Marketwatch

AUCKLAND 10 Don McKinnon Dr, Albany

A 12,340 sqm piece of development land sold for $15m, a price of $1,215.5 per sqm. he site had a Business 11C (residential focus) zoning which allows for high density residential development, convenience retail and age care facilities. Sold by Eddie Zhong, Michael Block, Damian Stephen of Bayleys North Shore Commercial

Cnr Eldon St and Esmonde Rd, Takapuna

A 150sqm 1960s’ residential dwelling converted to commercial use on a high profile 883sqm site has sold for $2.2m at a 2.3 per cent yield. The price was above its CV of $950,000 and has mixed housing urban zoning under the PAUP. Sold by Simon Aldridge, Chris White and Michael Nees, Bayleys North Shore Commercial.

14 Fox St, Parnell

A modern 143sqm mixed use office on 314sqm site sold with vacant possession to a private investor for $1.73m. Including four carparks and development options, the property was sold by John Davies and Greg Goldfinch of Colliers International.

HAMILTON 220 Ellis St

A 8,300sqm site housing Fletcher Steel Ltd has been sold for $3.55m by Mark Brunton and Alan Pracy of Colliers International. The property has dual street access with 3830sqm of building area.

ROTORUA 1125 Arawa St

A modern, 630sqm, two-storey building with A-plus seismic rating sold for $1.55m at a 6.8 per cent yield. The building was purpose-built for and leased to Environment Bay of Plenty. Sold by Mark Rendell of Bayleys.

WELLINGTON 99 Boulcott St

The 165sqm Plimmer House, occupied by Boulcott Street Bistro, has sold for $1.7m at a yield of 7.5 per cent, 10-year lease in place from December 2015. Sold by Fraser Press, Bayleys.

NEC House, 141 Manners St.

A 9,528sqm, six-level office building on 1,793sqm site sold for $12m at an 8.5 per cent yield. Multiple tenancies returning just over $1m in rental income, with 3,691sqm of the building vacant. Sold by Grant Young, Mark Hourigan, Bayleys.