An apartment at the Parnell end of Broadway Park sold under the hammer at Bayleys’ auction yesterday.
In contrast, once the auction room had thinned out, an office space in the former South British Insurance building (pictured) on the corner of Shortland & High Sts, split into 4 tenancies, attracted no bid although it’s proved a popular address for small professional firms & practices.
Broadway Park, 5 Furneaux Way, unit 1E:
Features: 2 bedrooms, internal access from tandem garage
Outcome: sold for $555,000
Agents: Julie Prince & Diane Jackson
Queen St valley
Old South British Building, 3-13 Shortland St, office unit 8B:
Features: 373m², refurbished, split into 4 tenancies, one 106m² tenancy vacant
Rent: $74,567/year net + gst from 3 tenancies
Outcome: no bid
Agents: James Were & Scott Kirk