Around the block
Henderson to Bayleys
Daniel Henderson has joined Bayleys Real Estate as North Shore commercial general manager. The former Auckland International Airport property development manager and Smales Farm general manager retains directorships, including on the NZ Green Building Council.
East Ta¯maki
A substantial industrial property at 62 Allens Rd, East T¯amaki, has sold vacant to an owner/occupier for $7.25m. It has a net lettable area of 3090sq m on a 7,550sq m freehold site. Colliers’ Joshua Franklin, Hamish West and Paul Higgins brokered the off-market sale.
Greerton industrial
Three light industrial premises at 63, 65A, 65B Maleme St, Tauranga, on separate titles totalling 1.6417ha with multiple tenancies, have been sold for $7.7m at 6.61 per cent yield by James Ross, Bayleys.
Airport industrial
An industrial property at 3A Airpark Dr, has sold vacant for $4.35m. It comprises a 1660sq m office and warehouse on a 2521sq m freehold site. The off-market sale was transacted by James Appleby, Brad Johnston and Paul Jarvie of Colliers.
Manurewa Commercial
A 1033sq m 1980s’ commercial building on a 1036sq m site, at 236 Gt South Rd, Manurewa was sold at a Bayleys Total Property auction for $2 million at an 8.25 per cent yield through Shane Snijder, Dave Stanley and Piyush Kumar.
Dunedin industrial
A large warehouse property leased to Fonterra in Dunedin’s Silverstream Industrial Park has sold for $1.6m, at a yield of
9.5 per cent. The sale of Lot 3, 180 Dukes Rd, North Taieri, was brokered by Dean Collins of Colliers. It comprises a
2257sq m warehouse on a 3033sq m freehold site.
Bare Rosedale site
A 2951sq m bare site at 59 Arrenway Dr, Albany, has sold for $2.1m at $711 per sq m through Matt Mimmack and Laurie Burt, Bayleys.
Gisborne citrus orchard
An 11.07ha citrus orchard and homestead at 297 Matawai Rd, Waerenga-a-hika, Gisborne, sold prior to auction for $2.3m. This was brokered by rural and lifestyle specialists David Egan and Alan Thorpe of Colliers.
Former Kingsland PO
A new owner-occupier has paid $1,962,000 for the former Kingsland Post Office, a two-level heritage building at 478 New North Rd, in a deal brokered by Bayleys’ Phil Haydock. St Vincent de Paul had operated a shop there for 30 years.
Industrial unit
A 600sq m industrial unit at 25A Andromeda Cres, East T¯amaki, has sold for $1.55m, at a yield of 5.18 per cent. The deal was brokered by Colliers’ Jolyon Thomson and Joshua Franklin.