9 apartment & suburban unit sales at auction

An apartment on the city side of Grafton & 6 suburban units were sold at Barfoot & Thompson’s residential auction yesterday afternoon, and 2 units in Remuera sold at the end of the agency’s Wednesday auction.

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City Gardens on Albert St & Durham St West.

City Gardens & Metro City apartments sell

An apartment in City Gardens off Queen St, with almost $121,000 of settlement funds available to cover pending remediation work on the building, sold under the hammer at Ray White City Apartments’ auction today. The other apartment on the auction list, in Metro City, also sold.

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5 suburban units & cross-leases sell at Barfoots

5 suburban units & cross-leased properties were sold and 4 passed in at Barfoot & Thompson’s auction yesterday (with another 4 still to be offered after my last check for the day).

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On the move, June 2016

Mark Rendell to head Colliers’ Rotorua office – Rendell moves from Bayleys to Sotheby’s – Construkt recruits 2 more graduates – Intern returns to Market Economics as analyst – AMP Capital promotes Hyde-Smith in operating model rejig – Catton follows Bull to Tramco – JLL promotes 2 to commercial consultants – Sammon joins CBRE East […]

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Maungaturoto hotel among sales & leases

Bayleys North Shore agents have reported 5 sales of commercial property in April & June and 4 leases. They include sale of the Maungaturoto Hotel and buildings at Birkenhead, Riverhead & Rosedale, leases on offices in Browns Bay & Takapuna and yard space at Dairy Flat.

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fairgray price v mig

Fairgray works through the question: Who’s really the house price villain?

An historical perspective shows Auckland house prices might not be quite as far out of whack as is commonly thought. Market Economics Ltd director Doug Fairgray presents that perspective in a column in his monthly newsletter.

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2 out of 6 sell at Barfoots apartments auction

2 apartments were sold at Barfoot & Thompson’s apartments auction today, another 4 were passed in, 2 were withdrawn & one was deferred a week. A commercial property, also withdrawn from the auction, is back on the market with a price tag.

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144 Victoria Avenue, Remuera.

6 intensive residential properties sell at auctions

6 properties sold out of 14 offered at Barfoot & Thompson’s auction on Wednesday in the categories of apartments, suburban units & cross-leases. I’ve included 3 properties in Mt Roskill, Remuera (pictured) & Western Springs primarily for the interest in their land value.

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56-58 Grafton Rd, Grafton.

Corrected: 4 small commercial sales

A selection of small commercial properties traded recently through Bayleys includes a body corporate manager’s office & a small office/showroom on 2 sides of Victoria Park, a mostly vacant office building at the foot of Grafton Gully and an office in Mt Eden.

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