An apartment in the Century on Anzac, on downtown Auckland’s eastern fringe, sold for $4286/m² at auction today – price reduced because of pending major remedial works, but still well above the price paid in the same auctionroom 4 weeks ago for a unit lower down the building.
Read more →Waterfront
Passed in 6 weeks ago, sold at new auction this week
An Eden Green apartment passed in at one auction 6 weeks ago was sold under the hammer at City Sales’ auction on Wednesday.
Read more →Gibson raises “the Gull effect” in ports debate
In the ongoing war of words over whether the freight port should be moved out of Auckland, port company chief executive Tony Gibson argued today that closing it would add $533-626 million/year to the cost of imports.
Read more →Sebel studio passed in
A Sebel studio – one of only 2 north-facing studios in the building overlooking the Viaduct Basin – was passed in at Bayleys’ auction today after one phone bid plus a vendor top-up.
Caption: The view across the Viaduct Basin from the Sebel studio.
One sells out of 5 apartments at auction
One of the 5 apartments auctioned at Ray White City Apartments today was sold under the hammer, but bidding fell well short of expectations on the others.
Read more →Vibe commercial unit passed in
A ground floor commercial unit in the Vibe complex at the Viaduct Basin was passed in at Ray White Commercial’s auction today.
Read more →Alpha Hopetoun among 8 commercial sales
8 commercial property sales signed by Bayleys agents include Alpha Hopetoun at the top of the central city, one leasehold site and the lessor’s interest in another.
Read more →Port company spends up for better long-term performance
Ports of Auckland Ltd chief executive Tony Gibson talked “short-term pain for long-term gain” on Friday, when the Auckland Council-owned port operator net profit down 16.4%, but capex up 27%.
Read more →One hotel unit sold, one passed in
One hotel unit in the Sebel on the Viaduct was sold and one in the Amora passed in at City Sales’ auction yesterday.
Read more →Pullman Residences unit sells at auction, 4 other units passed in
One apartment was sold out of 5 on offer at Ray White City Apartments’ auction on Thursday. One attracted no bid and a Sebel Suites unit overlooking the Viaduct Basin attracted just one bid.
Read more →1 sells out of 2 at City Sales’ first auction for year
City Sales started the year with one apartment sold at auction today, the other attracting no bid.
Read more →6-tenant O’Connell St retail package sells
Bayleys agents have sold 6 properties around the Auckland cbd & western fringe, including 6 retail tenancies in an O’Connell St building (pictured).
Read more →Council committee ignores point of waterfront stadium request: agreement to test feasibility
Proponents of a stadium on the Auckland waterfront laid out their plans for Auckland Council’s planning committee yesterday, including a long question-&-answer session.
Read more →Wharf studio sells at auction
A leasehold Princes Wharf studio sold at Ray White City Apartments’ auction today, but the other 4 units on offer were all passed in.
Read more →Consortium releases waterfront stadium proposal details
The proponents of a new waterfront stadium in Auckland released further details today of their proposal, and participants.
Read more →Sebel unit at Viaduct sells
A unit in the Sebel, overlooking the Viaduct Basin, was sold at City Saes’ auction on Wednesday. A student accommodation unit in Tetra House was passed in.
Read more →Quay St apartment sells, new Citizen unit & Te Atatu shops passed in
A waterfront apartment on Quay St sold at Bayleys’ auction today, but a new penthouse unit in Urban Collective Ltd (Kelly McEwan)’s The Citizen, across the road from Basque Park in Eden Terrace, attracted no bid.
Read more →Princes Wharf apartment passed in
A Princes Wharf apartment was passed in at City Sales’ auction today after 2 offers from the one bidder.
Read more →Precinct Properties presents a long list of positives from development & in financial structure
Major commercial property owner – and nowadays developer – Precinct Properties NZ Ltd lifted its net profit after tax for the year to June by 57.2% to $254.9 million.
Read more →Precinct Properties valuations & profit up, debt low
Precinct Properties NZ Ltd increased its net profit after tax by 57.2% to $254.9 million (2017: $162.1 million) in the year to June.
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