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.
Monday, 22 February 2021, 3:12 pm
A rural property housing a popular restaurant and wedding
venue and identified for future development at the heart of
a new village settlement has been placed on the market for
sale.
6 Dyke Road,
Karaka
The property at 6 Dyke Road, Karaka, about 30
minutes’ drive from Auckland Airport and 40 minutes from
the CBD, is home to St Margaret’s Café, which attracts
guests from across the region for weddings and functions
amid expansive gardens in a country setting.
With
boundaries along Dyke and Linwood roads, the site forms a
central part of a precinct earmarked in Auckland Council’s
Press Release – Bayleys
A rural property housing a popular restaurant and wedding venue and identified for future development at the heart of a new village settlement has been placed on the market for sale.
6 Dyke Road, Karaka
The property at 6 Dyke Road, Karaka, about 30 minutes’ drive from Auckland Airport and 40 minutes from the CBD, is home to St Margaret’s Café, which attracts guests from across the region for weddings and functions amid expansive gardens in a country setting.
With boundaries along Dyke and Linwood roads, the site forms a central part of a precinct earmarked in Auckland Council’s unitary plan for the integrated development of a new rural village.
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