placed on the market for sale. The property at 188 Kitchener Road in the Auckland suburb of Milford sits directly opposite the … The land and building sustaining two ethnic fast food outlets in the middle of busy suburban shopping precinct have been placed on the market for sale. The property at 188 Kitchener Road in the Auckland suburb of Milford sits directly opposite the Milford Shopping Centre with 65 shops and 757 car parks, which is next to the locale’s big New World supermarket. ....