Around the block
Freehold titles
A 6.98ha landholding in Mangere spanning three freehold titles has been bought by Goodman Nominee (NZ) Limited for $29m. The deal for the property at 42, 60 and 70 Favona Rd was brokered by Greg Watson, Greg Goldfinch, Andrew Hooper and Hamish West of Colliers International.
Retail property
A 1676sq m retail property at 75-79 The Square, Palmerston North, anchored by Kathmandu and Decjuba, sold for $4.1m at a 7.07 per cent yield by Bayleys agents Karl Cameron, Jim Wana and Mark Sherlock.
Vacant possession
A 1232sq m industrial property at 59B Sir William Ave, East Tamaki, was sold with vacant possession for $3.35m by Bayleys agents Nelson Raines, James Valintine and James Hill.
Industrial site
An 11,117sq m coolstore on a 3.615ha industrial site in Havelock North sold for $10m at a yield of 6.5 per cent by Rob Nankervis, of Colliers International.
Warehouse unit
A 420sq m warehouse and office unit at 273 Neilson Street, Onehunga, Auckland, sold for $1.81m by Bayleys agents James Hill, James Valintine, Sunil Bhana and Scott Campbell.
CBD property
An Auckland CBD office property at 25 Union St sold for $8.325m at a yield of 7.48 per cent by Jonathan Lynch and Tony Allsop and Josh Coburn of Colliers International.
Childcare centre
A 170sq m childcare centre at 12 Locket Rd, Glenfield, Auckland, sold for $1.69m at a 5.32 per cent yield by Bayleys agents Michael Nees, Tony Chaudhary and Amy Weng.
Hastings property
An industrial property at 7 Stevens Pl, in Woolwich, Hastings, sold for $6.4m at a yield of 9.06 per cent. The deal was brokered by Rob Nankervis of Colliers International.
Warehouse/office
A 16,974sq m warehouse/office at 25 Ha Cres, Wiri, Auckland, has been leased to Move Logistics Ltd. The deal was brokered by Colliers International industrial directors Andrew Hooper, Greg Goldfinch and Hamish West.
Industrial site
A recently refurbished industrial property at 5 Old Wairoa Rd, Papakura, Auckland, sold with vacant possession for $2.15m. The property has a floor area of 1114sq m on a 2120sq m freehold site. The deal was brokered by Paul Jarvie, Ash Vincent and Greg Goldfinch of Colliers International.