Colliers agents have sold 3 adjoining development sites at the Tauriko business estate outside Tauranga and the Husqvarna building near Auckland Airport.
51 Aintree Avenue:
Features: 5830m² site, 3752m² building – 3290m² clearspan warehouse, stud height 9-11m, 461m² of office & amenities, occupied by Husqvarna
Rent: $444,500/year net + gst from new 6-year lease
Outcome: sold to a private investor for $9.2 million at a 4.83% yield
Agents: Andrew Hooper, Dwayne Warby & Hamish West
South of Bombays
Bay of Plenty – Tauranga
33, 35 & 37 Taurikura Drive:
Features: 3 vacant sites totalling 8149m², zoned bulky goods
Outcome: sold to a private investor for a total $3.425 million
Agents: Rob Schoeser, Simon Clark & Mat Gibbard
Attribution: Agency release.