Bayleys agents have sold a central city office & 2 mixed use properties in Grey Lynn & Kingsland.
12 O’Connell St, unit 4B:
Features: 314m² refurbished office
Rent: $100,255.16/year net + gst
Outcome: sold for $1.435 million at a 6.98% yield
Agents: Cameron Melhuish, Brendan Graves & Andrew Wallace
15 Surrey Crescent:
Features: 173m² character villa, 708m² corner site, leased for nearly a decade to the Raukatauri Music Therapy Trust, existing commercial use rights
Outcome: sold for $2.1 million at a 2.86% yield
Agents: Scott Kirk, James Were & Andrew Siegert
341 New North Rd:
Features: 371m² mixed use site, 4-bedroom cottage, 1 parking space
Outcome: sold for $1.59 million including gst
Agents: James Were & Stephen Scott
Attribution: Agency release.