Published 11 December 2005
Bayleys Real Estate has sold 38 properties for more than $40 million in a series of Total Property auctions around the country.
Whangarei, shops 6&10 Quality St, 2 shops of 108mÂ² & 98mÂ², with 2 established tenants, sold for $450,000 at an 8.3% yield. combined net rent $37,250/year. (Ross Blomfield, Bayleys Whangarei & Harry Kim, Bayleys Auckland Central.).
Whangarei, shop 12 Quality St, vacant 66mÂ² retail outlet, previous holding income $13,000/year. (Ross Blomfield, Bayleys Whangarei & Harry Kim, Bayleys Auckland Central).