Around the block
deco features. Interior decor reflects intense attention to detail — from the bank’s replica corporate crests etched on the floor-to-ceiling glass and chrome entrance doors, through to the plaster ceiling rose in the dining room and 1930s period light fittings throughout.”
Heretaunga St West is Hastings’ spinal retail route — stretching 2.2km and home to a variety of food and beverage outlets and retailers. Three industrial units at 63 Corinthian Drive, Albany, have bend sold vacant for a total of $6.295m by Bayleys North Shore Commercial. An 834 sq m unit sold for $2.835m through Matt Mimmack. He and James Yu also sold two 547sq m industrial units — each for $1.73m.
Parnell trifecta
After selling 290 Parnell Rd and 27 Bath St (also at Parnell), Whillans agent Henry Thompson has sold a five-level building at 272 Parnell Rd for $15 million. This is equivalent to a 6 per cent initial yield.
Mount office/showroom
A 817sq m industrial office/ showroom/warehouse on 1312sq m of commercial land suitable for multi uses at 133 Newton St, Mt Maunganui, has sold by for $1,910,000. The deal was brokered by Rob Schoeser and Simon Clark of Colliers International, representing a yield of 5.15 per cent.
Mount premises
Adjoining ground floor office units at 314 Maunganui Rd, Mt Maunganui, sold for $2.22 m at a 4.49 per cent yield through Brendon and Lynn Bradley. Bayleys Mt Maunganui has occupied the premises for 10 years.
Dunedin sale
About 2700sqm of warehouse and office space at Lots 2 & 11, 180 Dukes Rd, North Taieri, Dunedin, have sold to an owner occupier for $1,150,000. The deal was brokered by Dean Collins of Colliers International.
A 587sq m stand-alone commercial office on 809sq m of land at 66 Hillside Rd, Wairau Valley, has sold for $1,920,000. The deal was brokered by Janet Marshall and Mike Ryan of Colliers International.