Archive | Newmarket

Bayleys year-end auction series yields $25.6 million from 14 sales

Bayleys sold 11 properties for $21.6 million at its final Total Property commercial auction in Auckland on Wednesday.

One property auctioned at the agency’s East Tamaki office on Tuesday added $2.3 million and 2 auctions brought forward to November added $1.7 million to the return, for a total $25.6 million.

The first 2 properties auctioned on Wednesday, both small premises in prominent spots in tightly held eastern suburbs neighbourhoods, were sold on yields of 3.6% (St Heliers, pictured above) & 4.7% (Remuera).

CBD

Learning Quarter

26 Airedale St:
Features: 220m² site, 2-level 364m² building, seismic rating 50% new building standard, concept plan available for 17-storey 68-unit apartment building
Rent: $139,00/year gross + gst
Outcome: no bid
Agents: Owen Ding & Sarah Liu

Isthmus east

Newmarket

375-389 Khyber Pass Rd, unit 7:
Features: 88m² retail unit occupied by Hair Design salon on a new lease from October, 2 parking spaces 
Rent: $36,000/year gross + gst
Outcome: passed in at $510,000
Agents: Quinn Ngo & Matt Lee

Onehunga

155 Neilson St:
Features: 980m² site zoned heavy industrial, 625m² warehouse, office & showroom, 2 tenants 
Rent: $91,811.38/year net + gst
Outcome: sold for $1.75 million at a 5.25% yield
Agents: James Hill, James Valintine, Sunil Bhana, Amy Weng & Tony Chaudhary

3 Pukemiro St:
Features: 556m² site, 390m² industrial building – clearspan warehouse, office & amenities, seismic rating 70% new building standard 
Outcome: sold with vacant possession for $1.15 million
Agents: William Gubb & James Valintine

Parnell

11A Cheshire St:
Features: 1031m² development site next to the new Parnell train station, resource & building consents in place for a 6-level apartment complex
Outcome: withdrawn from auction
Agents: Owen Ding & James Chan

Remuera

371-373 Remuera Rd:
Features: 229m² site, 598m² 3-level 1970s building zoned town centre, café & bar lease of 319m² of ground floor & basement space runs until mid-2023, with 2 6-year rights of renewal, balance of retail space & upper-level office premises occupied by 2 other tenants
Rent: $201,434/year net + gst
Outcome: sold for $4.325 million at a 4.66% yield
Agents: Alan Haydock, Damien Bullick, Andrew Wallace & Quinn Ngo

St Heliers

413 Tamaki Drive:
Features: 235m² site zoned local centre, 288m² 2-level building, opposite St Heliers Beach & near St Heliers Bay Rd intersection, 2 tenants on 10-year leases which both run until 2022 with no rights of renewal
Rent: $169,145/year net + gst
Outcome: sold for $4.71 million at a 3.59% yield
Agents: Cameron Melhuish, Andrew Wallace & James Chan

Isthmus west

Avondale

6C Wingate St:
Features: 80m² middle unit in modern retail block in town centre with access also from Great North Rd 
Rent: $47,000/year net + gst + outgoings on new 9-year lease to Domino’s Pizza NZ Ltd
Outcome: sold for $960,000 at a 4.9% yield
Agents: Janak Darji, Tony Chaudhary & Mike Bradshaw

Freemans Bay

27 Hargreaves St:
Features: 304m² site zoned mixed use, 318m² renovated character office building, 30m² deck
Rent: $171,160/year net + gst on new 6-year lease to Studio South Ltd from March 2018, 2 3-year rights of renewal
Outcome: sold shortly after auction for $3.25 million at a 5.27% yield
Agents: Damien Bullick, Alan Haydock & Mike Adams

3 Margaret St, unit 4:
Features: 53m² ground level commercial unit leased to lawyer Susan Kingston, 2 parking spaces, zoned business town centre
Rent: $27,000/year net + gst
Outcome: sold for $620,000 at a 4.35% yield
Agents: Stuart Bode, Mike Bradshaw & Mike Adams

North-east

Orewa

2 Hillary Square:
Features: 586m² site, 648m² floor area, tenants ANZ Bank and KiwiBank/NZ Post
Rent: $262,316/year net + gst
Outcome: passed in at $4.5 million
Agents: Mustan Bagasra, Nicolas Ching & James Chan

Rosedale

63 Arrenway Drive, unit 5:
Features: 118m² industrial unit, 2 parking spaces 
Outcome: no bid
Agents: Meng He, Ian Waddams & Steven Liu

5 Ceres Court, unit 2G:
Features: 155m², first floor office unit, 5 exclusive parking spaces
Rent: $45,000.00/year net + gst + outgoings
Outcome: auction postponed
Agents: Tonia Robertson & Caroline McNaught

Silverdale

28 Anvil Rd, unit 1:
Features: 246m² industrial unit, 5 parking spaces
Outcome: sold with vacant possession for $750,000
Agents: Matt Mimmack & Rosemary Wakeman

South

Manurewa

327 Great South Rd:
Features: 3288m² yard used as car yard, zoned business light industrial 
Outcome: no bid
Agents: Piyush Kumar & Peter Migounoff

39B Holmes Rd:
Features: half share of 1182m² site, 382m² workshop + parking & yard, tenant of 15 years now on monthly lease
Rent: holding income of $39,000/year net + gst + outgoings
Outcome: sold for $771,000 at a 5.1% yield
Agents: Peter Migounoff & Piyush Kumar

Pakuranga, Highland Park

5 Aviemore Drive, unit 1:
Features: 135m² Domino’s pizza outlet in 10-unit development completed in 2006   
Rent: $63,296/year net + gst + outgoings
Outcome: sold for $1.305 million at a 4.85% yield
Agents: Amy Weng, Tony Chaudhary & Janak Darji

Pukekohe

44-48 King St:
Features: 841m² site, 381m² building, 12 parking spaces at rear
Rent: $111,349/year net + gst + outgoings, pharmacy & Dollar World shops on 3- & 4-year leases
Outcome: sold for $2.005 million at a 5.55% yield
Agents: Shane Snijder & Graeme Moore

South of the Bombays

Wellington

Rydges Hotel, 75 Featherston St, units 422 & 1317:
Features: 2 28m² hotel units, leased to Rydges Hotel until 2033
Rent: unit 422 $19,371/year including gst, unit 1317 $30,244/year including gst
Outcome: withdrawn from auction but still for sale
Agents: Nick Thompson & Jim Wana

Earlier stories:
5 December 2018: East Tamaki sale starts last Bayleys commercial auction for year, 2 other sales in Airport Oaks & Orewa
25 November 2018 (another East Tamaki auction brought forward, 22 Polaris Place): 9 business park units sold
23 November 2018: Rosedale unit sold at auction brought forward

Attribution: Auctions.

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Broadway office & retail building sells

Barfoot & Thompson Commercial agents based in Takapuna have sold a Newmarket Broadway building on a 6.46% yield.

Isthmus east

Newmarket

131-151 Broadway:
Features: 2408m² site, 4734.67m² net lettable area, fully tenanted 5-level retail & office building, adjacent to Rialto, 87 parking spaces
Rent: $1,801,127/year net + gst
Outcome: sold in November for $27.9 million at a 6.46% yield
Agents: Elaine Tutty & Bruce Jiao

Attribution: Agency release.

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Auckland commercial, Waikato retail & southern lifestyle properties sell

Colliers agents have sold 2 Auckland commercial properties in Newmarket & Rothesay Bay, 2 retail investments in Hamilton & Matamata, and 2 lifestyle properties on the outskirts of Gisborne & Napier.

Isthmus east

Newmarket

118 & 120 Carlton Gore Rd:
Features: 706m² combined area of 2 adjacent commercial properties, net lettable area 644m², 2 separate vendors
Outcome: bought by a private investor for $7.365 million
Agents: David Burley & Kris Ongley

North-east

Rothesay Bay

595-601 Beach Rd:
Features: zoned neighbourhood centre; 595-599 Beach Rd is on cross-lease, 3/4 share in 678m², 3 tenancies; No 601 is freehold, 224m², currently a vacant yard
Rent: $66,000/year net + gst from cross-leased property
Outcome: sold for $1.28 million, at a 5.15% yield
Agents: Gawan Bakshi, Shoneet Chand & Sean Honeycombe

South of the Bombays

Gisborne

70 Haisman Rd:
Features: 12.65ha rural lifestyle property, 3-bedroom house, 6 paddocks
Outcome: sold post-auction for $1.3 million
Agents: Alan Thorpe & David Egan

Hawke’s Bay

Napier

Brookfields, 153 Kings Rd:
Features: 7.89ha lifestyle property with income from an orchard lease, has consent to irrigate
Outcome: sold at auction for $1.75 million
Agent: Duncan McKinnon

Waikato

Hamilton

11 Willoughby St:
Features: 392.4m² retail unit a corner of Mill St, 2 tenants
Rent: $90,422.20/year net + gst + opex
Outcome: sold for $1.54 million, at a 5.87% yield
Agents: Alan Pracy & Justin Oliver

Matamata

65-69 Arawa St:
Features: 352m² site, retail block built in 2016, 313m² floor area, 3 tenants
Rent: $93,225/year net + gst + opex
Outcome: sold for $1.68 million, at a 5.54% yield
Agents: Alan Pracy & Justin Oliver

Attribution: Agency release.

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Sales trio score all 4 deals at apartments auction

The apartment sales team of Steve Kirk, Habeen Urrahman & Chris Cairns scored 4 sales out of 4 properties on offer at Bayleys’ auction yesterday, where 19 apartments, townhouses & standalone homes were listed.

The other 3 apartments on the auction list were passed in, 2 without receiving a bid.

CBD

Quay Park

Scene 1, 2 Beach Rd, unit 1305:
Features: leasehold, 2-level 2-bedroom apartment, 2 parking spaces, remediation works identified – costs would fall to buyer, proceeding lodged in Weathertight Homes Tribunal, court claim lodged in 2014
Outgoings: rates $1808/year including gst; body corp levy $6800/year, ground rent $9704 pending new rate in November
Income assessment: $710/week
Outcome: sold for $130,000
Agents: Steve Kirk, Habeen Urrahman & Chris Cairns

Uptown

Nova en Scotia, 18 Scotia Place, unit 1A:
Features: 2 bedrooms
Outgoings: rates $1304/year including gst; body corp levy $4066/year
Income assessment: $520-550/week
Outcome: sold for $400,000
Agents: Chris Cairns, Steve Kirk & Habeen Urrahman

Park Terraces, 20 Upper Queen St, unit 401:
Features: 2 bedrooms, balconies, parking space
Outgoings: rates $1653/year including gst
Outcome: passed in at $450,000
Agent: Stephen Bidwell

126 Vincent St, unit 16:
Features: 256m², full-floor penthouse in mostly commercial building, 3 bedrooms, 2 lounges, 2 bathrooms, 3 parking spaces
Outgoings: body corp levy $25,018/year
Outcome: the apartment was sold for $1.2 million in September 2015; no bid this time
Agents: Julie Quinton & Jo Darbyshire

Isthmus east

Newmarket

23 George St, unit 5C:
Features: 3-bedroom penthouse, 2 bathrooms, balcony, 2 parking spaces
Outgoings: body corp levy $9472/year
Outcome: sold for $1.06 million
Agents: Chris Cairns, Steve Kirk & Habeen Urrahman

Isthmus west

Eden Terrace

43 Virginia Avenue East, unit 104:
Features: 61m², 2 bedrooms, parking space
Outgoings: body corp levy $4348/year
Outcome: sold for $550,000
Agents: Chris Cairns, Habeen Urrahman & Steve Kirk

Grey Lynn

1 Vinegar Lane, unit 201:
Features: 2-level penthouse, 2 bedrooms, 2 bathrooms, deck, 2 basement parking spaces
Outgoings: body corp levy $11,914/year including water
Outcome: no bid
Agent: Blair Haddow

Attribution: Auction.

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5 commercial & industrial sales in Auckland & south of Bombays

Colliers agents have sold 4 properties around Auckland, 2 at auction, and another 5 in the Bay of Plenty, Hawke’s Bay & Taranaki.

CBD

Uptown

5-7 Galatos St:
Features: 706m² site zoned business – city centre, allowing development to 30m high, 712.9m² building, headquarters of social enterprise Eat My Lunch Ltd, 100m from soon-to-be-constructed Karangahape city rail link station
Rent: $189,950/year net + gst, 8-year lease from 2016, 2 rights of renewal
Outcome: sold at auction brought forward for $4.35 million + gst, at a 4.37% yield
Agents: Shoneet Chand & Jonathan Lynch

Isthmus east

Newmarket

5 Broadway:
Features: 819m² site, 770m² commercial building
Outcome: sold for $6.75 million at a 4.4% yield
Agents: David Burley & Adam White

Isthmus west

Westmere

127-131 West End Rd:
Features: 741m² site zoned neighbourhood centre, redevelopment potential, 200m² floor area, 3 retail tenancies, rear parking
Rent: $45,620/year net + gst + opex
Outcome: sold at auction for $3 million + gst, at a 1.52% yield
Agents: Kris Ongley, Jonathan Lynch & Leroy Wolland

South

Half Moon Bay

490 Pakuranga Rd:
Features: 350m² retail block, 4 tenancies ranging from 70-130m²
Outcome: sold for $2.9 million + gst, at a 5.74% yield
Agents: Gawan Bakshi & Matthew Barnes

South of the Bombays

Bay of Plenty

Tauranga – Judea

19-25 Montgomery Rd:
Features: 3381m² industrial site in 3 titles, 2024m² net lettable area, high stud warehousing
Rent: $179,013/year net + gst
Outcome: sold for $2.85 million + gst, at a 6.28% yield
Agents: Rich Davidson & Rob Schoeser

Hawke’s Bay

Hastings – Twyford

1137 Omahu Rd:
Features: 15,568m² site zoned general industrial, redevelopment site containing a lifestyle block with a 240m² house, 448m² steel portal shed, 112m² canopy
Outcome: sold for $1.8 million + gst
Agents: Rob Nankervis & Hadley Brown

1424C Omahu Rd, unit 1:
Features: 3742m² industrial property, 1640m² 7m-stud warehouse & office, 1400m² sealed yard
Rent: $152,600/year net + gst, with 3-month break clause
Outcome: sold for $1.8 million + gst, at an 8.48% yield
Agent: Rob Nankervis

Napier

Whakatu industrial park, 50 Johnston Way:
Features: 11,130m² industrial property, single-storey specialist processing facility
Rent: $251,286/year net + gst from multiple tenants
Outcome: sold for $2,479,800 + gst, at a 10.1% yield
Agent: Rob Nankervis

Taranaki

New Plymouth – Bell Block

87 Corbett Rd:
Features: 6689m² site, 725m² building – warehouse 457m², office 268m² on ground floor & mezzanine, 3000m² subdivisible yard, 19 parking spaces
Rent: market assessment $102,500/year net + gst
Outcome: sold vacant for $1.375 million + gst
Agent: Benet Carroll

Attribution: Agency release & agent documents.

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All passed in at apartments auction

All 3 apartments auctioned at Ray White City Apartments yesterday were passed in

CBD

Learning Quarter

Carlisle Apartments, 7 Emily Place, unit 2H:
Features: 52m², one bedroom, Juliet balconies
Outgoings: rates $1357/year including gst; body corp levy $4902/year
Outcome: passed in at $490,000, back on market at $545,000
Agent: Damian Piggin

Quay Park

The Landings, 10 Ronayne St, unit 401:
Features: leasehold, 41m², 2 bedrooms, newly remediated complex
Outgoings: rates $1110/year including gst; body corp levy $4290/year, ground rent will increase by $1548/year
Income assessment: $450/week, fixed until 18 January
Outcome: passed in at $150,000
Agents: James Mairs & Lucia Gao

Isthmus east

Newmarket

11 George St, unit 3E:
Features: pet-friendly dual key unit, total 177m² – 2-bedroom apartment, 2 bathrooms, balcony; plus one-bedroom apartment; 2 parking spaces
Outgoings: rates $4253/year including gst; body corp levy $/year
Income assessment: $/week
Outcome: passed in at $1.5 million
Agent: Susanne Bussell

Attribution: Agency release.

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Carlton Gore office building leads 3 big sales

Colliers agents have scored 3 big sales – on Carlton Gore Rd in Newmarket (pictured above), the Royal Heights shopping centre (below) and a childcare centre in Mt Albert.

Isthmus east

Newmarket

109 Carlton Gore Rd:
Features: 4550m² office building, 4 levels, basement parking, built by Mansons TCLM Ltd in a twin office development
Rent: rent & vacancy not disclosed
Outcome: sold to a local private investor for $28 million + gst
Agents: Gareth Fraser, David Burley & Simon Child

Isthmus west

Mt Albert

55 Sainsbury Rd, unit 10:
Features: 1208m², childcare centre occupying whole first floor of a corner retail development built in 2010, leased to NZX-listed Evolve Education Group Ltd under its Lollipops Educare brand, 23 basement parking spaces
Rent: $226,000/year net + gst + opex
Outcome: sold for $3 million + gst at a 7.53% yield (asking price was $3.275 million, at a 6.9% yield)
Agents: Kris Ongley & Shoneet Chand

North-west

Massey

The Royal Heights shopping centre in Massey.

Royal Heights Shopping Centre, 138-144 Royal Rd & 41 Widmore Drive corner:
Features: 1.787ha centre containing a Countdown supermarket, 5 retail blocks & parking, on 2 titles zoned neighbourhood centre, 5051m² gross lettable area,
Rent: $785,961/year net + gst
Outcome: sold for $16.83 million + gst at a 4.67% yield
Agents: Gareth Fraser, Peter Herdson, Blair Peterken & Josh Coburn

Attribution: Agency release.

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3 sold in focus on cross-leases

7 of the 11 homes auctioned at Barfoot & Thompson’s city office yesterday afternoon were cross-leases, and 3 sold.

Also up for auction were a townhouse not on a cross-lease, an apartment & 2 standalone houses, all passed in.

A Newmarket apartment auctioned in the morning didn’t attract a bid.

The brick-&-tile sausage block is the standard from the past and they’re generally holding buyer interest, though the one in the photo above, in Mt Albert, didn’t attract a bid. Recent indications from the auctionrooms are that owners of suburban units & cross-leased homes, having gone to market, are resisting price reductions.

Isthmus east

Greenlane

93 Wheturangi Rd, unit 2:
Features: cross-lease, 1/5 share in 1942m², 2-bedroom unit, study, conservatory, garage
Outcome: sold for $1.057 million
Agents: Wendy Sadd & Helen Lam

Mt Wellington

36 Panama Rd, unit 1:
Features: cross-lease, ¼ share in 1232m², 2-bedroom unit, garage
Outcome: no bid
Agent: Paula Boontueng

Newmarket

Queen’s Lodge, 176 Broadway, unit C308:
Features: 64m², 2-bedroom apartment, 2 ensuites, secure covered parking space
Outgoings: body corp levy $2144/year for unit, $415/year for parking
Income assessment: $650-680/week
Outcome: no bid, back on market at $658,000
Agents: Selina Zheng & Tommy Zhang

Onehunga

49 Namata Rd, unit 2:
Features: cross-lease, 1/3 share in 895m², 2-bedroom unit – double-glazed, insulated, rewired; carport
Outcome: sold for $750,000
Agent: Kelly Fan

Remuera

17A Armadale Rd:
Features: cross-lease, 1/3 share in 858m², 3 bedrooms, 2 bathrooms, carport
Outcome: passed in at $1,281,500
Agents: Wayne Guo & Coco Wang

Isthmus west

Mt Albert

8 Counsel Terrace, unit 3:
Features: cross-lease, 1/6 share in 1315m², one-bedroom unit
Outcome: no bid, back on the market at $610,000
Agents: Wayne Guo & Zoe Zhang

Mt Eden

145 Mt Eden Rd, unit 10:
Features: 2-bedroom apartment, parking space
Outgoings: body corp levy $4343/year
Outcome: passed in at $820,000
Agent: Mozhgan Bahrami

573C Mt Eden Rd:
Features: 209m², 4-bedroom townhouse, 3 bathrooms, double garage
Outcome: passed in at $1.55 million
Agents: Ricky Fan & Joyce Gu

Mt Roskill

98 Melrose Rd, unit 4:
Features: cross-lease, ¼ share in 1378m², 75m² 2-bedroom unit, parking space
Outcome: passed in at $560,000
Agents: Michael Zhang & Debbie-Lee Wallace

North-west

New Lynn

1 Riverview Rd, unit 1:
Features: cross-lease, half share in 1042m², 180m² 3-bedroom unit, 2 bathrooms, double garage
Outcome: sold for $907,500 at auction brought forward
Agents: Anna Lechtchinski & Alex Wu

Attribution: Auction.

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3 separate Newmarket Broadway properties sold

Bayleys agents have sold 3 separate Newmarket Broadway commercial properties and another on Carlton Gore Rd.

Isthmus east

Newmarket

136 Broadway:
Features: 400m² site opposite intersection with Khyber Pass, zoned metropolitan centre (height allowance of 28.5m) offering development potential; 6-level, 1432m² retail & office building, basement parking; Ray White occupies the ground floor & has signage rights, floors above are tenanted by various professional firms
Rent: about $461,000/year net + gst
Outcome: sold for $7.2 million at a 6.4% yield
Agents: Oscar Kuang, James Chan & Matt Lee

180-182 Broadway (pictured above):
Features: 427m² site, 2062m² fully leased, 7-storey building, 2 double stud height shops on ground level; Route 66 & Tank Juice occupy retail space, Techtorium Ltd leases 3 of 5 office levels; 21 parking spaces on individual unit titles in adjoining building plus additional income from advertising signage lease on southern exterior
Rent: $763,000/year net + gst
Outcome: sold for $11.5 million at a 6.63% yield
Agents: Alan Haydock, Damien Bullick & Graeme Sun

252-254 Broadway:

252-254 Broadway, Newmarket.

Features: 362m² site, 746m² standalone retail building constructed in 1994; Rodd & Gunn NZ Ltd leases 529m² over 2 levels until February 2022 plus 2 4-year rights of renewal, Nike leases the remaining 271m² until August 2022
Rent: $519,000/year net + gst
Outcome: sold for $7 million at a 7.41% yield
Agents: Ed Donald & David Bayley

96B Carlton Gore Rd:
Features: 578m² 2-level premises, 15 secure parking spaces in large commercial & residential complex built in the 1990s; 10-year lease from May 2017 on 408m² of high stud showroom space occupied by Flex Fitness NZ Ltd, a 24/7 gym with substantial fitout; a 170m² office tenancy above, with separate entrance, is occupied by beauty/wellness tenant Coslab Medical Aesthetics Ltd
Rent: $264,000/year net + gst
Outcome: sold for $3.4 million at a 7.76% yield
Agent: Alan Haydock

Attribution: Agency release.

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4 intensive residential sales at week’s auctions

10 intensive properties – apartments, suburban units and one property with consent for 4 terraced houses – were auctioned at Barfoot & Thompson’s city office this week, and 4 sold.

That picture, after a more successful auction on Thursday afternoon than many recently, compares to the state of play at close on Wednesday: 6 auctioned, 2 sold.

The greater success rate followed Thursday afternoon’s auction of 11 residential properties (including standalone houses), of which 7 sold, including 2 of the 3 suburban units.

CBD

Uptown

Harbour Green, 11 Union St, unit 711:
Features: 2-bedroom apartment, deck, basement parking space
Outcome: passed in, back on market at $415,000
Agents: Wendy Feng & Jack Li

Isthmus east

Newmarket

176 Broadway, unit B502:
Features: 63m², 2-bedroom apartment, 2 bathrooms, secure parking space
Outcome: passed in
Agent: Peter Wu

Onehunga

Norfolk Rise, 110D Grey St:
Features: 3-bedroom unit, carport
Outcome: passed in at $804,000
Agent: Digna Clark

15 Heretaunga Avenue, unit 1:
Features: 2-bedroom unit, 2 garden sheds, carport
Outcome: sold for $683,000
Agent: Kevin Liu

Remuera

Park Crest, 524 Remuera Rd, unit 10B:
Features: 2-bedroom apartment, 2 bathrooms, balcony, 2 parking spaces, storage locker
Outgoings: estimated body corp levy for 2019 $12,374/year
Outcome: no bid, back on market at $1.495 million
Agents: Andrew Tills & Anne Bruford

705 Remuera Rd, unit 1D:
Features: 3-bedroom apartment, 2 bathrooms, terrace, 2 secure basement parking spaces, storage locker
Outcome: no bid, back on market at $1.698 million
Agents: Leila & David MacDonald

Royal Oak

44 Korma Rd, unit 2:
Features: about 66m² internal, 2-bedroom unit, large deck, carport, garden shed; 13.4m² container-studio outside provides options for officer or storage
Outcome: sold for $690,000
Agent: Justin Coleman

Isthmus west

Avondale

19A & B Holly St:
19A features: 89m² unit, 3 bedrooms, balcony, private & secure courtyard, carport, storage
19B features: refurbished 2 bedrooms, balcony, carport
Outcomes: no bid on the 2 together; 19A was then sold for $596,000; there was no bid on 19B on its own and it’s back on the market at $550,000
Agents: Jason Tsang & Ian Yu

North-west

Te Atatu South

6 Milich Terrace:
Features: 809m² section, 3-bedroom house, garage; resource consent granted for 4 terraced houses with study & double internal-access garages
Outcome: sold for $730,000 at mortgagee auction
Agent: Philip Davis

Attribution: Auctions.

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